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,...
Kickstart the FX trading for March 14 w/ a technical look at the EURUSD, USDJPY and GBPUSD
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 dollar firms after data slate
The market reaction to today's data slate is reminiscent to CPI.It's a three-parter with an initial hawkish reaction, followed by a complete retracement, then a renewed push towards the knee-jerk.EURUSD 1 minThe data overall was a mixed bag with a hot PPI and good...
Canada manufacturing sales for January 0.2% versus 0.4% estimate
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 initial jobless claims 209K vs 218K estimate
Initial jobless claimsPrior 217K revised to 210K. Initial jobless claims 209K vs 218K estimate.4-week moving average of initial claims 208K vs 208.5K last weekContinuing claims prior week 1.906M revised to 1.794M.Continuing claims current week 1.811M vs 1.900M...
US February PPI +1.6% y/y vs +1.1% expected
US PPIPrior was +0.9% y/y (revised to +0.8%)PPI m/m +0.6% vs +0.3% expected (prior was +0.3%)Core:PPI ex food and energy y/y +2.0% versus +1.9% expected. Prior month +2.0%PPI ex food and energy m/m +0.3% versus +0.2% expected. Prior month +0.5%PPI ex food and...
US February retail sales +0.6% vs +0.8% 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,...
Full slate of US economic 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,...
ECB’s Knot: Expects ECB cuts in June, then most likely in Sept and Dec
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,...
As the NA session begins, the NZD is the strongest and the EUR is the weakest
The strongest to the weakest of the major currency pairsAs the North American session begins, the NZD is the strongest and the EUR is the weakest of the major currencies. The USD is tilting to the downside. Once again, the trading ranges for the day are very modest....
ForexLive European FX news wrap: Dollar steady awaiting more US data this week
Headlines:Markets:NZD leads on the dayEuropean equities higher; S&P 500 futures up 0.3%US 10-year yields up 0.6 bps to 4.197%Gold down 0.4% to $2,166.93WTI crude up 0.9% to $79.95Bitcoin down 0.4% to $72,846It was a quiet session in Europe as traders seem content...
DeFi: Learn More About Decentralized Finance
Decentralized Finance, commonly referred to as DeFi, is a revolutionary movement within the financial industry that leverages blockchain technology to eliminate intermediaries and central authorities from financial transactions. This innovative ecosystem comprises...
FX muted awaiting more US data later in the day
Considering how much emphasis markets have been placing on big data in recent months, this isn't much of a surprise. Major currencies are relatively muted in trading today with dollar pairs seeing light changes overall. USD/JPY did nudge a little higher to near 148.00...
Learn More About PEPE on Binance
Binance, the global cryptocurrency exchange, has witnessed the ebbs and flows of hundreds of cryptocurrencies. One of the more unique entries into the crypto space is PEPE – a digital asset that has garnered attention for reasons beyond its financial potential.What is...
China’s Gold Imports From Switzerland More Than Triple!
Significant demand from China continues to push Gold prices higher! China has been using the safe haven asset to protect the central bank and reserves as the Chinese Yuan depreciated over the past 2 years. Economists advise the higher demand coming from China may...
Bitcoin’s rising dominance over Ethereum
Bitcoin: Maintaining dominance in the cyptocurrency marketThis article examines recent trends in the cryptocurrency market, highlighting Bitcoin's continued leadership. It also shows crypto investors and traders how to look at how BTC price is trending vs ETH...
UBS takeover of Credit Suisse poses new risks for the Swiss economy, says OECD
They're not the first to point out concerns surrounding UBS' takeover of Credit Suisse last year and certainly won't be the last. OECD says that the takeover now creates "new risks and challenges" for the Swiss economy. Adding that:"UBS - already a global systemically...
IEA raises oil demand growth forecast but warns of economic headwinds
The agency raised its 2024 global oil demand growth forecast by 110k bpd to 1.3 mil bpd. However, it says that "the global economic slowdown acts as an additional headwind to oil use, as do improving vehicle efficiencies and expanding electric vehicle fleets". Adding...
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European equities look to keep the positive run going
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,...