Category Finance

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US August retail sales control group +0.3% versus +0.3% expectedCanada August CPI 2.0% vs 2.1% expectedUS September NAHB home builder sentiment 41 vs 40 expectedUS July business inventories 0.4% versus 0.3% expectedUS August industrial production +0.8% vs +0.2% expectedUS treasury auctions off $13 billion of 20 year bonds…

The numbers via oilprice.com on Twitter: — Expectations I had seen centred on: Headline crude -0.5 mn barrelsDistillates +0.6 mn bblsGasoline +0.2 mn — This data point is from a privately-conducted survey by the American Petroleum Institute (API). It’s a survey of oil storage facilities and companiesThe official…

RBA Assistant Governor (Financial System) Jones is speaking at 9.20am Melbourne time: 2320 GMT1920 US Eastern time He is speaking at a Fintech event. I don’t expect much, if anything, on his views on the economy or monetary policy, but a heads up on the off chance. This…

This data point tends not to shift NZD/USD around much at all upon release. More data yet to come from NZ: This article was written by Eamonn Sheridan at www.forexlive.com.

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The USDJPY is ticking above the 200-hour MA at 141.988. The next target comes in at 38.2% retracement of the move down from the September high. That level comes in at 142.485. Move above that, and the door opens for a move toward 143.38 to 143.67 where the…

USD/JPY has extended to the highs of the day, up 154 pips to 142.15. It’s been a strong reversal after the pair touched a 2024 low of 139.59 yesterday. I’m kicking myself a bit because the doji reversal yesterday was a sign of a turn and with the…

Not so long ago, Germany was considered the engine of the EU economy. When things went wrong for other countries in the bloc, there was always the hope that Berlin would come to the rescue. But now, it seems that the safety net is slowly deflating: the country’s…