Western Japan was hit by a 7.6 magnitude earthquake that led to a 1.2 meter tsunami.Japanese TV has shown fires in Wajima city and there are reports of numerous injuries and stuck in collapsed buildings. The event is a reminder of the magnitude 9 earthquake that led...
Bank of Israel cuts benchmark rate to 4.50% from 4.75%
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,...
Weekly Market Outlook (02-05 January)
UPCOMING EVENTS:Tuesday: China Caixin Manufacturing PMI, Canada Manufacturing PMI.Wednesday: Switzerland Manufacturing PMI, US ISM Manufacturing PMI, US Job Openings, FOMC Minutes.Thursday: China Caixin Services PMI, US Challenger Job Cuts, US ADP, US Jobless Claims,...
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USD/JPY Q1 Technical Forecast: Will the US Dollar Downtrend Endure?
This article zeroes in on the yen's technical outlook for Q1, 2024. Unlock a more detailed analysis of the Japanese currency's fundamental profile for the next three months with our free first-quarter forecast. Request the guide now! Recommended by David Cottle Get...
Five risks for the Canadian dollar in 2024
1) House pricesEight weeks ago, we might be having a very different conversation about Canadian housing. Yields were rising and central banks were offering no hints about cutting rates. Pain was certainly in the pipeline and a hard housing landing in the spring was...
1월부터 신청! 운동삼아 일하고 월 250만원 받으세요!
https://www.youtube.com/watch?v=9SR5Vqu1Qd4 오늘은 정말 중요한 일을 하는 정부 직접 일자리를 소개해 드립니다. 조금 이르게 시작해서 현재 모집 중인 곳도 있지만, 대부분 지자체에서 연휴가 끝나고 1월 2, 3일부터 본격적인 모집을 시작하니까 관심 있으신 분들은 오늘 영상 보시고 늦지 않게 신청하시면 좋겠습니다. #산림일자리 #산불감시원 #정부직접일자리 MoneyMaker FX EA Trading...
China Dec Manufacturing PMI 49.0 (vs. 49.5 expected) & Services 50.4 (50.5 expected)
China's Manufacturing PMI from the National Bureau of Statistics (NBS) for December has come in at its third straight month of contraction at 49.0, much worse than was expectedfrom 49.5 expected and 49.4 in NovemberServices at 50.4, a slight miss50.5 expected and 50.2...
[2024년1월부터 기초연금35만명 추가확대지원! 월54만원 못 받았다면 이렇게 신청하세요!]#3.1경제독립tv
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[2024년1월부터 기초연금35만원 추가확대지원! 월54만원 못 받았다면 이렇게 신청하세요!]#3.1경제독립tv
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Short USD/JPY – Rising Rate Cut Expectations and FX Intervention by the BoJ
Trade Smarter - Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter I am sticking with my short trade idea from Q4 2023. Although my Q4 idea paid off handsomely in the end, I still see...
What’s priced in for the Bank of Canada in 2024 and beyond
The Bank of Canada meets eight times in 2024 and right now the market sees five or six rate cuts.The first question is when will they start? The next BOC meeting is right around the corner on January 24 but it comes on the heels of a surprisingly-hot inflation report....
The 2023 forex trading year is done. Here are the closing changes
Happy New YearIt was a lively year in the FX market with the yen going on a particularly wild ride but ultimately it was the Swiss franc that came out on top as USD/CHF fell nearly 9%.At the other end of the spectrum was the Japanese yen as it was the G10 laggard for...
US major end the year with a down day
The major US stock indices could not keep the momentum going and is ending the day and the year with a down day. The declines today, however, were not large enough to close the week lower. As a result, the major indices are ending higher for the 9th consecutive week...
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Q1 Top Trade: Bullish Russell 2000 as Soft-Landing Scenario Gets Traction
Looking for new strategies for 2024? Explore the top trading ideas developed by DailyFX's team of experts Recommended by Diego Colman Get Your Free Top Trading Opportunities Forecast Get My Guide The Federal Reserve's unexpected pivot at its December monetary policy...
US 10-year yield finishes the year right where it began
The global asset that dominated the conversation in much of 2023 and particularly in Q4 was the 10-year Treasury note. However after a tumultuous year, it finishes nearly unchanged.The 10-year closed 2022 at 3.83% and it closes today at 3.87%. In the meantime it fell...
Big FX swings as the hours count down on 2023 trading
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’s the market’s state of mind going into 2024
At this time last year, everyone was fretting about a 2023 recession. That's the kind of setup that led to a 55% rally in the Nasdaq (with some help from AI) and a 24% rally in the S&P 500.How does the market feel going into 2024?Recession calls have disappeared,...
The yearly S&P 500 chart paints a compelling picture
SPX yearlyOh to have a time machine.A look at long-term US equities is a humbling exercise. The index started 1994 at 466, and while it suffered a loss that year, it has since risen 10-fold, paying dividends along the way. That's an incredible 30-year return.Skip...