ICYMI - China's use of yuan to buy Russian commodities surges
Via Reuters, citing "multiple trading executives with direct knowledge of the matter" China has dramatically inc…
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McCarthy says hasn’t been enough progress for Congressional leaders to meet with Biden
More on this earlier: Biden's meeting with Congressional leaders on debt ceiling has been postponed US House Leader …
Ex- Bank of England monetary policy maker Saunders sees inflation undershooting, rate cuts
Following Thursday's Bank of England rate hike: ForexLive European FX news wrap: BOE delivers 25 bps rate hike as exp…
GBP/USD Mid-Day Outlook
Daily Pivots: (S1) 1.2592; (P) 1.2636; (R1) 1.2669; More… GBP/USD is staying in consolidation below 1.2678 and intraday bias…
USD/JPY Daily Outlook
Daily Pivots: (S1) 133.84; (P) 134.65; (R1) 135.20; More… Intraday bias in USD/JPY remains neutral as consolidation continue…
Opinion: Dogecoin and its Future Prospects
Dogecoin was created in 2013 as a lighthearted alternative to Bitcoin, with a meme-inspired dog as its logo. It gained pop…
EUR/USD Daily Outlook
Daily Pivots: (S1) 1.0948; (P) 1.0977; (R1) 1.1013; More… EUR/USD is still holding above 1.0908 support and intraday bias st…
Oil - United Arab Emirates’ main energy company says quick China demand rebound
Abu Dhabi National Oil Co (ADNOC) says demand in China has rebounded quickly this year with the economy’s reopening, particu…
Japanese Yen Gains, USD/JPY Falls After US CPI. Focus Shifts to BoE Next
The Japanese Yen outperformed on Wednesday, sending USD/JPY lower after markets punished Treasury yields in the wake of US i…
ANZ on a US April CPI inspired Fed pivot - NO
April CPI data released on Wednesday: US April CPI 4.9% y/y versus 5.0% expected A response tipping an imminent pause o…
Goldman Sachs tip a Federal Open Market Committee (FOMC) pause at the June meeting
The inflation data released on Wednesday: US April CPI 4.9% y/y versus 5.0% expected A response tipping an imminent pau…
Dow industrial average cannot stay in positive territory. S&P and Nasdaq close higher.
The major US indices are closing mixed again with the Dow industrial average moving lower for the 7th time in 8 trading days…
NZ finmin Robertson: New Zealand fiscal position remains strong and resilient
New Zealand Finance Minister Grant Robertson comments crossing news sources: government spending is now tracking back towa…
GBP/USD Mid-Day Outlook
Daily Pivots: (S1) 1.2587; (P) 1.2613; (R1) 1.2648; More… GBP/USD’s up trend resumes by breaking 1.2667 temporary top. Intra…
Goldman Sachs expect that US stocks will rally on any soft inflation print
US inflation data for April is due on Wednesday, 10 May 2023 at 1230 GMT, 0830 US Eastern time: US CPI data due Wednesday …
Crude Oil Prices Rally Ahead of US Inflation Data as Retail Traders Turn Bearish
Crude oil prices are on a 4-day winning streak, up about 8%. Ahead of the US inflation report, retail traders are turning in…
Goldman Sachs sees a real risk to the US dollar if there is an extended debt ceiling fight
Comments from Goldman Sachs' Beth Hammack, in brief: says stresses in the banking system seem to be quietening down r…
US President Biden's meeting with Congressional leaders on debt ceiling has ended
Awaiting statements from the various politicians soon. The meeting lasted just over an hour. Markets will be keenly awaitin…
US indices close lower ahead of CPI data tomorrow
The major US indices are all closing lower. For the month of May, the Dow industrial average is down 6 of 7 trading days. Th…
Australian household spending in April -4.3% m/m (prior +8.0% ) - CBA data
Data from the Commonwealth Bank of Australia re the use of their dards. Household Spending Intentions (HSI) index for April…
Dow Jones, S&P 500 May Fall After Retail Traders Increased Upside Exposure of Late
The Dow Jones and S&P 500 may fall after it was shown that retail traders increased their upside exposure. How is the te…
Bill Gross says buy short-term UST Bills
Bill Gross is the former chief investment officer of Pacific Investment Management Co., was speaking on Bloomberg TV on Mond…
FX option expiries for Tuesday, 9 May 2023 at the 10am New York cut
A look at what is on the board for today. - EUR/USD: 1.1025 EUR628mn 1.1115 EUR581mn 1.1200 EUR550mn USD/JPY: 133.…
