It's been a rather dull start to the week for European traders, with no major economic releases to deal with so far. Today will be no different but things should pick up with PMI data tomorrow and then the ECB on Thursday.Given the lack of data releases, the focus of...
Dollar slightly lower ahead of European morning trade
In case you missed it, from earlier:That's the big story news as we move towards European trading today. It is what is helping to prop up domestic stocks in China, though not by much. The Shanghai Composite is up just 0.1% while the CSI 300 is up 0.2% on the day. The...
USD/JPY holds lightly changed on the day after BOJ policy decision
The pair rose to a high of 148.54 as the BOJ left policy unchanged, before gradually slipping to near 148.00 now - trading flattish on the day. In the bigger picture, the 100-day moving average at 147.50 is the key technical level to watch. Hold above that and buyers...
ForexLive Asia-Pacific FX news wrap: China mulls $278bn stock rescue package. BOJ on hold.
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,...
More on China weighing stock market rescue package backed by $278 bln
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 popped a little after the BOJ announcement but has come back a little
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,...
BOJ announce no change to policy, 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,...
China plans to further restrict favorable tariffs on Taiwan
China plans to expand the suspension of favorable tariffs provided by a China-Taiwan trade agreement (Economic Cooperation Framework Agreement (ECFA)) signed in 2010China citing the result of Taiwan’s presidential elections according to a media report.Some officials...
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Bank of Japan policy decision is expected any time now
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 gaming regulator takes down draft rules to control spending in video games from site
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 chatter of a 278bn rescue package for China shares is supporting AUD/USD
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,...
Bloomberg headline: China mulls stock market rescue package backed by $278 bn
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,...
New Zealand Q4 inflation data due tomorrow – preview
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PBOC sets USD/ CNY central rate at 7.1117 (vs. estimate at 7.2033)
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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No change expected at the Bank of Japan policy meeting today: “I don’t think it is live”
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,...
Australian December business confidence rises to -1, from -8 in November
NAB business survey is conducted monthlyDecember business confidence -1, pick ups in mining and retail-8 in NovemberBusiness conditions index 7, says NAB: “Conditions eased in December and are now firmly around their long-run average level".Points from the...
Chinese financial media says the PBoC could cut its prime rates this 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,...
PBOC is expected to set the USD/CNY reference rate at 7.2033 – 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...