Upcoming Market Updates: JPY, AUD, EUR, GBP, CAD, USD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: JPY, AUD, EUR, GBP, CAD, USD JPY: Prelim GDP Price Index y/y, it measures Change in the price of all goods and services included in GDP. JPY: Prelim GDP q/q, it measures Change in the inflation-adjusted value of all goods and services produced by the economy. AUD: Monetary Policy Meeting […]
Another FED Hawkish 75bp Hike Rates
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Another FED Hawkish 75bp Hike Rates Fed hiked rates by 75bp as highly expected. Powell delivered a hawkish message, emphasizing the need to tighten financial conditions further. We have not seen Fed make significant progress towards its goals over the past month. It is expected that a 50bp hike will come in February […]
Australia September CPI
Australia September CPI It was a broad based upside surprise in the core measures highlighting accelerating inflationary pressures. The CPI lifted 1.8% in the September quarter with the most significant contributions coming from new dwellings, gas and furniture. Gas and furniture were upside surprises to us but the main difference between our 1.1% forecast and […]
Upcoming Market Updates: JPY, NZD, AUD, CHF, EUR, USD, CAD
Upcoming Market Updates: JPY, NZD, AUD, CHF, EUR, USD, CAD JPY: SPPI y/y, it measures Change in the price of services purchased by corporations. NZD: ANZ Business Confidence, it measures Level of a diffusion index based on surveyed manufacturers, builders, retailers, agricultural firms, and service providers. AUD: CPI q/q, it measures Change in the price […]
Bank Of Canada Hike Rate by 75 BPS
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Bank Of Canada Hike Rate by 75 BPS The Bank of Canada interest rate decision meeting will be held on Wednesday, October 26th. BOC Governor Macklem will follow with a press conference beginning at 11:00 ET. BOC hiked rates by 75bps at their last meeting in September. This was the fifth consecutive rate […]
Upcoming Market Updates: JPY, EUR, GBP, USD
Upcoming Market Updates: JPY, EUR, GBP, USD JPY: BOJ Core CPI y/y, it measures Change in the price of goods and services purchased by consumers, excluding food and energy. EUR: German ifo Business Climate, it measures Level of a composite index based on surveyed manufacturers, builders, wholesalers, services, and retailers. GBP: MPC Member Pill Speaks, […]
Upcoming Market Updates: AUD, JPY, EUR, GBP, USD
Upcoming Market Updates: AUD, JPY, EUR, GBP, USD AUD: Flash Manufacturing PMI, it measures Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry. AUD: Flash Services PMI, it measures Level of a diffusion index based on surveyed purchasing managers in the services industry. AUD: RBA Assist Gov Kent Speaks, He’s […]
Upcoming Market Updates: USD, JPY, AUD, CHF, EUR
Upcoming Market Updates: USD, JPY, AUD, CHF, EUR USD: FOMC Member Bullard Speaks, Federal Reserve FOMC members vote on where to set the nation’s key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy. JPY: Trade Balance, Export demand and currency demand are directly linked because foreigners […]
The Contrarian Case for a EUR/USD Rally if Rates Can Break Above
The Contrarian Case for a EUR/USD Rally if Rates Can Break Above It’s not particularly hard to make a bearish case for the European economy, especially relative to the US. Between a war in it’s backyard, energy shortages, and an imminent economic recession, it would be hard for the outlook for the Eurozone to look […]
Upcoming Market Updates: AUD, GBP, CAD, USD
[vc_row full_width=”stretch_row” el_id=”extra_class”][vc_column][vc_column_text] Upcoming Market Updates: AUD, GBP, CAD, USD AUD: MI Leading Index m/m, it measures Change in the level of a composite index based on 9 economic indicators. GBP: CPI y/y, it measures Change in the price of goods and services purchased by consumers. GBP: Core CPI y/y, it measures Change in the […]
Upcoming Market Updates: NZD, GBP, JPY, USD, CAD, EUR
Upcoming Market Updates: NZD, GBP, JPY, USD, CAD, EUR NZD: Business NZ Manufacturing Index, it measures Level of a diffusion index based on surveyed purchasing managers in the services industry. GBP: Rightmove HPI m/m, it measures Change in the asking price of homes for sale. JPY: Revised Industrial Production m/m, it measures Change in the […]
Upcoming Market Updates: NZD, USD, GBP, JPY, AUD, EUR, CHF, USD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: NZD, USD, GBP, JPY, AUD, EUR, CHF, USD NZD: FPI m/m, it measures Change in the price of food and food services purchased by households. USD: FOMC Member Bowman Speaks, Federal Reserve FOMC members vote on where to set the nation’s key interest rates and their public engagements are often […]
AUD/USD falls to new 18-month low
AUD/USD falls to new 18-month low AUD/USD continues to lose ground and can’t find its footing. The Aussie started the week on the wrong foot, with a decline of 1.0% on Monday. AUD/USD is trading at 0.6266 down 0.52%. Earlier the day, the Australian dollar fell to 0.6247, its lowest level since April 2020. Australia […]
Upcoming Market Updates: NZD, EUR, GBP, CHF, CAD, USD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: NZD, EUR, GBP, CHF, CAD, USD NZD: ANZ Business Confidence, it measures Level of a diffusion index based on surveyed manufacturers, builders, retailers, agricultural firms, and service providers. EUR: Spanish Flash CPI y/y, it measures Change in the price of goods and services purchased by consumers. GBP: MPC Member Ramsden […]
Upcoming Market Updates: GBP, JPY, EUR, USD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: GBP, JPY, EUR, USD GBP: Rightmove HPI m/m, It’s a leading indicator of the housing industry’s health because rising house prices attract investors and spur industry activity. JPY: Flash Manufacturing PMI, it measures Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry. EUR: German Buba […]
GBP down during Asian Trade
GBP down during Asian Trade The pound was aggressively lower during Asian trade. CME stopped trading of GBP futures. GBP/USD touched a record low. Combination of the UK’s mini budget and flight to the dollar weigh on sterling. The GBP was already facing heavy selling pressure on Friday when the UK’s new chancellor unveiled his […]
Upcoming Market Updates: AUD, NZD, GBP, USD, USD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: AUD, NZD, GBP, USD, USD AUD: MI Leading Index m/m, it measures Change in the level of a composite index based on 9 economic indicators. AUD: RBA Deputy Gov Bullock Speaks, She’s responsible for advising Reserve Bank Board members – who decide where to set the nation’s key interest rates […]
Increase Success Ratio by these Trading Tools in forex trading
Increase Success Ratio by these Trading Tools in forex trading Brokers play a vital role and make a life by far for traders and investors. Due to brokers only, smooth transactions in the world’s largest financial market are possible. All transactions require a middle man and it is the broker who helps to execute each […]