Fundamental OverviewThe US Dollar continues to consolidate despite the higher-than-expected inflation figures and a less dovish Powell last week. The market’s pricing remained largely unchanged at three rate cuts by the end of 2025.This might be a signal that the...
Take on the Prop Trading Challenge with Ultimate Traders
Proprietary (prop) trading as a concept has experienced a huge surge in popularity over recent years, developing into an established way of trading for many across the world, while ushering in a new era in terms of how trades are conducted.For the many companies now...
Dollar holds firmer in European morning trade
After a bit of a pause in the last few days, the dollar is starting to flex its muscles once again. The greenback is sitting atop the major currencies bloc, now extending gains across the board on the day. USD/JPY already traded a little higher earlier but now other...
AUDUSD Technical Analysis – The market is waiting for further catalysts
Fundamental OverviewThe US Dollar continues to consolidate despite the higher-than-expected inflation figures and a less dovish Powell last week. The market’s pricing remained largely unchanged at three rate cuts by the end of 2025.This might be a signal that the...
ECB’s de Guindos: Current low growth environment has more to do with structural 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,...
Economists see Trump tariffs to cut China GDP by around 0.5% to 0.9% next year
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,...
ECB sounds warning on “bubble” in AI stocks in latest financial stability review
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,...
USDJPY Technical Analysis – The JPY remains the weakest among the majors
Fundamental OverviewThe US Dollar continues to consolidate despite the higher-than-expected inflation figures and a less dovish Powell last week. The market’s pricing remained largely unchanged at three rate cuts by the end of 2025.This might be a signal that the...
USD/JPY runs back the other way, buyers back in near-term control
The pair is now back up to around 155.50 on the day, higher by 0.5%. It comes as the push and pull continues, after the fall yesterday was arguably stirred by geopolitical headlines triggering some risk aversion in broader markets. Treasury yields were pulled lower...
UK October CPI +2.3% vs +2.2% y/y expected
Prior +1.7%Core CPI +3.3% vs +3.1% y/y expectedPrior +3.2%On the month itself, consumer prices were seen up 0.6% and core prices were seen up 0.4%. Both were seen just above estimates of 0.5% and 0.3% respectively. But the emphasis remains on core annual inflation,...
Germany October PPI +0.2% vs +0.2% m/m 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,...
Xi calls on Scholz to reconcile issue of EU tariffs on Chinese EVs
It is said that the two discussed the matter on the sidelines of the G20 summit, with Xi stating that China is ready to "consolidate" a strategic partnership with Germany. That before raising the matter of the tariffs imposed by the EU on Chinese-made EVs.Xinhua also...
UK inflation data in focus for the session ahead
UK core CPI year-on-year (%)The September report here was encouraging but all it did was help to reaffirm a 25 bps rate cut earlier this month. The BOE will next meet on 19 December and there will be two inflation reports between now and then. The first of which will...
Federal Reserve speeches on Wednesday from Cook, Collins, Barr, Bowman
Cook and Collins look likely to be the most pertinent for traders:Times below are in GMT_US Eastern time format:1500_ 000 Federal Reserve Vice Chair for Supervision Michael Barr testifies on oversight of prudential regulators before the Housee Financial Services...
Barclays forecast GBP/USD to 1.30 and EUR/GBP to 0.80 over the coming quarters
This is via the folks at eFX. **Synopsis:Barclays remains optimistic on GBP, forecasting a rise in GBP/USD to 1.30 and a decline in EUR/GBP to 0.80 over the coming quarters. The outlook is supported by structural improvements, fiscal expansion, and relative resilience...
Kyle Bass says China setting up for a Taiwan invasion
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,...
Chinese mutual fund houses cutting exchange-traded fund (ETF) fees
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 exports in October rebounded from a 43-month low – recap
The data from earlier in the session is here:Exports rose 3.1% y/y in October, beating expectations of a 2.2% rise and a reversal from the -1.7% fall seen in September. September marked a 43-month low. Exports were led by a pick-up in chip equipment demand in China....
European Central Bank President Lagarde speaking Wednesday + Escriva & de Guindos
1130 GMT/0430 US Eastern time - Bank of Spain governor, José Luis Escriva, to speak about the economic impact of last month deadly floods in eastern region of Valencia1300 GMT/0800 US Eastern time - Welcome address by ECB President Christine Lagarde at ECB conference...
Bank of England Deputy Governor Dave Ramsden speaking Wednesday
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,...