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Japan December household spending -2.5% vs -2.1% expected

Japan December household spending -2.5% vs -2.1% 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,...

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Trade ideas thread: Can the kangaroo fight off the panda?

Trade ideas thread: Can the kangaroo fight off the panda?

It's RBA so eyes are on the Australian dollar as it traded to the lowest since November 17 today.A fair bit of that is US dollar outperformance but the Aussie is also lower this year against the euro and Canadian dollar, while only eeking out a tiny gain against the...

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US stocks close lower. Declines led by the Dow 30

US stocks close lower. Declines led by the Dow 30

The major US stock indices are all closing lower after the Dow and S&P closed at record levels on Friday.The Dow losses are led by McDonald's and 3M declines of -3.65% and 2.25% respectively. Higher yields was a catalyst for the declines. The US 2-year yield is up...

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US yields come off the burner….

US yields come off the burner….

US 10 year yield is above 200 day MAThe US yields are coming off the boil that had the 10 year get within 2 basis points of the 2024 high yield of 4.196%. The high yield today reached 4.177% and is currently at 4.147%. Although off the boil, the 10 year yield did move...

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UKs King Charles has been diagnoses with cancer

UKs King Charles has been diagnoses with cancer

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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The NASDAQ is clawing back declines

The NASDAQ is clawing back declines

The NASDAQ index is clawing back its declines. The index low of 15471.68 took the index down -157.27 points at session lows. It is currently down -26 points or -0.16% at 15604.76. The high price has reached 15633.86.The S&P is also taking back some of the...

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EURUSD testing the December lows

EURUSD testing the December lows

EURUSD tests the December lowThe EURUSD is extending to a new session low, and in the process is testing the December low and swing level near 1.07233. A break below that level would then target the 61.8% retracement of the move up from the October low at 1.0712. Will...

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