Category: Ahead

  • US stock futures edge higher ahead of key payroll revisions, Fed minutes By Investing.com

    U.S. stock index futures were slightly higher on Wednesday, as investors were cautious ahead of initial revisions to U.S. jobs data and the release of minutes from the Federal Reserve’s latest policy meeting. At 06:20 ET (10:20 GMT), Apple Business Insider stock was up 32 points, or 0.1%, gaining 3…

  • Dollar nears 7-month low ahead of Powell, Swedish crown falls after rate cut By Reuters

    By Ankur Banerjee and Stefano Ribaudo (Reuters) – The dollar hovered near a seven-month low on Tuesday amid bets the U.S. central bank will start cutting interest rates next month, with traders bracing for comments from Federal Reserve Chairman Jerome Powell on Friday. The dollar’s ​​weakness has lifted the euro…

  • Dollar nears 7-month low ahead of Powell, Swedish crown falls after rate cut By Reuters

    By Ankur Banerjee and Stefano Ribaudo (Reuters) – The dollar hovered near a seven-month low on Tuesday amid bets the U.S. central bank will start cutting interest rates next month, with traders bracing for comments from Federal Reserve Chairman Jerome Powell on Friday. The dollar’s ​​weakness has lifted the euro…

  • Wall St ends higher, extending rally ahead of Jackson Hole By Reuters

    By Steven Kolb NEW YORK (Reuters) – U.S. stocks rose on Monday, posting their biggest weekly percentage gain this year as investors focused on the Democratic National Convention and the upcoming Jackson Hole Economic Symposium. The tech-heavy Nasdaq led all three major U.S. stock indexes to a higher close, helped…

  • US stocks edge higher; cautious trading ahead of Jackson Hole, Fed minutes By Investing.com

    U.S. stocks rose on Monday, steadying after last week’s strong gains, as investors awaited minutes from the Federal Reserve’s latest policy meeting, as well as the central bank’s Jackson Hole symposium, for clues on future monetary policy. By 09:35 ET (13:35 GMT), the index was up about 90 points, or…

  • Yuan up as dollar wobbles ahead of Jackson Hole By Reuters

    SINGAPORE (Reuters) – China’s yuan was on track for its biggest gain in two weeks on Monday, benefiting from a broad sell-off in the dollar as investors bet on a U.S. interest rate cut, but it weakened against the strong yen. The Chinese currency rose to 7.1314 yuan per dollar…

  • Week Ahead in FX (August 19 – 23): FOMC-Related Events Plus Global Inflation And PMI Updates

    Speculation about the Fed’s September policy decision will intensify this week as the central bank releases the minutes of its August meeting and several FOMC members take center stage at the annual Jackson Hole symposium. Inflation data from Japan and Canada will also get some attention after the Bank of…

  • Newsquawk Week Ahead: Jackson Hole, Fed and ECB Minutes, Canada and Japan CPI, Flash PMI

    19th-23rd August 2024: Mon: US Democratic National Convention (Aug 19-22), Bank of Indonesia Announcement, New Zealand Trade Balance (Jul) Tue: US Democratic National Convention (Aug 19-22), PBoC LPR, RBA Minutes, Riksbank Announcement, CBRT Announcement, EZ Final CPI (Jul), Canadian CPI (Jul) Wed: US Democratic National Convention (Aug 19-22), FOMC Minutes,…

  • Dogecoin Remains Firmly Ahead Of Shiba Inu In This Metric

    The cryptocurrency sector, led by Dogecoin and Shiba Inu, has seen a series of ups and downs over the past six months. These ups and downs have been highlighted by volatility, which is known as meme coins. Most of these cryptocurrencies have shown similar price movements; hence, their holders have…

  • Dogecoin Remains Firmly Ahead Of Shiba Inu In This Metric

    The cryptocurrency sector, led by Dogecoin and Shiba Inu, has seen a series of ups and downs over the past six months. These ups and downs have been highlighted by volatility, which is known as meme coins. Most of these cryptocurrencies have shown similar price movements; hence, their holders have…

  • FTM secures top gainer spot with 8% jump, but market signals caution ahead

    Fantom, a scalable blockchain platform for DeFi, surged 8% in value on the morning of August 16, making it the best performer in the cryptocurrency market. At the time of writing, Fantom (FTM) is still up 8%, trading at $0.393 per coin, according to crypto.news data. The crypto asset’s daily…

  • FTM secures top gainer spot with 8% jump, but market signals caution ahead

    Fantom, a scalable blockchain platform for DeFi, surged 8% in value on the morning of August 16, making it the best performer in the cryptocurrency market. At the time of writing, Fantom (FTM) is still up 8%, trading at $0.393 per coin, according to crypto.news data. The crypto asset’s daily…

  • Dollar edges higher ahead of retail sales; sterling gains on GDP growth By Investing.com

    The US dollar rose slightly on Thursday, but remained close to seven-month lows after benign inflation data, while sterling rose after strong growth data. At 05:45 ET (09:45 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was up 0.1% at 102.452, just above…

  • FTM: Core Proposals Spark 16% Rally Ahead Of Sonic Mainnet Launch

    Fantom’s transition to Sonic has now begun, putting the platform in the spotlight and causing FTM, the original symbol of Fantom, to jump. According to Queen GeckoFTM has gained over 17% since last week, representing the buzz the network migration has created within the community. Related reading The new Sonic…

  • Dollar on back foot ahead of CPI; sterling slips By Investing.com

    Investing.com – The U.S. dollar was steady on Wednesday, after weakening overnight ahead of the July CPI release, while the British pound weakened after benign inflation data. At 05:25 ET (09:25 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was down at 102.277,…

  • Asia FX gains as dollar dips ahead of CPI data; Kiwi battered by rate cut By Investing.com

    Most Asian currencies rose on Wednesday, while the dollar fell after a weak reading on U.S. producer inflation raised hopes that a similar easing in consumer inflation would lead to deeper interest rate cuts. The New Zealand dollar was an exception, posting sharp losses after the Reserve Bank of New…

  • Dollar edges higher ahead of PPI; sterling rises on wage data By Investing.com

    The U.S. dollar rose in narrow trading ranges on Tuesday, as traders awaited the release of the July producer price index, the first double-digit inflation bill this week, for clues on the Federal Reserve’s future monetary policy decisions. At 05:10 ET (09:10 GMT), the dollar index, which tracks the greenback…

  • UK labour market report in focus in the session ahead

    Major currencies are still trading mostly flat, with smaller ranges remaining so far today. There will be another tentative session in Europe, with market players watching key US data this week. Here’s a look at the USD pairs and their daily ranges at the moment: Looking ahead to the session…

  • Is a Bullish Move Ahead?

    Bitcoin price remained above the $57,650 support area. Bitcoin price is now rising and a move above the $60,000 resistance area could target. Bitcoin started the recovery wave above the $58,500 resistance area. The price is trading below the $60,000 level and the 100-hour simple moving average. There is a…

  • Is a Bullish Move Ahead?

    Bitcoin price remained above the $57,650 support area. Bitcoin price is now rising and a move above the $60,000 resistance area could target. Bitcoin started the recovery wave above the $58,500 resistance area. The price is trading below the $60,000 level and the 100-hour simple moving average. There is a…