Forexlive Latest News

Forexlive Latest News

News

New Zealand Building Permits for March 2024 -0.2% m/m (prior +14.9%)

New Zealand Building Permits for March 2024 -0.2% m/m (prior +14.9%)

Eamonn Sheridan
Eamonn Sheridan
Wednesday, 01/05/2024 | 23:11 GMT-0
01/05/2024 | 23:11 GMT-0
Central Banks

Japan's Ministry of Finance have revealed their very weak hand propping up the yen

Japan's Ministry of Finance have revealed their very weak hand propping up the yen

  • While the Bank of Japan do the intervention, it's the MoF pulling the strings
Eamonn Sheridan
Eamonn Sheridan
Wednesday, 01/05/2024 | 22:24 GMT-0
01/05/2024 | 22:24 GMT-0
Central Banks

Bank of Canada's Rogers says not seeing a high level of stress in the mortgage market

Bank of Canada's Rogers says not seeing a high level of stress in the mortgage market

  • Rogers and Macklem appearing in parliament (committee)
Eamonn Sheridan
Eamonn Sheridan
Wednesday, 01/05/2024 | 21:51 GMT-0
01/05/2024 | 21:51 GMT-0
Education
Sponsored

Karma3 Labs Raises a $4.5M Seed Round Led by Galaxy and IDEO CoLab to Build OpenRank

Karmalabs

Karma3 Labs Raises a $4.5M Seed Round Led by Galaxy and IDEO CoLab to Build OpenRank

  • Introducing trust and reputation mechanisms is critical to web3.
Karma3
Friday, 01/03/2024 | 16:29 GMT-0
01/03/2024 | 16:29 GMT-0
Central Banks

Japan's Kanda says he has nothing to say about whether Japan intervened in the yen

Japan's Kanda says he has nothing to say about whether Japan intervened in the yen

  • LOL
Eamonn Sheridan
Eamonn Sheridan
Wednesday, 01/05/2024 | 21:45 GMT-0
01/05/2024 | 21:45 GMT-0
Central Banks

Bank of Canada Governor Macklem - cut in rates a signal we are on track to 2% inflation

Bank of Canada Governor Macklem - cut in rates a signal we are on track to 2% inflation

  • Ueda has meant Macklem is getting drowned out!
Eamonn Sheridan
Eamonn Sheridan
Wednesday, 01/05/2024 | 21:26 GMT-0
01/05/2024 | 21:26 GMT-0
Central Banks

"Wow, USD/JPY is up nearly 200 points!" (Man seeing tree, not forest)

"Wow, USD/JPY is up nearly 200 points!" (Man seeing tree, not forest)

  • Wild swings in yen crosses after the BoJ intervenes at the thinnest liquidity time of day.
Eamonn Sheridan
Eamonn Sheridan
Wednesday, 01/05/2024 | 21:15 GMT-0
01/05/2024 | 21:15 GMT-0
News

Those wide spreads you are seeing in yen crosses are a feature, not a bug

Those wide spreads you are seeing in yen crosses are a feature, not a bug

  • Intervention selling in USD/JPY at this time of day will do that
Eamonn Sheridan
Eamonn Sheridan
Wednesday, 01/05/2024 | 20:53 GMT-0
01/05/2024 | 20:53 GMT-0
Central Banks

USD/JPY is cratering, drops under 155.00 in super-thin intervention trade

USD/JPY is cratering, drops under 155.00 in super-thin intervention trade

  • Bank of Japan getting bang for the buck, at a cost, at this time of the FX 24 hour cycle
Eamonn Sheridan
Eamonn Sheridan
Wednesday, 01/05/2024 | 20:35 GMT-0
01/05/2024 | 20:35 GMT-0
NZDUSD buyers took their shot above 200 day MA/50% retracement and missed
Technical Analysis

USDJPY falls below 100 hour MA and runs lower.

USDJPY

USDJPY falls below 100 hour MA and runs lower.

  • Price is back toward the 200 hour MA.
Greg Michalowski
Greg Michalowski
Wednesday, 01/05/2024 | 20:25 GMT-0
01/05/2024 | 20:25 GMT-0
Education
Sponsored

BinaryX IGO to List Project Matthew: Build A Space City With ERC-404 NFTs

binaryx

BinaryX IGO to List Project Matthew: Build A Space City With ERC-404 NFTs

  • Project Matthew is a space-building simulation game.
BinaryX
Thursday, 29/02/2024 | 12:02 GMT-0
29/02/2024 | 12:02 GMT-0
Central Banks

USD/JPY slammed lower

USD/JPY slammed lower

  • Cheapskate intervention from the Bank of Japan right after the US close.
Eamonn Sheridan
Eamonn Sheridan
Wednesday, 01/05/2024 | 20:19 GMT-0
01/05/2024 | 20:19 GMT-0
Central Banks

