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,...
USD/JPY hits 141.00
The US dollar has weakened acrioss th board after the Federal Open Market Committee (FOMC) and Powell on Wednesday.Its lower still in Asia and most notably so against the yen. Apart from what has already been posted there is not fresh news, this is selling piling on...
USD/JPY decline ahead of Bank of Japan meeting, downside beyond meeting is uncertain
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,...
Japan’s ruling party introduces income tax breaks to alleviate the impact of price hikes
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,...
USD/JPY under 142.00
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,...
Berkshire Hathaway buys another half billion $ of Occidental Petroleum shares
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,...
Deflation threat looms in China as GDP deflator contracts for second consecutive quarter
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,...
175bp of rate cuts forecast from the Federal Open Market Committee (FOMC) in 2024
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 sets USD/ CNY reference rate for today at 7.1090 (vs. estimate at 7.1566)
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,...
Nasdaq system error causes stock chaos, orders cancelled
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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Australian dollar a little higher after the very strong jobs report
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 Nov. Employment change +61.5K (expected +11K) Unemployment rate 3.9% (exp 3.8%)
Labour market report from Australia for November 2023 is another massive rise in jobs. The 'participation rate' - i.e folks in the workforce or looking for work, also rose, which is most likely due to trying to cover the rising cost of living. This participation rise,...
People’s Bank of China expected to set USD/CNY reference rate at 7.1566 – 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...
Australian Consumer Inflation Expectations for December: 4.5% (prior was 4.9%)
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,...
Japan October Machinery orders +0.7% m/m (vs. expected -0.5%)
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,...
Some Federal Reserve officials changed their forecasts half way through the FOMC meeting
Here's an interesting tweet from the Wall Street Journal's Nick Timiraos:The Federal Open Market Committee (FOMC) meeting was held on Tuesday and Wednesday. So what Powell is saying is that some officials changed their minds halfway through the meeting.What are these...
USD/JPY is extending its losses, on approach to 142.00
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,...
UBS analysts expect only a modest upside for US and global equities in 2024.
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’s more aggressive easing path ignites speculation on timing of rate 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,...