Major currencies are mostly little changed with commodity currencies holding a marginal advance while others are not really doing much. The euro though is a touch weaker despite regional yields climbing. Earlier today, ECB policymakers Kazaks and Knot said that a rate hike by the middle of the year
Schlagwort-Archiv: Forex
Had this headline hit earlier it would have caused chaos
I’ve fired off a few mistaken headlines at ForexLive so I can sympathize but this was a doozy. I don’t think it hit the newswire and so the damage was minimal but it’s a reminder that even a great trade can get ruined by something as simple as a headline mistake. Go easy on the leverage.
Biden restores Iran civilian nuclear sanctions relief in sign of deal progress. Watch oil
The weekly oil open will be the spot to watch after the Biden administration took a step towards thawing relations with Iran.
A group of nations are in what looks like the final stretch of negotiations towards reviving the Iran nuclear deal. The US restored a waiver that that had been
MUFG trade of the coming week: Buy EUR/CHF
The euro finished last week strong as European bond rates blew out. How that trade goes next week will be a major catalyst for the euro next week.
MUFG suggests buying EUR/CHF at spot and targeting a rise to 1.08 with a stop at 1.03.
„We are recommending a long EUR/CHF trade idea. The trad
MUFG suggests buying EUR/CHF at spot and targeting a rise to 1.08 with a stop at 1.03.
„We are recommending a long EUR/CHF trade idea. The trad
Forexlive Americas FX news wrap: Strong US jobs reports shocks the market
US stocks end the day with mixed results. For the week, the major indices moved higher
Next week US CPI will be the release highlight
Major earnings releases for the week of February 7 to February 11
WTI crude oil settles at $92.31
What’s on the US economic calendar in the week
Next week US CPI will be the release highlight
Major earnings releases for the week of February 7 to February 11
WTI crude oil settles at $92.31
What’s on the US economic calendar in the week
US stocks end the day with mixed results. For the week, the major indices moved higher
The major US indices are ending the day with mixed results. The Dow industrial average is lower while the S&P and NASDAQ moved higher. The small-cap Russell 2000 was also higher on the day.The final numbers for the day are showing:Dow industrial average felt -21.42 points or -0.06% at 35089.75S&P in
WTI crude oil settles at $92.31
The price of WTI crude oil settled at $92.31. That is up $2.04 or 2.26%. The high reached $93.17 and the low was at $90.07.
The high reached the highest level since September/October 2014.
The price last week closed at $87.24. The close this week reached $92.31 for a gain of $5.07 on the week. That
The high reached the highest level since September/October 2014.
The price last week closed at $87.24. The close this week reached $92.31 for a gain of $5.07 on the week. That
ForexLive European morning FX news wrap: Euro adds to gains after hawkish ECB tilt
Headlines:Money markets now price in a 50 bps rate move from the ECB by the end of the yearOil continues to impress as the run higher gathers more legsGoldman Sachs expects ECB to start hiking rates in SeptemberECB survey sees inflation falling back below target next yearEurozone December retail sal
Oil continues to push higher on the day, where to next?
From a technical perspective, it is hard to go against the rise/break in oil prices at the moment.
WTI crude is trading to its highest since 2014 and there isn’t any clear resistance all the way through to $100 perhaps next. However, there is still plenty of food for thought despite the technical
Eurozone December retail sales -3.0% vs -0.5% m/m expected
Prior +1.0%Retail sales +2.0% vs +5.1% y/y expectedPrior +7.8%Euro area retail sales were much weaker than estimated in December as rising consumer inflation may be starting to take a toll on spending/consumption despite it being the Christmas shopping season. Retail sales of non-food products fell