Fundamental OverviewThe US Dollar remains the strongest currency but overall, we haven’t got much action in the past couple of weeks due to the lack of key catalysts and the market’s pricing remaining largely unchanged around roughly three rate cuts by the end of...
ECB’s de Guindos: Concerns about high inflation have shifted to economic growth
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German economy minister says Trump tariffs threat must be treated seriously
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Gold keeps lower to start the week, what are the levels to watch?
Gold (XAU/USD) hourly chartThe drop this week sees price take a tumble from $2,700 with the low earlier touching $2,605. That was held by the 38.2 Fib retracement level of the swing higher since the middle of November, seen at around $2,607 currently. That led to a...
ICYMI: Tariff man is back in action
A good ol' sense of déjà vu, eh? It's a throwback to the 2016 to 2020 era as Trump takes office again at the White House. And we didn't have to wait too long before his first attempt to rattle markets. In case you missed it, he tweeted that:"As everyone is aware,...
USD/CAD in focus as Trump threatens Canada with tariffs
USD/CAD daily chartFrom earlier: Trump threatens a 25% tariff on Mexico and CanadaAnd so it begins. The random Trump tweets sending waves across markets. The first victims are the Canadian dollar and Mexican peso. The former tumbled on the headline, with USD/CAD...
Japan PM Ishiba calls for cooperation from businesses on bigger wage hikes
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ForexLive Asia-Pacific FX news wrap: CAD smashed on Trump tariff threat
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Bank of England Chief Economist Huw Pill speaking in parliament on Tuesday
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European Central Bank speakers Tuesday include Mc Caul, Centeno
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FX option expiries for 26 November 10am New York cut
There are a couple on the board for the day, as highlighted in bold.They are all for EUR/USD and layered at the 1.0415, 1.0475, and 1.0500 levels. The one at 1.0500 ties together with the 100-hour moving average currently, so that is likely to keep a lid on price...
Here is a summary of the policies Trump has said he will pursue in his upcoming 2nd term
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China says ‘No one will win a trade war’ after Trump tariff threat
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Canada PM Trudeau and Trump spoke about trade and border security.
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Financial Times: Russia poised for cyber war in response to UK missile attacks
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Rhys Mendes, Deputy Governor, Bank of Canada, will speak on Tuesday
08:20 Bank of Canada Deputy Governor Rhys Mendes will speak at the Greater Charlottetown Area Chamber of Commerce in Prince Edward Island.The event is billed as: Rhys Mendes, Deputy Governor, Bank of Canada, will unpack how monetary policy worked to bring inflation...
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Barclays notes BoJ’s December meeting now “live” after inflation data
Synopsis:Barclays acknowledges that the Bank of Japan's (BoJ) December meeting is now "live" following surprising inflation data and Governor Ueda's recent remarks. While maintaining a January rate hike as their base case, Barclays highlights key factors that could...
Shanghai Securities News says possibility of a RRR cut in December
Shanghai Securities News cites analysts for the opinion that the People's Bank of China will possibly cut the RRR in December by 25bps-50bpsThey say the MLF yesterday paves the way. I'm not sure of that chain of causation though? ---The Reserve Requirement Ratio (RRR)...
PBOC sets USD/ CNY reference rate today at 7.1910 (vs. estimate at 7.2357): 26 November
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