Category Archives: Forex News

Future Sales Expectations at +31% vs +13%: Improved outlook with stronger demand expected, boosted by interest rate cuts (highest since Q2 2021) More widespread plans to increase investment, well above historical average Recession expectations at 15% vs 16% Further easing in capacity constraints, labor shortages less intense Labor shortages among lowest in survey history (ie, […]

US equity markets won’t open today due to the MLK holiday but indications are good for tomorrow with S&P 500 futures up 29 points. Futures were lower before the report saying that Trump won’t impose tariffs today but instead will issue a memo to study trade practices. If anything, I suspect this 0.5% move is […]

I went away for a week to Dubai and it feels like I’m coming back to a different world. The incoming US President launched a memecoin that ballooned his net worth by around $30 billion. That was followed by a similar coin launch from First Lady Malania Trump. CoinTelegraph reports that Trump’s World Liberty Financial […]

$TRUMP Meme Coin Dominates Crypto Markets Amid Frenzy and Controversy The cryptocurrency world is abuzz as President-elect Donald Trump makes waves with the surprise launch of his official meme coin, $TRUMP. Announced across social media platforms on Friday night, this token has skyrocketed in popularity, capturing the imagination of supporters while raising concerns among critics. […]

Rate cuts by year-end Fed: 39 bps (99% probability of no change at the upcoming meeting) ECB: 97 bps (91% probability of rate cut at the upcoming meeting) BoE: 64 bps (82% probability of rate cut at the upcoming meeting) BoC: 58 bps (76% probability of rate cut at the upcoming meeting) RBA: 70 bps […]

Fundamental Overview Copper has been rallying steadily since the start of the month as the market is looking forward to improving global growth in 2025. As a reminder, the Chinese Politburo announced last year that it will adopt a “moderately loose” strategy for monetary policy for 2025 and will seek a “more proactive” fiscal policy. […]

Domestic sight deposits CHF 436.7 bn vs CHF 437.1 bn prior It’s just a marginal change in sight deposits in the past week, following a slight bounce after the start of the new year. This article was written by Justin Low at www.forexlive.com. Source link

The Reuters report, citing sources with knowledge of the matter, says that the appointment will be announced as soon as this week. Once made, Zou is to be the youngest deputy governor at the PBOC. For some context, Zou has a decent history at the central bank having been promoted to director of financial markets […]

The dollar is down as markets are bracing for Trump’s inauguration later in the day. The early signals is that there won’t be anything too significant on the tariffs front and that is putting the dollar off slightly. Trump and Xi also had positive talks over the weekend with the former tweeting this: “I just […]

There is just one to take note of, as highlighted in bold. That being for EUR/USD at the 1.0300 level again. Amid some slight dollar weakness ahead of Trump’s inauguration, the expiries here should act as a magnet to keep price action more contained near the figure level in European trading at least. Also, do […]