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,...
Fed to cut by 25bp next week – don’t have have enough conviction to hold rates unchanged
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,...
Bank of Canada Governor Macklem sees pick up in business sentiment over next year
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,...
Bank of Canada Governor Macklem statement to Senate committee same as one to Commons
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,...
A rundown of the earnings after the close
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,...
Economic calendar in Asia Thursday, October 31, 2024 – China PMIs, Bank of Japan
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,...
Trade ideas thread – Thursday, 31 October, insightful charts, technical analysis, ideas
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,...
Meta Platform: EPS $6.03 versus expected $5.24 : Revenues: $40.59B vs $40.27B estimate
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,...
Microsoft earnings better than expectations
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,...
US major indices close lower
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,...
Forexlive Americas FX news wrap: ADP jobs strong, GDP misses slightly
Markets:Gold up $12 to record $2786US 10-year yields up 1 bps to 4.28%S&P 500 down 0.3%WTI crude oil up $1.68 to $68.89EUR leads, GBP lagsIt was a lively day of news flow but it's tough to tie it back to price action. The US dollar jumped 35 pips on the ADP...
Earnings after the close led by Microsoft and Meta Platform
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,...
Draft of Lebanon-Israel 60-day ceasefire leaked
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,...
Rising yields underpin a bounce in the dollar
US 10s intradayUS Treasury yields are at the highs of the day across the curve on a small jump in the past 15 minutes. US 10s are now up 1 bps on the day to 4.28% after falling as low as 4.20% earlier.It's not clear what the catalyst is because there are conflicting...
USDJPY close technical levels are getting closer together. Traders looking for a break.
The USDJPY is lower on the day, but has been able to points for buyers against its rising 100-hour moving average. That moving average, comes at 152.826. A move below that level would have traders targeting the rising 200-hour moving average of 151.972. There's other...
HSBC: EUR/USD likely to see short-lived rally on Harris win, followed by gradual decline
EURUSD dailyHSBC anticipates a knee-jerk rally in EUR/USD if Kamala Harris wins the US election, driven by initial USD weakness. However, they expect this rally to be temporary, with the pair likely resuming a downward trajectory as monetary policy differences...
US dollar bounces around as the election cloud looms
Today was a busy day of economic data that featured a strong ADP jobs report and a softer-than-expected GDP report that contained some very strong details. We also got a blockbuster pending home sales report.Normally that combination would lead to some US dollar...
Bitcoin can’t extend to new highs on the first test. Backs off.
Bitcoin moved sharply higher yesterday and reached an intraday high of $73,600. That was within $200 of the all-time high reached back in March at $73,794. The price has backed off today and trades down by $738 or -1.01% at $71,991.The move to the upside extended into...
Another record for Gold. Moves up to a channel trend line.
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,...
BofA: What we expect from the US jobs report on Friday
Bank of America forecasts a 100k increase in October nonfarm payrolls, affected by Hurricane Milton and the Boeing strike, with average hourly earnings growth rising to 0.5% m/m. Despite potential data distortions, BofA expects the Fed to proceed with a 25bps cut at...