Fed's WallerFed Governor Chris Waller scheduled for an 11:30 a.m. ET appearance on CNBC. It will be the first set of Fed comments since the decision as the blackout lifts. He could start to frame how the FOMC will think about the November meeting.At the moment, the...
EURUSD watch 1.1184. USDJPY higher after BOJ.GBPUSD moves to highest high since March 2022
In the kickstart video for September 20, 2024, I take a look at three the major currency pairs - the EURUSD, USDJPY and GBPUSD - from a technical perspective.The EURUSD has traded up and down today but stayed below the 1.1184 – 1.11897 area. The 1.1184 level was...
[24년 NEW 자동 부업] 10분만 ‘이렇게’ 해보세요! 매달 자동으로 돈이 들어옵니다 (막히기 전에 이건 꼭 하세요! 집에서 무료로 새 자동 부수입 만들기)
https://www.youtube.com/watch?v=UMEYKeq9OpQ 재택 부업을 비롯해, 그동안 다양한 돈버는 직장인 부업과 투잡을 소개해드렸는데요, 오늘은 집에서 매달 자동 수익을 벌 수 있는 부수입 파이프라인을 만드는 새로운 방법을 소개하려고 합니다 집에서도 실행 가능하고, 학력 경력 무관 한데다, 직장인, 주부, 자영업자, 학생 등 누구나 쉽게 도전해볼 수 있는 부업인데요, 0원으로 시작할 수 있고, 영상에 나온 가이드를 한 번만 따라해 보면, 간단하게 원리를...
Canadian dollar climbs on retail sales surprise. What’s next
The Canadian dollar is in an interesting spot at the moment. Domestically, real estate markets are clearly hurting and it's going to take at least 200 bps of rate cuts to fix it. But that's coming. The government is also extremely unpopular but a change is coming...
Canada industrial product prices for August -0.8% versus -0.3% expected
Prior IPPI MoM 0.0%Prior raw material price (RMPI) MoM 0.7%IPPI YoY 0.2% vs 2.9% last month revised to 2.8%RMPI MoM -3.1% vs -2.0% estimateRMPI YoY -2.5% vs 4.1% last monthMuch lower than expectations. For the IPPI Lower prices for energy and petroleum products were...
Canada July retail sales +0.9% vs +0.6% expected
Prelim was +0.6%August preliminary +0.5%Ex-autos +0.4% vs +0.3% expectedPrior ex-autos +0.3%Sales were up in seven of nine subsectorsEx-autos and gas +0.6%These numbers are a surprise, especially the August preliminary data, which runs opposite to what RBC cardholder...
BOC’s Macklem: Adoption of AI could add to inflationary pressures in short-term
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,...
Big day for Canada on the data docket
I saw this nostalgic photo of the IBM office in Toronto in 1963 yesterday and it's a good one to share ahead of today's economic calendar, which is heavy on Canada.Canadian retail sales and PPI are due at the bottom of the in what's an otherwise-quiet day on the data...
ForexLive European FX news wrap: Japanese yen falls on Ueda presser
Headlines:Markets:GBP leads, JPY lags on the dayEuropean equities lower; S&P 500 futures down 0.3%US 10-year yields down 0.4 bps to 3.735%Gold up 1.0% to $2,614.02WTI crude down 0.3% to $71.72Bitcoin up 0.6% to $63,410The BOJ rounded off the central bank bonanza...
USDCAD Technical Analysis – Waiting for a breakout of the range
Fundamental OverviewOn Wednesday, the Fed finally started its easing cycle and decided to do it with a 50 bps cut. The market was already leaning towards a 50 bps move, so it wasn’t a surprise. The larger cut was framed as kind of an “insurance” cut with the dot plot...
USD/JPY remains the standout mover so far today
The dollar fell in trading yesterday but there's no extension to that so far today. Besides USD/JPY, other dollar pairs remain relatively muted after some light extension to the ranges earlier. Here's a snapshot of things currently:GBP/USD did nudge up to a high of...
GBPUSD Technical Analysis – New highs post Fed and BoE decisions
Fundamental OverviewOn Wednesday, the Fed finally started its easing cycle and decided to do it with a 50 bps cut. The market was already leaning towards a 50 bps move, so it wasn’t a surprise. The larger cut was framed as kind of an “insurance” cut with the dot plot...
EURUSD Technical Analysis – Choppy price action as the market awaits more data
Fundamental OverviewOn Wednesday, the Fed finally started its easing cycle and decided to do it with a 50 bps cut. The market was already leaning towards a 50 bps move, so it wasn’t a surprise. The larger cut was framed as kind of an “insurance” cut with the dot plot...
Crude Oil Technical Analysis – Testing a key resistance
Fundamental OverviewCrude oil continues to remain supported as the buyers might be looking forward to the consequences of the Fed’s easing cycle on economic activity. As a reminder, the positioning in crude oil is at record lows and the sentiment is very bearish....
BOE’s Mann: Policy needs to stay restrictive to purge inflationary behaviours
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,...
Gold Technical Analysis – The fall in real yields drives the price higher
Fundamental OverviewThe Fed this week finally started its easing cycle and decided to do it with a 50 bps cut. The market was already leaning towards a 50 bps move, so it wasn’t a surprise. The larger cut was framed as kind of an “insurance” cut with the dot plot...
BOJ governor Ueda: Easy monetary conditions are in place as real rates remain negative
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,...
BOJ governor Ueda: Will carefully communicate thinking behind policy decision with markets
Aware of criticism on communication being insufficient, with regards to post-July meeting market routWould be good to have communicate more frequently on our view on price outlookMarket rout in early August was temporaryThe impact on consumption and financial system...
European equities kick start the day on a slightly softer note
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,...
Gold tops $2,600 as the bulls seek out the next leg higher
Gold (XAU/USD) daily chartUp, up and away for gold? The bulls are certainly looking poised and are angling for the next leg higher now as we approach European trading. Price is running above the $2,600 mark to fresh all-time highs as the post-Fed musings continue to...