March 2023

Bitcoin Technical Outlook: Candlestick Patterns Suggest Bullish Continuation is Possible in Q2

Bitcoin bulls have come back with vengeance after a disappointing 2022, resuming the uptrend from the first quarter of this …

Apr 1, 2023

It quarter end. How did the major currency pairs vs the USD do? What levels to eye in 2Q

<p>Today is quarter end. The USD is ending the quarter mixed with declines vs the <a href="https://ift.tt/N7S2…

Apr 1, 2023

US stock indices close the day near session highs

<p>The major US stock <a href="https://ift.tt/rIvjRbt" class="terms__secondary-term" id="e…

Mar 31, 2023

Australia builder collapse: rising costs, supply chain delays, labor shortage, demand drop

<p>The firm, Porter Davis, had more than 1500 homes in progress in Victoria and a further 200 homes in Queensland.<…

Mar 31, 2023

US Dollar Continues Diverging from the Fundamentals, Will PCE Data Realign Traders?

The US Dollar still found no love as traders continued piling into Wall Street despite not-so-dovish commentary from Federal…

Mar 30, 2023

Commonwealth Bank of Australia expect an RBA pause at the April 4th meeting

<p>From CBA, in brief:</p><ul><li>We ascribe a 55% chance to no change and a 45%probability to a 25b…

Mar 30, 2023

Former US President Trump has been indicted in New York after porn star payment

<p>A Manhattan Grand Jury has voted to indict Trump.</p><p>The New York Times reporting, citing "four…

Mar 30, 2023

Trade ideas thread - Friday, 31 March 2023

<p>Good morning, afternoon and evening all. Last call for the month - the bar is closing soon!</p><p>Any c…

Mar 30, 2023

US equities ring up another gain

<p>US equities opened strongly, then sagged midway through the day on banking worries, then finished about where they …

Mar 30, 2023

PBOC is expected to set the USD/CNY reference rate at 6.8901 – Reuters estimate

<p> PBOC CNY reference rate is due around 0115 GMT. </p> This article was written by Eamonn Sheridan at www.fore…

Mar 30, 2023

ICYMI - Fed's Barr points the finger all over the place to blame for the SVB failure

<p> Federal Reserve Board Vice Chair for Supervision Michael Barr and Federal Deposit Insurance Corporation Chairman M…

Mar 30, 2023

Here's what to expect from the review of the RBA - "biggest shake-up in three decades"

<p>The review of the Reserve Bank of Australia is expected to be delivered to Australia's Treasurer Jim Chalmers o…

Mar 29, 2023

ECB's Schnabel says labour costs possibly indicate 2nd round inflationary effects

<p>ECB board member Isabel Schnabel is speaking in the US, in a panel discussion at 39th Annual National Association f…

Mar 29, 2023

Trade ideas thread - Thursday, 30 March 2023

<p>Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive tr…

Mar 29, 2023

OPEC+ Committee meeting is scheduled for next week - no change recommendation is expected

<p>OPEC's Joint Ministerial Monitoring Committee (JMMC) meets on April 3 2023. </p><p>At the previous …

Mar 29, 2023

US Dollar Dismissed Despite Upbeat Consumer Confidence, Further Pain Ahead?

Despite upbeat US consumer confidence data, the US Dollar did not receive any love on Tuesday as the 2-year Treasury yield g…

Mar 28, 2023

Goldman Sachs targets GBP/USD at 1.19 in 6-months

<p class="western" align="left"> This is via the folks at eFX. </p><p class="western…

Mar 28, 2023

ICYMI - Barclays highlights supply issue implying upside risk to its $92 Brent forecast

<p>Barclay's Brent <a href="https://ift.tt/19eEP40" class="terms__main-term" id="e1f1b…

Mar 28, 2023

Trade ideas thread - Wednesday, 29 March 2023

<p>Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive tr…

Mar 28, 2023

UK data: Annual inflation hits an 18 year high

<p>British Retail Consortium (BRC) said overall shop price inflation rose to 8.9% from 8.4% in February</p><u…

Mar 28, 2023

JP Morgan's Kolanovic repeats that US equities have seen their 2023 high in Q1

<p>A snippet via Marko Kolanovic, JPM's chief global markets strategist:</p><ul><li>Our view rem…

Mar 27, 2023

BoA expect no further Bank of England rate hikes, then rate cuts from 2024

<p>Bank of America on Bank of England monetary policy following the +25bp rate hike last week.</p><p>ICYM …

Mar 27, 2023

Australian Assistant Treasurer says domestic funding markets continue to function well

<p>Assistant Treasurer and Minister for Financial Services Stephen Jones:</p><ul><li> We’ve seen som…

Mar 27, 2023

EUR/USD Bolts Toward Trendline Resistance, GBP/USD Threatens Bullish Breakout

The U.S. dollar weakened widely at the start of the week amid positive market sentiment and reduced demand for haven positio…

Mar 27, 2023

US stocks mixed. Dow and S&P close higher for the 3rd consecutive day

<p>The major US stock indices are closing mixed on the day. The Dow and the S&amp;P are closing higher. The Nasdaq…

