Gold (XAU/USD Price and AnalysisIsrael/Iran conflict – The lull before the storm?Gold consolidates ahead of a potential breakout.Download our latest Q2 Gold Technical and Fundamental analysis for Free: Recommended by Nick Cawley Get Your Free Gold Forecast Get My...
ECB’s de Guindos: Appropriate to loosen restrictive policy if inflation conditions are met
In his words: "If our updated assessment of the inflation outlook, the dynamics of underlying inflation and the strength of monetary transmission were to further increase our confidence that inflation is converging to our target in a sustained manner, it would be...
GBP/USD continues to consolidate below 1.2500 for now
The near-term chart better depicts the price action in the pair on the week:GBP/USD hourly chartWhile the dollar has retreated a little, it hasn't amounted to much in GBP/USD as of yet.The jump after the UK inflation data yesterday stalled upon testing the 100-hour...
PBOC deputy governor says will keep yuan exchange rate basically stable
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,...
EUR/USD bounces back a little on the week, but what does the chart say?
The dollar's recent advance is stalling a little on the week, holding slightly lower today as well. That is seeing EUR/USD be up another 0.2% to 1.0689 as it keeps up a modest bounce from the 1.0600 mark earlier this week. So, is this bounce a significant one? Let's...
Switzerland March trade balance CHF 3.54 billion vs CHF 3.66 billion 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,...
FX option expiries for 18 April 10am New York cut
There are a couple to take note of, as highlighted in bold.The first ones are for USD/JPY with the big one being a $6 billion set of expiries at 153.00. That is seen quite a distance away from the current spot price, but it is one to take note of given the size. That...
BOJ’s Noguchi: Some big firms are benefiting from a weaker yen
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 cautions against ‘one-sided’ pursuit of credit expansion
This relates to the latest money supply and credit data here. Of note, broad credit growth hit a record low in March. And that bolsters the case for the PBOC to step up stimulus measures to try and prop up the economy. In lieu of that, the Chinese central bank is...
Dollar cools off in trading this week
The dollar is seeing its recent advance stall, as traders are trying to figure things out amid the lack of major economic data releases in trading this week. I'll dive more into the charts later in analysing the changes in near-term sentiment for the dollar. But for...
ForexLive Asia-Pacific FX news wrap: USD/JPY takes a quick peek under 154.00
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 speakers Thursday include Schnabel, Centeno, Simkus and Vujcic
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 speakers Thursday include Bowman, Williams, Bostic
Times below ar GMT/US Eastern time.1305/0905 Federal Reserve Board Governor Michelle Bowman gives opening remarks before virtual 2024 New York Fed Regional and Community Banking Conference (this will be pre-recorded video)1315/0915 Federal Reserve Bank of New York...
PBOC Governor Pan met with Federal Reserve Chair Powell
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 PBOC and FX officials will hold a news conference in China soon (0200 US Eastern time)
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,...
More from Japan’s Kanda: Japan is in talks on FX and other issues with US & others, daily
Japan's Finance Ministry's Vice Finance Minister for International Affairs Kanda. He is the official who will instruct the BOJ to intervene, when he judges it necessary. Often referred to as Japan's 'top currency diplomat'.Earlier:More now: G7 discussion on Iran...
Reserve Bank of Australia: Chinas Monetary Policy Framework, Financial Market Transmission
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’s Kanda says G7 reconfirmed commitment on forex stance put forward by 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,...
Bank of England Monetary Policy Committee member Megan Greene speaks again today
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,...
BoJ’s Noguchi: essential for BoJ to maintain ultra-loose monetary policy
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,...