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,...
Ex Fed Pres.Lacker: There is a spread of optimism &some of that spread to Fed officials
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,...
Major indices remain mixed with the Dow down, the S&P unchanged and Nasdaq higher
The major US stock indices are trading mixed. The Dow Industrial Average is lower with a decline of -34.10 points or -0.10% at 38070. The S&P is near unchanged with a decline of -2.5 points or -0.05%. The NASDAQ indexes up marginally with a gain of 15.85 points or...
PCE Data Unleashed: Anticipating the USD/JPY Reaction
U.S. Economic Data Reaction: The USD/JPY pair's response to U.S. GDP and jobless claims data has showcased the currency's sensitivity to American economic health indicators.Central Bank Speculations: Futures markets are reflecting a near 50% chance of a March Fed rate...
Dallas Fed manufacturing index -27.4 in January versus -10.4 in December
Dallas Fed manufacturing business index tumbles lowerDallas Fed manufacturing index of general business activity fell to -27.4 in January versus -10.4 in December 2024.Output index -15.4 versus +1.2 in Decemberlooking at some of the key components:production fell to...
Negotiators from Israel, US, Egypt and Qatar have agreed on framework for hostage release
Negotiators from Israel, US, Egypt, and Qatar have agreed on a framework for the release of remaining American and Israeli hostages.Meanwhile, the USD Defense Secretary Austin is on the wires saying:Expresses sorrow, outrage over the deaths of US troops in Jordan...
The USD is bouncing higher in the US session.EUR, GBP, CHF and AUD are all trading at lows
The US dollar is moving higher with the EURUSD, GBPUSD and the USDCHF all trading at new extremes (USD higher). The USD vs the AUD is also moving higher and testing key MA support.The gains in the greenback, despite falls in the US yields today. The 5-year yield is...
FOMC and BoE in Focus as Markets Navigate Shifting Tides
As central banks around the world respond to evolving economic landscapes, the focus now shifts to the Federal Open Market Committee (FOMC) in the US and the Bank of England (BoE). With the European Central Bank (ECB), Bank of Japan (BoJ), and Bank of Canada (BoC)...
US stocks little changed in early US trading
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 day for January 29 with a technical look at the EURUSD, USDJPY and GBPUSD
The USD vs the 3 major currencies is mixed to start the training week in the US session.The EURUSD is back below eight 200-day moving average is 1.08420. That tilts the overall bias to the downside. The price is trading within a swing area between 1.0803 and 1.0824....
ECB’s de Guindos: Inflation risks are to the downside
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 European FX news wrap: Euro eases lower as traders eye April for ECB rate cut
Headlines:Markets:AUD and NZD lead, EUR lags on the dayEuropean equities lower; S&P 500 futures up 0.1%US 10-year yields down 5.3 bps to 4.106%Gold up 0.5% to $2,029.13WTI crude down 0.2% to $77.95Bitcoin up 0.4% to $42,174It was a quiet session in terms of...
Olli Rehn to return to position of Bank of Finland governor, ECB governing council member
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 to finally break key technical support level this week?
EUR/USD daily chartThe dollar might be trading a bit more sluggishly today but the euro is underperforming even more. Traders have stepped up ECB rate cut bets slightly on the day and that is enough to put a drag on the single currency. EUR/USD is down 0.3% to 1.0818...
Everyone Is Watching Netflix. Here’s Why Streaming Platform Stocks Are Hitting the Roof
Netflix shares skyrocketed in the latter part of January, bringing cheers to all Netflix stockholders. But what's the story for other market players? Let's delve into what everyone should know about the surge in the streaming platform and how analysts see its...
HugeWin Casino is Redefining Crypto Gambling with a Rich Gaming Ecosystem
HugeWin Casino, a newly established platform as of January 2024, has quickly garnered attention in the cryptocurrency gambling landscape. Its user-centric approach, coupled with an extensive array of gaming options, underscores its emerging status within the...
Bank models say dollar selling the flavour for this month-end
Month-end hedging or rebalancing flows typically tend to pick up from the spot date (in this case, today) until the last day of the month itself. To start off the year, bank models appear to be signaling for mild but broad-based selling in the dollar.Credit Agricole's...
Dollar sluggish as lower yields weigh on the session
USD/JPY is down 0.3% to 147.75 currently as lower Treasury yields is weighing on the pair. 10-year yields in the US are down to 4.10% and that is putting a slight drag on the dollar. The fall is still largely contained by the 200-day moving average though, which...
ECB’s Kažimír says rate cut in June is more probable than in April
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,...
Market Outlook for the Week of January 29th – February 2nd
As usual, Monday is expected to be a relatively quiet day with nothing significant on the calendar. Moving on to Tuesday, Switzerland is set to reveal the KOF Economic Barometer, while the U.S. will get the CB Consumer Confidence and JOLTS Job Openings data.Wednesday...