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,...
IronFX Celebrates an Award-Winning Start to 2024
A global leader in online trading is celebrating a host of remarkable milestones already achieved in the first quarter of 2024 after being recognised for its services with a number of prestigious industry awards.The broker has further solidified its position as a...
GBP/USD bounces to two-week high, what levels to watch out for?
It has been quite the bounce in cable this week, after the poor showing on Monday especially. The pair moved down to test 1.2300 before rebounding by over 200 pips now to 1.2520 levels. Of note, buyers have turned the near-term bias in their favour and things might...
AUD/USD nudges higher to test key technical resistance again
And that is seeing AUD/USD buyers capitalise a little in pushing price back towards the 200-day moving average (blue line), seen at 0.6526 on the day. The pair saw price movement capped by the key technical level yesterday and here we are testing it again. As much as...
USD/JPY Breaches ‘Line in the Sand’ Ahead of BoJ Meeting
Japanese Yen (USD/JPY) AnalysisThe yen breaks into the danger zone ahead of the BoJ meetingUSD/JPY breaches line in the sandBoJ Governor Ueda still sees trend inflation below target, will the updated forecast bring the inflation objective closer?Elevate your trading...
Crypto in the Spotlight: easyMarkets Q1 2024
Leading financial service provider, easyMarkets, has reported an increase in client trading volume across a range of financial instruments during the first quarter of 2024. Q1 2024 saw a surge in trading volumes for easyMarkets, particularly in cryptocurrencies and...
A more mixed market mood greets European traders to start the session
USD/JPY is still doing its thing as buyers are gradually pushing the limit above 155.00 ahead of the BOJ tomorrow. The pair is up 0.2% to 155.63 currently, with the line in the sand starting to shift. Elsewhere, the dollar is slightly lower but nothing too outstanding...
Investors Monitor a Potential Japanese Intervention, and upcoming Tech Earnings
Meta stocks top earnings expectations, but revenue guidance for the next 6 months triggers significant selloff. Meta stocks decline 15.00% and the Magnificent Seven also trade lower. Japanese Authorities are on watch and most market experts predict the Japanese...
ECB’s Schnabel says may be facing a bumpy last mile on disinflation
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,...
European equities more mixed at the open 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,...
France April business confidence 99 vs 100 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,...
Germany May GfK consumer sentiment -24.2 vs -26.0 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,...
FX option expiries for 25 April 10am New York cut
There is one to take note of for the day, as highlighted in bold.That being for USD/JPY at the 155.85 level. However, the pair is pretty much playing a different game compared to the rest of the major currencies bloc right now. So, I wouldn't attribute the expiries...
Not much on the data docket in European trading today
On the two related focus points:As such, European trading today might not offer too much if Tokyo decides to let things be. USD/JPY is at 155.52 currently as buyers are slowly pushing the limit but the rest of the major currencies bloc is rather muted.That will keep...
US data comes into focus in the second half of the week
With plenty of focus on USD/JPY, let's not forget about what else is driving markets at the moment. The softer US PMI data earlier this week continues the debate on Fed rate cuts for the year. And we'll have more data to add to the mix over the next few sessions....
The line in the sand is shifting
It's about testing the waters now but the idea is not to get too carried away. That is the line of thinking among buyers in pushing USD/JPY higher above the 155.00 mark currently. The pair finally breached the figure level in US trading yesterday but there is no major...
ForexLive Asia-Pacific FX news wrap: USD/JPY moves higher again
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,...
ANZ sticks to their forecast for a November 2024 interest rate cut from the RBA
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 Governor Ueda will be keen to avoid the mistake of his predecessor, Kuroda, on Friday
The Bank of Japan statement is due on Friday. As always, there is no scheduled time for the release, with 0230 to 0330 GMT (22030 to 2330 US Eastern time on Thursday) a reasonable expectation.Bank of Japan Governor Ueda will speak soon afterwards, from 0630 GMT (0230...
South Korea regulator head says does not know when to remove the short selling ban
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,...