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,...
AUD/USD continues to flirt with key support level since last week
AUD/USD daily chartThe pair is down 0.4% today and erasing the advance from yesterday, moving back to test the August low of 0.6347. We've been here before with the low last week touching 0.6336 but ultimately, the daily and weekly close held. Will it be the same this...
China reportedly to target economic growth of around 5% in 2025
This comes after the meeting among top Chinese officials last week, via its central economic work conference. The economic target will be the same as this year, which China is largely expected to hit after Xi boasted about it earlier this month.Meanwhile, China is...
USD/JPY eyes seven straight days of gains before the Fed tomorrow
USD/JPY daily chartThe pair has been quietly making waves since last week, as it continues the upside run upon breaking is 200-day moving average (blue line). The rally from 150.00 to just above 154.00 now also owes much to a surging rise in Treasury yields. 10-year...
EUR/USD stays pinned down by key near-term levels for now
EUR/USD hourly chartThere's not much appetite for traders to stray away from the prevailing price action to be honest. The euro remains on the softer side as the ECB reaffirms more rate cuts to follow next year. That sees traders pricing in ~89% odds of a rate cut for...
ForexLive Asia-Pacific FX news wrap: Trump trolls Trudeau
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 option expiries for 17 December 10am New York cut
There is just one to take note of on the day, as highlighted in bold.That being for EUR/USD at the 1.0525 level. It coincides with the 200-hour moving average currently, also seen at 1.0525. And that has been a key near-term level in terms of limiting price movement...
China must give firm, forceful response to the US ‘blatant interference’ in Taiwan
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,...
Key measure of CEO confidence in China signals pessimism for the first time since pandemic
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,...
Pressure on Canada PM Trudeau to resign intensifies after caucus meeting
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,...
New Zealand is assessing if Vanuatu earthquake tsunami could affect New Zealand
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’s capital markets experienced a record net outflow of US$45.7 billion in November
China's capital markets experienced a record net outflow of $45.7 billion in NovemberThe data tracking cross-border investments in stocks and bonds was released by China's foreign exchange regulator (State Administration of Foreign Exchange (SAFE), which is overseen...
7.4 magnitude earthquake Vanuatu
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,...
European Central Bank speakers Tuesday include Rehn, Buch and Elderson
Times below are in GMT/US Eastern time format.0900/0400 Finland's central bank and its chief, ECB policy maker Olli Rehn hold a press conference about monetary policy outlook and Finland's economic forecastout of this list Rehn is most likely to have comments of note...
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PBOC sets USD/ CNY central rate at 7.1891 (vs. estimate at 7.2842)
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 economy minister Akazawa reiterates BoJ will conduct monetary policy appropriately
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,...
Singapore Non-oil Domestic Exports (NODX) November 2024: +14.7% m/m vs. +8.0% expected
Singapore's non-oil domestic exports (NODX)+14.7% m/m in November 2024expected +8.0%, prior -7.5%+3.4% y/yexpected -1.7%, prior -4.7%Recent Performance: September 2024: NODX increased by 2.7% year-on-year, supported by growth in both electronic and non-electronic...
New Zealand to issue more debt in 2024/25
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,...
ICYMI – Federal Reserve ready to slow rate cuts, or even stop, after this week
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,...