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: Calls for gradual patient approach to 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,...
Fed’s Harker: FOMC still on rate-cutting path, future moves driven by data
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 is testing $92,000 once again
Yesterday I highlighted that bitcoin has held $92,000 (or near that level) on six separate occasions since breaking above $100,000 for the first time. Another test is unfolding now with it trading perilously close to that level and at the lows of the day.Bitcoin 5...
Kickstart the FX trading day for Jan 10 w/ a technical look at the EURUSD, USDJPY & GBPUSD
The US is observing a national day of mourning as former Pres. Jimmy Carter's layed to rest. The New York Stock Exchange and the NASDAQ Exchange will be close but the futures are open as is the US bond market. In US futures trading, the S&P futures are impying a...
Jimmy Carter’s funeral should keep a lid on US trading but Fedspeak is on the agenda
Jimmy CarterThe United States is holding a national day of mourning for Jimmy Carter today following his December 29 death. That's led to a re-write of the economic calendar with the bond auction scheduled for today moved up and economic data released adjusted.SIFMA...
ForexLive European FX news wrap: Dollar mostly firmer, pound woes continue
Headlines:Markets:JPY leads, GBP lags on the dayEuropean equities mixed; S&P 500 futures down 0.2%US 10-year yields down 3.4 bps to 4.658%Gold up 0.4% to $2,673.22WTI crude up 0.3% to $73.56Bitcoin down 1.1% to $93,409The dollar is holding firmer at the balance in...
US December Challenger layoffs 38.79k vs 57.73k 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,...
easyMarkets Wins “Best Fixed Spread Forex Broker” at 2024 SmartVision Investment Summit
easyMarkets, a leading CFD and Forex broker, is proud to announce that it has been recognised as “Best Fixed Spread Forex Broker” at the 2024 SmartVision Investment Summit in Egypt. This new achievement highlights the company’s ongoing commitment to providing traders...
Reminder: It is a pseudo market holiday in the US today
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,...
Russia says it welcomes Trump’s desire for contact but no requests so far
Russia says that Putin would most definitely welcome the idea of communicating with incoming US president Trump. However, there haven't been any requests to do so for now. The Kremlin adds that it would be more appropriate to wait for Trump to take office first.Well,...
EURUSD analysis for January 2025
EURUSD Analysis: Key Levels and Price OutlookThe Euro FX futures (EUR/USD) are trading at 1.03280, maintaining a bearish bias as technical indicators on the daily chart signal selling pressure. This analysis highlights critical support and resistance levels and...
NZDUSD Technical Analysis – The greenback remains in the driving seat
Fundamental OverviewThe USD got a boost recently from another set of hot data as the US Job Openings surprised to the upside and the prices paid index in the ISM Services PMI jumped to the highest level since 2023. The market’s pricing didn’t change much though and...
AUDUSD Technical Analysis – The pair bounces around the 2022 lows
Fundamental OverviewThe USD got a boost recently from another set of hot data as the US Job Openings surprised to the upside and the prices paid index in the ISM Services PMI jumped to the highest level since 2023. The market’s pricing didn’t change much though and...
Eurozone November retail sales +0.1% vs +0.4% 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,...
USDJPY Technical Analysis – Slow price action ahead of the US NFP
Fundamental OverviewThe USD got a boost recently from another set of hot data as the US Job Openings surprised to the upside and the prices paid index in the ISM Services PMI jumped to the highest level since 2023. The market’s pricing didn’t change much though and...
PIMCO remains positive on UK gilts despite selloff
Well, they're not wrong I suppose but there are domestic factors that have driven the rise in UK bond yields as well. The latest budget being of course one that market players are much alluding to. The high for 10-year gilt yields this week was 4.92% but even now at...
Key Trading Trends to Watch in 2025: Insights by Octa broker
As financial markets head into 2025, traders face a landscape shaped by evolving macroeconomic trends, rising commodity demand, and Southeast Asia's economic acceleration. With insights from Kar Yong Ang, a financial market analyst at Octa broker, this article...
Bavaria December CPI +3.0% vs +2.4% y/y 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,...
The British Pound extends the selloff
The British Pound is extending the selloff that started yesterday and remains a significant underperformer among the majors. There was no fundamental catalyst behind the selloff. It was a technical one.Yesterday around noon, the UK 10Y yield made a new cycle high...