Netflix shares skyrocketed in the latter part of January, bringing cheers to all Netflix stockholders. But what's the story for other market players? Let's delve into what everyone should know about the surge in the streaming platform and how analysts see its...
HugeWin Casino is Redefining Crypto Gambling with a Rich Gaming Ecosystem
HugeWin Casino, a newly established platform as of January 2024, has quickly garnered attention in the cryptocurrency gambling landscape. Its user-centric approach, coupled with an extensive array of gaming options, underscores its emerging status within the...
Bank models say dollar selling the flavour for this month-end
Month-end hedging or rebalancing flows typically tend to pick up from the spot date (in this case, today) until the last day of the month itself. To start off the year, bank models appear to be signaling for mild but broad-based selling in the dollar.Credit Agricole's...
Dollar sluggish as lower yields weigh on the session
USD/JPY is down 0.3% to 147.75 currently as lower Treasury yields is weighing on the pair. 10-year yields in the US are down to 4.10% and that is putting a slight drag on the dollar. The fall is still largely contained by the 200-day moving average though, which...
ECB’s Kažimír says rate cut in June is more probable than in April
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 Outlook for the Week of January 29th – February 2nd
As usual, Monday is expected to be a relatively quiet day with nothing significant on the calendar. Moving on to Tuesday, Switzerland is set to reveal the KOF Economic Barometer, while the U.S. will get the CB Consumer Confidence and JOLTS Job Openings data.Wednesday...
ECB’s Centeno says should start interest rate cuts sooner rather than later
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,...
The Week Ahead – Earnings, Central Banks and Geo-Political Tensions!
Tensions rise in the Middle East as three US Soldiers are killed in a base near the Syrian-Jordan border after being attacked by Iran-backed militants. Crude Oil price opens 1.15% higher. Gold rose 0.63% on Monday due to rising tension in the Middle east. Traders are...
SNB total sight deposits w.e. 26 January CHF 472.2 bn vs CHF 473.4 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,...
BDSwiss Soars in 2023, Eyes New Heights in 2024
The prominent CFD broker BDSwiss had a remarkable 2023, characterised by industry recognition for its optimal trading conditions offered to its clients and exceptional IB and affiliate relationships. In Asia, the company's unwavering commitment to its partners was...
European equities mostly little changed to start the day
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 de Guindos: We will cut interest rates when we are sure of meeting 2% inflation goal
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,...
UK public inflation expectations declined in November and December last year
In October, UK public inflation expectations for the 12 months ahead were at 4.2% but that fell to 3.9% in November and then to 3.5% in December last year. The declining trend is a positive takeaway at least but there is a risk of price pressures becoming more...
FX option expiries for 29 January 10am New York cut
There aren't any major expiries to take note of on the day. As such, trading sentiment will rely more on action in the bond market and overall risk mood to start the week. Treasury yields are slightly lower so far, so that could impact the dollar slightly as we look...
Major currencies little changed on the day, pre-FOMC lull kicking in?
The main story over the weekend was more on the geopolitical front and that is seeing some moves in the commodities. As for FX, things are looking like a bit of a dud as perhaps the pre-FOMC lull is kicking in. Here's a snapshot of dollar pairs so far today:It's a...
Welcome to Fed week
It's time to spin the wheel again in trading this week. All eyes are on the Fed to see what message will they deliver to markets about their future policy outlook. An eventual pivot seems imminent but will policymakers start hinting at that as early as this week? Or...
ForexLive Asia-Pacific FX news wrap: Mid-East tensions jump higher again
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,...
Oil has fallen back from its gap higher at Monday’s open – has the supply dynamic changed?
Oil opened with a gap up in Sunday evening (US time) futures trade:Escalation in the Middle East centred on two recent items:Late last week a Trafigura-operated fuel tanker was hit by terrorist missiles.Over the weekend three US servicemen were killed in an...
Chinese authorities urgency to prop up the stock market should support AUD
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,...
Confirmed – A HK court has ordered the liquidation of China Evergrande Group
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,...