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,...
More from ECB’s Cipollone – spoke on Wednesday – video interview
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,...
Oil – private survey of inventory shows a larger headline crude oil build than 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,...
Economic calendar in Asia 20 February 2025 – PBoC rate setting day, Australian jobs report
You'll note that the People's Bank of China Loan Prime Rate (LPR) setting is due today. Its not as relevant as it once was.I've posted on this before, but ICYMI. ps. The TL;DR on this (below) is that in June 2024 the PBoC designated the 7-day reverse repurchase (repo)...
Trade ideas thread – Thursday, 20 February, insightful charts, technical analysis, ideas
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,...
Major stock indices close higher. S&P at record levels
Major stock indices are closing higher with the S&P index closing at another record level. Shares of Palantir did not fare as well as it tumbled -10.08% after present from said that the Pentagon should look to cut spending by 8%. With the price at the highs today...
Forexlive Americas FX news wrap: Trump calls Zelensky a dictator
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,...
Palantir trades down close to 15% on defense spending cuts
The price of Palantir is trading down $-15 or -12% at $109.48 after Pres. Trump ordered the Pentagon to cut budget by 8%. The price of Palantir reached a new all-time high of $125.41 in trading today before rotating to the downside.You can argue that the software that...
Fed’s Bostic: Did not expect inflation to go in a straight line
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 and NASDAQ index trade to new session highs
The S&P and NASDAQ indices are positive on the day and trading near session highs. S&P index is up 14.15 points or 0.23% at 6143.79. Yesterday index closed at a record high. Anything positive today would be a another record high NASDAQ index is up 40 points or...
Trump admin orders Pentago to prepare for 8% budget cuts – report
It's not often that you see the United States cutting military spending. I don't think too many people had that as a baseline scenario to pay for corporate tax cuts, but it would go a long way. Trump certainly didn't campaign on it but he may be trying to keep the...
USDCAD ping pongs between hourly MAs. Buyers and sellers battle.
USDCAD technicalsUSDCAD fell earlier in the session, testing the 100-hour moving average (1.4195), a key short-term pivot. As noted earlier, holding above this level would indicate continued bullish momentum, while a break below would shift control back to sellers....
RBNZ Governor Orr: We are in an environment of low and stable inflation
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,...
FOMC Minutes: The vast majority of participants judged risks to mandate roughly balanced
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,...
FOMC Minutes are due at the top of the hour
AI imageThe Federal Reserve is in a wait-and-see mode as they watch economic data and Capitol Hill. That was the clear message from the January 29 FOMC statement, Powell's press conference and subsequent comments from other Fed officials.The language they've used is...
Mexico lowers its 2025 GDP forecast to 0.6% from 1.2%
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,...
The US treasury auctions of $16 billion of 20 year bonds and a high yield of 4.830%
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 US treasury to auction off $16 billion at 20 year bonds at the top of the hour
The US treasury will auction off $16 billion of 20-year bonds at the top of the hour. The auction results will be compared to the six-month averages to gauge the relative success or failure of the auction. Generally speaking, the 20 year is not a favorite for buyers....
Atlanta Fed GDPNow growth estimate for Q1 comes in at 2.3% unchanged
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,...
EURUSD sellers push the pair to the support target at 1.0405 level. Key target for traders
In my kickstart video, I highlighted the 1.0432 - 1.0441 zone as key topside resistance that buyers needed to break through to gain control. This area was defined by previous resistance and support levels dating back to early February. A sustained move above this zone...