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,...
US Technology Stocks Decline Ahead of the Fed’s Press Conference
US Technology Stocks decline ahead of the Fed’s interest rate decision and press conference. Only the Dow Jones witnessed bullish price movement during the US session. Both Microsoft and Alphabet beat earnings and revenue expectations, but stocks declined. Find out...
European bond yields fall on French inflation data
🇩🇪 10-year German bund yields down 7.8 bps to 2.195% (two-week lows)🇫🇷 10-year French bond yields down 8.0 bps to 2.680%🇮🇹 10-year Italian bond yields down 7.6 bps to 3.728%🇪🇸 10-year Spanish bond yields down 7.7 bps to 3.101% (near three-week lows)Well, the French...
European equities observe light changes at the open 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,...
China’s major state-owned banks reportedly selling dollars to defend yuan currency today
The rebound in Chinese stocks barely lasted a few days as the market rout continues this week. The Shanghai Composite is already down 4% this week alone with the Hang Seng also down over 3% on the week going into the close today. The outflows continue to weigh on the...
Traders move to fully price in an ECB rate cut for April again
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,...
France January preliminary CPI +3.1% vs +3.7% y/y prior
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Germany December import price index -1.1% vs -0.5% 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,...
Germany December retail sales -1.6% vs +0.7% 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,...
UK January Nationwide house prices +0.7% vs +0.1% 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,...
FX option expiries for 31 January 10am New York cut
There is just one to take note of on the day, as highlighted in bold.That being for USD/CAD at the 1.3400 mark. So far, bids at the figure level are also playing a role in limiting the recent downside in the pair. As such, the expiries will add to a defensive layer in...
Inflation data in focus in European trading
The dollar is keeping steadier so far this week, even with falling Treasury yields at play. 10-year yields are now down to 4.015%, looking set for a third straight daily decline. It has even fallen back below the 200-day moving average of 4.089%, yet the dollar...
Aussie the laggard after softer inflation data earlier today
In case you missed the data: Australian Q4 headline CPI 4.1% y/y vs 4.3% expectedThis has seen the Australian dollar fall on the day, with AUD/USD down 0.5% to 0.6565 currently. Looking at the report itself, a decline in food price inflation and goods and services...
Japan January consumer confidence index 38.0 vs 37.2 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 Asia-Pacific FX news wrap: USD gains ahead of the FOMC later
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Iran’s UN envoy warns any attacks will be met with response
Reuters conveying remarks from Iran's envoy to the UN, reported by the Islamic Republic News Agency (IRNA), the official news agency of the Islamic Republic of Iran: says any attack on Iran, its interests or nationals outside its borders will be met with definitive...
Goldman Sachs liking Chinese equites, citing valuations (bargains)
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Chinese cities have started releasing lists of real estate projects eligible for funding
Some supportive moves coming from China property, with news crossing that Chinese cities have started releasing lists of real estate projects eligible for funding.Regulators, including the housing ministry, are co-ordinating the list of cities eligible for funding...
IMF now comments on yen exchange rate – makes case for intervention
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International Monetary Fund (IMF) says it wants policy easing from People’s Bank of China
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,...