Eurozone February PMI survey data in focus today more upbeat labour market report it’s not going to change the current RBA outlook Looking ahead, Eurozone data is back in focus today and […]

Forex news for Asia trading Thursday 21 February 2019 The Australian dollar had large swings today. Moves kicked off with a marking higher on very strong employment report results, with a huge […]

Reuters polling of economist expectations for the Bank of Japan   29 of 38 still expect the BOJ’s next step would be to scale back stimulus program 9 expect the BOJ to […]

Reuters polling of economist expectations for the Bank of Japan   29 of 38 still expect the BOJ’s next step would be to scale back stimulus program 9 expect the BOJ to […]

Reuters polling of economist expectations for the Bank of Japan   29 of 38 still expect the BOJ’s next step would be to scale back stimulus program 9 expect the BOJ to […]

CNH has gathered further pace during the session here today USD/CNH has dropped under the lows it established earlier this year and is around its lows from the middle of last year […]

Philip Lowe, Governor of the Reserve Bank of Australia is appearing before the Australian parliament on 22 February – semi-annual testimony to the House of Representatives’ Standing Committee on Economics He’ll be rabbiting […]

Philip Lowe, Governor of the Reserve Bank of Australia is appearing before the Australian parliament on 22 February – semi-annual testimony to the House of Representatives’ Standing Committee on Economics He’ll be rabbiting […]

Due on 21 February 2019 at 1330GMT for the US Previews via … Natwest; CIBC: BMO; ForexLive Continue Reading:… Search Web: US durable goods (for December) due Thursday – preview

February ‘flash’ PMIs due from the euro area through Thursday  A couple of previews. RBC: ING: Macquarie: ForexLive Continue Reading:… Search Web: Euro area PMIs due out on Thursday – ECB watching […]

Reuters report that the US and China are drafting up six memorandums of understanding on key structural issues in trade dispute  Reuters citing ‘sources familiar with talks’  Continue Reading:… Search Web: The […]

Coming up at 1745GMT on 21 February 2019, BOC Gov Poloz speech  After his prepared speech there’ll be a press conference Preview via Scotia: ForexLive Continue Reading:… Search Web: Heads up CAD […]

San Francisco Federal Reserve President Daly Speaking at a Stanford University event, early comments here More: Sry, but there is only one true Daley ForexLive Continue Reading:… Search Web: More from Fed’s […]

San Francisco Federal Reserve President Daly Speaking at a Stanford University event, early comments here More: Sry, but there is only one true Daley ForexLive Continue Reading:… Search Web: More from Fed’s […]

San Francisco Federal Reserve President Daly Speaking at a Stanford University event, early comments here More: Sry, but there is only one true Daley ForexLive Continue Reading:… Search Web: More from Fed’s […]

San Francisco Federal Reserve President Daly Speaking at a Stanford University event, early comments here More: Sry, but there is only one true Daley ForexLive Continue Reading:… Search Web: More from Fed’s […]

San Francisco Federal Reserve President Daly Speaking at a Stanford University event, early comments here More: Sry, but there is only one true Daley ForexLive Continue Reading:… Search Web: More from Fed’s […]

ICYMI the Australian dollar moved by jobs numbers and RBA speculation today in Asia Firstly, the AUD was marked up on the blockbuster employment report: It popped above 0.7200 and then sat […]

San Francisco Federal Reserve President Daly Not sure of the venue nor event Daly is speaking at …. Reuters headline comments  Here we go … Q&A at a Stanford University event  ForexLive […]

A spokesman for China’s Ministry of Foreign Affairs says the country will not use the yuan’s exchange rate as a bargaining chip to resolve trade disputes with the United States Continue Reading:… Search […]

People’s Bank of China  ForexLive Continue Reading:… Search Web: PBOC sets USD/ CNY reference rate for today at 6.7220 (vs. yesterday at 6.7558)

Forex options expiring today EUR/USD  – 1.1300 1.2bn euro – 1.1365 664m – 1.1400 958m – 1.1405 2.0bn USD/JPY  – 109.40 611m USD – 109.75 650m GBP/USD  Continue Reading:… Search Web: FX […]

A volatile session playing out for the Australian dollar, it headed up on the strong jobs report: And now is getting a bit of a smashing on Westpac calling for an Reserve […]

A volatile session playing out for the Australian dollar, it headed up on the strong jobs report: And now is getting a bit of a smashing on Westpac calling for an Reserve […]

A volatile session playing out for the Australian dollar, it headed up on the strong jobs report: And now is getting a bit of a smashing on Westpac calling for an Reserve […]

A volatile session playing out for the Australian dollar, it headed up on the strong jobs report: And now is getting a bit of a smashing on Westpac calling for an Reserve […]

