traderai.ai

Forex News

Japanese Yen and Australian Dollar Forecast: BoJ, PMIs, Aussie Retail Sales in Focus

Japanese Yen Faces Volatility: PMI contraction and BoJ policy speculation collide as labor market and inflation trends steer USD/JPY sentiment.

Sun, 01 Dec 2024 18:00:40 -0500

Australia Judo Bank Manufacturing PMI remains unchanged at 49.4 in November

Australia Judo Bank Manufacturing PMI remains unchanged at 49.4 in November

Sun, 01 Dec 2024 17:47:03 -0500

Modest and mixed changes in the major currency pairs to start the new trading week

Bitcoin closed on Friday at $97,512 and the digital currency is trading at $97,522 after reaching a high of $97,880 (today) and a low at $95,758 (on Saturday).

Sun, 01 Dec 2024 17:43:04 -0500

Australian manufacturing PMI from November 49.4 versus 49.4 preliminary

Prior month 47.3 Manufacturing PMI final 49.4 versus 49.4 preliminary This article was written by Greg Michalowski at www.forexlive.com.

Sun, 01 Dec 2024 17:14:53 -0500

China's NBS Manufacturing PMI rises to 50.3 in November, Non-Manufacturing PMI eases to 50.0

China's official Manufacturing Purchasing Managers' Index (PMI) rose to 50.3 in November, compared to 50.2 in the previous reading. The reading was in line with the market consensus of 50.2 in the reported month.

Sun, 01 Dec 2024 17:12:32 -0500

NZ Building Consents -5.2% vs 2.4% last month

Prior month 2.6% revised to 2.4% New Zealand October Building consents -5.2% This article was written by Greg Michalowski at www.forexlive.com.

Sun, 01 Dec 2024 16:49:04 -0500

Economic calendar in Asia Monday, December 2, 2024 - Australia Retail Sale

What is scheduled on the economic calendar in the Asian Pacific session for the new day starting December 2. This article was written by Greg Michalowski at www.forexlive.com.

Sun, 01 Dec 2024 16:26:13 -0500

Pound Sterling Takes Advantage of Dollar and Euro Retreat

The dollar has posted further losses during the Thanksgiving period with further position adjustment in evidence and hopes that President-elect Trump will use tariffs as a threat and will pull back from aggressive action. The Euro has gained relief against the dollar, but there are still important reservations over the Euro-Zone outlook.

Sun, 01 Dec 2024 14:00:00 -0500

Crude Oil Week Ahead: OPEC Meeting, Key US Data, and Key Levels

Crude Oil Week Ahead: Crude oil faces volatility risks ahead of the OPEC meeting, now rescheduled for Wednesday to accommodate all members and avoid a clash with the Gulf Summit. Sideways price movements persist, leaning towards a bearish bias for 2025.

Sun, 01 Dec 2024 08:00:00 -0500

Week Ahead: US Jobs Data in Focus

The FP Markets Week-Ahead release highlights key macro drivers to be aware of for the upcoming trading week.

Sun, 01 Dec 2024 05:18:07 -0500

Markets Weekly Outlook – US Dollar's Fate Hinges on NFP as Fed Rate Cut Looms

A week largely dominated by geopolitical developments as the US celebrated the Thanksgiving Holidays ended with somewhat of a whimper. The lack of liquidity was evident on Thursday and Friday as markets looked to make sense of broad development along the geopolitical sphere.

Sun, 01 Dec 2024 01:34:26 -0500

The Weekly Bottom Line: Turkey with a Side of Trade Uncertainty

That didn't take long. This week President-elect Trump surprised markets (and analysts) with the threat of a 25% across-the-board tariff on Canadian and Mexican-made goods, which would be implemented as soon as the incoming administration takes office in January.

Sun, 01 Dec 2024 01:30:35 -0500

Canada's Labour Market Underperformance to Continue Ahead of BoC, Fed Meetings

We expect Canadian employment edged up 10,000 with the unemployment rate rising to 6.7% in November from 6.5% in October. Canada has steadily posted job growth, but not fast enough to keep up with growth in the labour force as the population continues to rise rapidly.

Sun, 01 Dec 2024 01:24:17 -0500

Natural Gas News: Will Reaction to $3.444 Trigger a Monday Gap Opening?

Natural gas prices teeter between bullish breakout and bearish decline. Weather, technicals, and supply data create a volatile outlook for the week.

Sat, 30 Nov 2024 18:28:12 -0500

Oil News: Will More Aggressive OPEC+ Supply Cuts Reverse the Bearish Trend?

Crude oil drops 4.55% to $68, pressured by oversupply forecasts. Can OPEC+ extend deeper cuts to reverse bearish market sentiment?

Sat, 30 Nov 2024 10:55:43 -0500

US Dollar Forecast: Will Traders Defend 105.722 Amid Fed and Inflation Uncertainty?

US Dollar Index drops to 105.615, its steepest weekly loss in 4 months, as inflation data and Fed policy shifts dampen bullish momentum heading into December.

Sat, 30 Nov 2024 09:41:14 -0500

Hang Seng Index Climbs on Stimulus as the Nikkei Drops on BoJ Bets – Weekly Recap

China stimulus speculation lifts Hang Seng and Mainland stocks, while Nikkei dips on BoJ rate hike bets and a stronger Yen.

Sat, 30 Nov 2024 01:00:02 -0500

China NBS Non-Manufacturing PMI came in at 50 below forecasts (50.2) in November

China NBS Non-Manufacturing PMI came in at 50 below forecasts (50.2) in November

Fri, 29 Nov 2024 20:32:13 -0500

China NBS Manufacturing PMI meets expectations (50.3) in November

China NBS Manufacturing PMI meets expectations (50.3) in November

Fri, 29 Nov 2024 20:31:08 -0500

Mexican Peso climbs on traders' optimism following Trump-Sheinbaum's call

The Mexican Peso appreciated against the US Dollar during the North American session as the Greenback extended its downfall and is about to hit its most significant weekly loss in three months. Speculation that US President-elect Donald Trump may moderate his trade rhetoric weighed on the American currency.

Fri, 29 Nov 2024 17:34:41 -0500

Total Pages: 500   |  Showing Page:  1
Next