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,...
German Unemployment Rate 6.0% vs 6.0% 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,...
Crude Oil Technical Analysis – Supply side factors drive the price action
Fundamental OverviewCrude oil has been on a seesaw this week as we got a rally on Monday on the news that Libya was going to close down all oil fields and halt production and exports. That spike eventually got faded and prices even fell below the level seen before the...
ECB Rehn says falling growth and inflation makes case for a Sep 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,...
What are money markets expecting from September’s central bank decisions
Fed: 100% probability of a cutECB: 100% probability of a cutBoC: 100% probability of a cutSNB: 100% probability of a cutBoE: 77% probability of a hold (23% probability of a cut)RBA: 94% probability of a hold (6% probability of a cut)BoJ: 96% probability of a hold (4%...
USDJPY Technical Analysis – The market is waiting for the key data next week
Fundamental OverviewAfter the strong push lower from last Friday when Fed Chair Powell delivered a more dovish than expected speech at the Jackson Hole Symposium, the USDJPY pair hasn’t moved much as the lack of catalysts this week kept the price action at bay.The...
ECB’s Schnabel urges caution and emphasizes data-driven policy
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,...
Swiss KOF indicator 101.6 vs 100.6 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,...
French producer prices YY -5.4% vs -6.0% 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,...
French GDP QQ final 0.2% vs 0.3% 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,...
French prelim HICP YY 2.2% vs 2.1% 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,...
Deepening downturn expected in China’s property market for 2024-2025
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 nationwide house prices YY 2.4% vs 2.9% 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,...
German import prices MM -0.4% vs 0.0% 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,...
Japan housing starts YY -0.2% vs -0.1% 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,...
Japan construction orders YY 62.8% vs -19.7% 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,...
BofA looking for EUR outflows and USD inflows
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 Asia-pacific FX news wrap 29 Aug: Quiet market, but the NZD is the strongest
The GBPUSD, USDJPY, and USDCHF opened the new day - and final -day of the week - between the 100 hour MAs and the 200 hour MAs and stayed within those boundaries for the fisrt 7 or so hours of the new trading day. Technically, that is about as neutral as you can get....
Mostly messy day for sentiment so far
Sentiment is a bit mixed across markets this morning.FX: In FX we have the JPY (safe haven) leading the pack after a better-than-expected Tokyo CPI number, with the AUD and NZD (high betas) second and third strongest. The EUR is leading the pack on the downside, most...
What do we have coming up for the calendar today
Another busy day on the calendar today:EU session:For the European session the market will be keeping a close eye on the French inflation data after the downside surprise we saw in both the Spanish and German inflation data yesterday. The EUR got a nudge lower on the...