Dollar looks to settle lower after some back and forth trading this week
If the Fed wants to organise things in an orderly manner, the market sure isn’t letting them do so. The odds of a 50 bps rate cut dwindled after the…
Read More »ForexLive Asia-Pacific FX news wrap: USD/JPY swings again on BoJ comments
US firms optimism in China has fallen to its lowest level ever JPMorgan still expects a 50bp Federal Reserve interest rate cut next week Japan wholesale inflation dipped due to…
Read More »Weekly Market Outlook (29-02 August)
UPCOMING EVENTS: Monday: US Treasury Refunding Financing Estimates. Tuesday: Japan Unemployment Rate, Eurozone Flash Q2 GDP, US Job Openings, US Consumer Confidence. Wednesday: Japan Industrial Production and Retail Sales, Australia…
Read More »Euro (EUR/USD) Little Moved as ECB Leaves Rates Unchanged, September Meeting Now Key
The European Central Bank left policy rates unchanged earlier, inline with market expectations, with the September meeting, and updated staff projections, now key.
Read More »Weekly Market Outlook (15-19 July)
UPCOMING EVENTS: Monday: New Zealand Services PMI, PBoC MLF, China Industrial Production and Retail Sales, Eurozone Industrial Production, BoC Business Outlook Survey, Fed Chair Powell. Tuesday: Eurozone ZEW, Canada CPI,…
Read More »Market Week Ahead: ECB, Inflation, US Earnings, Tech Stocks
There is a lot going on next week including the latest ECB rate decision, a raft of high importance economic data, and a bunch of heavyweight US earnings
Read More »ECB’s Holzmann says further rate cuts by the Bank could slam EUR and spike inflation
Robert Holzmann is Governor of Austria’s central bank and a European Central Bank Governing Council member, billed by many pundits as the A1 hawk at the table. Holzmann spoke in…
Read More »EUR/USD holds positive ground above 1.0850 ahead of ECB rate decision
The EUR/USD pair gains ground around 1.0875 despite the recovery of the US Dollar (USD) during the early Asian session on Thursday.
Read More »US Dollar Price Action Setups: EUR/USD, AUD/USD, USD/CHF Levels to Watch
US dollar setups come into focus as data weakens. EUR/USD awaits ECB cut, AUD/USD eyes lower levels on waning risk appetite, and USD/CHF flashes overheating signals after a sharp drop
Read More »Dollar faces pressure as data talks once again
The report here was softer than estimated, with prices paid also easing back from April. The positive for the dollar? Employment conditions are still holding up well but that’s about…
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