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 Swiss National Bank (SNB) is being urged to include cryptocurrency in their reserves
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,...
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Australia April preliminary PMI Manufacturing 49.9 (prior 47.3) Services 54.2 (prior 54.4)
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,...
JP Morgan’s Kolanovic says the slide in US stocks is not over
Via a note from Kolanovic on Monday, saying the fall for US stocks is likely to extend lower, citing rising risks to the macroeconomy, including:rising Treasury yieldsstrong US dollarhigh oil pricesAnd: complacency around equity valuationsinflation staying...
A high hurdle for the Fed to sound dovish (make a potential December rate cut great again)
Via a note from Macquarie on Monday, views on what it'll take to bring a rate from the Federal Open Market Committee (FOMC) back to the table, and more.Analysts at the bank argue that given there have been three consecutive consumer-price index reports showing upside,...
Goldman Sachs cut its EUR/USD forecasts (by not very much)
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,...
Vanguard’s base scenario is a “deferred landing” for US economy, less aggressive Fed cuts
Vanguard is the world's second-largest asset manager. The firm's global head of rates expects less aggressive Federal Open Market Committee (FOMC) rate cuts, citing in part:global risks of a rebound in price pressuressigns of stubborn inflation in the USVanguard's...
BlackRock’s Rieder sees Federal Reserve being able to lower interest rates twice 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,...
Blackrock forecasts European Central Bank rate cuts before the Federal Reserve
ICYMI from Blackrock (BlackRock is the world's largest asset manager). Analysts at the firm expect the European Central Bank to begin cutting interest rates before the US Federal Reserve. Citing resilient economic growth and sticky inflation in the US as likely to...
ICYMI: UBS downgraded Magnificent 6 tech stocks (6 = 7 minus Tesla) to Neutral
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,...
Oil snippets: 1 Barclays sees upside risk, 2 Venezuala to shift sales to digital currency
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,...
Economic calendar in Asia Tuesday, 23 April 2024 – preliminary PMIs from Australia & Japan
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,...
Trade ideas thread – Tuesday, 23 April, insightful charts, technical analysis, ideas
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: US dollar gives back gains as risk mood improves
Markets:Gold down $61 to $2329US 10-year yields flat at 4.61%WTI crude oil down 12-cents to $82.85AUD leads, GBP lagsS&P 500 up 0.8%The newsflow was light ahead of a big week of earnings along with some key economic data points. The Fed has entered the blackout so...
S&P 500 climbs nearly 1% to end the six-day losing streak
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,...
Bank of American now sees USD/JPY peaking this year in the 155-160 range
USDJPY dailyBank of America has revised its forecast for the USD/JPY exchange rate upwards, predicting that it will reach higher levels by the end of 2024 and 2025. The adjustment is based on several factors including sustained capital outflows from Japan, an...
Oil bounces around before finishing lower by 29-cents
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,...
Another earthquake felt in Taiwan
The earthquake earlier this month led to some serious damage. It's not yet clear if this is an aftershock or something worse. It's currently very early in the morning in Taipei.Earlier today a 5.5 magnitude earthquake hit just off the coast while the quake at the...
Canadian dollar rallies for fourth day. What’s next
USDCAD dailyThe Canadian dollar has climbed for four straight days, which sounds impressive at the outset but it masks that it fell even harder in the four days before that, touching the worst levels since November.In any case, it has climbed for four days in a tough...