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 Governor Andrew Bailey is making an appearance on Tuesday
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,...
A mixed bag in Australian business survey – confidence a touch better, conditions worse
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,...
RBNZ meet tomorrow: Shadow Board recommends keeping the Official Cash Rate (OCR) at 5.5%
The Reserve Bank of New Zealand is widely expected to keep its cash rate unchanged at the meeting on Wednesday, 10 April 2024. Statement is due at 2pm New Zealand time (0300 GMT, 2200 US Eastern time)The New Zealand Institute of Economic Research (NZIER) runs a...
PBOC sets USD/ CNY central rate at 7.0956 (vs. estimate at 7.2248)
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 is inching back up towards 152.00
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,...
Australian Monthly Consumer Confidence -2.4% m/m (prior -1.8%)
April's Westpac monthly measure of consumer sentiment in Australia comes in at 82.4prior 84.4WPAC comment:below 100 for more than two years“Outside of the deep recession of the early 1990s, this is easily the second most protracted period of deep consumer pessimism...
PBOC is expected to set the USD/CNY reference rate at 7.2248 – 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...
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Japan finance minister Suzuki says excess FX volatility is 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,...
Fed’s Kashkari says can’t stop short on inflation fight, its around 3%, need to get to 2%
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 Price Outlook: Drivers Behind Market Boom, Reversal or New Record Ahead?
Most Read: US Dollar on Defense Before Key US CPI Data – Setups on EUR/USD & USD/JPYGold has soared and hit one record after another this year, with the bulk of the bullish move taking place over the course of the past two months. During this upswing, the typical...
UK retail sales spending has jumped to its highest since August 2023
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,...
IMF warn on opaque Private Credit Market – could heighten financial vulnerabilities
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,...
RBC have 3 reasons to stay long energy (stocks)
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 Q1 Business confidence collapses to -25 (prior -2)
New Zealand Quarterly Survey of Business Opinion (QSBO) from the New Zealand Institute of Economic Research (NZIER) Business confidence -25%, prior -2%Capacity utilization 90.2%, prior 91.4%Comments from NZIER (in brief, bolding mine):post-election bounce in business...
The ‘Martian alien’ test of US 10 year yields points to the the Fed not done hiking yet
ING say that the US 10 year Treasury has "not been trading in a manner consistent with prior peaks" in US interest rates.Says extrapolating leads to the risk of a 5% yield: 10-year yield has remained elevated, which is not what would be expected if the Fed was...
“Is gold any good as a currency?”
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Forexlive Americas FX news wrap 8 Apr.Yields move higher but USD shifts down marginally.
The economic calendar and speakers calendar in the US session was light. The NY Fed inflation expectations saw the 1 year measure unchanged at 3.0%, but the 3 year expectations rose to 2.9% to 2.7%. The news didn't really impact forex, but the US rates remained...
Morgan Stanley point to indications of a “no landing outcome” of the US economy
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,...