There is more than one Fed put.Early this month, I wrote about the one that saved equity markets. It's also one that backs the real economy and is the one that 99% of financial commentary is written about, particularly lately.What worries me is the other one: It's the...
Bangkok Awaits! iFX EXPO Asia Only Weeks Away
The final countdown to iFX EXPO Asia 2024 is officially in full swing as one of the world’s leading B2B online trading and fintech events is just around the corner, ahead of its return to Thailand. Excitement is already building as the expo, now in its third year in...
Forexlive European FX news wrap 28 Aug – An uneventful session
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 Trade Ministry eyes 2.3596 trillion yen for FY2025/26 budget
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 MBA mortgage applications w.e. 23 August 0.5% vs -10.1% prior
US MBA mortgage applications: 0.5% vs -10.1% priorUS MBA mortgage market index: 226.9 vs 225.8 priorUS MBA purchase index: 131.8 vs 130.6 priorUS MBA refinancing index: 753.8 vs 754.4 priorUS MBA 30-year mortgage rate: 6.44% vs 6.50% priorUS mortgage applicationsUS...
Wang Yi urges US to treat China as equal and halt suppression in trade and tech
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,...
NZDUSD Technical Analysis – The market’s focus has been on the dovish Fed
Fundamental OverviewSince last Friday, the USD has been mostly weak as Fed Chair Powell delivered a more dovish than expected speech at the Jackson Hole Symposium where he basically kept the door open for a 50 bps cut at the September meeting. In fact, the line saying...
JP Morgan joins other banks looking for more USD downside
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,...
WTI gives up all the Libya gains and trades below $75
Catalysts have been very thin on the commodity side this morning, but WTI has given up all of it's Libya inspired gains from Monday.We're currently trading back below the $75 and getting close to the 1-standard deviation implied volatility low for the day.When...
GBPUSD Technical Analysis – The Pound continues to benefit from USD weakness
Fundamental OverviewSince last Friday, the USD has been mostly weak as Fed Chair Powell delivered a more dovish than expected speech at the Jackson Hole Symposium where he basically kept the door open for a 50 bps cut at the September meeting. In fact, the line saying...
Knowing election results in advance doesn’t give an investing edge
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,...
Israeli US Egyptian Qatari negotiators meet in Doha for Gaza ceasefire talks
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 investor sentiment -3.4 vs 9.4 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,...
Eurozone Money M3 annual growth 2.3 vs 2.7% 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,...
AUDUSD Technical Analysis – We are back at the 2024 high
Fundamental OverviewSince last Friday, the USD has been mostly weak as Fed Chair Powell delivered a more dovish than expected speech at the Jackson Hole Symposium where he basically kept the door open for a 50 bps cut at the September meeting. In fact, the line saying...
What to expect from Nvidia’s report?
The week is just getting started, but it’s already packed with major events, like the recent escalation in the Middle East after Israel attacked southern Lebanon, keeping markets on edge.While geopolitical events often shake up commodity markets, affecting oil and...
Citi predicts zinc to reach $3100/t by 4Q with aluminium also set for gains
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,...
EURUSD Technical Analysis – The USD continues to suffer from the dovish Fed
Fundamental OverviewSince last Friday, the USD has been mostly weak as Fed Chair Powell delivered a more dovish than expected speech at the Jackson Hole Symposium where he basically kept the door open for a 50 bps cut at the September meeting. In fact, the line saying...
Libya’s Sarir oil field nears shutdown as production is halted
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 consumer confidence 92 vs 92 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,...