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 hurdles around 155 and mid-158 areas
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: USD/JPY back above 155.00
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,...
Federal Reserve speakers on Wednesday include Collins, Cook, and Jefferson
On the Fed speaker circuit for Wednesday:1500 GMT / 1100 US Eastern time - Federal Reserve Vice Chair Philip Jefferson participates in virtual moderated discussion before the "Exploring Careers in Economics" event hosted by the Federal Reserve1545/1145 Federal Reserve...
Chinese state media is reporting the PBOC is likely to cut its RRR in Q2 2024
Hardly a week goes by without some report or another in Chinese state media about an RRR or rate cut from the People's Bank of China, so treat this with a grain of salt. ---The Reserve Requirement Ratio (RRR) is a central bank regulation that sets the minimum amount...
Bank of Japan Governor Ueda will speak again later on Wednesday, during Europe time
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,...
Yen is a big loser against the USD in Asian trade today, but its not the only one
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,...
More from Ueda: Doesn’t see yen moves as having a big impact on trend inflation so far
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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PBOC sets USD/ CNY mid-point today at 7.1016 (vs. estimate at 7.2202)
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,...
Yen falls deeper in the hole. FinMin Suzuki keeps on digging: “No comment on intervention”
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,...
Goldman Sachs have downshifted their GBP forecasts
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 is expected to set the USD/CNY reference rate at 7.2202 – 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...
Bank of Japan Governor Ueda says monetary policy does not seek to control forex rates
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 finance minister Suzuki says he is watching FX movement with a sense of urgency
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,...
Oil price dip & the US is back on the bid to buy oil for Strategic Petroleum Reserve (SPR)
The U.S. Department of Energy’s (DOE) Office of Petroleum Reserves has announced:a solicitation for up to 3.3 million barrels of oil for delivery to the Strategic Petroleum Reserve (SPR) in OctoberYep, the US is back on the bid for oil to further replenish Reserve...
Former Dallas Fed President Kaplan is back! Gets the Goldman Sachs Vice Chairman gig.
Goldman Sachs has appointed Robert Kaplan, former president of the Federal Reserve Bank of Dallas, as its vice chairman. Kaplan got himself in trouble with his trading activities whilst head of the Dallas Fed, and resigned. Which was a shame. Kaplan was a lone and...
The RBA May meeting left the cash rate on hold: What’ll make the bank raise rates further
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,...
RBA response from Commonwealth Bank of Australia – Interest rate cut coming in November
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,...
RBA on hold in May – next move will be a 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,...