In the last three weeks, we've seen market players move to aggressively price in rate cuts by major central banks. But this week, we finally get to see policymakers answer back to what they think of the market moves and whether or not they agree with the outlook. In...
Market Outlook for the Week of 11-15 December
The past week had numerous economic events, with the most notable ones in the U.S., particularly regarding labor market data. The nonfarm payroll figures printed slightly above expectations, the unemployment rate declined to 3.7% and average hourly earnings increased...
Q&A with RaiseFX: Cryptocurrency Trading, International Expansion, & Regulatory Excellence
Can you provide a succinct description of RaiseFX and its overarching philosophy in the world of online trading?David Bottin (DB): Absolutely. RaiseFX is not just an online broker; it's a paradigm shift in how we approach trading. We are a multi-awarded and...
Quiet trading so far but plenty still to come later in the week
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 Economy Remains Strong, But All Eyes on Tomorrow’s Inflation!
December has not failed to surprise investors with the US employment sector outperforming expectations and sending stocks soaring. Additionally, across the Pacific the World’s second largest economy also made public interesting inflation data which is in the spotlight...
SNB total sight deposits w.e. 8 December CHF 471.7 bn vs CHF 474.1 bn 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,...
BOJ reportedly sees little necessity to rush an end to negative rates this month
This was in part why the Japanese yen has started off on a weaker note in European morning trade, with the report stating that BOJ officials are seeing little need to hastily end negative interest rates amid a lack of evidence of wage growth that would support...
USD/JPY further retraces the Thursday drop from last week
USD/JPY daily chartThe high in the last hour touched 146.45 as buyers are retracing further the drop from Thursday last week, which came after markets interpreted BOJ governor Ueda's remarks to signal an imminent policy shift. That also squeezed out USD/JPY longs,...
European equities observe a more lethargic mood to start the new week
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,...
FX option expiries for 11 December 10am New York 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,...
A rather quiet calendar day beckons in European trading
The dollar is keeping steadier to start the new day as traders are gearing up for quite a number of key risk events in trading this week. We'll have the US CPI data coming up tomorrow before the FOMC meeting on Wednesday, followed by the SNB, BOE, and ECB policy...
Goldman Sachs brings forward expectations for Fed rate cut timing to Q3 next year
They note that: "Recent inflation data have been an encouraging surprise even to our optimistic expectations, and our forecast path for year-on-year core PCE inflation has fallen somewhat as a result. .. We are therefore pulling our forecast of the first cut forward...
ForexLive Asia-Pacific FX news wrap: USD/JPY rises above 145.50
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,...
China’s deflationary CPI data sends yuan to 3-week low
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,...
FOMC preview and look ahead – no rate cut in March 2024
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,...
Pensions giant invests US $20m into a UK crypto derivatives trading platform
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,...
Bank of America cautions investors on overly optimistic rate cut predictions
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,...
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USD higher in Asia trade – AUD notable loser
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,...
European Central Bank’s McCaul speaking on Greece on Monday
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,...