Reuters Japan Corporate Survey: A third of Japanese companies see the labour shortfall worsening, and 4% believe the shortage is easing. Two-thirds of Japanese companies face severe impact from the labour shortage. A majority of Japanese companies see capital expenditure and wage hikes as this year’s priority investment areas The Reuters survey highlights that two-thirds […]
Category Archives: Forex News
16
Jan
Jan
Nomura assessed Ueda’s comments from Wednesday as being enough to shift their forecast for a Bank of Japan interest rate hike from March to January. The BoJ meet on January 23 and 24. Nomura also shifted its forecast for the following BoJ rate hike to July, from ocot previously. ICYMI, Ueda’s comments sent the yen […]
16
Jan
Jan
The price of WTI crude oil is up $3.05 at $80.55. The high price today reached $80.73. The low was at $77.26 settle price was at $80.04. Buying has continued after the settlement. Looking at the 4-hour chart, the price highs has entered into a swing area between $80.17 and $80.57. The price is testing […]
16
Jan
Jan
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not […]
16
Jan
Jan
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not […]
16
Jan
Jan
Although yields remain near their lows for the day, the EUR/USD has erased all its earlier gains, with the pair recently reaching a low of 1.02867—just above the intraday low of 1.02858. The pair had spiked higher following the CPI data, targeting the swing area between 1.0332 and 1.0343, as well as the 38.2% retracement […]
15
Jan
Jan
Fed Barkin is speaking and says: Inflation is coming down towards the 2% target. Can see paths where inflation is sticky or continues to progress towards target. Was encouraged by the unemployment rate in December. Seems the job market has stabilized. Not much to support arguments that the economy is growing weaker. Not concerned about […]
15
Jan
Jan
Geopolitics: Israel official says Hamas has given green light to Gaza deal. From news source: It seems that the signing of the cease-fire agreement in Gaza will be tonight and the announcement tomorrow Let’s hope that peace remains. WAIT: Israel PM “Contrary to reports, Hamas has not yet responded to the deal”. This article was […]
15
Jan
Jan
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not […]
15
Jan
Jan
That compares with ~62% odds before we got the softer UK CPI report here. Looking out to the entirety of this year, traders are pricing in ~49 bps of rate cuts in total. That is just a slight step down from what was priced in going into the turn of the year. The pound itself […]