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,...
Mainland China stock markets expected to open lower
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,...
PBOC sets USD/ CNY mid-point today at 7.1030 (vs. estimate at 7.1877)
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 Dollar Subdued Ahead of Fed Minutes; Setups on EUR/USD, USD/JPY, USD/CAD
Most Read: Gold Prices on the Rise, Confluence Resistance in Sight. What Now for XAU/USD?The U.S. dollar fell modestly on Tuesday on the back of subdued U.S. yields in a session lacking significant drivers. Volatility in the FX space, however, may accelerate later in...
Australian data – Q4 2023 Wage Price Index +0.9% q/q (vs. expected +0.9%)
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,...
PBOC is expected to set the USD/CNY reference rate at 7.1877 – Reuters estimate
People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate...
China fund manager makes bullish comments on Chinese sharemarkets
Remarks from China quant fund manager Lingjun Investment: Holds long-term bullish views on China stocks and will stick to long positionWill improve models to make trading smooth and balancedWill maintain normal market order and protect investor interestThere seem to...
Japan data: January exports beat expectations while imports came in lower than 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,...
China’s hefty rate cut is expected to provide an only marginal net stimulus to the economy
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,...
Australian data: Westpac Leading Index (January) -0.08% (prior -0.04%)
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,...
Reuters Tankan report for February shows a drop for services, slump for manufacturing
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,...
Amazon will replace Walgreens Boots Alliance in the Dow Jones Industrial Average
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,...
New Zealand data – Q4 PPI rises
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,...
UBS has raised it year-end S&P 500 target to 5,400
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 Americas FX news wrap: Canadian CPI cools, US dollar does a round trip
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 stocks close the day in the red to start the holiday shortened week
The major US stock indices are closing in the red to start the holiday-shortened week. The declines were led by the Nasdaq but the closing levels are closing near the midpoint of the days trading range after dip buyers reentered at lows. Looking at the closing...
Economic calendar in Asia Wednesday, 21 February 2024 –
The data point of most note today is that for wages in Australia, the Q4 2023 Wage Price Index (WPI). The WPI is the benchmark measure of wages growth in the country. In Q3 the 1.3% q/q jump was on the back of the Australian Fair Work Commission’s decision to raise...
Trade ideas thread – Wednesday, 21 February, insightful charts, technical analysis, ideas
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,...
NZDUSD backs off highs to retest a key short term retracement level
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 picture is dimming for the Canadian dollar
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,...