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,...
Oil posts its best day since November as seasonal tailwinds begin to blow
Oil dailyWTI crude oil is up $2.58 to $76.44 today in its best day since November.Oil was hit hard last week on reports of a Hamas-Israel ceasefire but those reports proved to be wrong and oil has been slow to recover. Israel's president said the war will take...
Bitcoin climbs to $45,500 in a return to pre-ETF levels
bitcoin dailyThe bitcoin ETF launch has been a disappointment but hope spring eternal in the crypto space and the halvening is keeping bulls in the game. Around the end of April, the number of bitcoin mined daily will halve and bulls expect that to cause a supply...
Canada could be headed to an election as soon as next month
If you've seen any Canadian polls lately, you know that time is running out for Justin Trudeau and his Liberal Party in Canada. They're currently trailing the Conservative Party by a margin of around 40%-26% with support steadily eroding.Fixed election date laws mean...
Mexican central bank leaves rates unchanged at 11.25%
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,...
Here’s a reminder of what Powell said ahead of tomorrow’s US CPI revisions
It's not often that Federal Reserve Chairman Jerome Powell highlights a specific piece of economic data that he's looking forward to but he did just that at the latest FOMC meeting.One piece of data I will be watching closely is the scheduled revisions to CPI...
Japanese Yen Forecast: Bearish Signs Build; Setups on USD/JPY, EUR/JPY, GBP/JPY
JAPANESE YEN OUTLOOK – USD/JPY, EUR/JPY, GBP/JPYThe yen (JPY) weakens across the board following dovish comments from a key Bank of Japan official.Indications that the BoJ will not hike aggressively when it exits negative rates should be bearish for the Japanese...
US sells 30-year bonds at 4.360% vs 4.380% WI
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 set to auction record-sized 30-year sale
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 Collins: My baseline for rate cuts this year is ‘similar’ to the 75 bps in the SEP
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,...
ECBs Holtzman: There is a certain chance that ECB will not cut rates this year
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 from Richmond Fed Pres Barkin: Hard to know what to do with rates
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 AUDUSD buyers had their shot. They missed. Price is back below 100 day MA
The AUDUSD has traded down and up and is back down this week. On the run higher, the buyers had their shot to run higher with the move back above a key swing level at 0.65229, and the 100-day MA at 0.65298. However, that move failed, and the buyers have turned to...
Richmond Fed Pres Barkin: Need to see more data to build confidence in inflation falling
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 from Mann: A srop in services inflation could persuade me to vote to hold
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 equity close: France leads with a moderate gain, UK lags
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,...
Atlanta Fed Q1 GDP now unchanged at 3.4%
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USDCAD moves higher after basing @ MA target. The buyers extended but that too is failing.
The USDCAD fell in early trading today and tested and held support against its 200-hour moving average at 1.34488. The subsequent rise of the price above the 100-bar moving average on 4-hour chart 1.3462, the 200-day moving average at 1.3477, and the 100-hour moving...
ECB’s Lane: We need to be further along in the 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,...
USDCHF hits new 2024 high, and moves away from 38.2% retracement
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,...