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 December final CPI +3.7% vs +3.7% y/y prelim
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,...
UK November monthly GDP +0.3% vs +0.2% m/m 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 12 January 10am New York cut
There are a couple to take note of, as highlighted in bold.The first being for EUR/USD at the 1.1000 mark, which remains a key resistance point for the pair since the turn of the year. As such, the expiries will add another resistance layer to help limit any upside...
GBPUSD Technical Analysis – Playing the range
USDThe Fed left interest rates unchanged as expected at the last meeting with a shift in the statement that indicated the end of the tightening cycle. The Summary of Economic Projections showed a downward revision to Growth and Core PCE in 2024 while the Unemployment...
UK monthly GDP on the agenda today
It looks like markets have shrugged off the higher US CPI data from yesterday, and rather quickly at that. For me, the main reaction was in the bond market and that is the one that is reverberating across broader markets as well in the aftermath. More on that here.As...
Higher US CPI not enough to drag yields across the finish line
On the initial reaction to the US CPI data yesterday, 10-year Treasury yields jumped from 3.99% to 4.06% before ultimately settling lower below the 4% mark. That's the sort of thing which is seeing bond sellers go out on a whimper after the action from last week. It...
China’s annual crude oil imports hit an all-time high in 2023
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: Airstrikes on Houthis, escalation takes oil 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,...
Federal Reserve Bank of Minneapolis President Neel Kashkari speaks on the economy Friday
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,...
Taiwan will go to the polls on Saturday to pick a new president
If you've been following along on the news on China and Taiwan you'll know that a stated goal of Chinese Communist Party Chairman Xi Jinping is to take over Taiwan. He emphasises this from time to time by firing off missiles at the tiny neighbouring country. While...
Japan chief cab sec says supports US & Allies efforts to secure safety of shipping vessels
Japan chief cabinet secretary Hayashi: Japan supports US and Allies decision to secure safety of vessels, when asked about US and UK strikes against Houthi forcesJapan condemns acts by Houthi forces that violate free passage of vessels around Arabian peninsula Japan...
China December trade data shows exports and imports both gained y/y
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,...
China 2023 CNY denominated exports +0.6% y/y & imports -0.3% y/y
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 Central Bank board member Philip Lane is speaking Friday
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,...
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China December CPI -0.3% (expected -0.4%)
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 reference rate for today at 7.1050 (vs. estimate at 7.1592)
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,...
Heads up for the US holiday on Monday January 15 – markets closed
Martin Luther King, Jr. Day is on Monday January 15.US stock exchanges are closed (New York Stock Exchange, Nasdaq Stock Market are the big 2)Bond markets are closed, as recommended by the Securities Industry and Financial Markets Association (SIFMA)All SIFMA holiday...
Biden says will not hesitate to direct further measures on Houthi targets in Yemen
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,...