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Us equity close: massive gains

Closing changes:S&P 500 up 1.9%DJIA +1.7%Russell 2000 +2.5%Nasdaq Comp +1.8%Toronto TSX Comp +2.75%There was a small pullback today just ahead of the ...

November 2, 2023, 8:02 pm

Usd/cad price forecast: 1.3900 holds firm as dxy retreats, will 20-day ma provide support?

USD/CAD Extends downside today thanks in large part to further weakness in the DXY. Will tomorrows NFP reignite the bullish price action on USD/CAD?.....

November 2, 2023, 8:00 pm

Fx option expiries for 2 november 10am new york cut

There are a couple to take note of on the day, as highlighted in bold.The first ones are for EUR/USD at 1.0540 and 1.0600. Both do not hold much techn...

November 2, 2023, 5:55 am

Boe the main event on the agenda in the session ahead

Both the dollar and Treasury sellers look like they're in to be squeezed right now, after a turn in the bond market yesterday. 10-year yields tumbled ...

November 2, 2023, 5:10 am

Forexlive european fx news wrap: dollar steady ahead of the main events later today

Headlines:Plenty of big events still to come on the weekVerbal intervention keeps yen from falling further, at least for nowBank of Japan to conduct u...

November 1, 2023, 12:04 pm

Plenty of big events still to come on the week

Even today, while most market players might be focused on the FOMC meeting, I would say that the main event on the day is the Treasury refunding annou...

November 1, 2023, 7:36 am

Forexlive americas fx news wrap 31 oct: one more day for the fed decision. goodbye oct.

US stocks close higher for the 2nd consecutive day this weekGoldman Sachs sees Brent crude oil prices to USD100/bbl by June as stocks 'descend gently'...

October 31, 2023, 9:00 pm

Oil - private survey of inventory shows headline crude build near what was expected

This is from the privately surveyed oil stock data ahead of official government data tomorrow morning o...

October 31, 2023, 8:34 pm

In addition to the fed decision, the employment data for the month will start tomorrow.

In addition to the Fed decision tomorrow at 2 PM, the decision will be accompanied by the start of mont...

October 31, 2023, 7:25 pm

Nasdaq index, sp500, dow jones forecasts – stocks gain ground ahead of fed decision

Traders bet that Fed Chair Powell would not be hawkish tomorrow. The post NASDAQ Index, SP500, Dow Jones Forecasts – Stocks Gain Ground Ahead Of Fed...

October 31, 2023, 7:25 pm

Eur/usd, gbp/usd, usd/cad, usd/jpy forecasts – yen tests new highs

U.S dollar gained ground against a broad basket of currencies as traders prepared for tomorrow’s Fed decision. The post EUR/USD, GBP/USD, USD/CAD, U...

October 31, 2023, 4:43 pm

Pharma giant prepares for earnings call

Pharmaceutical concern CVS Health Corp (NYSE:CVS) will enter the earnings confessional before the open tomorrow....

October 31, 2023, 12:32 pm

Fomc meeting: hints for the last hike?

Tomorrow concludes the penultimate meeting of the Fed for this year, with a pretty clear expectation of...

October 31, 2023, 10:43 am

Euro gathers steam while improved risk appetite dims yen, franc, and dollar

Yen, Swiss Franc, and Dollar are weakening in early US session, with a discernible shift in European market sentiment that suggests a mild recovery. M...

October 30, 2023, 1:26 pm

A reminder on futures trading from homer simpson

I was getting some pumpkins for the kids yesterday and a guy was loading up his truck with $4 grocery store pumpkins and bringing them downtown, where...

October 30, 2023, 1:16 pm

Fx option expiries for 30 october 10am new york cut

There are a couple to take note of, as highlighted in bold.The first being for EUR/USD at the 1.0550 mark, which does not offer too much technical sig...

October 30, 2023, 8:15 am

Central bank week

Market movers today We kick the week off with German and Spanish October inflation data ahead of the euro area figures tomorrow. In Germany, we also g...

October 30, 2023, 7:17 am

Usd/jpy drops further on the day, signs of exhaustion?

The pair has now fallen from 149.65 to 149.30 in the last half-hour or so as the push away from the 150.00 mark continues to take hold. The attempt to...

October 30, 2023, 7:11 am

Us core pce seen pushing for no more rate hikes

Tomorrow sees the last bit of key economic data that will be released ahead of the FOMC meeting next we...

October 26, 2023, 10:06 am

Gold holds just below $2000 as investors wait for key economic reports

The reports released tomorrow and Friday will be critically important to the Federal Reserve’s moneta...

October 25, 2023, 10:21 pm


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