Market Outlook for the Week of 18 – 22 March
We expect a busy week ahead with several significant economic events, but Monday will be relatively quiet, as is often the case, with no major data releases scheduled. Tuesday will…
Read More »Singapore Non-oil Domestic Exports (NODX) -4.8% m/m in February (expected -0.4%)
Singapore Non-Oil Exports for February 2024: -0.1% y/y expected +4.7%, prior +16.8% -4.8% m/m -0.4% expected and +2.3% prior — Singapore Non-oil Domestic Exports (NODX) measures the value of goods…
Read More »A technical review/preview for the major currency pairs vs USD for the week of March 18
EURUSD: 1:25GBPUSD: 4:50USDJPY: 8:50USDCHF: 13:50USDCAD: 17:00NZDUSD: 20:23 This article was written by Greg Michalowski at www.forexlive.com.
Read More »Gold slumps and braces around $2,150.00 as US inflation reaccelerates
Gold spot retreated from around the $2,180 area on Friday, printing back-to-back negative sessions as market players’ hope for the beginning of the US Federal Reserve’s easing cycle has been…
Read More »Canadian Dollar pumps brakes against Greenback after soft US sentiment figures
The Canadian Dollar (CAD) was mostly higher on Friday but stuck close to the day’s opening range against the US Dollar (USD) as markets shuffled in place ahead of the…
Read More »BOJ will likely ditch negative rates and yield curve control next week – MUFJ
The Bank of Japan meets on March 18 and 19. Like the subheading says, the news flow on a likely tightening of policy is relentless. The Nikkei had this: Bank…
Read More »EUR/USD Levels Off at Support Ahead of Key Fed Decision – Outlook & Analysis
This article looks at EUR/USD’s near-term outlook, examining potential technical scenarios ahead of the Fed decision next week.
Read More »Mexican Peso gains despite US inflation concerns, Banxico rate cut speculation
The Mexican Peso (MXN) begins Friday’s session printing minuscule gains against the US Dollar (USD) after hot inflation figures in the United States evaporated traders’ hopes for a rate cut…
Read More »Japan Suzuki: No longer in deflation, wage hike trend strong
Japanese Finance Minister Shunichi Suzuki said on Friday that Japan’s economy is no longer in deflation, and a strong trend of wage hikes is taking place.
Read More »Countries are making progress on central bank digital currencies, latest study shows
According to their latest update in March, 134 countries and currency unions – representing 98% of global GDP – are now exploring the idea of a central bank digital currency…
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