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 buyers make a last ditch effort to try and maintain some control
Gold (XAU/USD) daily chartBefore yesterday, gold prices only moved down to test the 100-day moving average (red line) twice this year. Yes, that's right. Just twice. The first was in February and the second in November. During both times, buyers held their ground but...
BOJ governor Ueda: Japan economy is recovering moderately, although some weakness seen
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Newly appointed French prime minister Bayrou faces the same path as Barnier
Bayrou has already courted controversy in staying on as the mayor of small French town, Pau, as he takes on the prime minister job in Paris. But that is perhaps the least of his worries at the moment. Much like his predecessor Michel Barnier, Bayrou has to find a...
S&P 500 analysis today by AI
S&P 500 E-Mini Futures (ES) Analysis: AI Price Prediction & Key Levels 📈⚠️ Important Note ⚠️Before diving into this analysis, it's critical to identify the time this analysis was generated and compare it to the current price action when you read it. Pay close...
BOE set to wrap up the major central bank bonanza for the year
In case you missed the events from earlier:That leaves the BOE as the final major central bank policy decision for the year. But unlike the Fed and BOJ, this one should be a more uneventful and straightforward one.The BOE is expected to keep the bank rate unchanged...
Morgan Stanley expects two 25 bps Fed rate cuts in 2025 (from the 3 prior forecast)
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 Asia-Pacific FX news wrap: Bank of Japan leaves rates unchanged, yen slumps
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,...
Recapping the Bank of Japan monetary policy decision today – rates unchanged 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,...
Reserve Bank of New Zealand forecast to cut by 50bp in February, then by 25 in April & May
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USD/JPY jumps above 155.20 after BoJ votes 8 – 1 to leave rates unchanged 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,...
Bank of Japan comprehensive review on past monetary easing steps
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,...
Bank of Japan leaves rates unchanged, as 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,...
The BoJ hiked rates in March and July – how is December shaping up?
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Westpac forecasts the Reserve Bank of New Zealand to cut cash rate to 3.25% by May 2025
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The wait for the Bank of Japan Statement is now live!
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ICYMI – Federal Reserve Chair Powell says “We’re not allowed to own bitcoin”
Federal Reserve Chair Powell covered a lot of ground in his press conference today, with the emphasis on, of course, the outlook for monetary policy. He was asked by a reporter though if he sees value in the U.S. government building a bitcoin reserve. Powell was not...
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Three reasons China is taking over the global car market
OK, I'll admit it, my headline is a little but overblown. But, the rise of Chinese carmakers is sending shock waves through the global auto industry. For example:Via the Wall Street Journal (gated):In the U.S., General Motors said this month it was taking $5 billion...
PBOC sets USD/ CNY reference rate for today at 7.1911 (vs. estimate at 7.3165)
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,...