US stock indices close mixed. Dow industrial average lower. NASDAQ higher
The major US stock indices are ending the session with mixed results in what has been a quiet Monday. The Dow industrial ave…
EUR/USD Daily Outlook
Daily Pivots: (S1) 1.0974; (P) 1.1011; (R1) 1.1055; More… Range trading continues in EUR/USD and intraday bias stays neutral…
USD/JPY Mid-Day Outlook
Daily Pivots: (S1) 134.11; (P) 134.62; (R1) 135.34; More… No change in USD/JPY’s outlook and intraday bias stays neutral. Fu…
GBP/USD Mid-Day Outlook
Daily Pivots: (S1) 1.2578; (P) 1.2615; (R1) 1.2669; More… Outlook in GBP/USD remains on the upside at this point, and intrad…
EUR/USD Daily Outlook
Daily Pivots: (S1) 1.0974; (P) 1.1011; (R1) 1.1055; More… Intraday bias in EUR/USD remains neutral as sideway trading contin…
GBP/USD Daily Outlook
Daily Pivots: (S1) 1.2578; (P) 1.2615; (R1) 1.2669; More… Intraday bias in GBP/USD remains on the upside for the moment. Cur…
USD/JPY Daily Outlook
Daily Pivots: (S1) 134.11; (P) 134.62; (R1) 135.34; More… Intraday bias in USD/JPY remains neutral at this point, and furthe…
PBOC is expected to set the USD/CNY reference rate at 6.9159 – Reuters estimate
People's Bank of China USD/CNY reference rate is due around 0115 GMT. The People's Bank of China (PBOC), China'…
Saudi Crown Prince Salman & White House national security adviser Sullivan spoke Sunday
Saudi Arabia’s Crown Prince Mohammed bin Salman & White House national security adviser Jake Sullivan discussed Saudi-US…
Canadian province of Alberta declares wildfire emergency (major oil producer)
Alberta is Canada's main oil-producing province. So far there is no sign of an interruption to production nor damage to …
Weekend - Vitol says China gasoline demand picking up, jet fuel missing in action
Comments from Vitol head of Asia, Mike Muller, speaking on a webcast over the weekend. On China: "Gasoline demand in …
ECB's Knot says interest rate hikes are starting to impact, more will be needed
Dutch Central Bank President and thus European Central Bank (ECB) board member Klaas Knot spoke in Dutch TV Sunday. He refe…
Monday morning open levels - indicative forex prices - 08 May 2023
On a Monday morning, market liquidity is very thin until it improves as more Asian centres come online. Prices are liable to…
Key Market Moving Events for Traders and Investors: May 8th-12th, 2023
Trading and Investing Insights: Essential Economic Reports & Events (May 8th-12th) Crucial Economic Reports Affecting T…
Markets Week Ahead: S&P 500, Gold, US Dollar, Oil, BOE, US CPI, China Inflation
Key focus in the coming week is on US CPI data, the Bank of England interest rate decision, and China inflation and new yuan…
Berkshire holds annual meeting. Buffett remains upbeat and optimistic
Net income: $35.5 billion (up from $5.58 billion a year earlier) Operating earnings: $8.07 billion (up from $7.04 billion …
Crude Oil Weekly Forecast: Oil Eyeing Further Recovery as Recession and Demand Fears Persist
Oil prices recovered aggressively from multi-month lows as WTI closed the week above the $70 a barrel mark. Technicals hint …
S&P 500 E-mini Futures Technical Analysis: Simplified View for a Bullish Ride to 4200
S&P 500 E-mini Futures Weekly Technical Analysis: A Simplified View In this technical analysis of the S&P 500 E-min…
British Pound Week Ahead: GBP/USD Stumbles, EUR/GBP Tests Support, BoE on Tap
The Bank of England will announce its latest monetary policy decision next Thursday with a 25bp Bank rate hike already fully…
Euro Fatiguing Heading Into an Inflation Filled Week?
EUR/USD looks to be prepping for a key technical breakout that could be catalyzed by upcoming US and German inflation data. …
Newsquawk Week Ahead 8-12th: US CPI, Fed SLOOS, UK GDP, China Inflation, BoJ SOO
Week Ahead May 8-12th MON: UK Bank Holiday, EZ Sentix Index (May), German Final CPI (Apr), Fed SLOOS TUE: Riksbank Minute…
Meet Adam Button in South Africa this week
Hi everyone, if you're in the Johannesburg area this week, I would love to meet up. I'll be at the Finance Magnates …
Forexlive Americas FX news wrap 5 May. US jobs report continued to show some slowing
NASDAQ rises by 2.25%.Dow industrial average has its best day since January 6. More from Bullard: Ready to be data depende…
NASDAQ rises by 2.25%.Dow industrial average has its best day since January 6.
