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,...
IronFX’s Eventful Journey: Reflecting on 2023 and What Lies Ahead in Upcoming Events
As 2023 draws to a close, IronFX reflects on the year’s eventful journey and what lies ahead for industry events in 2024. Leading global provider of foreign-exchange trading IronFX has had an eventful year in 2023, actively participating in key industry events and...
Li Qiang to lead Chinese delegation to World Economic Forum in Davos next month – report
It means that China president, Xi Jinping, won't be attending the event once again. His last appearance was all the way back in 2017. China premier, Li Qiang, is the designated leader to spearhead the Chinese delegation - which is reported to include a large and...
SNB’s Jordan: We believe monetary conditions are appropriate at the moment
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’s DIW institute revises down GDP forecasts following budget 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,...
Beijing to lower minimum down payment for new mortgages
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,...
SNB’s Jordan: We are no longer focusing on forex sales
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 Expect Interest Rates to Fall to 4.60% in 2024, Buyers Pounce!
Fed Expects Interest Rates to Fall to 4.60% in 2024, Buyers Pounce! The Federal Reserve gives its first clear signal that rates will be cut in 2024! Analysts expect the Federal Fund Rate to decline to 4.50%. The USA100 is close to breaking its all-time highs after...
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SNB leaves policy rate unchanged at 1.75% as 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,...
European stocks push to fresh record highs after dovish Fed
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,...
Spain November final CPI +3.2% vs +3.2% 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,...
Switzerland November producer and import prices -0.9% vs +0.2% m/m 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,...
BOE expected to push back against pricing of “premature” rate cuts – Barclays
The firm expects the policy guidance by the BOE to be maintained, so as to mention that the more restrictive policy will be maintained "for an extended period". Adding that recent data "have not provided firm evidence on the persistence and strength of the medium-term...
The risks are leaning towards earlier and larger rate cuts by the ECB – Deutsche
The firm says that while the ECB should acknowledge the more positive inflation developments as of late, they will want to steer clear of declaring victory just yet. That should see the central bank maintain its policy guidance on keeping rates higher for longer in...
FX option expiries for 14 December 10am New York cut
There are quite a number to take note of, as highlighted in bold.The first ones are for EUR/USD, which could keep price action more contained just below 1.0900 before we get to the ECB later in the day. The most notable of those expiries is the one at the figure level...
Eurostoxx futures +1.2% in early European trading
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,...
ECB to not hint at any major policy changes for now – Societe Generale
Societe Generale says that the ECB won't rock the boat today as the central bank is expected to communicate a more neutral language on rates. They should acknowledge recent progress on inflation but will wait before declaring victory on that front just yet. The firm...
Central banks to continue to dominate the agenda in trading today
After a more dovish take by the Fed yesterday, will other major central banks also follow suit and deliver a similar message to wrap up the year? It was not really expected but after the surprise by Powell & co. yesterday, nothing can be ruled out in trading this...
Dollar continues to struggle post-FOMC
The greenback is sitting lower ahead of European trading as traders keep the post-FOMC reaction from yesterday going. It is a case of sell the dollar, buy everything else or a reversal of the theme that we have been accustomed to for most of 2022. USD/JPY is one of...