Chinese yuan strengthens sharply as Beijing pushes back for now
The barrage of easing measures this week was meant to bolster the economy and shore up confidence in domestic markets.…
Category: Forex News
Germany July Ifo business climate index 87.0 vs 88.9 expected
Prior 88.6 Current conditions 87.1 vs 88.5 expected Prior 88.3 Expectations 86.9 vs 89.0 expected Prior 89.0; revised to 88.8…
What are the main events for today?
The European session is pretty empty on the data front with just the German IFO as the main highlight. The…
German Ifo business survey the highlight of the agenda in European trading today
The trend is your friend in trading this week. In FX, the Japanese yen has been the outright leader with…
Japan government maintains economic assessment for the month of July
The economy is seen as “recovering moderately, although it recently appears to be pausing”. Besides that, the government downgraded their…
ForexLive Asia-Pacific FX news wrap: USD/JPY lower
ING: “PBOC surprises markets with an off-schedule 20bp cut to the MLF” Horrible images out of Jasper, Canada – fire…
Horrible images out of Jasper, Canada – fire danger in Alberta now is extreme
Alberta is one of the thirteen provinces and territories of Canada. Authorities there are asking for help from the Canadian…
Japan's Nikkei index is more than 10% down from its recent high
Japan benchmark index lower again today, unsurprisingly of course after the falls on Wall Street: Forexlive Americas FX news wrap…
AUD, NZD falling again
AUD and NZD aren;t the only FX falling against the dollar, but they are performing worse than EUR and GBP.…
Japan Services PPI (June) +3% y/y (expected +2.6%, prior +2.5%)
Corporate Service Price Index (CSPI) is Japan’s Services PPI. more to come This article was written by Eamonn Sheridan at…