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 Recovers on Ueda’s Dovish Remarks, Critical Tech Levels Ahead
Most Read: Gold Price Outlook - Fundamentals & Technicals at Odds, What Now for XAU/USD?The yen posted small losses against the U.S. dollar on Friday, after a positive performance in the previous session, weighed down by comments by Bank of Japan’s Governor Kazuo...
Oil breaks $80 for the first time in nearly 4 months
Oil daily chart$80 WTI is important both psychologically and technically. It hasn't been up here since November 7, when questions began about OPEC+ unity. OPEC has held it together so far and global growth has been strong so far this year.Technically, I would look to...
US dollar takes a sharp turn lower after USdata slate
The market turned on a dime after a trio of US data releases all missed estimates.The US dollar was at the highs of the day shortly before the data, in part due to a stronger S&P Global manufacturing PMI and comments from Barkin that were more hawkish. The fear...
Comments from Waller and Logan focus on balance sheet
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Fed’s Goolsbee: Housing inflation is the thing that’s really been weird
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 February UMich final consumer sentiment 76.9 vs 79.6 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,...
US January construction spending -0.2% vs +0.2% 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,...
US February ISM manufacturing 47.8 vs 49.5 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,...
US Feburary S&P Global final manfacturing PMI 52.2 vs 51.5 prelim
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,...
Canada February S&P Global manufacturing PMI 49.7 vs 48.3 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,...
BOE’s Pill: My baseline is that the time for cutting rates is some ways off
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,...
ISM manufacturing highlights the US economic calendar today
Welcome to March trading. If you haven't read my March seasonals package yet, check it out.As the calendar turns over, the yen is giving back all of Thursday's gain while the rest of the FX market is still and oil is on a bit of a run.There is no early US data today...
Fed’s Barkin: Yesterday was a high inflation 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,...
Martin Schlegel a likely candidate to replace Swiss National Bank’s Jordan
SNB's Chairman JordanI can't think of a G10 central banker who has been at it longer than Thomas Jordan, he was a deputy at the SNB when the financial crisis started.In all, he's been at the central bank for 27 years but the 61-year-old told the SNB yesterday that he...
Goldman Sachs pushes back first ECB rate cut call to June from April previously
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 mixed, gold at one-month high
Headlines:Markets:EUR leads, JPY lags on the dayEuropean equities higher; S&P 500 futures down 0.1%US 10-year yields down 1.3 bps to 4.238%Gold up 0.5% to $2,054.10WTI crude up 1.5% to $78.61Bitcoin up 1.2% to $62,188There wasn't too much action in European...
Bond yields fall back lower in European morning session
It's been a choppy one for the bond market as 10-year yields in the US went up as high as 4.28% earlier only to fall back to 4.22% on the day now. The overall price action is still not really helping the bigger picture outlook, as outlined earlier here.But amid the...
Eurozone January unemployment rate 6.4% vs 6.4% 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,...
Eurozone February preliminary CPI +2.6% vs +2.5% 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,...