US ISM Manufacturing PMI due Wednesday – range of estimates (Also ADP employment)

Taking a back seat to the Federal Open Market Committee (FOMC) statement and Powell’s presser Read More →

EUR/USD Price Pauses Upside by 1.0675, Eyes on FOMC

The bias is bullish in the short term, as the US dollar is bearish. US Read More →

GBP/USD Price Analysis: Dollar Pauses Ahead of FOMC

The dollar appears likely to end the month flat. Traders are anticipating the Bank of Read More →

USD/JPY Outlook: Yen Slides Amid BoJ Policy Shift

The BOJ tiptoed away from its longstanding monetary stimulus program. The yen depreciated by approximately Read More →

USD/JPY spikes to fresh daily top, retakes 150.00 mark after BoJ policy decision

Share: USD/JPY attracts fresh buying on Tuesday and draws support from a combination of factors. Read More →

BoJ Quarterly Outlook Report: Inflation likely to slow, then re-accelerate as wages rise

Share: The Bank of Japan’s (BoJ) published its quarterly outlook report, following its October policy meeting, with key highlights Read More →

JPMorgan Securities Japan expects BOJ to start tweaking policy in 2024, remove YCC first.

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

ECB Vice President Luis de Guindos is speaking on Tuesday

Due on Tuesday, 31 October 2023 at 1630 GMT, 1230 US Eastern time: Remarks and Read More →

USD/JPY Outlook: Dollar Anchors Yen Near 150 Ahead of BoJ

Recent data indicated a significant increase in US consumer spending in September. Markets are pricing Read More →

AUD/USD Forecast: Australian Retail Sales Skyrocket in Sep

September witnessed a remarkable surge in Australian retail sales. The likelihood of an RBA hike Read More →

Australian Dollar moves above the major level after stronger Retail Sales

Share: Australian Dollar’s strength is reinforced by stronger Retail Sales.  Australia’s Retail Sales surged to 0.9%, significantly Read More →

USD/INR loses traction, RBI’s OMO eyed

Share: Indian Rupee edges higher on Monday on the softer US Dollar (USD). A lower Read More →

Bank of Canada Governor Macklem and Senior Deputy Rogers are speaking Monday

The Bank of Canada’s Tiff Macklem, Governor, and Carolyn Rogers, Senior Deputy Governor will both Read More →

ECB and Riksbank speakers due on Monday

1300 GMT / 0900 US Eastern time: ECB Vice President Luis de Guindos is speaking Read More →

PBOC sets USD/ CNY reference rate for today at 7.1781 (vs. estimate at 7.3165)

The People’s Bank of China set the onshore yuan (CNY) reference rate for the trading Read More →

Canadian Dollar chalks in a fourth consecutive down day, Loonie falls back further

Share: The Canadian Dollar continues to lose ground, down 1% on the week. Loonie traders Read More →

S&P 500 enters correction territory, ending Friday just shy of $4,100

Share: The S&P 500 is extending declines into a two-week stretch, down over 5% for Read More →

US Dollar closes the week with mild losses ahead of Fed’s decision

Share: The US Dollar is trading soft against its rivals and seems to be consolidating Read More →

EUR/JPY dips on risk-aversion, and Tokyo CPI sparking speculations of BoJ normalization

Share: EUR/JPY trades at 158.06, down 0.48%, as BoJ normalization speculations gain traction. Escalating Middle Read More →

Israel ground offensive underway but so far the fighting is limited to Gaza

It’s tough to assess in exactly is happening in Gaza because electricity and communications have Read More →

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