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 stocks trading higher. S&P and NASDAQ at the highest levels since January 2022.
The major stock indices are trading higher in early US trading. The gains are led by the Nasdaq index.S&P and NASDAQ trades to the highest level since January 2022Dow Industrial Average trades at its highest level all-timeApple trades to a new record highAdobe...
Kickstart your FX trading on Dec. 14 with a technical look at the EURUSD, USDJPY & GBPUSD
After interest rate decisions from the Fed, Bank of England, and ECB, the market reaction is to sell the dollar. The Fed was considered more dovish. The Bank of England was more hawkish and the ECB was probably in between, but that has not stopped the USD from moving...
Lagarde Q&A: We need to see more data on wages
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,...
Canadian November home prices -1.1% m/m – CREA
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,...
Lagarde opening statement: The risks to economic growth remain tilted to the downside
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,...
Watch live: Lagarde’s ECB press conference
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 November import prices -0.4% vs -0.8% 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 initial jobless claims 202K vs 220K 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 November retail sales +0.3% vs -0.1% 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,...
Canada October manufacturing sales -2.8% vs -2.7% 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,...
ECB leaves key interest rates unchanged in December monetary policy meeting
Prior decisionMain refinancing rate 4.50% vs 4.50% expectedPrior 4.50%Deposit facility rate 4.00% vs 4.00% expectedPrior 4.00%Marginal lending facility 4.75%Prior 4.75%Inflation has dropped in recent months but likely to pick up against temporarily in the...
BOE’s Bailey: We cannot say that interest rates have peaked
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 extends post-FOMC slump, SNB and BOE on hold
Headlines:Markets:JPY leads, USD lags on the dayEuropean equities higher; S&P 500 futures up 0.3%US 10-year yields down 9 bps to 3.943%Gold up 0.5% to $2,036.81WTI crude up 1.7% to $70.63Bitcoin up 0.3% to $43,136The dollar continued its post-FOMC slump alongside...
Pound gains as BOE offers no pivot, at least for now
The pound has moved higher across the board as the BOE signals a "hawkish" hold but essentially, it is just maintaining the status quo from November. The bar for sounding hawkish is an awfully low one at the moment, after the Fed's extremely dovish take yesterday....
Winter is Coming: How Prepared is Europe to Withstand it?
●For approximately 500 days (in 2021–2023), Europe was gripped by an unprecedented energy crisis that was characterised by record-high prices—especially for natural gas. ●Supply issues induced by the changing geopolitical landscape have been the central cause of the...
Dollar stays in retreat mode alongside bond yields on the day
It's been more or less a straightforward one so far in European morning trade, with traders sticking with the sell the dollar, buy everything else mood. The more dovish Fed yesterday is the main driver still, all before we get a more of a mix of the BOE and ECB later...
EUR/USD hopes to build on post-FOMC breakout, awaits ECB next
EUR/USD daily chartSince the retreat from 1.1000 at the end of last month, the pair was caught in and around the 100-day (red line) and 200-day (blue line) moving averages. But after the dollar slumped following the FOMC meeting yesterday, buyers took the call to...
Ifo institute cuts German GDP forecast for next year
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,...
IronFX’s Eventful Journey: Reflecting on 2023 and What Lies Ahead in Upcoming Events
As 2023 draws to a close, IronFX reflects on the year’s eventful journey and what lies ahead for industry events in 2024. Leading global provider of foreign-exchange trading IronFX has had an eventful year in 2023, actively participating in key industry events and...