UPCOMING EVENTS:Monday: PBoC MLF, German IFO.Tuesday: US Consumer Confidence, FOMC Minutes.Wednesday: Australia Monthly CPI, RBNZ Policy Decision, US Q3 GDP 2nd Estimate, US PCE, US Durable Goods, US Jobless Claims.Thursday: German CPI. (US Holiday)Friday: Tokyo CPI,...
ECB Villeroy says falling inflation allows the Bank to lower interest rates
Villeroy heads up the Bank of France. He spoke with Ouest-France newspaper, commenting on wages and CPI:“Prices are increasing less quickly than wages on average — this also allows us to lower interest rates”Villeroy stressed that the ECB reaches its interest rate...
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Fed: U.S. government fiscal sustainability tops the list of financial system risks
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: U.S. government fiscal sustainability tops the list of financial system risks
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: U.S. government fiscal sustainability tops the list of financial system risks
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,...
Forexlive Americas FX news wrap 22 Nov: US PMI data better than Europe. USD moves higher.
Markets:Gold up $37.21 or 1.4% $2706.61US 10-year yield 4.414%, -1 point basis pointsUS 2-year yield 4.377%, +220 basis pointsWTI crude oil up $1.08 or 1.53% $71.19 S&P 500 rose . For the week the index rose 1.52%NASDAQ rose . For the week the index rose...
Major indices close higher for the trading week by the Russell 2000
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,...
USDCHF buyers take the price higher this week after basing at the 50% midpoint at 0.87989
The USD/CHF pair, after trading within a range of 0.8400 to 0.8550 through late August and October, transitioned from consolidation into a trending phase. This shift began as prices broke through key levels in a step-by-step manner, marking the transition from...
Baker Hughes oil rigs up 1 Gas rigs down -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,...
European shares close higher despite weak data today
The major European indices are closing the day higher despite what was weak flash European PMI data for both manufacturing and service.The final numbers are showing: German DAX +0.89%France's CAC +0.58%UK's FTSE 100 +1.38%Spain's Ibex +0.39%Italy's FTSE MIB +0.60%For...
European shares close higher despite weak data today
The major European indices are closing the day higher despite what was weak flash European PMI data for both manufacturing and service.The final numbers are showing: German DAX +0.89%France's CAC +0.58%UK's FTSE 100 +1.38%Spain's Ibex +0.39%Italy's FTSE MIB +0.60%For...
Attack the currency trend: The EURUSD has been stepping lower with more selling today
The EUR/USD pair continued its downward trend today, extending a week-long selloff as bearish momentum carried the price through key technical levels. Weak European flash PMI data and concerns from ECB officials over growth and inflation pressured the euro, while...
USDJPY stalls the fall today and yesterday at the 100 bar MA on the 4-hour chart
The USD/JPY pair moved lower in the early Asian session but found support once again near the rising 100-bar moving average on the 4-hour chart, currently at 153.944. This level, which also held yesterday and prompted a bounce, remains a key technical support. Staying...
USDJPY stalls the fall today and yesterday at the 100 bar MA on the 4-hour chart
The USD/JPY pair moved lower in the early Asian session but found support once again near the rising 100-bar moving average on the 4-hour chart, currently at 153.944. This level, which also held yesterday and prompted a bounce, remains a key technical support. Staying...
What is the latest tilt for US Treasury Secretary?
The fight for US Treasury Secretary is thought to be coming to a conclusion with Kevin Warsh and Scott Bessent the betting favorite on Polymarket. However, Fox's Gasparino has tweeted that Marc Rowan made a strong pitch for the post to Pres. Trump.Needless to say, the...
What is the latest tilt for US Treasury Secretary?
The fight for US Treasury Secretary is thought to be coming to a conclusion with Kevin Warsh and Scott Bessent the betting favorite on Polymarket. However, Fox's Gasparino has tweeted that Marc Rowan made a strong pitch for the post to Pres. Trump.Needless to say, the...
University of Michigan consumer sentiment final for November 71.8 versus 73.7 estimate
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,...
Tech giants stumble: Communication services slump amid mixed market signals
Stock heatmap by FinViz.com Fri, 22 Nov 2024 14:46:08 GMTSector OverviewThe stock market is showcasing a mixed bag of performances today, characterized by a notable decline in communication services, while some tech giants experience pressure. Simultaneously,...
S&P global manufacturing PMI 48.8 versus 48.8 estimate. Services 57.0 versus 55.2 estimate
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,...