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,...
Kremlin says Russia-NATO relations have slid to level of direct confrontation
The Kremlin has been on the wires with some punchy rhetoric this morning.Relations with NATO has slid to level of direct confrontationNATO continues to move towards our bordersThis follows on from earlier comments in the session where Russia's foreign minister said...
ECB meeting minutes due at 11:30 GMT
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 S&P global final services PMI 53.1 vs 53.4 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,...
Market Psychology in Bitcoin Trading: Understanding Emotions and Trends
What does a Bitcoin trader need to achieve astronomical success? The right equipment, adequate knowledge, and strategies can only take you far—you need much more. If you’re a trader, you can’t reach the pinnacle without mastering the art of navigating this highly...
Eurozone final services PMI 51.5 vs 51.1 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,...
German final services PMI 50.1 vs 49.8 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,...
French final services PMI 48.3 vs 47.8 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,...
Sentiment is mixed across major asset classes at the start of the session
Sentiment is mixed across major asset classes at the start of the session:US equity futures saw a pop higher yesterday with the move lower in yields and are still trading positive but very marginal flows so far. EMEA futures are trading lower.Commodities:After...
Swiss CPI YY 1.0% vs 1.3% expected
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The AUD & NZD is the strongest while the CHF and USD is the weakest
As the session gets started we can see clear outperformance from the AUD (blue) and NZD (purple). Both taking full advantage of the pop higher in commodities, especially the strong gains we saw in Copper.The three safe-haven currencies (USD, JPY & CHF) are the...
Japanese former FX diplomat says intervention unlikely unless USDJPY rises above 155
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,...
Light economic data calendar for today
It's a fairly light economic calendar for today.The main economic data highlights will be the Swiss CPI coming up at 06:30 GMT, wrote about it here.We also have US Jobless Claims later in the session, but I doubt whether that will get a lot of traction with NFP coming...
Heads up for Swiss CPI coming up at 06:30 GMT
We have Swiss CPI for march due at 06:30 GMTSwiss CPI expectationsMarkets are looking for a MM print of 0.3% (prior 0.6%) and for a YY print of 1.3% (prior 1.2%).Despite the surprise cut by the SNB at their previous meeting, I think there is two-way risks for the CHF...
ForexLive Asia-Pacific FX news wrap: Gold above US$2,300
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ICYMI – US has put on hold plan to refill emergency oil reserve amid high prices
The Biden administration had announced a further 3 mn barrel purchase plan last month. That's been cancelled for now.The Strategic Petroleum Reserve (SPR) currently contains 363 million barrels of oil, down 43% from January 2021. Supplies from the SPR hit the market...
ICYMI: Bank of America expect Brent & WTI crude prices to both peak around $95 in summer
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There are eight, yes 8, Federal Reserve officials speaking on Thursday
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Waiting on the People’s Bank of China USD/CNY reference rate setting? None today – holiday
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New Zealand Commodity Price Index -1.3% m/m (prior 3.6%)
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