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,...
FX option expiries for 28 March 10am New York cut
There are a couple to take note of on the day, as highlighted in bold.The ones for EUR/USD are layered at 1.0815 through to 1.0850. And they should act similarly to the ones from yesterday around the same region as well. All else being equal, the expiries will help to...
BOE’s Haskel: I think rate cuts are a long way off
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 bond market continues to cook in trading this week
It's not the most exciting of weeks for bonds, as the action has trended rather sideways. 10-year yields in the US have been sticking around 4.20% to 4.25% for the last few days. And for the most part, that owes to some technical pull as seen in the chart below:US...
Major currencies still stuck in a lull for the most part this week
It's looking fairly quiet in the handover from Asia to Europe today. But that has sort of been the theme for most of the week for FX, no? Once again, the dollar remains steady as price action has been rather sideways over the last few days. Here's a snapshot of things...
Reminder: It is a holiday-shortened week for a number of markets
Given the holiday, we should see market conditions take on a quieter look and feel to end the week tomorrow. US markets will be open though, so it isn't a complete shutdown. During which, we will get the PCE price index and also an appearance by Fed chair Powell here....
Yen Strengthens on BOJ Intervention Issue
Following Fed Governor Christopher Waller’s comments, after the close of trading on Wednesday, Treasury yields rose across tenors in early Asian trading. Two-year Treasury bond rates, which are more vulnerable to policy changes, increased by three basis points...
ForexLive Asia-Pacific FX news wrap: Fed’s Waller not in a rush to cut rates
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,...
Critical US inflation report coming up on Friday when markets will be closed
US markets, along with UK and EU, will be closed on Good Friday, 29 March 2024. Stocks, futures, bonds, all closed.A few FX desks may be manned with a skeleton crew. Liquidity will be super-thin. Spreads will be wide. Against that backdrop, the good news is the...
Two new appointees to the Reserve Bank of New Zealand have been named
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,...
Important Japanese inflation data will be released on the Good Friday holiday
Good Friday, 29 March 2024, is a holiday in much of the Asian time zone.New Zealand, Australia, Singapore and Hong Kong are all out for the day. Markets are closed in those centres. However, Japan and mainland China re open. Due from Japan at 2330 GMT, which is 1930...
Bank of Japan Summary – rate hikes ahead will be slow to come
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 chief cabinet secretary Hayashi won’t rule out any option against excessive FX moves
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’s Knot and BoE’s Mann speaking on Thursday
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More Waller headlines: “Fed’s Waller Says No Rush to Cut Interest Rates”
Federal Reserve Board Governor Christopher Waller spoke earlier. Headlines are focused on his reasons for delaying cuts.Reuters, for example:Fed's Waller still sees 'no rush' to cut rates amid sticky inflation dataBloomberg:Fed's Waller Says No Rush to Cut Interest...
PBOC sets USD/ CNY reference rate for today at 7.0948 (vs. estimate at 7.2259)
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,...
China hopes the Netherlands would ensure “normal” trade of lithography machines
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Australian Retail Sales for February +0.3% m/m (expected 0.4%, prior +.1%)
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,...
PBOC is expected to set the USD/CNY reference rate at 7.2259 – Reuters estimate
People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate...
New Zealand March business confidence 22.9 (prior 34.7)
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