Thursday , 9 January 2025

Forex

Forex

USD/CAD posts modest gains below the 1.3500 barrier, investors await US Retail Sales data

The USD/CAD pair posts modest gains below the 1.3500 mark during the early Asian session on Wednesday.

Forex

Japan wage talks – Toyota responds to Union wage hike demand in full

Reuters conveying info from Japanese media. That headline is not clear. I am not sure if Toyota has accepted the wage hike demand...

Forex

ECB’s Cipollone is speaking Wednesday

European Central Bank board member Piero Cipollone is speaking on Wednesday:at 1145 GMT, which is 0745 US Eastern timehe is giving virtual concluding...

Forex

PBOC is expected to set the USD/CNY reference rate at 7.1775 – Reuters estimate

People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for...

Forex

ECB’s Wunsch: The central Bank can cut interest rates before wages inflation falls to 3%

European Central Bank (ECB) Governing Council member Pierre Wunsch spoke at a news conference on the Belgian national bank's annual report, stating that...

Forex

GBP/USD struggles to gain ground above the 1.2800 mark, UK GDP data eyed

The GBP/USD pair holds below the 1.2800 psychological barrier during the early Asian trading hours on Wednesday.

Forex

Bank of America have raised their S&P earnings outlook for 2024 and 2025

Bank of America raised its 2024 earnings-per-share estimate for the S&P 500 to $250 from $235 ( & for 2025, Bank of America...

CryptocurrencyForex

Bernstein analysts “are now more convinced about our $150K price (forecast) for Bitcoin”

Bernstein analysts reiterating their price projection of USD150,000 for Bitcoin:bitcoin will ‘break out’ after the next halving eventcite booming exchange-traded fund (ETF) inflows:...

Forex

US Energy Information Administration data due Wednesday: 2.8 mn bbl build expected

The private survey results were a huge surprise draw:Private survey of oil inventories shows a huge headline crude draw vs the build expectedAnalysts...

Forex

US President Biden has won enough delegates to lock in the 2024 Democratic nomination

No suprise here.The other (near lock, and it won't be long until he is) contender, Trump, has just one another primary, in Georgia.Yeah,...