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 September monthly GDP -0.1% vs +0.2% m/m expected
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Forexlive Asia-pacific FX news wrap 14 Nov: Markets muddle along. AUD and NZD rebound.
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,...
FX lightly changed ahead of European morning trade
The changes among major currencies are light, with narrow ranges largely prevailing for now. The dollar is still sitting in a good spot though, after having pushed higher again in trading yesterday. The mood was helped by Fed chair Powell's comments that they're not...
Geopolitics: Isreal wishes deeper into Lebanon in widening war campaign
The WSJ is reporting.Israel is expanding its ground operations in southern Lebanon, moving troops into villages farther from the border, raising concerns of a prolonged conflict.Six Israeli soldiers were killed by Hezbollah fighters in one of the deadliest incidents...
Japan revised industrial production for September 1.6% versus 1.4% estimate
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Goldman: Forecasts BOC to cut rates by 50 basis points December (up from 25 basis points)
Goldman Sachs forecasts that the Bank of Canada is to cut interest rates by 50 basis points in its December meeting versus prior forecast of 25 basis points. Forecasts BOC will continue to cut her interest rates until reaching a terminal rate of 2.25% in June 2025...
Japan sells JPY 1.75 trillion of 5year JGBs at a average yield of 0.706% (vs 0.562% last)
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NZDUSD trades to and through lows going back to 2023 but bouncing
The price of the NZDUSD moved below a swing area of lows going back to 2023 between 0.58488 and 0.58592. That area encompassed the last five swing lows going back to November 2023 (see numbered circles on the chart above). Getting below those level was a path to lower...
China’s stats Bureau : “Domestic demand is still insufficient”, but seeing green shoots
China's Stat Bureau spokesperson:Domestic demand is still insufficientBut also noted major economic indicators recovered markedly in OctoberChina's consumer expectations improved in OctoberWill consolidate trend in economic recoveryToday China’s economic data revealed...
Japan finance minister Kato: Will take appropriate action versus excessive FX moves
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China retail sales euro year for October 4.8% versus 3.8% expected
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China October unemployment rate for 5.0% versus 5.1% 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,...
China industrial production 5.3% versus 5.6% estimate
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 economy minister : Expects modest economic recovery to continue
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China’s home prices year on year for October -5.9% (previous -5.8%)
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PBOC sets USDCNY midpoint at 7.1992 vs est 7.2482 (Previous 7.1966)
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AUDUSD trends down this week. What is needED to turn the technicals around for the pair?
After rebounding after the US election last week, and approaching the AUDUSDs 100 day MA, buyers turned to sellers and have pushed the price lower ever since. For this week, each of the days have been lower Will today make it 5 for 5? Technically, in order to turn the...
PBOC expected to set USD/CNY reference rate for today at 7.2482
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Japan’s Nikkei 225 opens up 0.55%
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