By ForexTime
Fasten your seatbelts, because the next few days could be wild for the world’s most traded FX pair.
Prices have already kicked off the new trading week in a volati… Read More
GBP/USD is down sharply today. In the North American session, GBP/USD is trading at 1.1150 down a massive 1.58%. The pound continues to exhibit sharp volatility, with swings of over 1% every… Read More
Everyone on Wall Street is trying to figure out if the peak in Treasury yields will stick for a while now that the US is approaching peak growth. The best expansion since World War 2 is… Read More
US equity index futures are performing another omicron U-turn this morning, limiting the fallout in Asian markets of another fairly gruesome Wall Street session on Friday. The driver of the… Read More
Non-farm payrolls: +200k vs. +148k prev. Private payrolls: +196k vs. prev. +146k) Manufacturing payrolls: +15k vs. prev. +25k Unemployment rate: +4.1% vs. prev. +4.1% Average hourly earnings… Read More
Monday May 9: Five things the markets are talking about. Historically, the first trading session after a non-farm payroll (NFP) print tends to be the least volatile day of the month, and tod… Read More
After a weak handover from Wall Street and Asia, European bourses are heading south, giving back some of yesterday’s gains.
A combination of surging US treasury yields overnight and ri… Read More
Non-Farm Payroll-May Anomaly
While the sharp edge of Non-Farm Payroll Day has been dulled by Brexit-driven volatility, none the less, traders will be watching the data intently. Specif… Read More
The main economic event of the week confirmed what everyone was dreading, the unemployment crisis in America could rival what happened in the Great Depression. Jobless claims were file… Read More
Risk appetite is again on the back burner after President Trump and N. Korea’s Kim failed to make any agreement at the Hanoi summit – the meet was cut short by Trump.
Cautious ma… Read More
The US dollar was mixed Friday. The greenback advanced against the commodity currencies (CAD, AUD AND NZD) edging higher against the CHF, but was lower agains the JPY and the EUR. The GBP de… Read More
Sombre Start
Finding the desire to discuss forex markets this morning in the wake of the worst mass shooting in US history is a challenge.
But with heavy hearts, the global markets trudge on… Read More
Wednesday March 30: Five things the markets are talking about
Prior to Ms. Yellen’s Economic club speech in New York yesterday, the markets were experiencing low volatility, a new mark… Read More
The BoE cut their benchmark rate by 50 bps as expected bringing it to 1.50% which is the lowest in the history of the central bank which extend back to 1694. The concern that inflation would… Read More