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,...
It is shaping up to be another one of those days
Besides some of the typical yen volatility as of late, major currencies are in a pretty dull mood today. The ranges for dollar pairs speak for themselves as seen below. And with US stocks also feeling rather muted over the last few sessions, it isn't helping to...
China property developer Country Garden says it will delay bond payment
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BOJ Summary recap – “BOJ board turned hawkish in April”
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China April Trade data: Exports +1.5% y/y (+1.0% expected) Imports +8.4% y/y (exp +5.4%)
Trade balance data from China for April 2024 April dollar-denominated exports +1.5 % y/y (in yuan terms +5.1% y/y)Reuters poll showed +1.5% expectedprior -7.5% April dollar-denominated imports +8.4 % y/y (in yuan terms +12.2%)Reuters poll +4.8 %prior -1.9%April USD...
ForexLive Asia-Pacific FX news wrap: USD/JPY swings on comments from Japanese officials
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More Bank of Japan Governor Ueda: Sharp, one-sided yen fall undesirable, bad for economy
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Bank of England Governor Bailey and Chief Economist Pill speak Thursday
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Federal Reserve Bank of San Francisco President Mary Daly speaks Thursday
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 Japan Governor Ueda says need to monitor FX
Bank of Japan Governor Ueda is speaking from parliament again today, answering questions:Low real rate supports economy and inflationNeed to monitor FX and oil for real wagesThere is no clear evidence that Japan's natural rate of interest continued to fall from five...
Japan finance minister Suzuki: Rapid FX moves undesirable
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,...
PBOC sets USD/ CNY reference rate for today at 7.1028 (vs. estimate at 7.2238)
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,...
USD/JPY pops to a fresh session high
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,...
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ICMYI – Fed’s Collins warns of prolonged path to inflation target
Boston Fed President Susan Collins spoke on Wednesday, saying that its likely to take longer than expected to get inflation back down to the Fed's 2% target level:More from Fed's Collins: Very strong jobs market has bolstered consumer spendingFeds Collins: Expects...
PBOC is expected to set the USD/CNY reference rate at 7.2238 – Reuters estimate
People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate...
More ‘no comment’ comments out of Japan on intevention
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Bank of Japan Summary – Easy monetary conditions are expected to continue
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 data – Real wages down 2.5% y/y in March, down for 24 consecutive months
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 previews – what to focus on
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,...