Westpac have raised their FOMC fed funds forecast peak to 5.25%-5.5% from 4.75-5%
<p>Also:</p><ul><li><a href="https://ift.tt/8SW3izU" target="_blank" rel=&quo…
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Westpac have raised their RBA forecast: Peak cash rate to 4.1% (from 3.85%)
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RBNZ Silk says all rate hike options are on the table for the April meeting
<p>Karen Silk is Assistant Governor / General Manager of Economics, Financial Markets and Banking at the Reserve Bank …
US stocks recover and close higher on the day
<p>The major US stock <a href="https://ift.tt/wSpt1be" class="terms__main-term" id="eb50e0…
USD/JPY Mid-Day Outlook
Daily Pivots: (S1) 134.50; (P) 134.78; (R1) 135.19; More… USD/JPY’s rally continues today and intraday bias stays on the ups…
EUR/USD Mid-Day Outlook
Daily Pivots: (S1) 1.0581; (P) 1.0623; (R1) 1.0646; More… Intraday bias in EUR/USD remains on the downside. Corrective decli…
GBP/USD Mid-Day Outlook
Daily Pivots: (S1) 1.2009; (P) 1.2072; (R1) 1.2110; More… Outlook in GBP/USD remains unchanged and intraday bias stays neutr…
PBOC sets USD/ CNY central rate at 6.9028 (vs. estimate at 6.9028)
<p>People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.CNH is the offsh…
PBOC is expected to set the USD/CNY reference rate at 6.9028. – Reuters estimate
<p>PBOC CNY reference rate is due around 0115 GMT.</p> This article was written by Eamonn Sheridan at www.forexl…
WSJ: U.S. Considers Release of Intelligence on China’s Potential Arms Transfer to Russia
<p><a href="https://ift.tt/5z49Aid" target="_blank" rel="nofollow">The Journal cit…
US Dollar Rallies as Fed Minutes Point to More Hikes amid Upside Inflation Risks
The U.S. dollar, as measured by the DXY index, extended session gains after FOMC minutes showed that policymakers continue t…
RBNZ Orr: There are some early signs that inflation is abating
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EUR/USD Mid-Day Outlook
Daily Pivots: (S1) 1.0623; (P) 1.0661; (R1) 1.0683; More… Range trading continues in EUR/USD and intraday bias stays neutral…
USD/JPY Mid-Day Outlook
Daily Pivots: (S1) 134.48; (P) 134.85; (R1) 135.40; More… USD/JPY continues to lose upside momentum as seen in 4 hour MACD. …
GBP/USD Mid-Day Outlook
Daily Pivots: (S1) 1.2017; (P) 1.2082; (R1) 1.2177; More… Intraday bias in GBP/USD stays neutral and outlook is unchanged. A…
PBOC is expected to set the USD/CNY reference rate at 6.8776 – Reuters estimate
<p>The reference rate is expected to be weaker for the yuan given the overnight strength in the USD:</p><ul&g…
Goldman Sachs $100 / barrel oil forecast is getting trotted out again
<p>I seem to be posting the 'Goldman Sachs forecast $100 oil' around once a week or so. </p><p>Thi…
Australian wages data due today, likely to keep the pressure on RBA
<p>Australian wages data for Q4 2022 is due at</p><ul><li>11.30 am Sydney time</li><li>0…
Stocks close near lows
<p>It has been a rough day for the major US stock indices as they go out the day near session lows. It was the worst d…
Wednesday's US economic calendar is light on data
<p>The wonks say that central bank minutes add 'transparency' to debates about monetary policy and are pushing…
USD/JPY Mid-Day Outlook
Daily Pivots: (S1) 133.97; (P) 134.25; (R1) 134.58; More… Intraday bias in USD/JPY remains neutral at this point. On the ups…
EUR/USD Mid-Day Outlook
Daily Pivots: (S1) 1.0669; (P) 1.0687; (R1) 1.0703; More… Intraday bias in EUR/USD remains neutral and risk stays on the dow…
GBP/USD Mid-Day Outlook
Daily Pivots: (S1) 1.2018; (P) 1.2037; (R1) 1.2060; More… GBP/USD’s rebound from 1.1914 extends higher today but stays well …
RBNZ Shadow Board recommend +50bp interest rate hike this week at monetary policy meeting
<p>The Reserve Bank of New Zealand 'shadow board' is put together by the NZIER (the New Zealand Institute of E…
NZ Treasury says cyclone reconstruction will boost economic activity, RBNZ implications
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Trade ideas thread - Tuesday, 21 February 2023
<p>Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive tr…
Forexlive Americas FX news wrap 20 Feb: US and Canada holiday stalls trading activity
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