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 Panetta: Rates need to come down
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,...
EURUSD Technical Analysis – The pair looks to be bottoming out
Fundamental OverviewThe strong bullish momentum in the US Dollar waned a bit in this final part of the week as we got a pullback in Treasury yields. In fact, the main culprit for the US Dollar strength lately has been the rally in long term Treasury yields. The yield...
Japanese yen still the only notable mover among major currencies so far today
Here is the snapshot of dollar pairs so far in European morning trade:Besides USD/JPY, other dollar pairs are not showing much appetite with light changes among the other major currencies. And that is despite the more negative risk flows we're seeing in equities....
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USDJPY Technical Analysis – We are testing a key support zone
Fundamental OverviewThe strong bullish momentum in the US Dollar waned a bit in this final part of the week as we got a pullback in Treasury yields. In fact, the main culprit for the US Dollar strength lately has been the rally in long term Treasury yields. The yield...
European indices see red at the open today
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,...
France October preliminary CPI +1.2% vs +1.1% 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 is possible that unforeseen negative effects could emerge with more rate hikes – Ueda
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,...
UK finance minister Reeves says government has more plans to bolster economic growth
She's still trying to thread the needle here but I reckon on the balance of things, the pound has taken to the budget quite well. It was a tough scenario as the currency had mostly expected negative takeaways from the budget. Tax hikes would've hit short-term growth...
BOJ governor Ueda: Will pay attention to upside risks to prices from weak yen
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,...
Germany September retail sales +1.2% vs -0.5% m/m 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,...
Germany September import price index -0.4% vs -0.4% m/m 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,...
BOJ governor Ueda comments on phrasing of needing time to scrutinise market risks
He says that back in August, they used the phrase of "we can afford some time" in scrutinising market risks because of the volatility back then i.e. a reason to pause. And he mentions that now, "we do not have to use that phrase today". However, he does note that they...
BOJ governor Ueda: Uncertainties surrounding Japan’s economy, prices remain high
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 Lagarde: Inflation goal is in sight
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 futures not impressed by big tech earnings so far
The losses so far today are largely led by tech, with Nasdaq futures down 0.7% currently. It comes despite Meta and Microsoft reporting earnings beat after the close, with Greg providing a comprehensive rundown of it all here.Is it a case of month-end timing? Or...
Inflation data remains in focus in Europe today
Major currencies are little changed for the most part with only the Japanese yen being the slight mover in the handover from Asia to Europe. It comes after the BOJ policy decision, in which the central bank left rates unchanged as expected.USD/JPY caught a whipsaw on...
ForexLive Asia-Pacific FX news wrap: Bank of Japan leaves rates unchanged, as 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,...
Goldman Sachs forecasts Bank of England to hold rates at Dec meeting (vs. prior 25bp cut)
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,...