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 major indices trading marginally lower as stock trading gets underway for the week
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 Lagarde: PEPP will be discussed in the not so this the future
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,...
Kickstart your FX trading for Nov 27 with a technical look at EURUSD, USDJPY and GBPUSD
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’s Lagarde: Euro area activity has stagnated in recent quarters & likely to remain weak
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,...
German finance ministry: Cabinet agrees on a draft of 2023 supplementary budget
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,...
Expected sales data from Black Friday/Cyber Monday
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 New home sales will be released at 10 AM ET
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: Dollar softens in mixed trading, gold shines
Headlines:Markets:NZD leads, USD lags on the dayEuropean equities lower; S&P 500 futures down 0.1%US 10-year yields down 1.6 bps to 4.468%Gold up 0.5% to $2,012.43WTI crude down 1.2% to $74.65Bitcoin down 2.4% to $36,938The session started off slowly with a more...
Cable travels to near three-month highs as dollar struggles
It's not looking too good for the dollar right now with USD/JPY pushing back past below 149.00 and down 0.4% to 148.87 currently. It comes as yields are starting to tilt a little lower on the session and we are also seeing broader moves extend elsewhere, especially in...
The real test for the bond bond market can now begin
The key thing to note about the bond market last week was that we saw 10-year Treasury yields bounce off its 100-day moving average just below 4.40%. It is now holding around 4.465% on the day, down 2 bps as business-as-usual flows start to return after the...
PBOC says prudent monetary policy will be forceful and precise
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 November retailing reported sales -11 vs -36 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,...
NZD/USD also eyes a stronger technical break higher to start the new week
NZD/USD daily chartThe antipodeans are the ones doing some work to start the new week, with AUD/USD testing waters near 0.6600 now and eyeing a stronger technical break as seen here. And NZD/USD is also facing a somewhat similar scenario as it runs up against its own...
Market Outlook for the Week of November 27 – December 1
Following Thanksgiving in the U.S., this week is expected to start slow, with a relatively quiet economic calendar for the FX market.On Monday, attention will turn to the United States for the release of New Home Sales data.On Tuesday, we'll get the release of BoJ's...
SNB total sight deposits w.e. 24 November CHF 473.7 bn vs CHF 476.9 bn 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,...
Month-end cautious approach
A wait-and-see stance is all but assured at the last policy meetings of 2023 for the key central banks, the FOMC, ECB, BoE, BoC, and BoJ. Disinflationary trends in the West have afforded central bankers the opportunity to move to the sidelines to observe. But we and...
Beijing Stock Exchange reportedly calls for ‘major shareholders’ to refrain from selling
As a bit of background, the bourse was only conceived two years ago and is mainly used to facilitate funding for "little giants" i.e. innovative small companies. It has faded into obscurity somewhat though amid a lack of investor interest. Nonetheless, 'major...
European stocks marginally lower to start the trading 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,...
FX option expiries for 27 November 10am New York cut
There aren't any significant expiries that are close to, or might influence, spot levels on the day. As such, the more mixed and tepid trading sentiment is likely to keep up in the session ahead before US traders enter the fray. There will be bigger fish to fry in the...