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 keeps more mixed amid tentative mood so far in European trading
The major currencies bloc is showing little change for the most part, with just some minor extensions to the narrow ranges from earlier. EUR/USD continues to sit flattish near 1.0800, with large option expiries also in play while USD/JPY is up by just 0.1% to 147.30...
Eurozone October retail sales +0.1% 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,...
UK November construction PMI 45.5 vs 46.3 expected
Prior 45.6This marks another contraction in UK construction activity with another sharp fall in house building weighing on the overall sector. Meanwhile, employment conditions also declined for the first time in ten months and that alludes to some softening in labour...
Germany November construction PMI 36.2 vs 38.3 prior
Prior 38.3There remains a sustained downturn in new orders for Germany's construction sector, with housing activity - once again the worst performer - seeing yet another sharp fall on the month. This is the lowest reading in roughly 3½ years. Demand conditions remain...
BOJ shares details of its first monetary policy review workshop held on Monday this week
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 equities lightly higher as the session gets underway
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,...
S&P 500 analysis: Bulls vs Bears, who’s in control?
S&P 500 Market OverviewAs the S&P 500 navigates a critical juncture, astute ForexLive traders must remain vigilant in understanding the interplay between bullish and bearish forces. This analysis delves into the current market dynamics, emphasizing the...
Germany October industrial orders -3.7% 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,...
FX option expiries for 6 December 10am New York cut
There is just one to take note of, as highlighted in bold.That being for EUR/USD at the 1.0800 mark, which could act as a bit of a magnet for price action considering the lack of appetite we're seeing so far today. The pair is still sitting within a 13 pips range only...
No specific prediction on how BOJ can judge sustained achievement of price goal – Himino
The BOJ is in a race up against the clock right now but perhaps that might not matter too much. As noted in yesterday's post here, policymakers will still spin the narrative to however they want and not what might make sense to you or me."For now, both the headline...
A light trading session beckons in Europe today
The plunge in bold yields yesterday didn't do much to harm the dollar but traders will perhaps have to tread more carefully as we get closer to the US non-farm payrolls on Friday. And the ADP employment change roulette today will be one that could have more impact...
BOJ’s Himino: Don’t have a preset schedule in mind on exit from easy policy
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,...
AUD/USD looks to try and undo yesterday’s technical setback
The post-RBA drop yesterday saw AUD/USD took out its 200-day moving average (blue line) and that is the key technical point of contention today, with the pair up 0.5% to 0.6580 currently:AUD/USD daily chartThe key level is sitting at 0.6577 and if buyers can push back...
ForexLive Asia-Pacific FX news wrap: FX intervention from Chinese State Banks, yuan buying
S&P and Fitch have both not changed China's rating nor outlookBOJ deputy governor Himino spoke earlier: recapWhy gold may no longer be the ideal investment for inflation hedgingFurther reports of Chinese state banks FX intervention to support yuan, selling...
S&P and Fitch have both not changed China’s rating nor outlook
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 deputy governor Himino spoke earlier: recap
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,...
Why gold may no longer be the ideal investment for inflation hedging
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,...
Further reports of Chinese state banks FX intervention to support yuan, selling USD/CNY
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,...
Goldman Sachs proprietary “Panic Index” is near 0 (no one is a bear)
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,...