Westpac now expects the Reserve Bank to cut the cash rate by 25bps in both August and November this year. More: – WPAC have revised GDP growth forecasts for 2019 and 2020 […]

The January labour market report data is here from earlier: It was a huge beat, and the AUD jumped: NAB comments now: – solid report – does not negate concerns over the […]

The January labour market report data is here from earlier: It was a huge beat, and the AUD jumped: NAB comments now: – solid report – does not negate concerns over the […]

The flash manufacturing PMI for Japan in February was out at the same time as the Australian jobs report Catching up on it: Comes in at 48.5,  – dropping from the previous […]

The Australian dollar flushed a few shorts  on the jobs data release: the jobs report is always a bit of avolatile data point, today’s no different with very strong results indeed. Continue […]

Labour market report from Australia for January 2019 The ’employment change’ and ‘unemployment rate’ are the two headline focal points Employment Change:+39.1 K HUGE BEAT Continue Reading:… Search Web: Australia Jan. jobs […]

Labour market report from Australia for January 2019 The ’employment change’ and ‘unemployment rate’ are the two headline focal points Employment Change:+39.1 K HUGE BEAT Continue Reading:… Search Web: Australia Jan. jobs […]

Of course the real headline here is that the Scottish government has a chief economist? Who knew? Anyway, the dude (my assumption) says no deal coold see Scottish GDP fall by up […]

The UK Home Secretary speaking on the telly (ITV) more to come   ForexLive Continue Reading:… Search Web: UK official says risk of no deal Brexit has risen

The UK Home Secretary speaking on the telly (ITV) more to come   ForexLive Continue Reading:… Search Web: UK official says risk of no deal Brexit has risen

This via TD with their response to the Oz wages data yesterday (in summary) As noted in the post headline, jobs report soon: ForexLive Continue Reading:… Search Web: Ahead of the Australian […]

This via TD with their response to the Oz wages data yesterday (in summary) As noted in the post headline, jobs report soon: ForexLive Continue Reading:… Search Web: Ahead of the Australian […]

Might have a bit of fun with the algos …. Bank of Jamaica announces its decision to lower the policy interest rate (the rate offered on overnight placements with Bank of Jamaica) […]

Might have a bit of fun with the algos …. Bank of Jamaica announces its decision to lower the policy interest rate (the rate offered on overnight placements with Bank of Jamaica) […]

Capital Economics on the Federal Open Market Committee January minutes released Wednesday  In brief … On rates: – Hurdle for another Fed rate hike seems to be quite high On the balance […]

Goldman Sachs on the January meeting Federal Open Market Committee minutes out during US time: (in brief from chief economist Jan Hatzius’ note … bolding mine) Continue Reading:… Search Web: FOMC responses: […]

Goldman Sachs on the January meeting Federal Open Market Committee minutes out during US time: (in brief from chief economist Jan Hatzius’ note … bolding mine) Continue Reading:… Search Web: FOMC responses: […]

This was a much anticipated report (at least by the kiwi folks) and the recommendations will now be considered by the NZ government. NZD not much changed.  Continue Reading:… Search Web: New […]

These flash PMIs from CBA / Markit, the ‘final’ for February will be out next week – Manufacturing 53.1 (prior 53.9)  – Services 49.3 (51.0) – Composite 49.7 (51.3) CBA / Markit key […]

Forex news for North American trading on February 20, 2019: Markets: – Gold down $2 to $1338 – WTI crude up 83-cents to $56.92 – S&P 500 up 5 points to 2784 […]

The Labour market report from Australia coming up on Thursday 21 February 2019   Earlier previews area here The thing about employment data is that it is generally accepted as a lagging […]

Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so: Continue Reading:… Search […]

This is the private survey of inventories, official data is Thursday morning (US time) … a day later than normal due to the Monday US holiday. Expectations had centred on a build […]

This is the private survey of inventories, official data is Thursday morning (US time) … a day later than normal due to the Monday US holiday. Expectations had centred on a build […]

Australia’s monthly jobs report can be a bit of a lottery, but the trend has been for jobs growth. Due at 0030 GMT To kick off though … 2200 GMT Australia preliminary […]

UK placed on rating watch negative Rating Watches indicate that there is a heightened probability of a rating change and the likely direction of such a change, according to Fitch. Continue Reading:… […]

A day later than normal this week due to the US Monday holiday. So, today for sure! Official government data is Thursday morning US time – this one due soon is the private […]

What we learned from the Fed Minutes Ahead of the FOMC minutes we warned that there were two distinct things underway: The global economy slowing and the US economy holding up relatively […]

