Euro Steadies Ahead of Crucial Fed and ECB Meetings This Week. Higher EUR/USD?
Euro, EUR/USD, US Dollar, Fed, ECB, China PMI, AUD/USD. Crude Oil – Talking Points Euro support eased as markets look toward rate changes this week. A strong Chinese PMI wasn’t enough to overcome weak local data for the Aussie The Fed, ECB and BoE are in the box seat this week. Where will EUR/USD end […]
Economic calendar for the week 30.01.2023 – 05.02.2023
2023.01.30 2023.01.30 Economic calendar for the week 30.01.2023 – 05.02.2023 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Review of the main events of the Forex economic calendar for the next trading week (30.01.2023 – 05.02.2023) Thanks to the strengthening on Thursday and Friday, the dollar managed to end the week in positive territory with its DXY index demonstrating a modest […]
Market nervous before huge week of earnings and Fed announcement
Here is what you need to know on Monday, January 30: Markets are pretty quiet this morning as we have a lot to get through this week. Overnight, equities in Asia were weak as risk-off was the main theme. The Hang Seng closed down nearly 3%, while the Nikkei was flat. No surprise here given we […]
BOE Expected to Hike Again This Week
The BOE will be meeting on Thursday in a fraught environment that could lead to some shake ups in the market. The UK economy is teetering on recession, which makes it difficult for the central bank to fight inflation. Consumer prices have been rising at over five times the target rate. The extraordinary circumstances have […]
Dollar flat as market braces for central bank decisions later in the week By Investing.com
© Reuters. By Geoffrey Smith Investing.com — The dollar was up modestly in early trading in Europe on Monday, at the start of a key week for central bank meetings on both sides of the Atlantic. By 03:00 ET (08:00 GMT), the , which tracks the greenback against a basket of six advanced economy currencies, […]
Market Update – January 30 – Mega Central banks, OPEC, NFP & Earnings week
Trading Leveraged Products is risky China Stock market returns from Luna New Year break. Chinese stocks rose while most other Asian equities fell as investors looked to interest rate decisions scheduled this week in the US, UK and Europe and busy earnings agenda. Nikkei ended at a more than 1-month high today. Global Stocks excluding […]
Dollar clings to gains after U.S. data; traders eye Fed next week By Reuters
2/2 © Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo 2/2 By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar clung to modest gains against the euro on Friday after data showed falling U.S. consumer spending and cooling inflation, and as investors awaited a slew […]
Dollar cautiously firm ahead of busy central bank week By Reuters
© Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Rae Wee SINGAPORE (Reuters) – The dollar firmed on Monday and distanced itself from an eight-month trough ahead of a slew of central bank meetings this week, including the Federal Reserve’s, with traders keenly focused […]
Executive Moves of the Week
Reaching the end of January, the number of executive roles being onboarded this week has dropped marginally in the forex, crypto and fintech industries, but it is expected due to the number of redundancies in the market. Let’s review the executives that have taken on new roles and challenges in our executive moves roundup of […]
European equity close: Another week of gains but the momentum slows
On the day: Stoxx 600 +0.2% German Dax flat France’s CAC -0.1% UK’s FTSE 100 flat Spain’s Ibex +0.2% Italy’s FTSE MIB +0.8% On the week: Stoxx 600 +0.6% German Dax +0.7% France’s CAC +1.3% UK’s FTSE 100 -0.2% Spain’s Ibex +1.5% Italy’s FTSE MIB +2.5% It’s been an incredible run to start the year […]