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 is expected to set the USD/CNY reference rate at 7.2971 – Reuters estimate
People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate...
More info on US 25% steel tariffs would stack on other levies on Canada
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,...
Bitcoin today by TradeCompass
Bitcoin Futures (BTC) is currently trading at 96,165, and today’s analysis focuses on key technical levels, VWAP strategies, and volume profile insights to guide both bullish and bearish trade scenarios.📈 Bitcoin Price Prediction: Bullish Trade PlanWe turn bullish...
Japan’s fin min Kato says will assess, respond to US tariffs
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 media report says its all over for Powell – ‘lame duck’, but he’ll still serve his term
A piece from Dow Jones / Market Watch (gated) seeks to bury Federal Reserve Chair Powell:It's a litany of wrong:U.S. Federal Reserve Chair Jerome Powell is now a lame duck.Wrong. Powell has lost control of the Federal Open Market Committee (FOMC), as seen in recent...
White House says 25% steel tariffs would stack on top of other levies
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,...
NVDA Stock Analysis: Crucial Juncture for Traders
After a massive rally of over 19%, NVIDIA (NVDA) stock is at a crucial technical juncture. In this comprehensive technical analysis, we dive deep into the key chart patterns, pivot points, and potential scenarios using advanced technical tools—most notably, the...
Trump trade adviser: Australia ‘killing aluminium market’ – blow to tariff exemption hope
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 Fed’s Williams – says he is less worried about inflation expectations
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,...
Summers: Very real possibility the next Fed move is going to be upwards on interest 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,...
MUFG analysts forecast that USD/JPY could decline to 140
A few points made by MUFG in a note, in summary. 1. BoJ Rate Hikes in September and December May Be Justified on WagesThe Bank of Japan (BoJ) may find justification for interest rate hikes in both September and December if wage growth continues to show resilience,...
Economic calendar in Asia 12 February 2025
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,...
Trade ideas thread – Wednesday, 12 February, 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,...
More from Fed’s Williams: The longer run trends are more neutral for inflation
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 Americas FX news wrap: No new talking points from Powell
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 major indices close mixed. NASDAQ lower. S&P near unchanged, DJIA higher
Major indices are closing with mixed results:Dow industrial average rose 123.24 points or 0.28% at 44593.65S&P index rose 2.07 points or 0.03% at 6068.51NASDAQ index fell -70.41 points or -0.36% at 19643.86The small-cap Russell 2000 was also lower on the day with...
More on what to watch for in Wednesday’s US CPI report
US core CPI y/yI wrote yesterday about the big seasonal adjustments in the January CPI report. Today, Nick Timiraos at the WSJ expands on the same theme, noting that the January report is particularly impactful because of price resets at the turn of the year and that...
Fed’s Williams: US to grow by around 2% this year and next
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,...
NZDUSD and AUDUSD head into the Asian Pacific session near resistance targets
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,...