You have to wonder where USD/JPY would be if 10-year yields were still at 5%.As it stands, 10s are down 0.4 bps to 4.56% today after a 12 bps drop yesterday. Despite that, USD/JPY has been steadily climbing and briefly touched above 151.00. It's been a steady march...
Kickstart your FX trading for November 8 with technical look at EURUSD, USDJPY and GBPUSD
In this morning video on November 8, 2023, I kickstart the Forex trading day with a technical look at the EURUSD, USDJPY and GBPUSD. What are the biases, the risks, the targets for those three major currency pairs?The USD is higher across the board in trading today....
🔥 Is the S&P 500 Ready for a Bearish Reversal? Get Ahead with Expert Technical Analysis!
📈 Prepare for Jerome Powell's speech aftermath with our in-depth technical analysis! 🔍 Dive deep into the intricacies of the S&P 500 as we explore what the future holds post-Jerome Powell's crucial address. We're not just chart-watchers; we're chart-breakers. On...
Canada Sept building permits -6.5% vs -1.6% 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,...
Forexlive European FX news wrap 8 Nov || Calm before the Powell
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,...
Futures subdued ahead of Powell’s remarks
U.S. stock index futures were little changed on Wednesday as investors awaited Federal Reserve Chair Jerome Powell's speech at a conference to gauge his view on interest rates and the state of the economy.FULL STORYTreasury yields have retreated sharply from their...
PBOC: China faces challenges from slowing economic drivers incl property, infra and export
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,...
United States MBA 30-Year Mortgage Rate $USD Actual: 7.61% Previous: 7.86%
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 Nagel dismisses rate-cut talk, calls inflation ‘greedy beast’
ECB's Nagel dismisses rate-cut talk, calls inflation 'greedy beast'It is far too early to talk about cutting the European Central Bank's interest rates as inflation is a "very greedy beast" that is hard to beat, ECB policymaker Joachim Nagel said on Wednesday."This...
The @Newsquawk US Market Open: Equities in the red, USD bid & GBP lags; Fed’s Powell due
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 policymakers keen to cool euphoria over inflation drop
ECB policymakers keen to cool euphoria over inflation dropFULL STORYThe European Central Bank needs to see further progress in dampening inflationary pressures, and companies along with governments need to chip in to prevent more policy tightening, ECB policymakers...
Swiss respond to removal from US currency manipulation list
Swiss respond to removal from US currency manipulation listFULL STORYThe Swiss National Bank responded on Wednesday to the U.S. Treasury removing Switzerland from its monitoring list of countries that appeared to be manipulating their currencies.Switzerland had run...
Learn More About Risk of Bonds
Bonds are a common investment option for individuals looking to generate income or preserve capital. While bonds can offer steady returns and relative safety compared to other investment types, they are not without risks. Understanding the risks associated with bonds...
ECB’s Kazāks: Won’t Keep Interest Rates Elevated a Minute Longer Than Necessary
ECB’s Kazāks: Won’t Keep Interest Rates Elevated a Minute Longer Than NecessaryFULL STORY via @EconoStreamThe European Central Bank Governing Council member Mārtiņš Kazāks on Wednesday suggested that interest rates would be reduced as soon as it became appropriate to...
Tips On Recovering from a Blown Trading Account
A blown trading account refers to a situation where a trader has lost all the funds in their trading account. This usually occurs when a trader makes significant and consistent losses that deplete their trading capital to zero or even into negative territory. When a...
Fed’s Cook: ‘We must remain vigilant to potential shocks’
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 Retail Sales (MoM) (Sep) $EUR Actual: -0.3% Expected: -0.2% Previous: -0.7%
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 Makhlouf says new risks emerging as others fade
ECB's Makhlouf says new risks emerging as others fadeFULL STORYA large part of monetary tightening has yet to be passed through to the financial system and economy, and while some risks are fading, new vulnerabilities are emerging, European Central Bank policymaker...
ECB’s Lane: underlying inflation progress not enough
ECB's Lane: underlying inflation progress not enoughFULL STORYThe European Central Bank is seeing some progress in its efforts to push down underlying inflation but this is not yet enough, ECB chief economist Philip Lane told a conference in Riga on Wednesday.Lane...
BoE’s Bailey: Openness beats fragmentation
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,...