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’s Cook Q&A: We’ll only know if neutral rate is higher after-the-fact
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,...
Russia tells oil companies to cut output to meet OPEC+ target
Crude OilRussia isn't bluffing.Reuters reports that Russia's government has ordered companies to reduce oil output in the second quarter to ensure they meet a production target of 9 million barrels per day by the end of June. That would match OPEC+ pledges.The report...
Gold Price Steadies After Sharp Sell-Off, New All Time High Remains Possible
Gold Price and AnalysisGold’s backdrop remains positive and may lead to further gains.Retail trader positioning is 50/50. Recommended by Nick Cawley How to Trade Gold Get My Guide Last week’s rally saw gold post a fresh record high before a sharp sell-off left the...
Dallas Fed manufacturing index -14.4 vs -11.3 prior
Prior was -11.3Output index -4.1 vs +1.0 priorComments in the report:Food manufacturingWill the consumer continue to spend enough to promote growth? This is the question I cannot answer confidently. As a food manufacturer, I need consumers to maintain their...
Fed’s Cook: Path of disinflation has been bumpy and uneven, as 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,...
Bitcoin climbs above $69,000 in surge
Crypto is cooking today with bitcoin having its best day in four weeks. Bitcoin appears to have broken the recent downtrend and shaken off some worries about crypto ETF inflows.Bitcoin dailyIt's not just bitcoin either as ETH rises 7% and is trading at a session...
US February new home sales 662K vs 675K 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,...
US new home sales data coming up next
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’s Goolsbee expects three rate cuts 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 equities set to give some back
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 February national activity index +0.05 vs -0.30 prior
Prior was -0.30 (revised to -0.54)All four broad categories of indicators used to construct the index increased from January Forty-six of the 85 individual indicators made positive contributions to the CFNAI in February, while 39 made negative contributions.The...
US February building permits revised to 1.524m from 1.518m
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: Dollar lightly lower on mixed markets
Headlines:Markets:GBP leads, CHF lags on the dayEuropean equities lower; S&P 500 futures down 0.4%US 10-year yields up 2.5 bps to 4.243%Gold up 0.3% to $2,169.77WTI crude up 0.4% to $80.98Bitcoin down 0.5% to $66,841It was a relatively quiet session as markets...
ECB’s Lane: We’re confident that wage growth is returning to normal
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,...
UK March CBI retailing reported sales +2 vs -7 prior
That's the first positive reading in ten months for the UK retail sales balance. However, the expected retail sales for April is seen at -25 as compared to -15 in March. That shows that retailers are expecting the decline in sales to resume next month. CBI notes...
ECB’s Panetta: There is growing consensus on a possible rate cut
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,...
USD/JPY stays poised near multi-year highs, but Tokyo warnings grow louder
USD/JPY weekly chartThe pair is flat on the day now at 151.42 as it continues to hang near multi-year highs since last week. The 2022 and 2023 highs of 151.90-94 is the key resistance region in play at the moment for USD/JPY. Hold below and sellers can look to build...
What are Trump MAGA Meme Coins?
A new meme coin craze has taken the cryptocurrency world by storm, and this one is different from the other meme coins that have managed to go mainstream. The MAGA coin is the new cryptocurrency surging in the markets.It's a Donald Trump-themed coin, getting its name...
SNB total sight deposits w.e. 22 March CHF 469.2 bn vs CHF 469.2 bn 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,...