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Latest data released by INSEE – 31 October 2018 – -0.2% – CPI +2.2% vs +2.3% y/y expected – Prior +2.2% ForexLive Continue Reading:… Search Web: France October preliminary CPI +0.1% vs […]

Kuroda reaffirming that there is no change to the policy decision from July – Not thinking of widening margin of yield movements currently – Monetary policy will be conducted to achieve price […]

WTI is up by nearly 1% on the day now ForexLive Oil has caught a bit of a bid since the top of the hour as WTI pushes up to break away […]

A bright start in early trades ForexLive European investors are off to the races today as the improved sentiment from Wall Street overnight and in Asian trading today is helping to lift […]

EUR/USD short looks good with more pressure on the Euro Draghi had spoon about a slow down in momentum for the eurozone rather than a downturn, but as Justin pointed out, this […]

Kuroda still speaking in his press conference – If risks from overseas materialise, there would be monetary policy response – But taking policy response is not our main scenario ForexLive Continue Reading:… […]

Latest data released by Destatis – 31 October 2018 – -0.1%; revised to -0.3% – Retail sales -2.6% vs +1.0% y/y expected – Prior +1.6% ForexLive Slight delay in the release by […]

Further comments by BOJ governor Haruhiko Kuroda – Momentum firmly in place for wages and prices to rise – Inflation expectations are largely flat but upward price momentum remains ForexLive Continue Reading:… […]

Daily thread to exchange ideas and to share your thoughts ForexLive Not much notable activity across the board so far as we await European traders to enter the fray. Can the dollar extend its […]

Comments by BOJ governor Haruhiko Kuroda in his press conference – Price momentum towards 2% inflation is maintained – BOJ to keep extremely low rates for extended period ForexLive Continue Reading:… Search […]

How will Kuroda address markets following the change? ForexLive It shouldn’t be a surprise to many that the BOJ is facing struggles with inflation and the fact that . But regardless, it’s […]

Cable eyes a move towards the August low of 1.2662 ForexLive After sinking against the dollar yesterday, the pound is holding its own rather well as we begin the new day. But […]

Tokyo’s main index closes at the highs as Asian equities post solid gains – Session high 21,920.46 – Session low 21,530.39 ForexLive Improved sentiment in Wall Street helped to lift Asian shares […]

Asian equities and E-minis are trading higher so far – Nikkei +1.97% – Shanghai Composite +1.46% – CSI 300 +1.53% – Hang Seng +1.19% – Kospi +0.66% Major equity bourses are posting […]

The stars are aligning for a move higher in USD/JPY ForexLive Price is now looking to hold a break above the July high @ 113.17 and in doing so, will extend a […]

Nothing that really stands out though 0900 GMT – ECB member Ewald Nowotny to deliver a briefing in Vienna Nowotny is due to brief the Austrian business journalists’ club at the time. […]

Forex news for Asia-Pacific trading on October 31,2018 Markets: – Gold is down -$5.00 or -0.40% at $1218 – WTI crude oil is up $0.18 or 0.27% at 66.36 – Nikkei 225 […]

Latest data from the Japanese Cabinet Office – 31 October 2018 – 43.4 ForexLive Slight delay in the release by the source. The index measures the households’ confidence on the economy, a […]

Markets are paying too much emphasis on the yuan weakening to 7 per dollar ForexLive There’s plenty of talks on capital outflows, warning signals, panic from Chinese authorities and what not. But […]

Eurozone October CPI figures in focus 0700 GMT – Germany September retail sales data Prior release can be found . General gauge of retail sentiment but this is very much a lagging […]

Down about $4.90 currently. The price of gold has been falling lower in trading today. The current price is down about -$4.90 or -0.41% at $1218. The low reached $1215.30. The high […]

Vehicle production for August – Total vehicles -0.2% vs -2.0% YoY last month – Cars -0.1% vs -2.6% last month  – Trucks -1.4% vs +2.9% last month – Buses 1.3% vs -10.9% […]

Now back down at the 200 hour MA The NZDUSD run higher earlier in the session but looking at the hourly chart below, the sellers leaned against what has been recent highs […]

Bank of Japan monetary policy decision and statement for October 2018 Bank of Japan keeps monetary policy steady as widely expected ForexLive Continue Reading:… Search Web: BOJ October 2018 meeting – BOJ […]

Does not happen often on the daily chart. The GBPAUD daily chart shows the 100 and 200 day MA converged at 1.2924-26 and the current price right around that level at 1.7930 […]

Nikkei trades at session highs.  Shanghai composite also at session highs The Asia-Pacific stocks are shrugging off the weaker China PMI data. Not bad results in what was largely a day with […]

We will see if the gains can be maintained The China PMI data came in weaker than expected, but both the CSI300 and the Shanghai composite index are set to open at […]

The daily yuan fixing ForexLive Continue Reading:… Search Web: PBOC sets yuan midpoint at 6.9646 vs last close at 6.9675

