AUD/USD looks to stop the rot after nine straight days of losses
The bounce today comes as the overall risk mood in markets is also searching for a bit of a respite.…
Category: Forex News
USD/JPY volatility stays in focus after the bounce yesterday
The low yesterday touched 151.93 and that resonated with the May low before catching a bounce. The drive lower fell…
ForexLive Asia-Pacific FX news wrap: A little stability evident
US inflation (PCE) data due Friday – here are the critical ranges to watch US military is building infrastructure in…
US military is building infrastructure in northern Australia – wary of a China crisis
Info via Reuters: As northern Australia re-emerges as a strategically vital Indo-Pacific location amid rising tensions with China, the United…
Goldman Sachs forecast Friday's data, June Core PCE Price Index at 0.2% m/m and 2.6% y/y
Via the Wall Street Journal, a summary of forecasts from investment banks and others: I’ll have the ranges to be…
Goldman Sachs say still forecast a Brent range of USD75 – 90
Reuters reporting remarks from Goldman Sachs: Estimates a peak hit to 2025 oil prices of $11/bbl as a result of…
Tokyo area July inflation data: Headline 2.2% y/y (prior 2.3%)
Tokyo CPI for July 2024 Excluding Fresh Food & Energy 1.5% y/y expected 1.6%, prior 1.8% Excluding Fresh Food 2.2%…
Morgan Stanley says stock rotation turned in deleveraging, eye US$45bn to sell
Reuters with the report, citing a Morgan Stanley said in commentary to institutional clients on Thursday: Computer-driven macro hedge fund…
Forexlive Americas FX news wrap 25 Jul:The USDJPY falls to lowest level since May,&bounces
Decline in US Stocks Continues, Tech Giants Witness Major Losses Yellen says market should determine exchange rates NYT Sienns College…
Decline in US Stocks Continues, Tech Giants Witness Major Losses
Sellers continued in the US stocks at the start of the day, especially in the Nasdaq and S&P indices. Each…