What we learned from the Fed Minutes Ahead of the FOMC minutes we warned that there were two distinct things underway: The global economy slowing and the US economy holding up relatively […]

Should be a good one An election is coming in the Fall and Trudeau’s popularity has suffered in the past few weeks because of a scandal around SNC-Lavalin. Expect some stimulus in […]

Clarida on CNN Sure, whatever. It’s more like a 90-degree turn followed by another one. More: ForexLive Continue Reading:… Search Web: Fed’s Clarida: I don’t think change in Fed policy statements is […]

May press conference comments So this is what it comes down to: The EU tweaks the political declaration and May brings that back to parliament and hopes for the best. Tough to […]

Up $0.83 or 1.48% on the day The US crude oil futures have settled the day at $56.92. That was up $0.83 or 1.48%. The high reached $57.55. The low extended down […]

Up $0.83 or 1.48% on the day The US crude oil futures have settled the day at $56.92. That was up $0.83 or 1.48%. The high reached $57.55. The low extended down […]

May and Juncker met today Full text: May will speak shortly. ForexLive Continue Reading:… Search Web: May and Juncker say talks were ‘constructive’ in joint statement

Comes off extremes though It is easier to grab onto a headline when they all come out. With Washington closed due to winter storm, the Fed released the minutes without the press […]

Fed minutes released online Excerpts: "Market participants pointed to a number of factors as contributing to the heightened volatility and sustained declines in risk asset prices and interest rates over recent months […]

Trump on the EU The Dept of Commerce is done with its 232 tariffs report but it will take weeks (at the very least) for it to be used. ForexLive Continue Reading:… […]

USD lower. Stocks near unchanged Forex: The USD is lower. CAD is strongest. NZD is now the weakest. Yields show a steeper yield curve. The stocks are up marginally: Continue Reading:… Search […]

FOMC Minutes due at 2 pm ET The headlines from the Minutes usually hit the wires en masse at 2 pm but there is a winter storm in Washington and that’s led […]

That’s the kind of talk we haven’t heard in awhile Shares of CAT are higher after the comment on China. The company is a major bellwether for China and emerging markets because […]

Stocks come highs and drags the USDJPY lower The USDJPY moved back toward the close from yesterday (at 110.59) after stocks reversed and a broken trend line stopped holding support (see chart […]

Stocks come highs and drags the USDJPY lower The USDJPY moved back toward the close from yesterday (at 110.59) after stocks reversed and a broken trend line stopped holding support (see chart […]

Kaplan is speaking in a Q&A ForexLive Continue Reading:… Search Web: Fed’s Kaplan: Global growth deceleration likely to continue

Finally the end? The nearly two year investigation into Russian meddling in the US election may be wrapping up. : CNN reports Attorney General Bill Barr is preparing to announce as early […]

Vote and then we sign The EU is said to want MPs to vote on deal changes before a final Brexit divorce deal summit, according to Bloomberg. Cable touched a session high […]

What’s really changed on Brexit? Theresa May is in Brussels today in hopes of finding a way to get a Brexit vote through parliament. The latest uptick in the pound came after […]

Looks toward the 50% midpoint The EURUSD has cracked to new session highs and in the process has extended the range for the day. The high reached 1.13698. The 50% retracement is […]

Gold up $3.50 to $1344 Gold continues to break out from the consolidation pattern that kicked off the month. It’s up $3.50 to $1344 after hitting a fresh 10-month high of $1364 […]

Up 1.91% on the day at it to $57.16 crude oil futures are trading higher in the day. The front contract trades at $57.16 that’s up $1.07 or 1.91%.  The run higher […]

Comments from Nadia Calvino I’m starting to get the feeling that a generation now we will look at the current period not as a post-crisis era for Europe, but as a little […]

Provisional closes to the upside The provisional closes in Europe are pointing to the upside today. The numbers are showing: In the 10 year benchmark notes, yields are ending the session mixed. […]

Provisional closes to the upside The provisional closes in Europe are pointing to the upside today. The numbers are showing: In the 10 year benchmark notes, yields are ending the session mixed. […]

Which technical indicators to watch when you’re starting out For many , foreign exchange (FX) can seem a bit overwhelming at first glance. Given the complexity of the data or charts, it […]

Trades to new session lows The USDCAD stalled the fall yesterday at the 50% of the move up from the Feburay low at the 1.32036. Being near the natural support level at […]

SocGen on the euro Societe Generale Research discusses EUR/USD outlook and "The ECB released current account data for December that show European buying of foreign long-dated debt slowing, and foreign selling of […]

Comments from German Foreign Minister Maas From the UK foreign minister Hunt: ForexLive Continue Reading:… Search Web: German foreign min says no one wants a hard Brexit