Nonmanufacturing PMI 53.9 versus 54.6 estimate Disappointment in each of the PMI data for October. A reading above 50 signals expansion, less than 50 equals contraction Continue Reading:… Search Web: China manufacturing […]

expectations for October releases ForexLive Continue Reading:… Search Web: China PMI due at the top of the hour

July high at 113.169 Looking at the hourly chart, the price his now moving toward a topside trend line at the 113.284.  A move above that opens up the upside.   Continue Reading:… […]

YoY comes in at 1.9% versus 1.9% expected – CPI 3Q 0.4% versus 0.5% expected. 0.4% – CPI YoY 1.9% versus 1.9% expected.  Prior quarter 2.1% – trimmed mean quarter on quarter […]

AUDUSD sits in near middle of range The pair has been in a narrower range between 0.7040 on the downside and 0.71505 (see red box) that is not a big range for […]

Open up 0.52% and moves higher Japan’s Nikkei 225 is opening up with solid gains. ForexLive Continue Reading:… Search Web: Japan’s Nikkei 225 opens with solid gains

Lower than -9 last month – Forecast range -11 vs -8 – Economic outlook next 12 months at -28 in Oct vs -27 in September – Personal finances outlook next 12 months […]

Activity outlook 7.4 versus 7.8 The ANZ business confidence of the month of October came in at -37.1 versus -38.3 last month. The activity outlook index came in at 7.4 versus 7.8 […]

Japan industrial production weaker than expections The Japan industrial production for September (P) came in weaker than expected: ForexLive Continue Reading:… Search Web: Japan industrial production for Sept -1.1% vs -0.3% exp.

September Industrial Production The Japan industrial production for September is due out at 2350 GMT.  The expectations are for a -0.3% decline vs 0.2% gain Continue Reading:… Search Web: Japan industrial production […]

Back above the October 15 swing low  The 38.2% of the tumble lower from the end of August high comes in at 5910 and would be a target on more upside. The […]

IP down most since 2009 So. Korea is announcing some weaker data. Weaker data out of S. Korea.  ForexLive Continue Reading:… Search Web: S. Korea out with weaker data. Industrial production and […]

100 hour MA at 127.82.  200 hour MA at 128.41. The EURJPY price moved higher on Tuesday but spent most of the day moving higher and lower in at 128.136 to 128.43 […]

Bid move higher yesterday on risk-on flows Stocks moved higher yesterday helping a run higher in the USDJPY on risk on flows.  Today, the Bank of Japan is expected to announce that […]

Prior month revised to 6.8% from 7.8% ForexLive Continue Reading:… Search Web: NZ building permits -1.5% MoM vs 6.8% last month

A more busy schedule today with Australia CPI, China PMI data for October, and BOJ monetary policy statement ForexLive Continue Reading:… Search Web: Key economic releases in the Asia-Pacific session

Poloz and Wilkins testifies in front of the House of Commons Standing Committee on Finance, in Ottawa Poloz ForexLive Continue Reading:… Search Web: More Wilkins: If there is ever a time to […]

Forex news for North American trading on October 30, 2018: Markets: – Gold down $5.50 to $1223 – WTI crude down 86-cents to $66.18 – US 10-year yields up 3 bps to […]

Speaking in Washington Yellen adds: ForexLive Continue Reading:… Search Web: Former Fed Chair Yellen: At least a couple more rate hikes necessary

The data from the private survey ahead of official government oil stock data The private data is being reported on twitter: The DOE estimates for the inventory data to be released tomorrow […]

The heat remains on China The US Justice Department is on the wires saying that Chinese intelligence officers and the recruited hackers and insiders conspired to steal sensitive commercial aviation and technological […]

Wilkins on the outlook for wealth Poloz says trade actions are the main thing that keeps him up a night ForexLive Continue Reading:… Search Web: BOC’s Wilkins: Wage gains to accelerate

Gains of >1.50% for the major indices The US major indices staged a strong recover – for the day at least. S&P end of year level was 2673.61. The Dow EOY was […]

Here are the key metrics Shares down 3.5% after hours but bouncing all over the place. Sigh. ForexLive Continue Reading:… Search Web: Facebook beats on earnings but misses on revenue

Stocks finishing strong The S&P 500 is up 41 points to 2682 with just minutes left until the close. There was a similarly-strong rally last week but it was ultimately gutted by misses […]

Poloz and Wilkins in the Q&A ForexLive Continue Reading:… Search Web: BOC’s Wilkins: Dropped ‘gradual’ to signal data dependence

Poloz opening statement to parliament ForexLive Continue Reading:… Search Web: BOC’s Poloz: Canada’s economy operating at near its capacity

Still a long way to go to the finish line The S&P 500 is up 30 points to 2671, near the best levels of the day. Those gains have put a bid […]

AUD/CAD longs? TD Research discusses AUD outlook and maintains a tactical bullish bias on the crosses, expressing that via holding a long AUD/CAD position targeting a move towards 0.96. Continue Reading:… Search […]