The US will release it's March ADP employment report today at 12:15 GMT.ADP is usually released ahead of the NFP jobs report.But it's important to note that ADP has a very bad track record for predicting NFP (as seen below).In recent months, we've seen unpredictable...
ECB Holzmann has no in-principle objection to a June rate cut
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,...
Heads up for eurozone flash CPI data due at 09:00 GMT
Eurozone flash CPI will grab some attention this morning with the next ECB meeting coming up next week Thursday.Below is what markets are expecting from today's print:HICP Flash YY: expected 2.6% (prior 2.6%)HICP Core YY: expected 3.0% (prior 3.1%)Unfortunately the...
Opinion: Buy Mexican Peso. Here’s how to find a simple dip to buy Mexican Peso / USD
A Bullish Beacon in Forex: The Unstoppable Rise of the Peso 📈The Mexican Peso's journey is a bright spot in the Forex markets, proving to be a treasure trove for those with the right strategy and the virtue of patience.Opinion: Mexican Pesos are strong and...
Quick look at today’s economic calendar
Below is a quick look at what events are coming up on the economic calendar today.Today's economic calendar (source: Refinitiv)Even though flash eurozone CPI at 09:00 GMT could get attention, the main event will be the ISM services PMI scheduled at 14:00 GMT.After the...
ForexLive Asia-Pacific FX news wrap: Massive Taiwan earthquake, magnitude 7.7
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,...
China’s Xiaomi begins deliveries of its first EV. Has booked more than 100,000 orders.
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,...
Taiwan authorities say the earthquake has caused 26 building to collapse
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,...
China Caixin Services PMI for March 52.7 (expected 52.7, prior 52.5)
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,...
Sea levels start to drop off the coast Okinawa ahead of a coming tsunami
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,...
Taiwan earthquake revised higher to magnitude 7.7, from 7.5
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,...
TSMC evacuated factory areas after earthquake hit Taiwan
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 technical analysis and why you should care about this junction
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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Bank of Japan continues to buy JGBs, amount unchanged from previous offer
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PBOC sets USD/ CNY mid-point today at 7.0949 (vs. estimate at 7.2282)
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,...
Philippines warns of tsunami and orders the evacuation of coastal areas after Taiwan quake
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,...
Reports of buildings collapsed in Taiwan after the 7.5 magnitude earthquake
Multiple buildings collapse in Hualien, Taiwan.The news coming of Taiwan is getting worse, there are report of people trapped inside collapsed buildings.Also seeing footage of a landslide triggered by the quake.An official in Taiwan says this was the strongest...
Japan Jibun / S&P Global Services PMI 54.1 (preliminary was 54.9, prior 52.9)
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 7.2282 – 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...