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,...
JP Morgan’s 2024 US Economic Outlook: Federal Reserve to start cutting rates in H2 of 2024
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,...
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New Zealand Q3 PPI rises sharply from Q2
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,...
New York Fed official says the Treasury market is functioning smoothly, no dysfunction
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,...
Xi promises further opening of China’s economy, will he deliver?
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 Americas FX news wrap: USD/JPY slides as yields drop
Markets:WTI crude down $3.83 to $72.83US 10-year yields down 8.8 bps to 4.45%S&P 500 flatGold up $22 to $1980JPY leads, AUD lagsThe market is focused on economic data right now and that was abundantly clear with the release of initial jobless claims. The numbers...
Flat day for US equities
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,...
Economic calendar in Asia 17 November 2023 – New Zealand, Singapore data
In addition to the NZ data listed in the screenshot there are Singapore Non-oil Domestic Exports (NODX), October, data due at 0030 GMT (1930 US Eastern time) and China Foreign Direct Investment (FDI), also October, data due at 0700 GMT (0200 US Eastern time)This...
Trade ideas thread, Friday, 17 November – Charts, Analysis, and Trade Ideas for Discussion
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,...
Japan’s Kishida to meet China’s Xi on Thursday
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,...
The GBPJPY dips to the 100 hour MA and pauses. Can the price break below?
GBPJPY has tested the 100 hour MA two times todayThe GBPJPY is down for the 2nd consecutive day after peaking on Tuesday at the highest level since November 2015. The move down today reached 186.81, and at the time, they price tested its 100-hour moving average (blue...
Crude oil settle at $72.90
The price of crude oil tumbled $3.76 or 4.9% at $72.90. The low price reached the $72.22. The high price was up at $76.58. The low price i reached its lowest level going back to July 7. At the low, the price tested the low of 8 swing area between $72.30 and $73.31....
GBPUSD stays below key cluster of upside technical targets keeping sellers in play/control
The GBPUSD moved higher today, but at session highs, the pair tested but could not get above the 38.2% retracement of the move down from the July high to the October low. That level comes in at 1.2458. The high price today reached 1.2455.The subsequent move to the...
Credit Agricole: What Would it take to trigger a sustained USD/JPY turnaround?
USDJPY weeklyCredit Agricole's latest analysis highlights the complex dynamics affecting the Japanese yen noting that a sustained recovery in JPY value hinges on shifts in global risk sentiment and potential action from the Bank of Japan.Key Points:JPY's Brief...
Three Fed officials see case for ‘considerable Fed balance sheet decline’ – 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,...
Fed’s Mester: I am expecting growth to slow below trend
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,...
30-year old Millenials are way behind Boomers at the same age on home ownership
Millennials and those after them often complain about the difficulty in owning a home today compared to prior generations. Is there anything to that complaint?.The St Louis Fed looked at the data and found:At age 30, only 38% of college-educated millennials owned...
Crude oil plummets, hitting 5% drop
The price of WTI crude futures continues its decline with a move below the $73 level. It just traded to a low of $72.76 which took the price down close to 5% on the day.The demand concerns are the catalyst today with initial jobless claims in continuing claims showing...
NY Fed’s Nordstrom: Foreigners bolstering treasury holdings adjusted for market valuations
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,...