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,...
PMI data to highlight the agenda in Europe today
That will give us a rough idea of how the Eurozone and UK economies are faring to start the new year. For the former, will it be a case of continued sluggishness and negative growth? For the latter, will the late rebound in activity in Q4 carry over to January? Those...
Bitcoin hangs on at key technical level as downside pressure mounts
Bitcoin (BTC/USD) daily chartThe dip yesterday was bought back up late in the day, as price barely hangs on at the 100-day moving average (red line). That is the key technical level in play for Bitcoin now as price threatens a steeper drop under the $40,000 mark. The...
The push and pull continues so far this week
The dollar remains steady overall so far this week, after some back and forth action in the past few sessions. USD/JPY in particular has been a volatile one, running lower after BOJ governor Ueda's remarks yesterday before giving all of that back. The pair now trades...
ForexLive Asia-Pacific FX news wrap: USD/JPY yen back under 148, renewed BOJ hike chatter
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,...
Goldman Sachs says a Trump 2024 election win will likely boost bond yields and US dollar
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,...
Warning from Wells Fargo: Stocks at record highs based on false hope
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,...
Chinese authorities have ‘asked’ funds to restrict short selling stock index futures
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Societe Generale forecasts USD/JPY under 140 in Q2 of 2024
Key Insights: 1. BoJ Meeting Outcomes: The BoJ maintained its current policies but indicated positive prospects for wages and inflation, along with concerns about the side-effects of negative rates and yield curve control, suggesting possible policy changes by...
Former St Louis Fed President Bullard says Fed cuts could come as soon as March
Former St. Louis Federal Reserve branch President James Bullard said he expects the Federal Reserve to begin lowering interest rates before inflation hits 2%, and that cuts could come as soon as March. Bullard was speaking in an interview with the Wall Street Journal...
RBNZ’s own Q4 CPI indicator 4.5% y/y (prior 5.2%) – this is its Sectoral Factor Model
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North Korea fires multiple cruise missiles into Yellow Sea
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,...
Citi has a 4,800 target for the S&P 500 at mid-year, then to 5,100 by year end
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 mid-point today at 7.1053 (vs. estimate at 7.1825)
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 politics – Trump won NH primary, is now assured the Republican nomination
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Japan – Keidanren business lobby head says aiming for wage hikes to outpace inflation
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,...
Japan Jibun preliminary manufacturing PMI for December 48.0 (prior 47.9)
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PBOC is expected to set the USD/CNY reference rate at 7.1825 – 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...
New Zealand Q4 CPI inflation data shows high domestic inflation, RBNZ likely look through
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,...