Category: Ahead

  • Dollar remains supported ahead of Fed speakers; euro awaits ECB decision By Investing.com

    Investing.com – The US dollar rose on Monday, holding on to recent gains as traders digested more stimulus announcements from China ahead of comments from a number of Federal Reserve officials. At 04:00 EST (09:00 GMT), the dollar index, which tracks the greenback against a basket of six other currencies,…

  • Newsquawk Week Ahead: US Retail Sales, ECB, inflation from Japan, NZ, UK and Canada

    Sun: Chinese Inflation Mon: OPEC MOMR, Chinese Trade Balance (Sep), Canada market holiday Tue: SARB Announcement, IEA OMR, UK Jobs Report (Aug/Sep), Swedish CPIF (Sep), German ZEW (Oct), Canadian CPI (Sep), New Zealand CPI (Q3) Wed: Bank of Indonesia Announcement, UK Inflation (Sep) Thu: ECB Announcement, CBRT Announcement, European Council…

  • Bitcoin Price Braces For Volatility Ahead Of Chinese Stimulus Speculations, Options Expiry

    This article is also available in Spanish. Bitcoin (BTC) may see increased volatility in the coming days, driven by speculation surrounding another Chinese fiscal stimulus announcement and the expiration of $1.1 billion worth of Bitcoin options. Chinese stimulus measures to help Bitcoin? According to the State Council Information Office, the…

  • Solana (SOL) Could Regain Steam: Is a Fresh Rally Ahead?

    Solana tested the $135 support level and recently corrected losses. SOL price is rising and may gain upward momentum if it crosses the $144 resistance level. SOL price is trying a new increase from the $135 area against the US dollar. The price is now trading below the $145 level…

  • Solana Bullish Pattern Signals Massive Gains Ahead – 2021 Rally Could Repeat

    This article is also available in Spanish. Solana (SOL) is currently trading at the lower end of the monthly range that began in March, putting the asset at a pivotal level that will determine its price movements in the coming months. As the broader cryptocurrency market faces uncertainty, analysts and…

  • Solana Bullish Pattern Signals Massive Gains Ahead – 2021 Rally Could Repeat

    This article is also available in Spanish. Solana (SOL) is currently trading at the lower end of the monthly range that began in March, putting the asset at a pivotal level that will determine its price movements in the coming months. As the broader cryptocurrency market faces uncertainty, analysts and…

  • Dollar steady ahead of key inflation data By Investing.com

    Investing.com – The US dollar held near a seven-week high on Thursday ahead of the headline inflation report, while the euro remained near recent lows. At 04:15 EDT (08:15 GMT), the dollar index, which tracks the US currency against a basket of six other currencies, was trading largely unchanged at…

  • Dollar hits 10-week high vs yen as Fed easing bets ebb ahead of CPI By Reuters

    Written by Kevin Buckland TOKYO (Reuters) – The U.S. dollar rose to a 10-week high against the yen on Thursday as markets grew more confident about the Federal Reserve’s patient approach to further monetary easing, even as a key inflation report was due later. today. The index, which measures the…

  • US inflation the main event in the day ahead

    Core US CPI YoY (%) So, what did I miss? The dollar remained well positioned over the past week as traders agreed to price in the Fed’s 25 basis point interest rate cut for November now. The soft landing scenario seems more and more certain every day. The odds of…

  • RBNZ Slashes Rates by 50 bps, Signals Further Easing Ahead

    The Reserve Bank of New Zealand (RBNZ) has cut its official cash rate (OCR) by 50 basis points to 4.75%, marking a major shift in its monetary policy stance. The move, while widely expected by markets (as discussed in our events guide), underscores the central bank’s growing concerns about economic…

  • Forexlive Americas FX news wrap 9 Oct: Dollar, yields and stocks move higher ahead of CPI

    The Reserve Bank of New Zealand cut interest rates by 50 basis points causing the New Zealand dollar to fall against all major currencies. The largest decline was against the US dollar by -1.32%, and the US dollar was the strongest among the major currencies today: US CPI data will…

  • Dollar edges higher ahead of Fed minutes; euro weakens By Investing.com

    Investing.com – The US dollar rose on Wednesday ahead of an opportunity to assess US interest rate expectations, while the euro fell. At 04:10 EDT (08:10 GMT), the dollar index, which tracks the US currency against a basket of six other currencies, rose 0.1% to 102.387, not far from its…

  • Dollar edges higher ahead of Fed minutes; euro weakens By Investing.com

    Investing.com – The US dollar rose on Wednesday ahead of an opportunity to assess US interest rate expectations, while the euro fell. At 04:10 EDT (08:10 GMT), the dollar index, which tracks the US currency against a basket of six other currencies, rose 0.1% to 102.387, not far from its…

  • The @Newsquawk Europe Market Open: China finance briefing, ECB and Fed speakers ahead

    Full note ? Asia-Pacific stocks traded mixed, initially benefiting from a technology-led rally on Wall Street, while China’s upcoming fiscal policy summary looms. ?Main developments: The Chinese Ministry of Finance will hold a press conference on October 12 to explain the fiscal policy adjustments. The Reserve Bank of New Zealand…

  • 10,000 fewer children in private schools ahead of Labour’s VAT policy, warns sector

    The number of children in special education has fallen by 10,000 over the past year, as parents expect VAT to be introduced on school fees in January, according to the Independent Schools Council (ISC). The organization estimates that the move could cost the government an additional £93 million to educate…

  • Looking ahead in the forex with a technical look at EURUSD, USDJPY and GBPUSD for Oct 7

    The week is off and running. What technical levels are there for the three major currency pairs for this trading day/week? In this video, I outline and explain where traders should focus not only today, but also as the week progresses. Euro against the US dollar: EURUSD fell sharply last…

  • West Ham chairman blames government tax crackdown for super-rich exodus ahead of budget

    David Sullivan, the chairman of West Ham United and one of Britain’s richest individuals, has criticized the government’s tightening of tax rules for non-residents, blaming the changes for driving the wealthy out of the country. Sullivan, who is the football club’s largest shareholder, has cut the asking price for his…

  • Bitcoin Struggles In Early October: Bullish Rebound Ahead For BTC?

    Bitcoin (BTC) has had a difficult start to a historically bullish October, weighed down by escalating geopolitical tensions in the Middle East. Despite this, the bulls remain optimistic of a turnaround later in the month. Bitcoin’s ‘Uptober’ is off to a patchy start The leading digital asset by reported market…

  • EU plan to press ahead with China EV tariffs bad for ties and green ambitions -Xinhua By Reuters

    BEIJING (Reuters) – The European Commission’s decision to press ahead with tariffs on Chinese-made electric cars threatens to undermine decades of cooperation between China and the European Union and jeopardize climate change goals, Xinhua news agency said on Saturday. The European Union said on Friday that it would go ahead…

  • One-third of homes for sale now chain-free as tax fears loom ahead of budget

    A third of homes currently for sale in the UK are chain-free, as landlords and second homeowners rush to sell amid speculation about potential rises in capital gains tax in the next Budget. According to Zoopla, a real estate search site, the number of agreed-upon home sales is up 25%…