ECB’s Kocher: ECB should keep enough powder dry to be able to react quickly if necessary Slight deviations above or below the 2% target should not trigger any need for action on rates now. I believe inflation rates within the euro zone will converge in the coming year, which is a good thing. This article […]
AUD/USD trades around 0.6550 at the time of writing on Monday, virtually unchanged on the day, as the market digests a batch of mixed US data and awaits key Australian releases. The pair remains confined in a phase of indecision, reflecting the relative weakness of both the Australian Dollar (AUD) and the US Dollar (USD).
Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing
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Dollar fell broadly today, though the move lacked a clear single trigger. Fed expectations barely shifted, with December cut bets ticking up only marginally to 87%, not meaningfully different from last week. US yields were also steady to firmer, with 10-year Treasury yields recovering back above the 4% mark, offering no obvious impetus for a
(Partial video transcript) This week’s trading opportunity Axel Rudolph: Hello everyone and welcome to “Trade of the week” on Monday the 1st of December. And what I would like to do today is to go long EUR/GBP because I believe that the last few days has given analysts I should say enough time to analyse the UK
I’ve just achieved – or endured? – the milestone of 10 years on an institutional FX trading desk. Either way, it feels like the right moment for a little reflection. Let’s start with an assumption: this morning I tapped in with my contactless card for the Elizabeth line, sipped canned matcha, scrolled TikTok and started
Headlines: Markets: JPY leads, USD lags on the day European equities lower; S&P 500 futures down 0.7% US 10-year yields up 2.7 bps to 4.046% Gold up 0.5% to $4,251.61 WTI crude oil up 1.1% to $59.11 Bitcoin down 5.4% to $85,456 It’s always nice when the first day of the new month falls on
European stocks fell on Monday, losing ground after a strong month in November. Investors became more cautious, leading to a wave of “risk aversion” across the markets. The main European index, the STOXX 600, dropped 0.4%. Key national markets in Germany and France saw similar declines of 0.5%. Following a solid run in November, which
For decades, Western corporations viewed China as an irresistible promise—a massive, rapidly growing consumer base that served as a straightforward revenue engine and the cornerstone of global expansion strategies for brands from Starbucks to Tesla. Today, this narrative has fundamentally changed. China remains a critically important market, but the rules of engagement have been entirely
The USD/JPY forecast edges lower as the BoJ’s Ueda left hawkish remarks. The BoJ hinted at rate hikes to prevent a resurgence in inflationary pressure. With Fed easing, the central bank divergence continues to favor the USD/JPY bears in the near term. The USD/JPY forecast remains slightly lower on Monday as the pair slipped to
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Risk aversion returned to Asia at the start of December, lifting Yen sharply across the board. The shift in sentiment coincided with a notable surge in Japanese government bond yields, with the 10-year jumping nearly 0.07 and breaking above 1.87%, its highest level in more than 15 years. . A key catalyst was Governor Kazuo
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
Gold prices rose in Malaysia on Monday, according to data compiled by FXStreet. The price for Gold stood at 563.49 Malaysian Ringgits (MYR) per gram, up compared with the MYR 560.92 it cost on Friday. The price for Gold increased to MYR 6,572.30 per tola from MYR 6,542.41 per tola on Friday. Unit measure Gold
Markets surge despite tech sector shake-up United States (US) stock markets finished higher on Friday, buoyed by growing confidence that the Federal Reserve (Fed) will cut rates at its 10 December Federal Open Market Committee (FOMC) meeting. In a holiday-shortened week, the Nasdaq 100 surged 4.93%, the S&P 500 gained 3.73%, and the Dow Jones added 1,471
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