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,...
Euro (EUR) Price Latest – EUR/USD Testing 200-SDMA Resistance, EUR/GBP Slipping Into Support
EUR/USD, EUR/GBP and EUR/JPY - Prices, Charts, and AnalysisGerman economy remains weak, official data shows.EUR/USD uptrend in focus.Learn How to Trade Economic News with our Free Guide Recommended by Nick Cawley Trading Forex News: The Strategy Get My Guide German...
Market Recap – Global Rally Pushing Valuations To Record Highs Across the US, Europe & Japan
Economic Indicators & Central Banks: It was all about Nvidia. Nvidia got a $277 billion 1-day boost to its market capitalization yesterday – the biggest single-session increase in value ever!(the previous record was a $197 billion gain by Meta Platforms...
ECB survey shows Eurozone inflation expectations edge up for the year ahead
The survey finds that inflation expectations among euro area consumers for the year ahead is seen rising to 3.3% in January, up from 3.2% in December. The expectations for three years ahead remained unchanged at 2.5%.As much as inflation data has been trending in...
Germany February Ifo business climate index 85.5 vs 85.5 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,...
SNB’s Schlegel: We do not think that cash will disappear from use in Switzerland
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,...
Cash is still king in Switzerland
Switzerland still loves its cash transactions. That is the latest finding from the central bank's survey on payment methods from last year. Of note, around 92% of firms that operate face-to-face business continue to accept cash, with just about 59% accepting payment...
European stocks see light changes as the session gets underway
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 Holzmann: The main risk to rate cuts is Red Sea tension
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 Q4 final GDP -0.3% vs -0.3% q/q 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,...
German Ifo business survey the highlight of the agenda in the session ahead
Major currencies are looking rather muted today, after quite an indecisive showing yesterday. The dollar weakened in Europe yesterday only to storm back in US trading. And that comes despite a surging run higher in equities, with the S&P 500 up over 2% and Nasdaq...
FX option expiries for 23 February 10am New York cut
There are just some expiries to take note of for EUR/USD, as highlighted in bold. They are layered around 1.0815-30 but should not be too impactful on the day. At present, the pair will be looking to sit on bids at 1.0800 to keep knocking on the door of the 200-day...
Forexlive Asia-pacific FX news wrap 22 Feb: Asian stocks don’t follow the US markets.
The Asian session saw some Fed speak and the storyline is starting to be hammered home from Fed officials - "Although there is good and bad, the Fed is not easing soon".Federal Reserve governor Christopher Waller emphasized a cautious approach to monetary policy,...
Don’t forget about the bond market as we look towards the end of the week
The big story in markets has been the surging rally in stocks on Nvidia yesterday. That has stolen the spotlight but let's not forget about the other moving parts in play. So far this year, the bond market is one of those key components and it will once again be a...
Add Goldman to list of companies looking for June hike
Nick Timiraos is tweeting that Goldman has now pushed the first cut to June from May joining others. Fed officials have been pushing "later vs sooner". The analysts are now seeing it more and the market has also pushed up yields have pushed yields higher as well....
The USDJPY buyers are holding onto control. Can they keep the control?
The USDJPY has been waffling up and down since the run higher after the US CPI on February 13. Since then the price has rotated between 150.88 down to 149.52, with the price action even more contained this week.That range this week found support buyers near the low of...
GBPUSD back up testing the 200 bar MA on the 4-hour chart again. Can it break the MA again
Last week, the GBPUSD moved up to test the 200-bar moving average on the four hour chart and found willing sellers.Earlier this week, the price moved up to the 200 bar moving average again and found willing sellers.On Thursday, the price finally broke above that...
Shanghai composite index rises above the 3000 point mark
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 house prices YoY for January -0.4% MoM vs -0.4% last month
Prior month -0.4% MoMMoM for January -0.4% vs -0.5% last monthJanuary YoY -0.7% vs -0.4% in DecemberIt was reported earlier that the US and China are in talks over innovative emerging market debt plans to prevent surge in defaults. It was also reported that China is...
Hong Kongs Hang Seng index to open down -0.5% at start of trading
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,...