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 Villeroy: We should be sustainably around 2% inflation target by summer
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,...
Canadian government drops planned capital gains tax hike
About 10 months ago, the Canadian government announced it was raising capital gains taxes. However the government never passed the legislation and now the government is on the brink of falling. Normally, the tax agency implements changes based on announces and assumes...
Bill Gates says prior macro-economic analogies don’t apply to AI
There is an interview with Bill Gates in Wired today and he says he 'absolutely' believes that artificial general intelligence is coming in 'the next few years'.He also has a warning for what it will mean.Anybody who analogizes this to electricity, tractors,...
OpenAI to launch new o3 model for free today as it pushes back against DeepSeek
Sam AltmanIn a competitive environment, consumers win.In response to DeepSeek, Wired reports that OpenAI is rushing out its o3-mini model and will make it free to everyone."OpenAI is preparing to launch a new model today, ahead of its originally planned schedule. The...
Fed’s Goolsbee: I have comfort we are on the path to 2% inflation
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,...
AUDUSD sellers in control. What turns that bias around? What targets are on the downside?
he AUDUSD has declined this week, weighed down by concerns over tariffs and diverging monetary policies. While the US Fed held rates steady, the RBA now has inflation within the 2%-3% target range which opens the door for potential policy easing.Technical Overview:The...
The first look at the Atlanta Fed GDPNow forecast for Q1: 2.9%
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,...
Tech sector rallies as Apple leads the charge
Stock heatmap by FinViz.com Fri, 31 Jan 2025 14:46:03 GMTSector OverviewToday's stock market heatmap paints a vibrant picture with the technology sector standing out as a key performer. Apple (AAPL) has surged by an impressive 3.77%, illuminating the consumer...
Some tariff scenarios were floated yesterday
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,...
Mexico’s Sheinbaum: If the US imposes tariffs, this puts aside the USMCA trade pact
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,...
To tariff or not to tariff, that is the question in the USDCAD
President Trump yesterday announced plans to impose a 25% tariff on Canadian and Mexican imports starting February 1, though he suggested oil imports might be exempt. This announcement caused significant volatility in USDCAD. The pair surged from around 1.4400 to a...
Shorter-term metrics show how close the Fed is to reaching its target
AI imageThere is plenty of optimism about the US economy and the stock market in 2025, especially with the potential for a big corporate tax cut but the biggest source of optimism should be from the Fed.They have plenty of dry powder with rates at 4.25-4.50% and...
Fed’s Bowman: Inflation risks remain, rate cuts expected but data-dependent
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 December PCE core +2.8% vs +2.8% expected
US Core PCE YoYCore PCE (excluding food & energy):&]:mt-2 list-disc space-y-2 pl-8" depth="0" data-v-7f05d5e4>Prior was +2.8%Core m/m +0.2% vs +0.2% expUnrounded core PCE +0.156% vs +0.1149% m/m priorPCE excluding food, energy and housing +0.2% m/m...
US Q4 employment costs 0.9% versus 0.9% estimate
Prior quarter 0.8%Employment cost index Q4 0.9% vs 0.9% estimateEmployment cost YoY 3.8% for the quarter ending December 2024 vs 3.9% for year ending September 2024Benefits 0.8% vs 0.8% last quarter. YoY rose 3.6% for 2024 vs 3.8% in 2023Wages 0.9% vs 0.8% last...
Powell teed-up the PCE report with a hint at the results
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,...
Kickstart the NA forex trading day with a technical look at the EURUSD, USDJPY and GBPUSD
In the kickstart video, I take a look at the 3 major currency pairs - the EURUSD, USDJPY and GBPUSD - from a technical perspective to start the US trading day. The USD is largely unchanged as the final day of the week begins. THe biggest mover is the USDJPY which rose...
Germany January preliminary CPI +2.3% vs +2.6% y/y expected
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 European FX news: French and German inflation data miss
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,...