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
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,...
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
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 – 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
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,...
There are eight, yes 8, Federal Reserve officials speaking on Thursday
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,...
Waiting on the People’s Bank of China USD/CNY reference rate setting? None today – holiday
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 Commodity Price Index -1.3% m/m (prior 3.6%)
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 data – February building approvals -1.9% m/m (expected +3.3%)
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,...
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Wall Street Journal: “Strong Australian Services Sector Growth A Headache For RBA”
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Decoding Fedspeak: How Central Banker Comments Move Markets – Gold & US Dollar
In the world of finance, words can sometimes be as powerful as actions. Known as "Fedspeak", the speeches, statements, and even subtle remarks made by key figures within the Federal Reserve can cause significant ripples or even tidal waves across global markets....
Goldman Sachs reiterates its 2024 year-end S&P 500 price target of 5,200
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