The US dollar has mostly given back its CPI gains.Fixed income has foreshadowed the move with US 2-year yields now down 3.6 bps on the day to 4.33% from a high of 4.39% after the data.The thinking for the FX market is: If bonds aren't worried about inflation, why...
Kickstart your FX trading for January 11 with a look at the EURUSD, USDJPY and GBPUSD
The US US CPI data was on the high side with the core CPI rising by 0.3% and 3.9% on MoM and YoY. The headline also rose by 0.3% and increased to 3.4% from 3.1% last month.That sent the USD higher on the initial reaction at least.In this video, I take a look at the...
Bitcoin near the highs of the week as max bitcoin ETF hype is set to hit
Bitcoin 30 min chartBitcoin is up nearly 4% and at the highs of the day at $47,655.Money is rolling in with the ETF hype-machine peaking as trading is set to start at the bottom of the hour. The question is whether this will be a sell-the-fact trade or not. One spot...
US initial jobless claims 202K vs 210K estimate
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,...
US December core CPI 3.9% y/y versus 3.8% y/y 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,...
It’s inflation day: US CPI report coming up next
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,...
ForexLive European FX news wrap: Dollar sluggish amid lower yields ahead of CPI showdown
Headlines:Markets:NZD leads, USD lags on the dayEuropean equities a little higher; S&P 500 futures up 0.1%US 10-year yields down 3.6 bps to 3.994%Gold up 0.5% to $2,033.21WTI crude up 2.0% to $72.81Bitcoin up 2.6% to $47,198It was a rather sluggish session overall...
BOJ reportedly considers lowering price outlook for fiscal year 2024 to middle 2% range
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 steadies in European morning trade, inflation numbers in focus
Yields are lower and stocks are slightly higher but the dollar is finding itself in a steadier spot so far on the session. It was slightly softer earlier in Asia but now, we are seeing dollar pairs keep little changed with most trading flattish. That being said, the...
Title: Bitcoin Gets its SEC Approval, Stock Investors Await Inflation Data!
• Institutions and investors have their eyes fixed on today’s US Inflation rate. Analysts expect the Consumer Price Index to read 0.2% and Core CPI 0.3%. • The US Securities and Exchange Commission gives a Bitcoin Spot ETF the green light, but...
🚘 2월말까지 주유소 꼭 가세요! 2024년부터 달라지는 자동차 제도 6가지!
https://www.youtube.com/watch?v=PziGYQ2xyS8 운전하시는 분들이 알고 계시면 도움이 되는 2024년 달라지는 자동차 관련 제도들을 소개해 드립니다. 2024년부터 이렇게 달라집니다」 책자 다운로드 링크...
Yields lower as the wait continues ahead of the US CPI data
The lower bond yields today is helping to see the dollar keep more sluggish to start European trading. At the same time, equities are also keeping slightly higher on the day. However, it's tough to read much into it when everything could still change after we get to...
BOJ branch managers hint at divergence on higher wages between smaller and bigger firms
Here are some comments from the BOJ branch managers for Osaka and Nagoya:Many firms in Kansai region have yet to reach decision of wages (Osaka)Some big firms appear keen about wage hikes, though there is divergence among smaller firms (Osaka)Many firms aware of the...
China confirms premier Li Qiang to attend WEF in Davos this month
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’s Villeroy reaffirms commitment to get inflation back to 2% by the end of 2025
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 11 January 10am New York cut
There aren't any major expiries for the day. And on a day like this, the expiries board may not matter too much. All eyes are on the US CPI data coming up later and that will be the key driver for trading sentiment.The reaction to the data could see the expiries for...
US CPI data the center of attention in trading today
Here are some previews to wrap your heads around the release coming up later:I'm not going to go into too much details on the estimates as such. The bottom line is that the headline reading is estimated to be a little "sticky" at 3.2% y/y while the core reading is...
BOJ maintains assessment for 6 of Japan’s 9 regions in latest Sakura 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,...
ForexLive Asia-Pacific FX news wrap: USD fell as we await CPI data
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,...
Got oil? Warren Buffett’s Berkshire Hathaway went on a buying frenzy of Occidental 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,...