High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Market News – Stock markets strengthen as tech rally widens
Economic Indicators & Central Banks: The bulls are back in town for now. Wall Street climbed, led by tech and especially the Magnificent 7 — all cohorts rallied, even Tesla which broke a 7-session losing streak even as its earnings news was awaited. US: The...
Risk Sentiment Remains Positive: Gold, VIX, Tesla Latest Outlooks
Gold, VIX, and Tesla Latest Outlooks and AnalysisThe VIX falls 27% from Friday’s highTesla rallies 14% after hours despite missing expectations.Gold pops higher on a weaker US dollar.For expert Q2 US dollar analysis, download our complimentary guide below: Recommended...
Japan senior lawmaker says yen slide towards 160 could prod action
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
ECB’s Nagel: June rate cut not necessarily followed up by a series of rate cuts
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
European indices hold slightly higher to kick start the session
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
FX traders have got their popcorn bags out
Will Japan intervene or won't they? It's definitely not ideal as we look towards European trading, where liquidity conditions will start to pick up. And even more so when US traders come into the fray later. Officials might be thinking to wait for the BOJ to send a...
USD/JPY but a whisker away from the pivotal 155 mark
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
FX option expiries for 24 April 10am New York cut
There is just one to take note of, as highlighted in bold.That being for EUR/USD at the 1.0700 mark. The pair is being resisted around the 38.2 Fib retracement level of its recent swing lower this month, seen at 1.0709. So, the expiries here could help to keep price...
German Ifo business survey the highlight of the agenda in Europe today
The softer US PMI data from yesterday is still reverberating but also a much improved risk mood. Geopolitical fears have subsided since the weekend and that is helping to see stocks bounce back quite nicely to start the week. In turn, risk currencies are picking up on...
Aussie bounce runs into key level on the chart, what’s next?
After the softer US PMI data yesterday, it is keeping the Fed outlook more interesting. The dollar fell as traders might have to consider at least one rate cut for the year. But in the case of the aussie, it doesn't seem like rate cuts might be on the table for this...
ForexLive Asia-Pacific FX news wrap: Higher than expected Australian CPI data, AUD up
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Why the stronger yuan might prompt a PBOC rate cut
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
European Central Bank speakers Wednesday include Schnabel
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Australia- inflation a bit higher than expected, RBA on hold
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
4 reasons why the RBA may be the last major central bank to cut rates
Reason number 1 is not unique to the RBA, sticky high inflation as confirmed by the most recent data:The Wall Street Journal has a nice piece up dissecting the (ugly) data and on implications for the RBA. But it's the final part of the article that hits the home run...
AUD/USD jumped above 0.6500 on higher than forecast inflation data for Q1 of 2024
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Australian Q1 CPI +1.0% q/q (expected 0.8%) 3.6% y/y (expected 3.4%)
AUD has jumped on the higher than expected inflation figures. The results are also just above RBA forecasts,This is a nail in the coffin of 2024 rate cuts from the Reserve Bank of Australia.Hiher than expected headline and core (trimmed mean) inflation data from...
US Senate passes US$95bn aid bill for Ukraine, Israel, Taiwan
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
PBOC sets USD/ CNY mid-point today at 7.1048 (vs. estimate at 7.2363)
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...