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,...
More on Iran strikes near US Consulate in Iraq with ballistic missiles
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,...
Australian weekly consumer confidence survey falls to 84.4 (prior 84.8)
The ANZ - Roy Morgan consumer confidence survey is conducted weekly.Last week the index hit its highest in 11 months.According to ANZ economists, ‘Weekly inflation expectations’ were down 0.2 percentage points to 5.0%, while the four-week moving average edged down...
US futures (CME) about to reopen after the holiday weekend
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,...
USD/JPY finds support from carry trade, geopolitical risks, global inflation risk
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,...
Reports Iran fired a ballistic missile which struck near the US Consulate in Erbil, Iraq
Media reports:Iran’s IRGC says it has targeted areas in Erbil, Iraqi Kurdistan, with ballistic missiles. It says the targets were the positions of “spies and dissident groups”, however Sky News says the US Consulate in Erbil has been attacked by “long-range missiles...
Forexlive Americas FX news wrap 15 Jan; Holiday trading limits activity in the US session
In the US today, the stock and bond markets were closed (as were major futures markets) due to the Martin Luther King holiday. As a result, price action was limited in the forex market. Looking at the major currencies, the low to high trading ranges were on the low...
Economic calendar in Asia Tuesday, 16 January 2024
Another light one for the data agenda.Japan's December PPI is expected to show a fall from November. The Bank of Japan has probably moved on from "the watching for wage gains to support inflation" phase to "the praying for wage gains to support inflation" phase. Only...
Trade ideas thread – Tuesday, 16 January, insightful charts, technical analysis, ideas
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,...
New Zealand data – Q4 2023 Business confidence soared higher
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,...
What levels are in play for the major currency pairs to start the new trading week?
The EURUSD is moving sideways today. The USDJPY is moving higher. While the GBPUSD is continuing its ups and downs . Both the EURUSD and the GBPUSD are trading between the 100/200 hour MAs. The USDJPY is more bullish but is finding some resistance selling near the 50%...
Major events and releases scheduled this week
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,...
Fed’s Bostic in a FT article over the weekend continues to stump for waiting on cuts
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 Price Outlook: XAU/USD Eyes Prior All-Time High Amid Elevated Tensions
Gold (XAU/USD) Analysis Recommended by Richard Snow Get Your Free Gold Forecast Get My Guide USD Drifts Higher While Yields Appear Vulnerable to Further DownsideThe US dollar started the week on the right foot, although, the early Monday rise was certainly nothing to...
What is on tap for the earning calendar this week
The earnings season for the last quarter of 2023 was kicked off last week with some of the larger financial institutions. That pattern continues this week with a mixed of some others before big cap tech gets things going toward the end of the month. For this...
Video: The playbook for 2024 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,...
Ukraine asked Switzerland to organize a high-level peace conference (Russia not invited)
Is peace finally on the table? (update: it's not)Reuters reports comments from the Swiss President Viola Amherd who says that Ukrainian President Zelensky has asked Switzerland to organize a high-level peace conference.Amherd made the comment at a joint press...
European equity close: Sluggish start to the new week
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 Canada business outlook survey: Business sentiment sinks
How would you rate current business conditions?Sentiment fell every month in Q4, from 22% at the start of the quarter to 9% at the end38% of firms expect a recession in the year ahead vs 33% in Q354% of firms expect inflation to remain above 3% for the next two years...
Commodity currencies struggle after the PBOC leave rates unchanged
Will 2024 be the year that China turns the corner?So far this decade has been a disappointment for Chinese growth but with the property market flushed out and inflation in China zeroed-out, hopes have built for some fiscal and monetary help this year.The consensus...