Fundamental OverviewThe USD continues to reign supreme despite the lack of catalysts. The main culprit for the recent strength in the US Dollar has been the rally in long term Treasury yields. The yield curve is bear flattening which is what you would expect with...
Peanut Protocol releases instant offramp
Peanut launches the first self-custodial offramp, allowing users to directly cash out any token on 20+ EVM chains to their bank accounts—without relying on centralized exchanges. This beta feature is being rolled out in the EU and US first.This new beta feature...
AUDUSD Technical Analysis – The greenback remains in the driving seat
Fundamental OverviewThe USD continues to reign supreme despite the lack of catalysts. The main culprit for the recent strength in the US Dollar has been the rally in long term Treasury yields. The yield curve is bear flattening which is what you would expect with...
USDJPY Technical Analysis – Higher Treasury yields revive the carry trade
Fundamental OverviewThe USD continues to reign supreme despite the lack of catalysts. The main culprit for the recent strength in the US Dollar has been the rally in long term Treasury yields. The yield curve is bear flattening which is what you would expect with...
USD/JPY extends gains to nearly 1% on the day now
USD/JPY daily chartThe dollar continuing to keep steadier on the week is helping to solidify the latest upside run in the pair, though the move today is largely driven by a much softer yen side of the equation. USD/JPY isn't the only yen pair on the move, with others...
Another bare calendar day beckons in Europe today
The Japanese yen is the main mover as we look towards European trading, with key technical resistance levels starting to give way for yen pairs in general. That is keeping things interesting in an otherwise lackluster last two European morning sessions. From earlier:...
Yen pairs keeping things interesting on the week
USD/JPY looks to be in the mood as it surges higher and is now closing in on the 152.00 level. The pair is pushing higher with the yen sliding as Japanese stocks are also dragged lower on the day. The Nikkei is now down 1.4% with little other catalysts driving overall...
ECB reportedly starting to debate whether rates need to go below neutral in latest cycle
The report says that ECB policymakers have already begun debating at what level do interest rates need to go in order to start stimulating the economy. The sources did say that any consensus is still a long way off though but it marks a significant turning point in...
ForexLive Asia-Pacific FX news wrap: USD/JPY rockets towards 152
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,...
Chinese Academy of Social Sciences calls for 2tln yuan bond issuance to stabilize stocks
The Institute of Finance at the Chinese Academy of Social Sciences (CASS) has published its latest Macroeconomic Financial Analysis Report, for Q3 2024,The think tanks suggests issuing 2 trillion yuan in special government bonds. This would be help establish a stock...
European Central Bank President Lagarde speaking today. Lane, Stournaras, Cipollone also
These are the scheduled speakers from the ECB, but a few more may well pop up in media interviews etc. Times below are GMT/US Eastern time:0900/0500 ECB policymaker Yannis Stournaras addresses economic conference. Stournaras is Governor of the Bank of Greece.1400/1000...
Bank of England Deputy Governor Sarah Breeden speaking Wednesday, October 23, 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,...
Federal Reserve speakers today include Bowman, Barkin
1300 GMT / 0900 US Eastern time: Federal Reserve Board Governor Michelle Bowman gives opening remarks on second day of the Eighth Annual Fintech Conference hosted by the Federal Reserve Bank of Philadelphia1600 GMT / 1200 US Eastern time: Federal Reserve Bank of...
Tokyo Stock Exchange employee under investigation for suspected insider trading
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 Japan Governor Ueda is scheduled to address IMF’s “Governors Talk” 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,...
Reserve Bank of New Zealand Governor Adrian Orr speaking at 1pm Washington DC time today
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,...
TD analysts forecast Bank of Canada to lower rates by 25 basis points today
Bank of Canada meeting outcome is due on Wednesday, October 23, 2024:at 1345 GMT / 0945 US Eastern timepress conference follows 45 minutes laterEarlier:Bank of Canada expected to cut by 50 basis points and continue cuts to end-2025***In a note from TD, analysts...
USD/JPY above 151.60 / AUD and NZD lower vs. USD also
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 7.1245 (vs. estimate at 7.1262)
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,...
Goldman Sachs says oil to average $76/bbl in 2025, sees two-sided risks
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,...