Category Archives: Forex News

Trump on Twitter. Shouting out his tariff and tax cut policies. This article was written by Eamonn Sheridan at www.forexlive.com. Source link

Jibun Bank / S&P Global PMIs from Japan for December 2024 Services: 50.9, strongest new business inflows in four months Flash reading was 51.4 (more on this preliminary reading is here) November was 50.5 More: Activity Growth: Modest expansion, supported by domestic demand, though export sales continued to decline. Employment: Payroll numbers increased for the […]

This from the Australian public media, ABC, over the weekend: Its ungated if you want to read the whole thing, but the piece that’s catching notice is where the writer makes the case that the Reserve Bank of Australia might intervene to support the AUD if it falls rapidly and in a disorderly way. Its […]

The item of most interest on the data calendar is the Caixin service PMI from China, for December 2024. We had the official PMIs from China last week, where services showed marked improvement: China official December Manufacturing PMI 50.1 (expected 50.3) Services 52.2 (exp 50.2) China official National Bureau of Statistics (NBS) December 2024 PMIs […]

The USDCHF is lower on the day and testing a swing area going back to April and June 2024 between 0.9086 and 0.90978. If the sellers are to keep pushing, getting and staying below the high of that swing area (up to 0.9100 level) is required. On the downside, the rising 100-hour moving average comes […]

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 […]

Fed’s Barkin is on the wires saying: Baseline outlook for 2025 is positive, with more upside than downside risk to growth As long as employment and asset values remain strong, consumers will spend Inflation still not back to target, more work to do Story of 2025 will be less about monetary policy, more about economic […]

UPCOMING EVENTS: Monday: China Caixin Services PMI, German CPI, Canada Services PMI. Tuesday: Switzerland CPI, French CPI, Eurozone CPI, US ISM Services PMI, US Job Openings. Wednesday: Australia Monthly CPI, Eurozone PPI, US ADP, FOMC Minutes. Thursday: Japan Average Cash Earnings, Eurozone Retail Sales, US NFIB Small Business Optimism Index, US Jobless Claims. Friday: Switzerland […]

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 […]

US economy ended 2024 in a good place Our job on inflation is not done Inflation has been coming down Says she suspects pressures from housing inflation and non-market services inflation are a bump Want to avoid any rapid increase in unemployment They’re in ‘wait-and-see’ mode and will wait for inflation to move or jobs […]