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 Vasle sees rates much closer to 3% at year-end
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,...
IMF says surging US & China debt pose risks for global public finances
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,...
ICYMI – BoA survey: 76% of fund managers polled expect at least 2 Fed rate cuts in 2024
Via Bank of America's monthly global fund manager survey (conducted between April 5 and April 11):76% of fund managers polled expect two or more Federal Reserve interest rate cuts in 20248% expect no rate cut at allThe timing of this survey saw the March CPI released...
Forexlive Americas FX news wrap 17 Apr. The USD moves lower snapping 5 day up streak
The USD was lower and the weakest of the major currencies today. The NZD is the strongest.There was little in the way of econonmic data (well nothing). The weekly oil inventory data showed a larger than expected build in oil inventories although gasoline and...
ICYMI – US President Biden calls for a tripling of tariffs on Chinese steel
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 to reimpose oil sanctions on Venezuela
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,...
Another down day for US stocks
The major US stock indices have another down day. The S&P and NASDAQ indices are now down for four consecutive days. A snapshot of the closing levels shows:Dow Industrial Average down -45.66 points or -0.12% at 37753.32S&P index down -29.18 points or -0.58% at...
ICYMI – Holzmann says geopolitical risk is the biggest threat to a potential ECB 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,...
Economic calendar Asia 18 April 2024 has 2 Fed speakers (Mester, Bowman) & AUD jobs report
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, 18 April, 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,...
ECBs Lagarde says exchange rates matter and it leads to a rotation higher
ECB's Lagarde said that:We monitor the exchange rateIt is obvious that exchange rates may have an impact on inflationThe truisms are not anything new, but given more illiquid afternoon markets, it did give a minor boost to the beaten down EURUSD. The move to the...
Japan’s Kanda: No change to our stance to take appropriate action on FX as needed
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 Pres. Lagarde: Growth in Europe mediocre. Much slower than the US
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,...
Japan finance Minister Suzuki held bilateral meetings with Yellin
Japan's finance Minister Suzuki held bilateral meetings with us Treasury Secretary Yellen. At the meeting the two leaders:agreed to communicate closely on FXDiscussed Ukraine a MDB and global taxation.Will respond appropriately to excessive FX movesNeedless to say the...
Crude oil futures settle at $82.69
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,...
ECBs Nagel: A June cut is looking increasingly likely, but there is still some caveats
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,...
ECBs Centeno: First cut in June is very likely.Number of cuts will depend on incoming data
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,...
Deutsche Bank sees slower pace of BOE rate cuts
Deutsche Bank no longer sees the Bank of England cutting rates in May and instead views June as the start of the cycle. That will be followed by further cuts in Sept and Dec.The three cuts this year is unchanged but they now see the BOE slowing to a quarterly pace in...
Feds beige book: Contacts expect inflation would hold steady at a slow pace
The Fed's Beige book for April has been released:Below are the highlights of the overall economic activity report:Economic Expansion: Activity expanded slightly overall since late February, with 10 out of 12 Districts reporting slight to modest growth.Consumer...