The major US indices are closing sharply higher with the NASDAQ index leading the way. A Goldilocks scenario where the growt…
GBP/USD Mid-Day Outlook
Daily Pivots: (S1) 1.2548; (P) 1.2573; (R1) 1.2598; More… GBP/USD retreats notably after hitting 1.2633 and intraday bias is…
Reserve Bank of Australia Statement due soon - why the AUD forecast is critical
The RBA Statement on Monetary Policy is coming up at 11.30 am Sydney time on Friday, 5 May 2023 0130 GMT 9.30pm US Easter…
FOMC rate hike - the key implications
ICYMI, the Federal Reserve rate hike: Forexlive Americas FX news wrap 3 May: Damn the Fed hike. USD/rates move lower after…
Barclays forecast Federal Open Market Committee (FOMC) on hold now for the rest of year
This is via the folks at eFX. For bank trade ideas, check out eFX Plus . For a limited time, get a 7 day free trial, basic …
Apple Gains After Earnings Beat, Carrying Nasdaq 100 Futures Higher
Apple’s financial results beat expectations, with both EPS and revenue clocking in above estimates. Shares of the tech compa…
Forexlive Americas FX news wrap: ECB hikes 25 bps; bank rout continues
ECB raises key rates by 25 bps in May monetary policy meeting, as expected Full text: ECB statement on May 4, 2023 Lagard…
USD/JPY Mid-Day Outlook
Daily Pivots: (S1) 134.13; (P) 135.39; (R1) 136.04; More… Intraday bias in USD/JPY remains on the downside for the moment, a…
USD/JPY Daily Outlook
Daily Pivots: (S1) 134.13; (P) 135.39; (R1) 136.04; More… USD/JPY’s break of 135.13 support indicates short term topping at …
GBP/USD Daily Outlook
Daily Pivots: (S1) 1.2489; (P) 1.2539; (R1) 1.2616; More… Intraday bias in GBP/USD is back on the upside as recent up trend …
US bank Pacwest - advisers engaged to mull on alternatives, including potential sale
Chatter on this was earlier: US regional bank PacWest is considering strategic options, including a sale Looks to be firmi…
Dow Jones, S&P 500, Nasdaq 100 Sink after Fed, Powell, PacWest Woes Crush Sentiment
The Dow Jones, S&P 500 and Nasdaq 100 plunged after the Fed rate decision, Powell’s press conference, and another troubl…
Its getting hot in herre. Gold spike up, oil spike down
US crude futures have spiked down circa $4 in early Asia. Gold spiked higher. S&P and NASADA futures lower. While the…
CIBC on the Federal Open Market Committee (FOMC): "This is a hawkish pause"
CIBC on the Fed decision Wednesday, this in brief: This is a hawkish pause, as the committee says it will be looking for s…
Trade ideas thread - Thursday, 4 May 2023
Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders wou…
GBP/USD Mid-Day Outlook
Daily Pivots: (S1) 1.2396; (P) 1.2432; (R1) 1.2472; More… Intraday bias in GBP/USD remains neutral for the moment. Further r…
EUR/USD Mid-Day Outlook
Daily Pivots: (S1) 1.0917; (P) 1.0958; (R1) 1.0983; More… EUR/USD recovers mildly today but stays in range below 1.1094. Int…
EUR/USD Daily Outlook
Daily Pivots: (S1) 1.0917; (P) 1.0958; (R1) 1.0983; More… Outlook in EUR/USD is unchanged as consolidation from 1.1094 is ex…
GBP/USD Daily Outlook
Daily Pivots: (S1) 1.2396; (P) 1.2432; (R1) 1.2472; More… Outlook in GBP/USD is unchanged with consolidation from 1.2582 ext…
New Zealand jobs report for Q1 2023: Unemployment rate 3.4% (3.5% expected, 3.4% prior)
Earlier from NZ we had the RBNZ Financial Stability Report: RBNZ Governor Orr says NZ financeial system is well placed to …
ECB may hike by 25bps, may not be enough to trigger a clean EURUSD breakout above 1.11
This is via the folks at eFX. For bank trade ideas, check out eFX Plus . For a limited time, get a 7 day free trial, basic …
Economic calendar in Asia Wednesday, 3 May 2023 - RBA speaker
In addition to what is pictured in the snapshot from our eco calendar below I have seen speakers listed from the Reserve Ban…
Trade ideas thread - Wednesday, 3 May 2023
Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders wou…
How do Fractals Indicator Work?
How William Fractals Indicator Work: The indicator isolates and identifies a potential turning...
The Biggest Secret to RSI Indicator Trading Success?
The Biggest Secret to RSI Indicator Trading Success? Overbought or Oversold in Stock and Forex. How to Use RSI to evaluate overbought or Ove...
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How to Setup Moving Average in Tradeview Step one : Create account on tradeview: Tradeview Step Two : Click on the Indicators Icon Step...
GBPJPY Analysis Weekly and Daily Forex Analysis
GBPJPY Analysis Weekly and Daily Forex Analysis GBP/JPY (British Pound - Japanese Yen) analysis begins with a focus on the rate decision...
Top 10 Best Grocery Stores in Spokane, WA
Spokane, Washington, offers a vibrant grocery scene that caters to every palate—whether you’re after organic produce, craft beer, win...
GBPJPY Technical Analysis
GBPJPY Technical Analysis Technically, GBPJPY is currently on a bearish trend. At the 15 minutes to 4-hour Chart, it forms a bearish ...
Trade Setup for GBPJPY|Technical Analysis GBPJPY.
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WEEK SUMMARY: EUR/JPY, GBPJPY, and XAUUSD (Gold)
WEEK SUMMARY: EUR/JPY, GBPJPY, and XAUUSD (Gold) In a nutshell, our week had a 100% success rate. All our analyses reflected the actual d...
XAUUSD GOLD NFP Analysis
XAUUSD NFP Analysis Gold is a safe haven. As gold increases, bonds and stocks decline. Analytic dave will provide an analysis of XAUUS...
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