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Japan inflation: higher than expected but slowing
Consumer price inflation in Japan is in no hurry to slow down. In March, prices rose 3.2% y/y, compared with 3.3% in February and an expected 2.6%. Th...
Canada: retail sales post a moderate decline in february
Retail sales fell by 0.2% month-on-month (m/m) in February – a shallower decline than 0.6% loss reported by the Statistics Canada’s advanced estim...
Sunset market commentary
Markets The EMU composite PMI for April rose from 53.7 to 54.4, indicating that growth momentum in the region improved further at the start of the sec...
Us dollar jumps as pmi data upends recession narrative
The recession narrative was flipped on its head today on a strong US PMI from S&P Global. The survey data is a forward-looking indicator and highlight...
Eu’s landmark crypto legislation will drive cryptocurrency prices
By George Prior The EU Parliament’s passing of the Markets in Crypto Act, or MiCA, on Thursday has been hailed as a “landmark moment” for crypto...
Dollar moves back higher after flash pmi jump
Just when you think the data might be to tipping lower, the S&P/Global flash PMI indices, come in higher than expectations. The 2 year yield moved fro...
S&p global us april flash services pmi 53.7 vs 51.5 expected
Prior was 52.6Manufacturing 50.4 vs 49.0 expectedPrior manufacturing was 49.2Composite 53.5 vs 52.3 prior This article was written by Adam Button at w...
Major us indices open near unchanged. rally off of premarket lows.
The major US stock indices are opening up little changed to start the final trading day of the week. For the week, the indices are also little changed...
Why sustainable and impact investing (esg) could be a gamechanger
There has been a rising emphasis in recent years on sustainable and impact investing, often known as Environmental, Social, and Governance (ESG) inves...
Crude oil bouncing after testing 100 day moving average
The price of WTI crude oil futures dipped to a new post OPEC+ production cut low reaching $76.72. That took the price briefly below its 100 day moving...
Stocks muted ahead of pmis
US futures Dow futures +0.1% at 33722 S&P futures -0.06% at 4125 Nasdaq futures -0.12% at 12978 In Europe FTSE -0.1% at 7886 Dax -0.04% at 15760 PMI d...
The bank of japan will follow a soft policy course. most company reports missed estimates
By JustMarkets At the close of the US stock market on Thursday, the Dow Jones Index (US30) decreased by 0.33%, and the S&P 500 Index (US500) lost 0.60...
Usd/jpy slides alongside treasury yields
The US dollar is under broad pressure as Treasury yields decline. The front-end is leading the bid, pushing 2-year yields down 6.7 bps to 4.10% in the...
Eur/usd mid-day outlook
Daily Pivots: (S1) 1.0940; (P) 1.0965; (R1) 1.0996; More… EUR/USD is staying in sideway trading below 1.1075 and intraday bias remains neutral. Outl...
Gbp/usd mid-day outlook
Daily Pivots: (S1) 1.2409; (P) 1.2439; (R1) 1.2472; More… Intraday bias in GBP/USD remains neutral as sideway trading continues below 1.2545. Anothe...
Making some sense technically from the up & down chop in some of the major currency pairs
The up and down chop this week in the some of the major currency pairs, has some traders frustrated (when you think it is going down it goes up and vi...
Usd/chf mid-day outlook
Daily Pivots: (S1) 0.8900; (P) 0.8944; (R1) 0.8967; More… No change in USD/CHF’s outlook as it’s still bounded in range above 0.8858. Intraday b...
Week ahead: “big m.a.m.a.” to weigh on nq100_m
By ForexTime Four Big Tech companies, with a combined market cap of over US$ 5 trillion (that’s $5,000,000,000,000), are set to release their respec...
Usd/jpy mid-day outlook
Daily Pivots: (S1) 133.85; (P) 134.41; (R1) 134.82; More… USD/JPY’s retreat from 135.13 extends lower today but stays above 132.03 support. Outloo...
Yen extending rally while euro and swiss franc stay firm
Japanese Yen is extending its rally in the early US session holding on to its gains and emerging as the second strongest currency for the week, just b...
Watch fxopen's march 20 -24 weekly market wrap video
In this video, FXOpen UK COO Gary Thomson sums up the week’s happenings and discusses the most significant news reports.Swiss tsunami rips through g...
Video – gbp/usd firms after uk inflation and labour market data
Craig Erlam discusses the latest moves in GBP/USD in light of the recent UK labour market and inflation data......
The week ahead – mixed corporate results reinforce ‘soft landing’
EURUSD rallies as more tightening ahead The euro advances as stubborn CPI led traders to factor in the chance of a bigger rate increase by the ECB. Co...
Weekly summary and review april 21st 2023
Hi Traders! Arvinth here from the Home Trader Club team. The weekly summary and, review of April 21st 2023 is here. It is now time to recap and summar...
Eur/usd – euro steady after mixed pmi reports, us pmis next
Services PMIs showed stronger expansion in the eurozone Manufacturing PMIs indicated a stronger decline US PMIs follow later today PMIs point to stron...
Canada retail sales down -0.2% mom in feb, smaller than expected
Canada retail sales contracted -0.2% mom to CAD 66.3B in February, better than expectation of -0.6% mom. Sales decreased in 4 of 9 subsectors, represe...
Canada february retail sales -0.2% vs -0.6% expected
Prior was +1.4% (revised to +1.6%)Advanced flash estimate was +0.6%Ex autos -0.7% versus -0.1% expected. Prior ex autos +0.9% Ex auto and gas +0.1%Adv...
The jpy is the strongest and the aud is the weakest as the na session begins
The JPY is the strongest and the AUD is the weakest as the NA session begins. The USD is mostly higher with gains vs the AUD and NZD leading the way. ...
5 ways you can trade like a hunter
Traders often refer to themselves as modern-day hunters. What does this mean and how can a hunter’s skills translate to forex trading profits?......
Gbp/usd price heading to new lows ahead of us data
The US data should bring high action in GBP/USD. The selling pressure is high after taking out the uptrend line. A new lower low activates a larger dr...
Will 2023 see a greater use of predictive analytics for financial forecasting?
Finance has always been a realm of numbers and calculations. However, in recent years, the use of predictive analytics has changed financial forecasti...
Ecb rehn: no reason to abandon restrictive policy prematurely
ECB Governing Council member Olli Rehn emphasized the importance of maintaining a proactive, balanced policy in the current monetary policy landscape....
Forexlive european fx news wrap: mixed markets going into the final stretch of the week
Headlines:UK March retail sales -0.9% vs -0.5% m/m expectedFrance April flash services PMI 56.3 vs 53.4 expectedGermany April flash manufacturing PMI ...
Manufacturing woes continue as services become increasingly optimistic
Another mixed day of trade in stock markets on Friday as UK consumers become increasingly less pessimistic but spend less and global manufacturing slu...
Manufacturing woes continue as services become increasingly optimistic
Another mixed day of trade in stock markets on Friday as UK consumers become increasingly less pessimistic but spend less and global manufacturing slu...
