Prior +3.9%; revised to +4.6%The devil is in the details. The reading here has been volatile for many months already in 2024 and this is one of those times reflecting that again. If you actually exclude large orders (which tend to be a one-off), incoming orders were...
Understanding Spreads in Forex Trading
In the challenging world of online Forex trading, understanding the concept of spreads is fundamental. Spreads are a core component of trading because they can significantly impact the potential returns on trades. Once clarity is gained, traders can better manage...
BOJ’s Takata: No specific timing in mind in scrutinising economy, price developments
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,...
Switzerland August seasonally adjusted unemployment rate 2.5% vs 2.5% 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,...
A couple more light data releases to move things along in European trading today
USD/JPY was a modest mover in Asia but is not quite ready to break down just yet. It looks like traders will be looking to the US ADP employment change and weekly initial jobless claims data later for further clues. That is not to mention the ISM services PMI also...
USD/JPY on the edge as yields look to leg down further
Well, we got an early taste of things yesterday if US jobs data continues to disappoint in the sessions ahead. The JOLTS job openings here was enough to trigger more selling in the dollar and send yields tumbling. And we're now seeing both USD/JPY and 10-year Treasury...
ForexLive Asia-Pacific FX news wrap: JPY active again
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More from RBA Governor Bullock: Level of demand for goods and services higher than supply
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RBA’s Bullock says as of now Board doesn’t expect to cut rates in near term
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China’s Xi, at China-Africa Summit: China is willing to unilaterally expand market access.
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The PBOC and China’s FX regulator will hold a press conference in a few hours time
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Reserve Bank of Australia Governor Bullock speech – live link
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US’ Rubin says while US economy still has momentum it has slowed some
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BoJ Takata says Japan’s economy is recovering moderately, though some weak signs
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,...
Australian July Trade Balance is a surplus of AUD 6.009bn (expected 5.15bn)
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 central rate at 7.0989 (vs. estimate at 7.1010)
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,...
Fed’s Daly says need to cut rates because economy slowing, inflation falling
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,...
Japanese rising real wages data keeps the BOJ on track for a Q4 interest rate hike
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,...
“Overlooked green shoots” for China – improving growth seen ahead
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,...