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,...
Lower inflation and softer growth seen for this year and next – ECB survey
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,...
Eurozone December M3 money supply +0.1% vs -0.9% y/y 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,...
Market Recap: Stock Market into correction mode ahead of the weekend
Economic Indicators & Central Banks: German GfK consumer confidence unexpectedly declined. It has hit the lowest level since March 2023, despite the fact that inflation has slowed and the labor market is still looking robust – shows that business and income...
European equities mostly higher at the open 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,...
FX option expiries for 26 January 10am New York cut
There are a couple to take note of, as highlighted in bold.They are both for EUR/USD, seen at the 1.0800 and 1.0850 levels. The former alongside bids at the figure level could help to prevent a steeper drop in the session ahead. This comes as the dollar is keeping...
France January consumer confidence 91 vs 90 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,...
Germany February GfK consumer sentiment -29.7 vs -24.5 expected
Prior -25.1; revised to -25.4As we get into the new year, the dark clouds continue to circle around German economy. And that is dashing any hopes of a recovery in the consumption sector especially. The unexpected dip here makes this the lowest reading since March last...
A couple of light data releases coming up in Europe today
Major currencies aren't up to much as the push and pull in trading this week is not giving traders much conviction to work with. That is exemplified by the situation in the bond market as outlined here earlier. So far today, dollar pairs are little changed and mostly...
Japan’s largest trade union chief reaffirms desire for wages and prices to grow further
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,...
Bond yields hold lower ahead of European trading
10-year Treasury yields are down around 3 bps to 4.097% on the day as yields are keeping lower ahead of European trading. The week has been exemplified by a push and pull mood with the high having touched 4.192% and the low being 4.075% on Monday. As you can see,...
EUR/USD on the edge after the drop yesterday
To be fair, Lagarde's speech went about as one would thought it would have. She acknowledged better inflation developments while reaffirming a more data-dependent approach. While she did say that it is fairly premature to discuss rate cuts now, she did mention that...
As a Commodity Currency, CAD Gets Support from Rising Oil Prices
The Bank of Canada kept the overnight interest rate at 5.00%, as expected. As stated, the BOC remains concerned about risks to the inflation outlook, particularly with regard to the persistence of underlying inflation. The central bank continues to monitor wage...
Nomura forecasts Fed rate cuts of 25bp in May, July, September and December 2024
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 Asia-Pacific FX news wrap: Tokyo inflation collapse, yen loses ground
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,...
Venezuela’s President Maduro says election deal with opposition could collapse
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,...
Onshore yuan looks set for its first weekly gain in three weeks
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, government stimulus in China are merely a “painkiller, not a cure” for the economy
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’s Centeno will be speaking Friday on 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,...
The US will sell over $130 million in bitcoin linked to the Silk Road forfeitures
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,...