EUR/USD: The current price is at 1.04921.0375 - 2.6 billion1.0400 - 5.2 billion1.0420-25 - 1.9 billion1.0450 -60 - 2.7 billion1.0470-65 - 1.5 billion1.0500 - 7.6 billion - the price is near this level1.0520 -25 - 1.8 billion1.0535 - 1 billion1.0550 - 2.7...
Tech sector surges: A spotlight on semiconductors and consumer sentiment
Stock heatmap by FinViz.com Fri, 13 Dec 2024 14:46:13 GMT📈 Semiconductor Sector: A Remarkable SurgeToday's market spotlight shines on the semiconductor sector, demonstrating significant gains. Leading the charge is Broadcom (AVGO), skyrocketing by an impressive...
France names a new Prime Minister who will look to mend fences
Francis BayrouEarlier today, Macron named Francis Bayrou as President in a move that he hopes will allow the country to find some middle ground on a budget.“Everyone appreciates the difficulty of the task and I think also that everyone thinks there is a path to be...
USDCAD extends to a new 4+ year high. What discredits the bullish bias in the short term?
The USDCAD moved higher today, extending to a new 4+ year high of 1.4243, surpassing levels last seen in April 2020. The next key target is 1.4264, the high from April 2020. A break above this level could pave the way for further upside momentum.Why Multi-Year Highs...
China central bank surveys banks on bond buying – report
China's central bank is surveying some banks on their activities in the bond market, according to Reuters sources.It's not clear why they were looking into activities but Chinese yields have plunged recently and 10s yield just 0.258%. The PBOC has warned of bubble...
US import prices for November MoM 0.1% vs -0.2% estimate. YoY 1.3%
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Cananda October manufacturing sales +2.1% vs +1.3% expected
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Canada October wholesale sales +1.0% vs +0.5% expected
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What is moving? Technicals in play for the 3 major currency pairs to start the new day
UK GDP came in weaker than expected -0.1% for the month versus +0.1% estimate. Construction output, industrial production, manufacturing production was also weaker and the trade balance had a larger deficit. The declines sent the GBP lower but buyers came in near...
ForexLive European FX news wrap: Mixed markets in final stretch of the week
Headlines:Markets:EUR leads, JPY lags on the dayEuropean equities slightly higher; S&P 500 futures up 0.3%US 10-year yields up 2.3 bps to 4.347%Gold down 0.4% to $2,670.14WTI crude up 0.8% to $70.60Bitcoin up 0.6% to $100,395The market moves today are looking...
ECB’s Centeno: The rate cut decision yesterday was fortunately absolutely consensual
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BOJ reportedly considers skipping rate hike at next week’s policy meeting
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5 Cryptocurrencies Set to Soar Before Christmas Eve
In the fast-paced world of digital currencies, a select few are showing remarkable potential. As the holiday season nears, these five cryptocurrencies might offer extraordinary returns on a modest investment. This article explores the digital assets that could...
China November M2 money supply +7.1% vs +7.5% y/y expected
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ECB’s Makhlouf: The direction of travel on interest rates is clear
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Dollar keeps more mixed on the session so far
The greenback is sitting up against the yen and pound but holding lower against the euro so far today. This comes as stocks are looking to bounce back with US futures up 0.3% but Treasury yields are lightly changed though. So, there is definitely some mixed sentiment...
ECB’s Vasle: Declining services inflation strengthened the confidence in return to target
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,...
Bundesbank sees German economy shrinking by 0.2% this 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,...
Eurozone October industrial production 0.0% vs -0.1% m/m expected
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Nullpoint Joins Forces with Brokeree to Revolutionize Investment Systems for Brokers
Nullpoint Technologies, a renowned provider of premium CRM and IB management solutions for brokers, has announced an exciting new integration with Brokeree Solutions' flagship offerings, Social Trading and PAMM. These cutting-edge investment systems are designed to...