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 sets USD/ CNY reference rate for today at 7.1002 (vs. estimate at 7.1898)
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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Bank of Japan Governor Ueda to speak from 3.10pm Tokyo 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 on Japan wages data: Real wages shrank in January for the 22nd consecutive month
I posted on the wages data from Japan earlier, noting that:Nevertheless, hopes are still high for some sort of policy move from the Bank of Japan, with the yen being bought. Its sent USD/JPY back under 149.00 for the first time in a month. The Bank of Japan is...
Australian January exports +1.6% m/m (prior +1.8%) & Imports +1.3% (prior +4.8%)
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,...
Australian housing finance data for January: -4.6% m/m (prior -5.6%)
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 7.1898 – 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...
USD/JPY extends its Wednesday drop in Asia morning trade
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 on Fed’s Kashkari – sees possibility of only one Fed rate cut 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,...
Japan January wages data show continued real falls
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 meets Thursday – no rate cut expected
The ECB statement is due at 1315 GMT, which is 0815 US Eastern time.European Central Bank President Lagarde follows up with her press conference a half hour later (1345 GMT / 0845 US Eastern time)The ECB is set to leave interest rates unchanged at a record high, the...
Bank of Canada stands firm: No rate cut in sight
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,...
Houthi terrorist missile that hit merchant vessel kills 3 sailors on board
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,...
UBS wary of US Presidential election polling – warns of a potential Brexit-like surprise
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 6 Mar: Fed Chair comments keep easing on table. USD lower.
The AUD is ending the day as the strongest of the major currencies, and the USD is the weakest in trading today. The USD was the weakest of the major currencies.The USD's weakness was influenced by somewhat weaker US data, lower rates and comments from Fed Chair...
Fed Kashkari says base case no more hikes, but higher for longer if inflation entrenched
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 House has voted to secure government funding through to September 30
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 07 March 2024 – Chinese trade data for February due
The February trade data from China is going to be disrupted by the New Year break. YTD figures will be for January and February, which will be a better guide given the moveable holiday period each year.Imports are expected to have bounced back, exports less so....
Trade ideas thread – Thursday, 7 March, 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,...