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 sinks to fresh lows in over three months
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 October trade balance -€8.6 billion vs -€8.9 billion 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,...
UK November Halifax house prices +0.5% vs +1.1% 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,...
Germany October industrial production -0.4% vs +0.2% 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,...
Switzerland November seasonally adjusted unemployment rate 2.1% vs 2.2% 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,...
BOE to hold bank rate at 5.25% through to Q2 2024 – Reuters poll
It's a mixed call though, with roughly 48% of respondents predicting the first rate cut to come in Q3 (although this number is up from 38% in the November poll). Meanwhile, around 30% (or 20/68 economists) are penciling in the first rate cut to come in Q2 next year....
USD/JPY down at the lows for the week after Ueda meeting with PM Kishida
The pair is now down 0.7% to 146.30 and is closing in on the lows for the week as seen on Monday around 146.23 at the time. This comes after Ueda's comments from earlier today, adding to his meeting with Japan prime minister Kishida in the last hour.USD/JPY daily...
BOJ governor Ueda says had regular exchange of views with Japan PM Kishida
Ueda adds that there was no specific discussion on forex with Kishida, adding that the prime minister did not request any special demands either. Even if there was, he wouldn't really be at liberty to tell us now. No?In any case, Ueda confirms that his monetary policy...
A couple of light releases to move things along in Europe later
US stocks were dealt a bit of a setback yesterday and that is setting up for a bit more of a pensive mood ahead of European trading later. That comes despite a fall in Treasury yields, which are bouncing a little today with 10-year yields up 5.5 bps to 4.176%...
BOJ governor Ueda reportedly visits prime minister’s office
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,...
Dollar remains steady on the week, US jobs report awaited
The dollar is continuing to shrug off the prospect of falling Treasury yields as it would seem other major currencies are faring much worse amid markets aggressively pricing in rate cuts by central banks. The most evident case is the euro, which has fallen for six...
ForexLive Asia-Pacific FX news wrap: Ueda talks about exit, yen rallies
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,...
Bank of Canada speakers Thursday include Governor Macklem and Deputy Gravelle
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 from Bank of Japan Governor Ueda – important for wages to keep rising
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 Nov. USD trade figures show exports beat expectations while imports missed
Chinese trade data for November 2023In US dollar terms:Trade Balance 68.39bnvs. expected 58.0bn and prior 56.5bnExports +0.5% y/yexpected -1.1%, prior -6.4%Imports -0.6% y/yexpected +3.3% and prior +3.0%For the YTD:January - November trade balance is 748bn USDexports...
BOJ Gov Ueda on what on target inflation means to him, includes wage growth above 2%
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 has tumbled as Bank of Japan Governor Ueda spoke
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,...
What to expect from the European Central Bank: Rate cuts and inflation predictions
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 financial media: Analysts see space for interest rate & reserve requirement cuts
China Securities Journal with reports from analysts seeing scope for cuts to interest rats and the RRR.Yuan update, the offshore yuan, CNH finding a bid:***The Reserve Requirement Ratio (RRR) is a central bank regulation that sets the minimum amount of reserves each...