This continues the technical predicament from last week: EUR/USD feels the inevitable pull towards 1.0500 nextEUR/USD weekly chartThe drop yesterday was a notable one as we finally see EUR/USD crack below the 1.0500 mark. It has been a key technical support level to...
USD adding on a few points: AUD, CAD lower. USD/JPY back to its session high.
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PMI data back in the spotlight to wrap up the week
The dollar held a bit more of a mixed mood since trading yesterday with EUR/USD falling to its lowest levels since October 2023, breaking below 1.0500, but USD/JPY eased further as it dipped back under the 155.00 mark. It is making for a trickier end to the week with...
ForexLive Asia-Pacific FX news wrap: Gold, BTC up
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Federal Reserve Board Governor Michelle Bowman speaking Friday
Bowman speaking very late, but not, it appear, on monetary policy:2315 GMT / 1815 US Eastern timeFederal Reserve Board Governor Michelle Bowman speaks on artificial intelligence before the 27th Annual Symposium on Building the Financial System of the 21st...
Just over half of economists surveyed expect the Bank of Japan to hike rates in December
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European Central Bank President Lagarde, plus Nagel & Schnabel (& others) speaking Friday
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Swiss National Bank Chairman of the Governing Board, Martin Schlegel, speaking Friday
1230 GMT / 0730 US Eastern time: Speech by SNB’s Chairman of the Governing Board, Martin Schlegel, The SNB and its WatchersCarlos Lenz, Head of Economic Affairs, SNB is also speaking 1350 GMT / 0850 US Eastern time.This event, modeled after The ECB and Its Watchers,...
Trump Considers Warsh Serving as Treasury Secretary—and Then Fed Chair
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Goldman Sachs sees Brent price upside risks in short term, medium-term skewed to downside
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NZD has a quick drop
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PBOC says will prevent ‘one sided’ expectations on yuan
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RBA first cut forecasts from Australia’s 4 biggest banks
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US Senator says Federal Reserve should sell some of its gold reserves to buy bitcoin
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UBS – British pound faces dollar dominance amid inflation and BoE rate cut
A note from UBS highlights that despite stronger-than-expected UK inflation data and a recent rate cut by the Bank of England, market sentiment remains bearish on the British pound.The pound briefly spiked above $1.27 against the dollar after Wednesday’s robust CPI...
PBOC sets USD/ CNY reference rate for today at 7.1942 (vs. estimate at 7.2502)
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Singapore official says trade tariffs could renew inflationary pressures, disrupt easing
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Japan preliminary November manufacturing PMI 49.0 (prior 49.2)
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USD/JPY dropped back to 154.00 (under) after above target CPI data and stimulus pack news
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