Mar 27, 2023

PBOC is expected to set the USD/CNY reference rate at 6.8703 – Reuters estimate

<p>PBOC CNY reference rate is due around 0115 GMT.</p> This article was written by Eamonn Sheridan at www.forexl…

Mar 27, 2023

MUFG looking for USD/JPY to 127 - 128 soon

<p>MUFG on the USD/JPY, says the USD looks vulnerable:</p><ul><li>The scale of easing now priced for…

Mar 27, 2023

North Korea has fired another ballistic missile

<p>North Korean missile launch towards the East Sea.</p><p>Info via South Korean authorities. Japan Coast …

Mar 26, 2023

ECB Vice President de Guindos: banking sector ... “a period of very high uncertainty”

<p>European Central Bank Vice President Luis de Guindos spoke in an interview posted on the ECB’s website on Sunday.&l…

Mar 26, 2023

ICYMI: JP Morgan says market getting it wrong on Deutsche Bank

<p>A wobbly Deutsche Bank last week, <a href="https://ift.tt/yh23zVR" target="_blank" rel="…

Mar 26, 2023

Fed's Kashkari says bank stress could bring the US closer to recession via a credit crunch

<p><a href="https://ift.tt/4oKvFb0" class="terms__main-term" id="0139b451-c49a-48a1-8365-8…

Mar 26, 2023

Bitcoin's rally at a crossroads: Watch out for profit takers

<p>Bitcoin has gone up 86% since November 2022. Why would traders take (at least partial) profit?</p><p>Tr…

Mar 26, 2023

The best thing you'll watch on AI this weekend

<p>The momentum in AI is growing.</p><p>I've been writing about its incredible power for months but wi…

Mar 26, 2023

Unlocking the S&P 500's trading range for next week: Analyzing the volume profile

<p>The S&amp;P 500 has been trading in a range for the previous 30 days, with the volume profile indicating that b…

Mar 26, 2023

Get ahead of the game: Top 7 stocks with high option volume and market sentiment

<p class="text-align-start">Option trading is a complex strategy that requires careful analysis of various f…

Mar 26, 2023

The ultimate video guide to investing in gold: How to buy and store gold like a pro

<p>Video: How to invest in gold by buying real gold coins</p><p>If you're thinking about buying gold a…

Mar 26, 2023

Putin announces Russia will station nuclear weapons in Belarus

<p>Russia will station tactical nuclear weapons in its neighbouring puppet state of Belarus.</p><p>Putin a…

Mar 25, 2023

Reminder - Europe and the UK switch to daylight saving time this weekend

<p>I posted this reminder on Friday, but here to is again ICYMI. Something to be aware of if you are trading European …

Mar 25, 2023

US stocks closed higher for the day and for the week

<p>The major US stock indices are closing higher for the day, and higher for the week. For the trading year, the Dow i…

Mar 24, 2023

ICYMI - US energy secretary Granholm says it could take years to refill oil reserve

<p>US Energy Secretary Jennifer Granholm was speaking in a House of Representatives congressional hearing Thursday. &l…

Mar 24, 2023

Japan February CPI headline 3.3% y/y (expected 4.1%), Core 3.1% y/y (expected 3.1%)

<p>Japan February inflation figures. </p><p>Consumer Price Index, headline rate 3.3% y/y</p><ul&g…

Mar 24, 2023

Morgan Stanley says the end is near - forecast one more FOMC rate hike. May and done.

<p>Morgan Stanley say they expect the final Federal Open Market Committee (FOMC) rate hike of this cycle at the Mayt m…

Mar 23, 2023

Yellen says confident USD will remain the global reserve currency despite China and Russia

<p>As part of her testimony US Treasury Secretary Yellen says that says China and Russia may want to develop an altern…

Mar 23, 2023

Big divergence between tech and the rest of the stock market. Bank worries worsen

<p>The day started off with S&amp;P 500 futures flat but that turned into a big rally shortly afterwards but it di…

Mar 23, 2023

CEO of Citi speaking - talking up bank deposit safety

<p>Citi CEO Jane Fraser is at a Washington Economics Club event</p><ul><li> Says there are 'isol…

Mar 23, 2023

FX option expiries for Thursday, 23 March 2023, 10am New York cut

<p>Some of these appear to be too far away to be of much use ... but you know what they say about "famous last wo…

Mar 23, 2023

S&P 500 Sinks After Powell Speech and Yellen Testimony, Will US Dollar Rebound?

