Category Finance

Fundamental Overview Yesterday, the Fed finally started its easing cycle and decided to do it with a 50 bps cut. The market was already leaning towards a 50 bps move, so it wasn’t a surprise. The larger cut was framed as kind of an “insurance” cut with the…

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There are a couple to take note of on the day, as highlighted in bold. And they are all for EUR/USD, layered in between 1.1100 through to 1.1150. Traders are still largely digesting the Fed decision from yesterday but the expiries above could play a role in locking…

The European session is empty on the data front with just a low tier release like the Eurozone current account. Just before the start of the American session, we have the BoE rate decision which is going to be one of the main events for today coupled with…

Eurostoxx +1.0%Germany DAX +0.7%France CAC 40 +1.3%UK FTSE +0.8%Spain IBEX +0.9%Italy FTSE MIB +0.8% S&P 500 futures are up 1.1%, Nasdaq futures up 1.6%, and Dow futures up 0.7% currently. There was a bit of a hiccup right after the Fed decision yesterday but equities are looking to…

The dollar is lower in European morning trade, as the post-Fed reaction is starting to weigh more heavily now. USD/JPY traded to a high of 143.94 in Asia but has been dragged all the way back down now to roughly flat levels on the day at 143.18. Looking…

Fundamental Overview Yesterday, the Fed finally started its easing cycle and decided to do it with a 50 bps cut. The market was already leaning towards a 50 bps move, so it wasn’t a surprise. The larger cut was framed as kind of an “insurance” cut with the…

Looking at the breakdown, surpluses were recorded for goods (€35 billion) and services (€19 billion). Meanwhile, deficits were recorded for secondary income (€13 billion) and primary income (€1 billion). This article was written by Justin Low at www.forexlive.com.

Rate cuts by year-end Fed: 72 bps (62% probability of 25 bps rate cut at the upcoming meeting) 2025: 196 bps ECB: 38 bps (65% probability of no change at the upcoming meeting) 2025: 152 bps BoE: 50 bps (79% probability of no change at today’s meeting) 2025:…

For newcomers to the world of foreign exchange trading, one of the most crucial decisions is determining the optimal time to engage in the forex market. Unlike traditional stock markets, the forex market operates 24 hours a day, five days a week, presenting both opportunities and challenges for…