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 coast guard is increasing patrols around Taiwan’s Kinmen islands
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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PBOC is expected to set the USD/CNY reference rate at 7.1998 – 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...
ICYMI – ECB’s Stournaras says June is the earliest the Bank can cut rates
Yannis Stournaras is the Governor of the Bank of Greece and thus a member of the European Central Bank Governing Council (monetary policy setting committee).He spoke with Bloomberg on Friday ICYMI:“recent set of data suggests we will reach 2% in the autumn of this...
Japan’s services PPI for January +2.1% y/y (vs. prior +2.4%)
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,...
New Zealand’s Reserve Bank set to raise interest rates, TD and ANZ forecasts align
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 President Biden President will meet with the four Congressional leaders on Tuesday
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 says willing to work on free trade agreement with New Zealand
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,...
Nomura’s near term EUR/USD forecast – range bound below 1.10
Nomura retain a relatively neutral outlook for EUR/USD in the coming weeks, saying that the composite PMI for the euro area indites economies are still underperforming relative to US growth.EUR/USD to remain near-term range boundnot likely to rise above 1.10and any...
UK survey shows most exporters hit by Red Sea disruption – cost pressures building
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,...
Tech stocks forecast: Buy the dip says UBS
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,...
ICYMI – Centeno says the European Central Bank must be open to a March rate cut
Centeno spoke on Friday and he conveyed the message that while he though a March ECB rate cut is unlikely, policymakers must be open to it.“March is the date when we have the largest amount of new data in front of us — some data may tell us to discuss interest rate...
European Central Bank says that Bitcoin’s “fair value is still zero.”
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 Monday, 26 February 2024 – a sparse one
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,...
Trade ideas thread – Monday, 26 February, 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,...
Monday morning open levels – indicative forex prices – 26 February 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,...
Markets Week Ahead: USD, Euro and Gold Eye Inflation Data, Sterling Supported
General sentiment soared in a week dominated by Nvidia’s impressive performance and encouraging guidance for Q1 2024. The chipmaker helped the S&P 500 reach another all-time high with the Japanese benchmark index achieving the same feat after 34 years.Strangely...
Video: I’ve never been so bearish on the Canadian dollar
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,...
Weekly Market Outlook (26-01 March)
UPCOMING EVENTS:Tuesday: Japan CPI, US Durable Goods Orders, US Consumer Confidence.Wednesday: Australia Monthly CPI, RBNZ Policy Decision, US Q4 GDP 2nd Estimate.Thursday: Japan Industrial Production and Retail Sales, Australia Retail Sales, Switzerland Q4 GDP,...