The EUR is the strongest and the CAD is the weakestThe EUR is the strongest and the CAD is the weakest as the North American session begins. The USD mixed with gains vs the CAD, AUD, NZD and CHF, and declines or is the EUR, GBP. The USDJPY is unchanged. The low to...
German chancellor Scholz backs ECB actions on tackling inflation
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ForexLive European FX news wrap: Markets stay on edge as US CPI data looms
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Are Prop Firms Good for Beginners?
Proprietary trading firms have become increasingly popular over the last few years, with retail traders all looking to increase their trading capital and become funded traders. This begs the question, are prop firms good for beginners? The short answer is yes, prop...
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US October NFIB small business optimism index 90.7 vs 90.8 prior
Prior 90.8This marks the 22nd straight month that the index sits below its 50-year average of 98. As such, it reaffirms that small business sentiment is still struggling somewhat and that most of the growth in the US economy is powered by the strong consumer again. Of...
Fed’s Jefferson: Uncertainty on inflation persistence may warrant stronger policy response
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,...
Kishida set for high stakes meeting in shaping Japan’s next monetary policy steps
This will be a much anticipated meeting as Kishida had previously touted for big wage hikes next year that will exceed what we have seen this year. Considering what is at stake, this is something worth keeping an eye out for as it tees up the upcoming spring wage...
Dollar slips slightly against euro, pound; still awaiting US CPI data
The movement among major currencies has been rather dull in European morning trade but the dollar is losing some slight ground now against the euro and pound notably. EUR/USD is up 0.3% on the day to 1.0726 while GBP/USD is up 0.2% to 1.2305 currently. The moves...
Eurozone Q3 GDP second estimate -0.1% vs -0.1% q/q 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,...
Germany November ZEW survey current conditions -79.8 vs -76.9 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,...
Equities show cautious optimism on the session
Equities are holding some hopeful optimism so far on the session, with European indices posting slight gains and S&P 500 futures now seen up 0.2% on the day. It's not much but it points to some bias in trying to search for a push higher in stocks, following the...
Worldpay Releases Joint Report on Payment Behaviors
A veteran with 30+ years in the payments industry, Worldpay announces the release of its first research on payment behaviors and preferences in retail trading and investments. The findings have been shared with the general public on November 2 at Hong Kong Fintech...
Oil demand growth forecast raised, defying economic slowdown – IEA
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,...
Will the Fed stay the course?
Fed funds futures curveThe market pricing shows that the timeline for any rate cuts is roughly around June to July next year. And as mentioned here yesterday, it is not that much different from two months ago. So, what does that tell us?Essentially, it means that...
European equities open flat as markets wait on US CPI data
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,...
Spain October final CPI +3.5% vs +3.5% y/y 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,...
SNB’s Jordan: We will not hesitate to tighten monetary policy further if necessary
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,...
Switzerland October producer and import prices +0.2% vs -0.1% m/m 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,...