ECBs Christine Lagarde's comments can be grouped into several key topics:Economic Outlook and Recovery Indicators:PMI a small signal that recovery conditions are coming into place.Some surveys point to growth further ahead.Incoming data signal weakness in near...
US stocks move higher. NASDAQ and S&P index up for the sixth consecutive day
The major US stock indices are opening higher on the day with the NASDAQ index leading the way. The NASDAQ and S&P are working on their sixth consecutive day to the upside. Over that period, the S&P has closed at record levels for four days in a row. Today...
Kickstart your FX trading for January 25 with a technical look at EURUSD, USDJPY & GBPUSD
In the kickstart video, I take a look at three other major currency pairs from a technical perspective - the EURUSD, USDJPY and GBPUSD. There was a slew of economic data in the US highlighted by the Advanced GDP for the 4th quarter which showed strong growth and tame...
GBP/USD Outlook: US GDP and Fed Decisions Take Centre Stage
Key Highlights · UK PMIs Lift Sterling: Recent robust UK PMI data has provided a boost to the GBP, reflecting resilience in the services sector.· Retail Sales Concerns: Unexpectedly sharp declines in UK retail sales have injected caution into market sentiment.· US...
Lagarde Q&A: The consensus was that it was premature to discuss rate cuts
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,...
Lagarde opening statement: Risks to economic data remain tilted to the downside
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,...
Watch and listen live: Lagarde’s press conference
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,...
Canada November weekly earnings +4.1% y/y vs +3.9% 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 wholesale inventories advanced for December 0.4% versus -0.4% last month
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 December advance goods trade balance -88.46 billion vs -89.33 billion 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 durable goods for December 0.0% versus 1.1% estimate
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 214K vs 200K estimate
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 Q4 advance GDP +3.3% vs +2.0% 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,...
The first look at fourth quarter US GDP coming up next
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 leaves key interest rates unchanged in January monetary policy meeting
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: Markets wait on ECB, oil climbs higher
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,...
All eyes on Lagarde presser when it comes to the ECB today
The policy decision later should be a more straightforward one. There will be no changes in the key rates and the language and forward guidance will be similar to what we have gotten in December last month. There will not be any surprises on that front and that means...
UK January CBI retailing reported sales -50 vs -32 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,...
UK Treasury and BOE say that it is too early to decide on introduction of digital pound
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,...
Is TSLA stock a buy… I bet it is within this extreme dip buying plan
The recent earnings announcement from Tesla, last night on 24 Jan 2024, has resulted in a notable 7% to 8% decline in its stock price so far, sparking discussions among investors about potential buying opportunities. This situation has brought to light a unique...