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 PM Kishida to Take Appropriate Action if There are Excessive FX Moves
He also mentioned they will use any means to respond to excessive Forex moves.It's desirable for Forex to move stably reflecting the fundamentals, volatile movements are not favorable.Controlling currency is not an objective of the Bank of Japan's monetary policy.The...
French Industrial Production 0.2% vs 0.5% expected
Prior -1.1%.French Industrial Production m/m it is an economic indicator that measures the percentage change in the total output produced by French industries from one month to the next. This data provides insights into the performance of the industrial sector in...
The biggest paper trading competition on Earth. Here is the top 10. What traders can learn
Paper trading mastery: TradingView's "The Leap" and what many traders can aspire forIn a captivating display of virtual market mastery, TradingView's paper trading contest "The Leap" wrapped up with striking outcomes. From the sea of approximately 100,000 contestants,...
German Factory Orders 0.2% m/m vs 0.6% 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,...
German Import Prices -0.2% m/m vs 0.1% 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,...
Halifax HPI -1% m/m vs 0.3% expected
Prior 0.4%.UK Halifax house prices y/y 0.30%; previous 1.71%.The Halifax House Price Index (HPI) is a monthly report published by the Halifax Bank of Scotland, tracking changes in the average selling price of residential properties across the UK. It provides valuable...
ECB Likely to Start Cutting Rates Once a Quarter Starting June
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,...
Japanese Leading Indicators 111.8% vs 111.6% expected
Coincident Index: 110.9% vs 110.9% expected; prior: 112.1%Prior 109.5%.The Japanese Leading Indicators index is aimed at forecasting economic trends, but generally doesn't have a lot of impact on the market because it's calculated based on previously released...
Forexlive Asia-pacific FX news wrap 4 Apr:USDJPY moves to support & bounces ahead of jobs
Coming into the Asian Pacific session, the USDJPY was under pressure (higher JPY) from the "risk-off" flows. Concerns about increased tensions between Iran and Isreal and Israel's warning that they would retaliate if attacked, pushed stocks lower and with it the...
Friday FX Options Expiries
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 Economic Events to Watch for Today
It is going to be a busy day for the FX market with labor market data for the U.S. in focus, but the European session will also have some important data prints. First we’ll get the leading indicators for Japan, followed by the German factory orders m/m and import...
US House Speaker Johnson: Pres. Biden ultimatums should be directed to Hamas
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,...
Nikkei 225 down over 2.4% on the day
Japan's Nikkei 225 is trading down -2.42% on the day and that is on pace for its worst declining day since December 20, 2022.Declines come on the back of selling in the US stocks yesterday. After earlier gains in the day on Thursday, the S&Pm, Dow and NASDAQ...
BOJ Ueda:Impact of past rises in import costs on Japanese inflation likely to dissipate
Impact of past rises in import costs on Japanese inflation likely to dissipateScheduled end to government energy subsidies likely to also likely to affect inflation aheadGiven annual wage talks outcome so far, trend inflation likely to gradually accelerateThe USDJPY...
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EURJPY testing a swing area and rising 100-bar MA on the 4-hour chart.
EURJPY is looking to test a key targetNewThe EURJPY is following the USDJPY entry into the lower in trading today continuing the decline started in the late US session.Looking at the 4-hour chart above, the price is now within a swing area that was a highlight going...
BOJ Ueda: Important for FX rates to move stably reflecting fundamentals
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,...
S&P 500 weekly RSI at 79.5: Caution for investors & traders
Fellow stock market investors & traders: Watch the high weekly RSIToday, let's delve into a valuable tool for navigating the S&P 500 Emini futures market: the Relative Strength Index (RSI). The chart you see here displays the RSI for the S&P 500 e-mini...
Japan’s Chief Cabinet Hayashi: Expects BOJ to conduct appropriate monetary policy
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,...