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 People’s Bank of China monetary policy maker will be speaking later today
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 7.2056 – 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...
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Japan finance minister Suzuki says won’t comment on any BOJ policy steps to be taken
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,...
Morgan Stanley point to a broadening of the S&P 500 rally in the past month
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,...
BoJ’s Pivot Imminent: Yen Ready for Takeoff or Tumble? Setup on USD/JPY
Most Read: Gold Price Outlook: Fed May Shake Up Markets. Pullback or Rally in Store?The Bank of Japan is set to wrap up its March monetary policy meeting on Tuesday (Japan time, still Monday in NY). After recent media leaks, the institution led by Governor Kazuo Ueda...
UBS analyst neutral on US equities, but constructive on quality companies
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,...
Reuters report that New Zealand Prime Minister Luxon intends visit to China
New Zealand’s previous Prime Minister Chris Hipkins visited China in mid-2023. Noob PM Chris Luxon says he'll visit too, in the months ahead.Luxon met with China’s Foreign Minister Wang Yi in New Zealand this week.Luxon has been invited to visit China, and the Chinese...
Australian weekly consumer confidence 81.7 (prior 82.2)
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,...
It’s a close call, but not everyone expects the Bank of Japan to tighten policy today
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 (posted Monday) – Goldman Sachs predicts three Fed rate cuts in 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,...
Standard Chartered are forecasting Bitcoin to $150,000 in 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,...
Forexlive Americas FX news wrap 18 Mar: The FX market is quiet ahead of CB decisions
The US trading day started with all the major currency pairs (with the exception of the USDJPY) having less than 30 pip ranges. The day is ending with the GBPUSD, AUDUSD and NZDUSD all below 30 pips. The USDCAD did reach 31 pips. The USDJPY range was at 42 pips at the...
Japan to Exit Negative Interest Rates as BoJ Prepares Major Policy Shift
Coming up from the Bank of Japan today is their expected decision to exit negative interest rate policy, after eight years. There is no set time for the statement, there never is, but past experience shows to expect it sometime in the 0230 to 0330 GMT time window.This...
US equities stumble late but still post a strong 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,...
Economic calendar in Asia Tuesday, 19 March 2024 – BOJ and RBA 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,...
Trade ideas thread – Tuesday, 19 March, 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,...
Immigration is explaining parts of the economy that were tough to make sense of
I've been thinking all day about the Goldman Sachs note on immigration in the US and what it means for monetary policy this year. It explains why jobs growth has been so resilient when the underlying economy has slowed.You can't sum it up any better than GS did.We...
Goldman Sachs: Analyzing the March FOMC meeting’s impact on USD
As the Federal Reserve prepares for its March FOMC meeting, Goldman Sachs forecasts that the committee is likely to maintain its cautious stance, with expectations for a rate cut postponed to June. This projection comes despite numerous changes since the last meeting,...