The cryptocurrency market experienced a shock shakeout on Saturday morning. Low trading activity and the relatively narrow previous trading range created a situation where stop orders were placed close to the market price. Outside forces, such as the stock market pressure on Friday, triggered a s
Schlagwort-Archiv: Currency
Eurozone December Sentix investor confidence 13.5 vs 12.5 expected
Prior 18.3
Euro area investor morale fell in December to its lowest since April as virus fears are being reignited across the region. The surge in the number of cases adding to the omicron variant isn’t comforting as investors fear renewed restrictions amid a fourth virus wave. Sentix notes t
Forexlive Americas FX news wrap: US jobs report better than the first look
Forex news for North American trading on December 3, 2020
It will be an early close for Forexlive this weekend as our technology staff takes over with some changes.
It will be an early close for Forexlive this weekend as our technology staff takes over with some changes.
Major European indices close in the red. Give up gains of over 1%
German Dax -0.9%. France’s CAC -0.5%
For the week:
For the week:
Goldman Sachs expects a doubling of taper in December
… And first rate hike in June 2022
Going also expects the Fed to start to tighten in June 2022.
Going also expects the Fed to start to tighten in June 2022.
AUDUSD moves toward swing lows from September/October 2020
Swing lows come in at 0.6991 to 0.7005
The AUD is the weakest currencies on the day, and the pair is pushing to a new 2021 low and moves toward the swing lows from October in September 2020. Those levels come in between 0.6991 and 0.7005. The low price just reached 0.7013. A move below that floor area would increase the bearish bias
The AUD is the weakest currencies on the day, and the pair is pushing to a new 2021 low and moves toward the swing lows from October in September 2020. Those levels come in between 0.6991 and 0.7005. The low price just reached 0.7013. A move below that floor area would increase the bearish bias
A look around the markets as traders react to sharply lower stocks
NASDAQ down over 2%. S&P down over 1%
BOE’s Saunders: Economic impact of omicron a key consideration for December meeting
Remarks by BOE policymaker, Michael Saunders
It sounded as if he’s taking a bit of a step back from his hawkish dissents in recent months but he is quick to clarify that any potential delays to tightening policy may be a misstep by the central bank in the bigger picture of things.
It sounded as if he’s taking a bit of a step back from his hawkish dissents in recent months but he is quick to clarify that any potential delays to tightening policy may be a misstep by the central bank in the bigger picture of things.
BioNTech CEO: I think we will need a new vaccine against COVID-19
BioNTech CEO, Ugur Sahin, remarks
Eurozone October retail sales +0.2% vs +0.2% m/m expected
Latest data released by Eurostat – 3 December 2021