Turkey’s Erdogan: The lira will stabilise next week 0 (0)

In case you missed the happenings in the past week:

Erdogan’s experimental plan failing to convince in changing lira’s fortunes

He goes on to say that they have reined in the „meaningless“ volatility in the lira and that they are taking action to prevent lira volatility. I’m sure that has been

Go to Forexlive

AUDUSD is looking to go into 2022 with a more bullish bias longer term 0 (0)

AUSDUSD on the weekly chart

The AUDUSD in 2021, reached its high for the year on February 25th at 0.8006 which was near a nice natural resistance of 0.8000. The price low was not reached until the December 3rd at 0.6992 (also near a natural support level at 0.7000).  The range of 1014

Go to Forexlive

PBOC sets USD/ CNY mid-point today at 6.3757 (vs. estimate at 6.3723) 0 (0)

USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate.CNH is the offshore yuan. USD/CNH has no restrictions on its trading range.A significantly stronger or weaker rate than expected is typically considered a signal from the PBOC.The previous close was 6

Go to Forexlive

ECB’s Holzmann: Inflation will peak around the turn of the year, then gradually decline 0 (0)

Expect more of this from the ECB as policymakers will try to steer clear of any talk about tightening policy. That considering that they intend to go with more asset purchases once PEPP ends in March.As for the headline above, remember when they said inflation will peak in November? Spanish inflatio

Go to Forexlive

UK December Nationwide house prices +1.0% vs +0.9% m/m prior 0 (0)

Prior +0.9%
House prices +10.4% y/y
Prior +10.0%

UK house price growth continues to surge into year-end as demand conditions are still extremely robust in the market. That said, Nationwide notes that the outlook remains fairly uncertain with the strength of the housing market rather s

Go to Forexlive