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…
Read More »ICYMI, People’s Bank of China open market outright reverse repo operations facility
ICYMI, China’s central bank, the People’s Bank of China, has to use it to trade with primary dealers in open market operations on a monthly basis PBCO says it’ll maintain…
Read More »EUR/USD ends Friday struggling to hold onto 1.08
EUR/USD trimmed a near-term rebound on Friday, slamming the door on a clean bullish recovery and keeping bids trapped near the 1.0800 handle to round out the trading week.
Read More »US Dollar steady as markets digest mid-tier data
The US economy remains robust with GDPNow tracking third-quarter growth at 3.4%.
Read More »Forexlive Americas FX news wrap: Consumer sentiment edges higher but market sentiment sags
US UMich October final consumer sentiment 70.5 vs 69.0 expected US September durable goods orders -0.8% versus -1.0% expected Canada August retail sales +0.4% vs +0.5% expected Canada Sept new…
Read More »Pound Sterling Price News and Forecast: GBP/USD climbs to three-day peak, approaches 1.3000
GBP/USD Price Forecast: Climbs to three-day peak, approaches 1.3000 The Pound Sterling recovered some ground and traded at around three-day highs of 1.2998 yet remained unable to crack the 1.3000…
Read More »Wall Street Journal poll puts Trump ahead of Harris, 47 to 45
The Wall Street Journal reports its latest national survey, finding that Trump is leading Harris by 2 percentage points, 47% to 45%. The journal caveats with: within the polls’ margins…
Read More »ECB’s Kazaks: The path for rates is clearly down
European Central Bank (ECB) Governing Council Member Martins Kazaks noted late Thursday that the case for European interest rates is very likely on the lower side.
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This Could Get A Whole Lot Worse…
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Read More »EUR/GBP pressured on speculation the ECB is sharpening its sword
EUR/GBP trades at two-year lows in the 0.8320s on Thursday, having fallen a quarter of a percent on the day mainly due to a softer Euro (EUR).
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