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 February 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,...
ECB’s Stournaras says four rate cuts for this year seem reasonable
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,...
China’s top diplomat set to visit Australia and New Zealand in the coming week
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,...
Japanese Bankers Association head says odds of BOJ achieving price target have heightened
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,...
Switzerland February producer and import prices +0.1% vs -0.5% 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,...
FX option expiries for 14 March 10am New York cut
There aren't any major expiries to take note of for today. As such, trading sentiment is to likely to stay more muted in the session ahead. Traders are waiting on key US data later in the day, so there might not be much appetite to chase any moves in the meantime. If...
Little on the agenda to shake things up in Europe today
The dollar is keeping steadier still so far this week, trading lightly changed on the day. USD/JPY remains the one in the spotlight with the pair now trading up to around 147.90. It seems that traders are unconvinced of a more hawkish take by the BOJ going into next...
Japan’s largest industrial union: Average pay hike offered by firms was highest since 2013
For some context, UA Zensen is reportedly calling for at least a standard 6% increase in total wages this year. That is quite a step up compared to what big corporations are asking in wage talks on average. The union now says that the average wage hike offered by 231...
Countries are making progress on central bank digital currencies, latest study shows
According to their latest update in March, 134 countries and currency unions - representing 98% of global GDP - are now exploring the idea of a central bank digital currency (CBDC). Of note, 19 members in the G20 are now in advanced stages of CBDC development. And...
ForexLive Asia-Pacific FX news wrap: A quiet session with small moves only.
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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MUFG expect the Bank of Japan to begin to tighten policy next week.
The Bank of Japan meet on March 18 and 19. Every meeting for the past two years or so has been eagerly awaited for an exit out of ultra-easy policy. But, finally, the time seems to near. If not at this March meeting then April (25 and 26) is the expectation. MUFG on...
Ex-BOJ executive says once Bank abandons negative rate further moves will come very slowly
Former Bank of Japan executive Hideo Hayakawa spoke today, saying that Governor Ueda will not rush to normailise ultra-loos monetary policy. Hayakawa expects Ueda will change the BOJ's current framework into an orthodox one combining a short-term interest rate target...
US retail sales data for February due Thursday – the ranges to watch
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,...
Taiwan Central Bank Governor concerned over electricity price inflation chain reaction
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,...
European Central Bank speakers on Thursday include Schnabel, Knot, de Cos, de Guindos
European Central Bank speakers ahead today:930 GMT / 0530 US Eastern time: Bank of Spain governor and ECB policymaker Pablo Hernandez de Cos to speak at an event in Madrid1100 GMT / 0700 US Eastern time: Speech by ECB board member Isabel Schnabel at Money Market...
PBOC sets USD/ CNY central rate at 7.0974 (vs. estimate at 7.1875)
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 FOMC meets next week – “more hawkish” is a meaningful risk
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 is expected to set the USD/CNY reference rate at 7.1875 – Reuters estimate
People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate...