Here's a snapshot of dollar pairs as we look to get European morning trade underway today:USD/JPY is still higher by 0.6% but is well off earlier highs at the end of Asia trading around 153.50-60 levels, with the pair now easing back towards its opening gap higher of...
FX option expiries for 28 October 10am New York cut
There is just one to really take note of on the day, as highlighted in bold.That being for EUR/USD at the 1.0800 level. Alongside the 100-hour moving average nearby at 1.0802 currently, it is likely to keep a lid on price action in the session ahead. That especially...
ECB’s Wunsch: It is premature to discuss December policy decision
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,...
Japanese yen in the spotlight after weekend election
It's the first time in 15 years that Japan's ruling coalition loses its majority, with the LDP seeing their number of seats erased from 247 coming into the election to just 191 seats. Together with their coalition partner, Komeito, they only managed 209 seats this...
Reminder: Daylight savings concluded in Europe over the weekend
This serves as just a bit of a reminder and a heads up to the session ahead. For those unaffected, this will mean European markets opening an hour "later" than the time last week. The bright side at least is that there is a lesser lull in the handover to North America...
ForexLive Asia-Pacific FX news wrap: Yen, oil both sharply lower
Citi lowers its Q4 2024 Brent forecast to US$70/bbl (from $74/bbl)Bank of Canada Governor Tiff Macklem is speaking on Monday, October 28, 2024US election - Trump speaker calls Puerto Rico a pile of garbage, immediate backlashReports that McDonald’s (MCD) is to resume...
Citi lowers its Q4 2024 Brent forecast to US$70/bbl (from $74/bbl)
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,...
Bank of Canada Governor Tiff Macklem is speaking on Monday, October 28, 2024
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 election – Trump speaker calls Puerto Rico a pile of garbage, immediate backlash
The US election is very tight with different polls showing different results. Alienating a large swath of voters so close to the election does seem to be risky. A speaker at Trump's rally in New York on Sunday referred to Puerto Rico as a “floating pile of...
Reports that McDonald’s (MCD) is to resume selling Quarter Pounders in all restaurants
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,...
USD/JPY to a fresh session high above 153.80
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 reference rate for today at 7.1307 (vs. estimate at 7.1311)
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 vice fin min says further stimulus details after National People’s Congress session
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,...
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ICYMI, People’s Bank of China open market outright reverse repo operations facility
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,...
Weaker yen = stronger Nikkei relationship holding so far – Monday, October 28, 2024
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 7.1311 – 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...
People’s Bank of China launches monthly reverse repo oerations to ensure liqudity
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,...
More Asia FX verbal intervention – not the yen again (South Korea)
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Boeing said to be planning a US$15bn+ capital raising – as soon as Monday
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