Big Time Studios, a Web3 gaming trailblazer and creator of the Open Loot platform and hit game Big Time, which has already processed a half billion dollars in total transaction volume, is making waves again. Active users of the Open Loot platform will soon be able to...
Eurozone September current account balance €37.0 billion vs €31.5 billion prior
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,...
Bond yields push lower in European morning trade
There's a headline floating that Kremlin is threatening a nuclear response amid Ukraine's use of Western missiles against Russia. And that is perhaps one reason for the more negative risk push in the last ten minutes or so. However, it is perhaps a timely trigger to...
What it Means for Crypto After Trump Won the Election
Now that everyone is certain of Donald Trump's return to office, you may be wondering how the new government will impact the financial markets. Understanding these political dynamics is essential for cryptocurrency or forex traders. Being well-informed can help you...
Gold Technical Analysis – The short term bias switched back to bullish
Fundamental OverviewLast week, despite the higher-than-expected inflation figures and a less dovish Powell, the market’s pricing remained largely unchanged at three rate cuts by the end of 2025.This might be a signal that the market is now fine with the current...
Goldman Sachs cuts forecast for European stock indices over the next 12 months
On the Stoxx 600 index, they now forecast it at 530 over the next 12 months and that is down from 540 previously. As for the UK FTSE, they see it at 8,500 and that is down from their previous forecast of 8,800.With rising risks of trade protectionism, that is posing a...
European indices mostly little changed to start the day
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,...
Switzerland October trade balance CHF 8.06 billion vs CHF 4.95 billion
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 widely expected to keep benchmark lending rates unchanged this week
Reuters' latest survey of 28 market watchers sees all respondents expecting both the 1-year and 5-year LPRs to remain unchanged at 3.10% and 3.60% respectively. A trader at a Chinese bank commented that:"LPRs were lowered so sharply in October, so it is unlikely to...
EUR/USD downside stalls as dollar rally pauses for breath
And that comes after a key test of the 1.0500 mark last week, with the importance of the level underlined here. The bounce this week sees the pair nudge up closer to 1.0600 but is also pausing a little since overnight trading. That coincides with the 23.6 Fib...
Goldman Sachs sees S&P 500 hitting 6,500 by the end of next year
Goldman Sachs says that they see the 'Magnificent 7' carrying the benchmark index mostly, with the bunch set to outperform as compared to the other index constituents. That being said, they do expect the 'Magnificent 7' to only outperform by about 7% - the slimmest...
A light one on the data docket in Europe once again
The dollar is lightly changed but sitting a little more mixed as we look towards European morning trade today. USD/JPY is once again the notable mover as it slides back down towards the 154.00 level in Asia. The pair is holding lower as Treasury yields are also seen...
USD/JPY remains very much connected to the yields story for now
The pair is down again today by 0.3% to 154.18 currently, after having pushed just above 155.00 early yesterday. It's been a push and pull start to the week but that largely owes to the moves in the bond market. 10-year Treasury yields nudged up to around 4.47% early...
ForexLive Asia-Pacific FX news wrap: USD/JPY drops to 154.00
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 England Governor Bailey, other officials, appear in parliament committtee Tuesday
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 19 November 10am New York cut
There is just one to take note of on the day, as highlighted in bold.That being for EUR/USD at the 1.0600 level. It isn't one that holds much technical significance and with the dollar retracing back some of its moves from last week, the expiries may not offer too...
SEK traders heads up – Riksbank First Deputy Governor Anna Breman speaks Tuesday
Coming up at 0715 GMT / 0215 US Eastern time:Riksbank First Deputy Governor Anna Breman speaks about current monetary policy and the economy---Sveriges Riksbank is the central bank of Sweden, and it operates independently from the European Central Bank (ECB). Sweden...
Federal Reserve Bank of Kansas City President Jeffrey Schmid speaking Tuesday
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,...
“BOJ to bid farewell to stimulus era, justify rate hikes in policy review”
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,...
MUFG says Japan rate increases will accelerate, due to more inflation pressure
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,...