News

US Dollar Pulls Back as EUR/USD, GBP/USD Sell-Offs Take Pause US Dollar Talking Points: – This week started with a bang for the US Dollar as the currency gapped-higher and continued to run to fresh yearly highs after the start of this week’s trade. The currency topped-out on Monday, and since then sellers have been
Michael Hanson, Head of Global Macro Strategy at TD Securities, points out that speaking at the Dallas Fed, Chair Powell faced a range of questions and largely reiterated his past views on the economy and policy. Key Quotes “Overall, Powell gave no explicit indication that the Fed was planning to slow the pace of rate
North Korea have tested what they refer to as a ‘newly developed untramodern tactical weapon’ That is what NK State media reports. But, no word on what it is …. (earlier headline) Korean Central News Agency: “Kim Jong Un visited the test ground of the Academy of Defence Science and supervised a newly developed ultramodern
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work
The labour market report is due at 0030GMT on Thursday 15 November 2018  Preview posted earlier: Employment Change: expected +20K, prior +5.6K Unemployment Rate: 5.1% expected %, prior 5.0% Full Time Employment Change: prior was +20.3K Part Time Employment Change: prior was -14.7K Participation Rate: expected 65.5%, prior was 65.4% Via ANZ: We are expecting
Quoting Sky News political correspondent, Reuters recently reported that Minister Nick Hurd, who said that British Prime Minister May wouldn’t deliver a statement following the cabinet meeting later today, misspoke and a short statement will be published later in the day. After slumping to 1.2915 with the initial reaction, the GBP/USD pair recovered and was
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
Latest data released by ONS – 14 November 2018 Prior +0.1% CPI +2.4% vs +2.5% y/y expected Prior +2.4% Core CPI +1.9% vs +1.9% y/y expected Prior +1.9% ForexLive The headline misses a little but the core reading holds steady. Either way, it’s not going to change market expectations of a BOE rate hike following
Japanese Economy Minister Toshimitsu Motegi said on Wednesday there was no change to the view that the country’s economy was recovering moderately, even though the data released earlier today showed the economy contracted 1.2 percent in the third quarter. Key comments (Source: Reuters) Japan’s economy is expected to recover driven mainly by domestic demand. We need
The UK wages excluding bonuses rose by 3.2% y/y compared to 3.1% y/y expected. The UK wages including bonuses rose by 3.0% y/y compared to 3.0% y/y expected. The UK unemployment rate steadied at a four-decade low of 4.0% in September. The Office for National Statistics (ONS) showed on Tuesday, the UK’s average weekly earnings, excluding bonuses, beat expectations, arriving at
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work