PBOC is expected to set the USD/CNY reference rate at 7.3103 – Reuters estimate

People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank Read More →

BOJ minutes – discussed if wage hikes would continue while profits weak for many firms

Nothing in these is a game changer. Headlines via Reuters: Members agreed it was important Read More →

USD/JPY Price Analysis: Bulls Exhaust Above 149.0

USD/JPY maintains a bullish bias despite temporary retreats. A new lower low activates more declines. Read More →

EUR/USD Price Analysis: Dollar Hits 10-Month Top as Yields Soar

The US dollar reached a fresh 10-month high due to a significant surge in US Read More →

EUR/USD trades below 1.0600 marked lowest since March, Eurozone HICP, US Core PCE eyed

Share: EUR/USD trades around 1.0580 close to the lowest levels since March. ECB President Christine Read More →

PBoC sets USD/CNY reference rate at 7.1727 vs. 7.1727 previous

Share: On Tuesday, the People’s Bank of China (PBoC) set the USD/CNY central rate for Read More →

JP Morgan says ‘higher for longer’ worries markets. Also don’t understand frogs.

A note from analysts at JP Moran on developed market central banks apparently having reached Read More →

Japan data – August PPI Services (Corporate Services Price Index) 2.1% y/y (expected 1.8%)

August PPI Services (Corporate Services Price Index) 2.1% y/y expected 1.8%, prior 1.7% Japan Services Read More →

Gold Price Mixed Around $1,924 as Dollar Bulls Mount

XAU/USD could jump higher if it stays above the lower median line (LML). A new Read More →

USD/CAD Outlook: Dollar Firms Amid Fed’s Recent Hawks

Fed officials issued warnings on Friday regarding the likelihood of future rate hikes. Markets estimate Read More →

NZD/USD holds ground above 0.5950 on soft US Dollar

Share: NZD/USD attempts to extend gains due to soft US Dollar (USD). RBNZ’s OCR rate Read More →

USD/JPY stands tall near YTD peak, bulls turn cautious amid intervention fears

Share: USD/JPY refreshes YTD top during the Asian session on Monday, albeit lacks follow-through. Intervention Read More →

Bitcoin price stumbles to 10-day low as the new week gets underway

bitcoin hourly chart Bitcoin is down 1.6% to start the new week. That’s a negative Read More →

Nikkei opens 0.35% higher

High risk warning: Foreign exchange trading carries a high level of risk that may not Read More →

EUR/GBP ends the week knocking on the ceiling near 0.87

Share: The EUR/GBP made a late-week break for the 0.87 handle. The Pound Sterling continues Read More →

Newsquawk Week Ahead: Highlights include US PCE, EZ Flash CPI & China Caixin PMI

Mon: German Ifo (Sep), US National Activity Index (Aug), German State CPIs (Sep) Tue: Swedish Read More →

USD/JPY Weekly Forecast: Bulls Roar Amid BoJ-Fed Divergence

The Fed paused and held rates unchanged, but policymakers flagged the possibility of one last Read More →

GBP/USD Weekly Forecast: BoE’s Retreat Flipping the Pound

The dollar got a boost after the FOMC meeting. Data on initial jobless claims showed Read More →

Forex Today:  Dollar holds firm, focus turns to inflation data

Share: Next week, markets will continue to digest the outcomes of recent central bank meetings. Read More →

AUD/USD rallies despite a firm US Dollar, on risk-on mood and falling US yields

Share: AUD/USD is up 0.51%, benefiting from the overall weakness of US Dollar. Despite hawkish Read More →

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