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,...
BOC’s Macklem: We may not have to raise rates further
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 210K vs 208K estimate
Prior week 198KInitial jobs claims 210K vs 208K estimate4 week moving average of initial jobless claims 207.5K vs 206.25K last weekContinuing claims 1.790 Mvs 1.740M estimate. Prior week revised to 1.727M from 1.734M 4 week moving average of continuing claims 1.724M...
September advance goods trade balance -$85.78B vs -$84.64B 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,...
US September durable goods orders 4.7% versus 1.7% expected
Prior +0.2% revised to -0.1%Durable goods orders 4.7% versus 1.7% expectednondefense capital goods orders ex air 0.6% vs +1.1% last month (revised up from 0.9%) Ex Transportation 0.5% versus 0.2% expected. Prior 0.5% (revised from 0.4%)Ex Defense 5.8% versus -0.7%...
US Sept wholesale inventories 0.0% vs -0.1% 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,...
US Q3 advance GDP +4.9% vs +4.3% expected
Final Q2 reading was +2.4% annualizedQ1 was +2.0% annualizedBest quarter since Q4 2021Estimates ranged from 2.5%-6.0%Details:Consumer spending +4.0% vs +0.8% priorConsumer spending on durables %GDP final sales +3.5% vs +4.5% expected (+2.3% prior)GDP deflator 3.5% vs...
ECB leaves key interest rates unchanged in October 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%Incoming information has broadly confirmed previous assessment of medium-term inflation...
The USD is the strongest and the EUR is the weakest as the NA session begin..
The USD is the strongest and the EUR is the weakest as the NA session begins. The major currencies ranking are showing relatively scrunched together. As a result, the rankings can shift around. Looking at the ranges vs the 22 day averages (see table below), the...
Nasdaq Composite Technical Analysis – Watch what happens around this trendline
This week started like the last one with a broader rally in the markets as the risk sentiment got supported by another lack of a ground operation in Gaza over the weekend and the positive news about a couple of hostages being released. Yesterday, on the other hand, we...
ForexLive European FX news wrap: Yen jumps for only a moment, equities stay in retreat
Headlines:Markets:USD leads, EUR lags on the dayEuropean equities lower; S&P 500 futures down 0.7%US 10-year yields up 1.9 bps to 4.972%Gold up 0.2% to $1,984.02WTI crude down 1.9% to $83.82Bitcoin down 1.6% to $34,107The session started with a focus on USD/JPY...
11월부터 건강보험료 줄어듭니다! 새롭게 시행되는 ‘소득정산제도’
https://www.youtube.com/watch?v=Bx-HAy7A6_g 11월부터 전체 건강보험 지역가입자분들이 부담하는 평균 보험료가 낮아지고, 작년 9월에 처음 도입된 건강보험료 정산제도가 역시 11월부터 최초로 적용됩니다. #건강보험료 #소득정산제도 #11월 MoneyMaker FX EA Trading...
GBPUSD Technical Analysis – New lows in sight
USThe Fed left interest rates unchanged as expected at the last meeting.The macroeconomic projections were revised higher, and the Dot Plot showed that the FOMC still expects another rate hike by the end of the year with less rate cuts projected in 2024.Fed Chair...
What can we expect from the ECB later?
There will no be no changes to key interest rates today and no tweaks to other policy instruments as well. So, that leaves very little for the ECB to work with and not much for markets to really scrutinise overall. It's going to be all about the language and how the...
UK October CBI retailing reported sales -36 vs -14 prior
That's a poor reading for the monthly retail sales balance as UK retailers suffer the joint-worst October on record, according to CBI. Retailers are seen cutting orders to suppliers and are expected to do so again in November and that does not bode well heading into...
USD/JPY steadies after the quick dip earlier
It's still a hard one to read as to whether or not the 90-pip drop in USD/JPY earlier had to do with Tokyo intervention. The size and speed of the fall is suggestive but then why all of a sudden at 150.70 and not at a level just above 150.00 again like before? There...
EURUSD Technical Analysis – Watch out for the breakout of the bear flag
USThe Fed left interest rates unchanged as expected at the last meeting.The macroeconomic projections were revised higher, and the Dot Plot showed that the FOMC still expects another rate hike by the end of the year with less rate cuts projected in 2024.Fed Chair...
Japan PM Kishida: Income, individual resident tax cuts desirable to hasten deflation exit
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,...
Market Update – October 26
Stocks and bonds were routed midweek. Tech shares were slammed after poor earnings news from Alphabet knocked its shares down nearly -10%, spreading gloom across the sector. A surge in Treasury yields added to the selloff. Meanwhile, ongoing signs of the strength in...
German firms remain pessimistic about business prospects for the year ahead
Only 13% of companies expect business to improve in the next 12 months35% of companies expect a deterioration in business conditions insteadBut current business situation is assessed more positively (30%) than negatively (21%)51% of companies see current economic...