The Reserve Bank of New Zealand takes a more dovish tone as the economy’s cracks start to show. The New Zealand Dollar declines against all currencies. Against the Pound the NZD trades 0.83% lower and it has fallen more than 1.00% against the Dollar. The US Dollar...
Bitcoin eyes $60,000 next as the surge higher continues this week
The chart says it all at the moment for Bitcoin. For something that you'd think might not have too much technical correlation, this has been quite a surprisingly technical-induced jump higher for the cryptocurrency. Or at least, one can definitely argue for it in such...
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FX option expiries for 28 February 10am New York cut
There are some big ones to watch out for, as highlighted in bold. But first, please take note that the expiries for Thursday and Friday are just a tentative indication. The notional amounts could very well differ from what I have from the source, as it has not been...
Another slower session beckoning for European traders
In the FX space, the kiwi is the main mover so far today after the RBNZ policy decision. NZD/USD is weighed down by nearly 1%, as the dollar is also keeping steadier across the board. The greenback is just a tough higher on the day thus far but the ranges are still...
The bond market is still making it tough to read into things for now
US 10-year Treasury yields (%) daily chartThis carries over the conversation from earlier this week here. And as yields continue to trend sideways, it is still leaving traders with more questions at the moment.10-year yields in the US are trapped between the 4.20%...
NZD/USD in focus after RBNZ policy decision earlier in the day
The kiwi is the big mover in FX as we look towards European trading today. That comes after the RBNZ left its OCR unchanged at 5.50% earlier here. The central bank affirmed that its current policy stance is restrictive enough, dashing hopes of a more hawkish twist....
ForexLive Asia-Pacific FX news wrap: Kiwi crushed by a dovish RBNZ cash rate hold
Barclays raised its year-end 2024 target for the S&P 500 to 5,300 from 4,800 previouslyFederal Open Market Committee (FOMC) speakers Wednesday include Williams, Collins, BosticHong Kong will cancel all demand side property cooling measuresBank of England's...
Barclays raised its year-end 2024 target for the S&P 500 to 5,300 from 4,800 previously
Barclays raised its year-end 2024 target for the S&P 500 to 5,300 from 4,800reflects our view that inflation will continue to normalize while the economy remains relatively resilient, and that Big Tech will maintain leadership in earnings growthS&P 500...
Federal Open Market Committee (FOMC) speakers Wednesday include Williams, Collins, Bostic
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,...
Hong Kong will cancel all demand side property cooling measures
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’s Catherine Mann speaking Wednesday
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,...
Hiccup in Japan’s wage talks? Reports that Toyota gives no answer to union demands
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,...
South Korea says may give a clearer picture on short-sell ban sometime in March
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 developer Country Garden will fight a liquidation petition filed against it
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,...
RBNZ Gov Orr: Central banks may have to hold rates higher than markets expect
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 Exec Dir Shimizu – likelihood of hitting inflation target still not sufficiently high
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,...
RBNZ Governor Orr press conference coming soon – live link
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,...
CEO of Vitol expects crude to be fairly stable around $80 a barrel in 2024
CEO of oil and gas trader Vitol, Russel Hard, was speaking at the Energy Institute conference on tuesday. crude oil expected to be fairly stable this year at around $80 a barrel,"The crude market is much less fragile than a couple of years ago," Western sanctions on...
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