Australian dollar nears a two-week high as stock markets push higher
The risk mood continues to improve in US markets with the S&P 500 extending gains to 1.6%. In turn, that’s…
Category: Forex News
La Nina expected to form in North America
The natural-gas burning parts of North America are likely to experience a colder winter if La Niña emerges. Today, US…
Eyes on initial jobless claims data after last week's jump
The weekly US initial jobless claims report is due out today and expected to decline to 240K from 249K. Last…
Forexlive European FX news wrap 8 Aug – Some lull ahead of the US jobless claims
The cautious mood holds so far in European morning trade JP Morgan raises probability of US recession by year-end to…
The cautious mood holds so far in European morning trade
S&P 500 futures are down 0.3% while Nasdaq futures are down 0.1% currently. Meanwhile, 10-year Treasury yields are down 5.8…
Magnitude 7.1 earthquake hits Japan's southern region, tsunami warnings issued
NHK is reporting that the earthquake have triggered tsunami warnings for several regions in the Japanese islands of Kyushu and…
JP Morgan raises probability of US recession by year-end to 35%, up from 25% previously
The firm argues that the softer conditions in the labour market may exceed expectations with early signs of a wave…
European indices marked lower at the open today
Eurostoxx -0.8% Germany DAX -0.6% France CAC 40 -0.7% UK FTSE -0.9% Spain IBEX -1.0% Italy FTSE MIB -1.2% S&P…
Eurostoxx futures -0.8% in early European trading
German DAX futures -0.5% UK FTSE futures -0.6% That follows the stronger gains yesterday, which were before the mood music…
It's an empty economic calendar in Europe today
The storm clouds are brewing again and that is keeping markets on edge as we look towards European trading. There…