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Atlanta Fed GDPNow growth estimate for Q4 rises to 2.7%

Atlanta Fed GDPNow growth estimate for Q4 rises to 2.7%

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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EURUSD moves closer to November/December highs

EURUSD moves closer to November/December highs

EURUSD buyers remain in controlThe EURUSD moved sharply higher last week helped by Fed Chair Powell's comments after the FOMC rate decision. The FOMC dot plot was also a contributing factor to the lower dollar (higher EURUSD). The upside momentum continued on Thursday...

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S&P index within 0.8% of all time high close

S&P index within 0.8% of all time high close

Major US indices are trading to new session highs. For the S&P index since now within 0.8% of its all-time high closing level at 4796.57. The all-time intraday high comes in a 4818.62. The current price is trading at 4758.58 or 18 points or 0.3% (the high price...

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Dow and Nasdaq looks for its 9th positive day in a row

Dow and Nasdaq looks for its 9th positive day in a row

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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US stocks set to open marginally higher

US stocks set to open marginally higher

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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Will the equities rally carry over to the new year?

Will the equities rally carry over to the new year?

After the drop towards the end of October, equities have staged a stunning rally in the last eight weeks. Of note, we got to observe fresh record highs in the Dow, DAX, and CAC 40 among the major indices. The question now is, can stocks carry over the good form during...

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UK December CBI trends total orders -23 vs -35 prior

UK December CBI trends total orders -23 vs -35 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,...

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Eurozone November final CPI +2.4% vs +2.4% y/y prelim

Eurozone November final CPI +2.4% vs +2.4% y/y prelim

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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Japanese yen stays under pressure post-BOJ

Japanese yen stays under pressure post-BOJ

USD/JPY itself is up 1.4% to 144.68 currently as the yen continues to be dismantled in European morning trade. This follows the BOJ pushback against any indication of an early hawkish policy pivot, as Ueda reaffirms that they will wait on the spring wage negotiations...

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FBS 2023-2024 Market Review

FBS 2023-2024 Market Review

With 2023 coming to an end, leading global broker FBS looks back at the significant economic events and delves into the perspective of the financial landscape in 2024. FBS financial market analysts point out that next year, financial markets will stand at the cusp of...

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FX option expiries for 19 December 10am New York cut

FX option expiries for 19 December 10am New York cut

There aren't any significant option expiries for today. As such, trading sentiment will rely more to flows and the overall risk mood in markets. So far, there isn't much to suggest any notable trends in price action as there is very little to work with besides the...

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