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 sells 20-year bonds 4.213% vs 4.198% WI
Prior was 4.780%Bid to cover 2.55 vs 2.36 prior, recent average 2.68The 20-year has the fattest yields on the curve but it wasn't enough as we get a 1.5 bps tail. I get the sense the market sniffed this out in the past few hours as yields moved up in a concession.US...
The U.S. Treasury to auction $13 billion of 20 year bonds at the top of the hour
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,...
Philadelphia Pres. Harker: The job on controlling inflation is not done
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,...
USDCAD hits new lows; traders battle between key levels
USDCAD bounces in the swing area on the daily chartThe USDCAD fell to a new cycle low and moved into a swing area between 1.3298 to 1.3320. The low price has reached 1.33146. The price has bounced back as traders leaned in the swing area on the first test. The price...
US stock indices in the green as Dow continues winning streak
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 latest Canadian population numbers are insane
Justin Trudeau showing off his housing plan (AI image)Here are net migration numbers for the developed english-speaking countries from June 2022-June 2023:USA +1,138,989 (+3.4) Canada +1,131,181 (+28.6) UK +672,000 (+10.0) Australia +518,087 (+19.7) NZ +101,518...
USDJPY struggles to break key resistance levels in volatile trading
USDJPY falls below 200 day MA and the 38.2% retracementToday's trading session saw the USDJPY experiencing notable fluctuations. The currency pair recorded a low of 141.425 and a high of 142.46. Notably, the high price neared the 200-hour moving average, stopping just...
EIA weekly US oil inventories +2909K vs -2283K 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 December consumer confidence flash -15.1 versus -16.4 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,...
US existing home sales November 3.82M vs 3.77M 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 consumer confidence 110.7 vs 104.00 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,...
Buyers are stuffing bitcoin in their stockings
The hype train around a bitcoin ETF continues to build and that's helped to to shrug off a recent pullback to rise back above $44,000. Until the ETF starts trading (or at least until it's announced) I can't see a reason to sell bitcoin. That pull is even stronger...
US indices lower in early US 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,...
ECB’s Lane: Disinflation is happening but not necessarily persistent
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,...
Euro perks back up as the dollar falls on declining Treasury yields
EURUSD 10 minsThe US dollar is coming under some pressure early in New York trading as Treasuries find a bid again. EUR/USD is up to 1.0960 from a low of 1.0934.The catalyst is yet-another bid in bonds that's pushed 10-year Treasury yields lower by 4.7 bps to 3.87%....
EURUSD faces resistance at key swing area as sellers look to regain control
EURUSD back higher testing the swing area. Key barometer.Seller in the EURUSD - helped by lower inflation numbers in Germany and UK - took the price of the EURUSD back below a swing area between 1.0958 to 1.0964 and the rising 100-hour MA (blue line currently at...
ECB’s Knot: A rate cut in the first half of 2024 rather unlikely based on current info
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,...
GBPUSD sharply lower as UK inflation data misses expectations
GBPUSD falls to support target.The GBPUSD has moved lower in trading today after better-than-expected inflation data sent UK yields lower and the GBPUSD lower as well. The UK CPI YoY came in at 3.9% which is still well above the 2% target but was much lower than the...
US Q3 current account deficit 200.3B vs 196.0B 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,...