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 is expected to set the USD/CNY reference rate at 7.1311 – Reuters estimate
People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate...
People’s Bank of China launches monthly reverse repo oerations to ensure liqudity
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,...
More Asia FX verbal intervention – not the yen again (South Korea)
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,...
Boeing said to be planning a US$15bn+ capital raising – as soon as Monday
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,...
Japanese ruling coalition loses majority in election; USD/JPY reacts with volatility
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,...
Asia FX verbal intervention comments – not on the yen! (South Korea)
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,...
USD/JPY hits its highest since July 31
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,...
Oil update – Brent (futures) circa $72
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’s ruling coalition lost its majority in an election – yen lower to open the week
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,...
China’s industrial profits collapse in September: -27.1% y/y (vs -17.8% y/y prior)
China's National Bureau of Statistics (NBS) slip[ped these out over the weekend:industrial profits September, -27.1% y/yprior -17.8% in Augustearnings -3.5% in the January - September periodprior +0.5% (January-August period) according to the National Bureau of...
Trade ideas thread – Monday, 28 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,...
UK & European clocks changed over the weekend
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,...
NZD traders heads up – New Zealand holiday today (Monday, October 28, 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,...
ECB’s Knot says mkt maybe a bit over-enthusiastic on Bank rate cuts, on Dec: “we’ll see”
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 Monday, October 28, 2024 – empty … but check out plunging yen!
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,...
Monday morning open levels – indicative forex prices – 28 October 2024 – YEN slammed lower
Good morning, afternoon or evening to all ForexLive traders and welcome to the start of the new FX week.As is usual for a Monday morning, market liquidity is very thin until it improves as more Asian centres come online ... prices are liable to swing around, so take...
USD/JPY is above 153 on the Japanese election result – yen plunge
USD/JPY is just above 153.00, a 70 or so point jump from its late Friday level. The Japanese election in summary:Japan’s ruling Liberal Democratic Party (LDP) and its coalition partner Komeito have, combined, lost their majorityLDP had a majority in its own right...
Israel strikes on Iran don’t look designed to minimize the chance of retaliation
Weeks of speculating about how Israel would respond to Iran's attacks had markets worried about strikes on energy infrastructure or something that would spark a broader war.Instead, the attacks look to be measured and US President Biden immediately called for a halt...
Newsquawk Week Ahead: Highlights include US NFP, ISM Mfg, PCE, GDP, BoJ & UK Budget
Sun: Japanese LDP ElectionMon: Japanese Jobs Report (Sep)Tue: German GfK (Nov), US JOLTS (Oct)Wed: UK Budget, Australian CPI (Sep), Spanish Flash CPI (Oct), US ADP (Oct), German Flash GDP (Q3) and Prelim CPI (Oct), EZ Prelim GDP (Oct), US GDP Advance (Q3), Japanese...