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,...
Japan January foreign reserves 1291.8BB vs 1,294.6B prior
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,...
Pain in the gas: Henry Hub prices fall below $2 for the first time in 10 months
Henry Hub front monthThe dark days are back again for the US natural gas market. Henry Hub fell below $2 today for the first time since April 2023 when that level was briefly breached three times.If you look at the last 23 years of US natural gas prices, the period...
Looking for global growth signs in Korea
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 January industrial manufacturing index -23.8 vs -25.3 prior
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 6 Feb. US yields move lower and helps to send the USD down
The USD started the US session mixed. However, yields started to correct some of the rise from the last 3 trading days which saw the 10-year yield move from a low on February 1 at 3.817% to the high from yesterday extending to 4.177. The high fell short of the 2024...
New Zealand Q4 unemployment rate 4.0% vs 4.2% 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,...
Oil – private inventory survey shows a smaller-than-expected build
The initial reports suggest a less-bearish inventory build than was expected on crude with gasoline and distillates largely cancelling each other out. The consensus for tomorrow's EIA data is:Crude +1895KGasoline +140KDistillates -1000KThis information originates from...
US stocks snatch victory from the jaws of defeat
The major US stock indices snatched victory from the jaws of defeat - especially in the S&P and NASDAQ indices. At session lows, the S&P was down -7.94 points. It is closing up 11.42 points. The NASDAQ index made a bigger comeback after being down -83.43...
Coming up in Asian trading: New Zealand employment data, private oil inventories
Eamonn is off again today but he will be back tomorrow. I'll be guiding you through Asia-Pacific trading today instead and I think it will be a lively one, particularly in China as we near the week-long holiday.Up first at the bottom of the hour is the private oil...
Traders have moved the price of the NZDUSD ahead of the key employment statistics
In New Zealand today, the key quarterly employment statistics will be released expectations at the unemployment rate is expected to rise to 4.3% from 3.9%. The labor cost index is expected to rise also by 0.8% versus 0.8% last month.Technically, the price of the...
US crude oil futures settle at $73.31
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,...
BOCs Macklem: Bank targets overall CPI inflation, but cannot ignore shelter costs
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 Cleveland Fed Pres. Mester: Does not want to offer timing on rate 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,...
More from Fed’s Kashkari:We are not quite there on YoY inflation but getting there
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,...
Minneapolis Fed Pres. Kashkari: Inflation has come down very quickly
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,...
U.S. Treasury auctions off $54 billion of 3-year notes at a high yield of 4.169%
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,...
Japanese Yen Forecast: Technical Trade Setups on USD/JPY, EUR/JPY and GBP/JPY
Interested in building strategies for USD/JPY? Start by downloading our "How to Trade USD/JPY" guide! Recommended by Diego Colman How to Trade USD/JPY Get My Guide USD/JPY FORECAST – TECHNICAL ANALYSISAfter a strong rally over the last couple of sessions, USD/JPY...
US treasury to auction of $54B of 3 year notes at the top of the hour
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’s Macklem: Monetary policy sees more time to ease remaining price pressures
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,...