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 Cipollone: No need for mon pol to create further slack
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,...
Gold falls to a two-week low as China settles in for holidays
The period of seasonal strength for gold usually ends with the start of lunar New Year holidays and here we are. The seasonal trade didn't work great this year but I strong suspect that's because it was swamped by hawkish shifts in monetary policy expectations due to...
US Inflation: A Crucial Juncture for Policy and Markets
Central banks are in a holding pattern for now. With rates seemingly having topped out in North America, Europe, and most of Asia, it is widely assumed cuts are the next policy step. But policymakers have been working overtime to contain expectations for imminent...
US stocks mixed to start the trading week
US stocks are mixed to start the trading week. Last week the major indices posted gains for the fifth consecutive week and the 14th of the last 15 trading weeks. Wow. Last week the S&P index closed the week above 5000 for the first time ever (and at record levels...
No comments on the economic outlook from the Fed’s Bowman
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,...
Kickstart the FX trading for February 12 with a technical look at EURUSD, USDJPY & GBPUSD
The kickstart FX video takes a technical look at the EURUSD, USDJPY and GBPUSD. The USD was mixed to start the US trading day but is starting to move higher versus the three major currency pairs.EURUSD is now back below its 100-hour moving average 1.07706, and the...
US dollar perks up, commodities skid
Some US dollar bids have emerged early in North American trading, helped along by an uptick in Treasury yields.I don't see a clear catalyst for the dollar move but it's boosted up USD/JPY to 149.20 from 148.95.USDJPY 10 minsOther dollar moves have been smaller so...
The Super Bowl hangover day economic calendar is light on data, heavy on talk
The Super Bowl was rigged and so are the Federal Reserve and capital markets so there's no need to even follow along at the this point, right?For the rest of us, today's economic calendar is a bit of a dud. That's fine after a Super Bowl that went late last night and...
The JPY is the strongest and the NZD is weakest as North American session begins
The strongest to weakest of the major currenciesThe JPY is the strongest and the NZD is the weakest as the North American session begins. The USD is mixed with modest changes vs the EUR, GBP, CHF, CAD and AUD. US stocks are little changed. On Friday, the S&P index...
ForexLive European FX news wrap: A sluggish start to the week
Headlines:Markets:JPY leads, NZD lags on the dayEuropean equities higher; S&P 500 futures flatUS 10-year yields down 2.9 bps to 4.158%Gold down 0.2% to $2,020.48WTI crude down 1.1% to $75.91Bitcoin up 0.8% to $47,900It was a quiet session as markets are waiting...
Introducing Amega: Making Trading Simple and Accessible to Everyone!
Amega is a global brokerage firm that has been quickly rising within the world of finance.Since its inception, Amega’s goal has been to make trading simple and accessible to traders of all levels, from beginner to professional. It accomplishes this by introducing...
The bond market stays in focus in trading this week
US Treasury 10-year yields (%) daily chartWith the focus being on big US data this week, Treasuries will continue to stay under the spotlight once again. The rebound in 10-year yields since the non-farm payrolls is now turning the attention back to the January ceiling...
Market Outlook for the Week of 12th – 16th February
The upcoming week will be packed with economic events, but it will start with bank holidays in Japan and China due to the National Foundation Day and the Spring Festival, respectively. On Tuesday, New Zealand will release its inflation expectations quarter-on-quarter...
IMF’s Georgieva says expects interest rates to start coming down from middle of the year
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 total sight deposits w.e. 9 February CHF 482.3 bn vs CHF 481.2 bn prior
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,...
EUR/USD still respecting the technical channels for now
EUR/USD daily chartThe low last week tested the December low of 1.0723 and buyers held their ground. Since then, price action has been a bit more muted though. The 100-day moving average (red line) has kept a lid on any upside move while the floor remains at the...
Saudi energy minister says ready to tweak oil output at any time depending on necessity
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 12 February 10am New York cut
There aren't any major expiries to take note of for today. And looking out to the rest of the week, there doesn't seem to be too much else either. But we'll take things one day at a time to see how they play out.As for the start of the week, price action is likely to...
US inflation the main draw in trading this week
All eyes this week will be on the US CPI data due tomorrow. The Fed has already came out to talk the talk, so it is now time for the data to walk the walk. The odds of a March rate cut have basically evaporated after the last Fed meeting. It is now at a measly ~18%,...