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,...
Tickmill Wins Top Spot for its Commissions & Fees at ForexBrokers.com 2024 Annual Awards
Tickmill, a leading multi-asset broker, has once again claimed the #1 position in the Commissions & Fees category at the ForexBrokers.com 2024 Annual Awards. It is the fourth consecutive year that Tickmill has dominated this category, further solidifying its...
Market Recap – China Back, US closed!
Economic Indicators & Central Banks: Chinese stocks climbed slightly as China returned from the long New Year holidays. Modest gains showed that investors are worried about the longterm outlook. Much of the economy’s sluggishness is a function of the...
European equities take a breather after last week’s gains
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,...
FX option expiries for 19 February 10am New York cut
There aren't any major expiries to take note of for the day. And as a caveat, please take the figures from Tuesday to Friday with tentative caution. I suspect the source for the future expiries are a little wonky so I will update them accordingly day by day instead....
Market Outlook for the Week of 19-23 February
PMIMonday marks a bank holiday in the U.S. in observance of Presidents' Day. Tuesday will bring attention to Australia with the release of the Monetary Policy Meeting Minutes. However, the most significant event of the day will be the inflation data for Canada....
A quiet one on the agenda today in European trading
Current mood: Long weekend in the US casts a shadow over markets to start the weekAnd the fact that we are deprived of any major economic data releases today isn't going to help going into European trading later. As such, we are likely to see more sideways action in...
Gold sticks to last week’s bounce in search of third straight day of gains
Gold (XAU/USD) daily chartIt has been a rather textbook rebound for gold, if you go by the technicals at least. The drop below the $2,000 mark last week was arrested by the 100-day moving average (red line) as buyers held their ground. Since then, we are seeing a...
Long weekend in the US casts a shadow over markets to start the week
It will be Presidents' Day in the US and domestic markets are closed, making for a long weekend. In turn, that is likely to translate to a more a lackadaisical mood for other regions as well. So far, it's been quiet in Asia and that is almost certainly going to carry...
ForexLive Asia-Pacific FX news wrap: Subdued FX moves ahead of US holiday Monday
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,...
Despite the PBoC keeping MLF rate unchanged, talks of a Loan Prime Rate (LPR) cut persist
Over the weekend we had the latest policy (un)move from ChinaThe PBoC is very concerned that further rate cuts will lead to a run on the currency. And so the MLF was left unchanged. This is usually a good indication that the Loan Prime Rate (LPR) setting for the month...
NZD traders heads up – RBNZ advisory of Governor Orr speech after the next policy meeting
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,...
AUD traders heads up – RBA February meeting minutes are due tomorrow
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,...
Ship attacked in Red Sea by Houthi terrorists has been abandoned by the crew
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 trade-weighted yuan rises to its highest level since October 30, 2023
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,...
People’s Bank of China sets yuan reference rate at 7.1032 (vs. estimate at 7.1970)
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 markets are closed on Monday, February 19 in observance of Presidents Day.
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 7.1970 – Reuters estimate
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,...
UK property prices show first annual rise in 6 months according to Rightmove data
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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