Bank of Canada Governor Macklem expects core inflation to continue to ease gradually

Bank of Canada Governor Macklem expects core inflation to continue to ease gradually

  • Macklem says getting close to cutting rates
Eamonn Sheridan
Eamonn Sheridan
Wednesday, 01/05/2024 | 20:18 GMT-0
01/05/2024 | 20:18 GMT-0
Central Banks

CAD traders - Macklem speaking imminently (1615 Eastern time 2015 GMT)

CAD traders - Macklem speaking imminently (1615 Eastern time 2015 GMT)

  • Governor of the Bank of Canada, Tiff Macklem, and Senior Deputy Governor Carolyn Rogers will appear before the Standing Senate Committee on Banking, Commerce and the Economy.
Eamonn Sheridan
Eamonn Sheridan
Wednesday, 01/05/2024 | 20:13 GMT-0
01/05/2024 | 20:13 GMT-0
News

Broader stock indices snatch defeat from the jaws of victory

Broader stock indices snatch defeat from the jaws of victory

  • S&P and NASDAQ give up gains post Powell press conference
Greg Michalowski
Greg Michalowski
Wednesday, 01/05/2024 | 20:09 GMT-0
01/05/2024 | 20:09 GMT-0
News

Forexlive Americas FX news wrap: Fed pushes back against rate hike fears

Forexlive Americas FX news wrap: Fed pushes back against rate hike fears

  • Forex news for North American trading on May 1, 2024
Adam Button
Adam Button
Wednesday, 01/05/2024 | 20:05 GMT-0
01/05/2024 | 20:05 GMT-0
News

Economic calendar in Asia Thursday, 2 May 2024, Bank of Japan minutes

Economic calendar in Asia Thursday, 2 May 2024, Bank of Japan minutes

  • March meeting minutes from the BoJ are quite stale by now
Eamonn Sheridan
Eamonn Sheridan
Wednesday, 01/05/2024 | 19:58 GMT-0
01/05/2024 | 19:58 GMT-0
Education
Sponsored

Backpack Raises $17 Million Strategic Series A Round Led by Placeholder VC

Backpack

Backpack Raises $17 Million Strategic Series A Round Led by Placeholder VC

  • The round attracted strong interest from other leading web3 ecosystem players.
Backpack
Wednesday, 28/02/2024 | 14:08 GMT-0
28/02/2024 | 14:08 GMT-0
News

Trade ideas thread - Thursday, 2 May, insightful charts, technical analysis, ideas

Trade ideas thread - Thursday, 2 May, insightful charts, technical analysis, ideas

  • Join the discussion and stay ahead in the forex market.
Eamonn Sheridan
Eamonn Sheridan
Wednesday, 01/05/2024 | 19:57 GMT-0
01/05/2024 | 19:57 GMT-0
News

A review of the price action in the major markets before, during and after

A review of the price action in the major markets before, during and after

  • Dollar lower. Stocks higher. Yields lower.
Greg Michalowski
Greg Michalowski
Wednesday, 01/05/2024 | 19:42 GMT-0
01/05/2024 | 19:42 GMT-0
Central Banks

What we learned from Powell and the Federal Reserve interest rate decision

What we learned from Powell and the Federal Reserve interest rate decision

  • Key takeaways
Adam Button
Adam Button
Wednesday, 01/05/2024 | 19:28 GMT-0
01/05/2024 | 19:28 GMT-0
News

Dollar moves lower. Stocks higher as markets react positively to Powell's comments

Dollar moves lower. Stocks higher as markets react positively to Powell's comments

Greg Michalowski
Greg Michalowski
Wednesday, 01/05/2024 | 18:51 GMT-0
01/05/2024 | 18:51 GMT-0
Central Banks

Powell Q&A: I do think policy is restritive and weighing on demand

Powell Q&A: I do think policy is restritive and weighing on demand

  • Comments from Powell
Adam Button
Adam Button
Wednesday, 01/05/2024 | 18:40 GMT-0
01/05/2024 | 18:40 GMT-0
News

Powell opening statement: Further progress on inflation not assured, path uncertain

Powell opening statement: Further progress on inflation not assured, path uncertain

  • Comments in the opening statement in the FOMC statement
Adam Button
Adam Button
Wednesday, 01/05/2024 | 18:32 GMT-0
01/05/2024 | 18:32 GMT-0
Education
Sponsored

Scalping or Day Trading. Which Trading Style Should a Trader Choose?

Octa

Scalping or Day Trading. Which Trading Style Should a Trader Choose?

  • Scalping and day trading is a question that concerns most novice traders.
Octa
Wednesday, 28/02/2024 | 09:28 GMT-0
28/02/2024 | 09:28 GMT-0
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