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There are a couple to take note of on the day, as highlighted in bold.The first being for EUR/USD at 1.0910, which could just keep price action more sticky before the expiries roll off. From a technical perspective, the level doesn't hold any significance as key...
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,...
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 report is somewhat similar to the one right after the ECB meeting on Thursday last week here. This one said that policymakers are waiting to see how the data evolves between now and, at the earliest, March next year before considering any kind of 'dovish pivot'....
The dollar staged a slight bounce towards the end of last week following comments by NY Fed president, John Williams, here. One can argue whether or not it is taken out of context but it speaks to the stretched positions in markets in recent weeks. And if anything...
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,...
Australia has a new 'strategic materials list', those deemed essential to transitioning to 'green' energy that have not yet been subject to supply chain disruption. For example: copper, nickel, aluminium, phosphorous, tin, and zincAustralia already has a separate,...
The Bank of Japan is meeting today and tomorrow.The Statement is due some time in the 0230 to 0330 GMT (2130 to 2230 US Eastern time) time window, the Bank doesn't have a set time for publishingBank of Japan Governor Ueda's press conference will follow at 0630 GMT...
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,...
Intel Corp. joined the competition of AI chip manufacturing among its peers (Nvidia and AMD), by introducing last week its brand-new Gaudi 3, a chip for generative AI software which will be launched in 2024. In fact, the company has been working on developing Gaudi...
Biden and first lady Jill Biden are safe. The motorcade was stopped at the time and the two were not in a car but had just emerged from the Biden-Harris 2024 headquarters in downtown Wilmington, Delaware. The vehicle crashed into a Secret Service SUV that was blocking...
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,...
Temperatures in parts of China have hit their lowest levels since records began according to reports from State Media. China's agriculture ministry has launched an emergency response. China's national disaster prevention body issued a directive to local authorities to...
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,...
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,...
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,...
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,...
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...
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,...
Chinese state media with the headlines expressing optimism from the Central Finance Office for the year ahead: China's economy in 2024 faces more opportunities than challengesFavourable conditions are stronger than unfavourable factorsThe headlines hitting new sources...