China’s April CPI +0.3% y/y (vs. +0.1% expected) and PPI -2.5% (expected -2.3%)
For the y/y data: CPI +0.3% continuing to claw its way out of deflation this is the third consecutive month of above zero CPI y/y expected +0.2%, prior +0.1% PPI…
Read More »We got a teaser yesterday of what to expect in trading next week
It was a quiet one yesterday up until the release of weekly jobless claims in the US. The release here was weaker than estimated and that kicked off more fears…
Read More »It is shaping up to be another one of those days
Besides some of the typical yen volatility as of late, major currencies are in a pretty dull mood today. The ranges for dollar pairs speak for themselves as seen below….
Read More »PBOC is expected to set the USD/CNY reference rate at 7.2202 – Reuters estimate
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the…
Read More »PBOC is expected to set the USD/CNY reference rate at 7.2127 – Reuters estimate
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the…
Read More »How is the Fed outlook shaping up after the FOMC meeting and Powell’s presser?
There were fears of a more hawkish leaning by the Fed going into the FOMC meeting yesterday. But the statement language itself didn’t offer up too much and Powell also…
Read More »It is a market holiday in Europe today
European markets will be closed today in observance of Labour Day. As such, it should be a quieter session before we get to US trading later. London will be open…
Read More »PBOC is expected to set the USD/CNY reference rate at 7.2459 – Reuters estimate
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the…
Read More »News is making people miserable
At ForexLive, we work in the news business and I make it our mission to deliver news and analysis that can help people make money in financial markets, or at…
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