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Easter break subdues markets ahead of the weekend
It is shaping up to be a quiet one as we look towards the session ahead today. That is to be expected though as the Easter bunny is here to visit. Major currencies are subdued with little to work with in general for the time being. US markets will be open though, and...
Taiwan navy chief reportedly to visit US next week
Reuters is reporting that Taiwan's navy chief, Tang Hua, will be in the US next week to attend a military ceremony. And also to discuss boosting bilateral naval cooperation amid the threats from China.The sources say that Tang will be visiting Hawaii first for a...
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Japanese Yen Q2 Technical Forecast: USD/JPY, EUR/JPY, GBP/JPY at Critical Juncture
This article focuses primarily on the technical outlook for the yen. For a deeper understanding of the fundamental factors driving the Japanese currency's trajectory in the second quarter, feel free to download our comprehensive Q2 forecast. It's complimentary!...
ForexLive Asia-Pacific FX news wrap: Ranges subdued by widespread holidays in Asia
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 inflation report coming up on Friday when markets will be closed – ranges to watch
PCE inflation data for February will be released! What is this? The Federal Reserve prefers the Core Personal Consumption Expenditures (PCE) Price Index over the Consumer Price Index (CPI) as a measure of inflation for several key reasons:The Core PCE covers a broader...
Federal Reserve Chair Powell speaks Friday, San Francisco Fed’s Daly also
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 Vanke says its objective is to cut interest bearing debt by 100bn yuan in next 2 yrs
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’s industry minister says to extend fuel subsidies for a “certain period”
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Japan finance minister Suzuki says speculative moves may be behind JPY weakness
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 7.0950 (vs. estimate at 7.2259)
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,...
USD/JPY update – lower (in a small range) after Suzuki’s verbal intervention
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 finance minister Suzuki says rapid FX moves are undesirable, speculative moves seen
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 Japan Deputy Governor Uchida will appear in parliament from 10am 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,...
Japan February Retail Sales +4.6% y/y (vs. +3.0% 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,...
Japan data – February preliminary Industrial Production -0.1% m/m (expected +1.4%)
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,...
Japan February unemployment rate 2.6% (expected 2.4%, prior 2.4% also)
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,...
Tokyo area March inflation data: Headline 2.6% y/y (prior 2.6%)
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,...
Analyst says the Bank of Japan is “very, very close” to intervening in JPY
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,...