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 European FX news wrap: UK inflation eases, markets eye US CPI report
Headlines:Markets:JPY leads, GBP lags on the dayEuropean equities higher; S&P 500 futures up 0.3%US 10-year yields down 3 bps to 4.759%Gold up 0.3% to $2,685.57WTI crude up 0.4% to $77.80Bitcoin up 0.6% to $97,073It's all about the US CPI report today but in...
OPEC sees 2026 world oil demand keeping pace with their forecast for this 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,...
US MBA mortgage applications w.e. 10 January +33.3% vs -3.7% prior
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,...
AUDUSD Technical Analysis – The pair avoids a breakdown below the 2020 lows
Fundamental OverviewThe USD is weaker across the board following the soft US PPI report yesterday. The market pricing is now showing a total of 31 bps of easing by year end compared to 24 bps before the PPI. The focus remains on the US CPI report today. A hot report...
Is Meta Stock a Buy or Sell? We also asked our AI.
META Stock Short Trade Plan and Analysis: January 15, 2025Disclaimer: This analysis is for educational purposes only. All trades involve risk, and traders should assess their risk tolerance before proceeding. All trades are at your own risk.META Stock Trade Idea and...
GBPUSD Technical Analysis – Consolidation ahead of the US CPI
Fundamental OverviewThe USD is weaker across the board following the soft US PPI report yesterday. The market pricing is now showing a total of 31 bps of easing by year end compared to 24 bps before the PPI. The focus remains on the US CPI report today. A hot report...
EURUSD Technical Analysis – Focus on the US CPI report
Fundamental OverviewThe USD is weaker across the board following the soft US PPI report yesterday. The market pricing is now showing a total of 31 bps of easing by year end compared to 24 bps before the PPI. The focus remains on the US CPI report today. A hot report...
Eurozone November industrial production +0.2% vs +0.3% 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,...
Nvidia (NVDA) Stock Analysis for Today
TradeCompass: Nvidia (NVDA) Stock Analysis – 15 January 2025Financial Instrument: Nvidia Stock (NVDA)Price at the Time of Analysis: $131.50 (premarket session)Key Levels and Trade Scenarios for Nvidia Stock TodayBullish Above: $132.89Why Bullish Above:If Nvidia stock...
German economy seen shrinking in 2024 from preliminary estimates
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 Villeroy: We have practically won the battle against 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,...
USDJPY Technical Analysis – All eyes on the US CPI report
Fundamental OverviewThe USD is weaker across the board following the soft US PPI report yesterday. The market pricing is now showing a total of 31 bps of easing by year end compared to 24 bps before the PPI. The focus remains on the US CPI report today. A hot report...
ECB’s de Guindos: The disinflation process is well on track
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,...
Spain December final CPI +2.8% vs +2.8% y/y prelim
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,...
Traders step up odds of BOE rate cut for next month
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,...
France December final CPI +1.3% vs +1.3% y/y prelim
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 shatters annual visitor record in 2024
December itself saw 3.49 million visitors to Japan, making it a new monthly record as well. And in total for the year 2024, Japan saw roughly 36.9 million visitors for business and leisure. That well exceeds the previous annual record set in 2019 of 31.9 million,...
UK December CPI +2.5% vs +2.6% y/y expected
Prior +2.6%CPI +0.3% vs +0.4% m/m expectedPrior +0.1%Core CPI +3.2% vs +3.4% y/y expectedPrior +3.5%Core CPI +0.3% vs +0.5% m/m expectedPrior 0.0%As the BOE looks to cut rates further, this will at least support the case for that. The inflation numbers were softer...
Germany December wholesale price index +0.1% vs 0.0% m/m prior
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,...