The S&P 500 sank 1.6% in the aftermath of Jerome Powell’s press conference and testimony from Janet Yellen. Risk aversio…

Mar 22, 2023

BoA preview the Bank of England meeting, +25bp rate hike and then on hold

<p> This is via the folks at eFX. </p><p> For bank trade ideas, <a href="https://ift.tt/IKzB6MO ou…

Mar 22, 2023

Coinbase gets a notice from US regulators on enforcement action due to alleged violations

<p>Coinbase discloses receipt of Wells Notice "alleging violations of the federal securities laws" related t…

Mar 22, 2023

Forexlive Americas FX news wrap: Fed hikes 25 basis points, dollar initially falls

<ul><li><a href="https://ift.tt/Us6ZqXu Reserve hikes rates by 25 bps, as expected.</a></li>…

Mar 22, 2023

ICYMI: Russia decided to keep its oil production at a reduced level through June (Novak)

<p>A statement issued by Russia's Deputy Prime Minister Alexander Novak overnight saying that the country's cu…

Mar 21, 2023

Société Générale likes EUR upside over the coming weeks

<p> This is via the folks at eFX. </p><p> For bank trade ideas, <a href="https://ift.tt/d9ZnwjT ou…

Mar 21, 2023

Nasdaq 100 Soars Despite Rally in Yields, VIX in Freefall Ahead of Fed. Now What?

The Nasdaq 100 rallies despite rising Treasury yields amid speculation that the worst of the banking sector turmoil is over …

Mar 21, 2023

It's a light Economic calendar in Asia for Wednesday, 22 March 2023

<p>From Australia we get Westpac's leading index for February. Due at 2330 GMT, which is 1930 US Eastern time:<…

Mar 21, 2023

Trade ideas thread - Wednesday, 22 March 2023

<p>Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive tr…

Mar 21, 2023

US indices surge ahead of Fed's interest rate decision despite rising yields

<p>Major US indices experienced significant gains today, ahead of the Federal Reserve's interest rate decision tom…

Mar 21, 2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2202; (P) 1.2244; (R1) 1.2320; More… GBP/USD’s rise from 1.1801 should be in progress and intraday bias…

Mar 21, 2023

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 130.35; (P) 131.50; (R1) 132.46; More… A temporary low should be in place at 130.52 in USD/JPY. Intraday …

Mar 21, 2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0660; (P) 1.0696; (R1) 1.0759; More… EUR/USD’s break of 1.0759 resistance suggests that correction from…

Mar 21, 2023

RBNZ sees no immediate need to request reinstatement of USD swap line (expired in 2023)

<p>Reserve Bank of New Zealand:</p><ul><li>sees no immediate need to request reinstatement of USD sw…

Mar 21, 2023

Dow Jones, S&P 500 Gain as Bank Sector Volatility Cools Ahead of the Fed

The Dow Jones and S&P 500 gained as bank sector volatility cooled, causing traders to firm Fed rate hike bets for Wednes…

Mar 20, 2023

Australia weekly consumer confidence stumbling along at deeply pessimistic, ugly levels

<p>ANZ-Roy Morgan Australia Consumer Confidence data, a weekly survey.</p><p>Comes in at 76.5</p><…

Mar 20, 2023

Forexlive Americas FX news wrap 20 Mar: GBPUSD trades to the highest level since early Feb

<ul><li><a href="https://ift.tt/oqn3Asf indices close higher. Recovers from early declines</a><…

Mar 20, 2023

Economic calendar in Asia - Tuesday, 21 March 2023 - RBA minutes

<p>All of the data releases listed in our calendar, below, are for New Zealand. The RBA minutes are, of course, from A…

Mar 20, 2023

Stock indices close higher. Recovers from early declines

<p>Major US stock <a href="https://ift.tt/SWV9r4i" class="terms__main-term" id="eb50e0fb-8…

Mar 20, 2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0619; (P) 1.0652; (R1) 1.0698; More… Intraday bias in EUR/USD stays neutral first with focus on 1.0759 …

Mar 20, 2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2122; (P) 1.2162; (R1) 1.2221; More… GBP/USD’s rise from 1.1801 resumed today and intraday bias is back…

Mar 20, 2023

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 131.04; (P) 132.41; (R1) 133.26; More… Intraday bias in USD/JPY remains on the downside at this point. Su…

Mar 20, 2023

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0619; (P) 1.0652; (R1) 1.0698; More… Intraday bias in EUR/USD remains neutral for the moment. On the up…

Mar 20, 2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2122; (P) 1.2162; (R1) 1.2221; More… Intraday bias in GBP/USD remains neutral for the moment. Outlook i…

Mar 20, 2023

PBOC is expected to set the USD/CNY reference rate at 6.8701 – Reuters estimate

<p>PBOC CNY reference rate is due around 0115 GMT.</p><p>Coming up is the People's Bank of China LPR s…

Mar 20, 2023

The quiet Fed is ready to speak

<p> While the expectations for the Fed was turned upside down, the Fed was in a quiet period, where not a word was sai…

Mar 20, 2023

Reserve Bank of Australia's Kent says Australian banks are undeniably strong

<p>Christopher Kent, Reserve Bank of Australia Assistant Governor (Financial Markets) is speaking this morning in Sydn…

Mar 19, 2023

ICYMI - Fed, ECB, BOJ, BOE, BOC, SNB announce coordinated intervention

<p>Emergency liquidity announcements on a Sunday evening. </p><ul><li><a href="https://ift.t…

Mar 19, 2023

Early flows into non-USD FX in early Asia after the UBS-CS deal agreed to

<p>Earlier:</p><p class="article-slot__title title top"><a href="https://ift.tt/wy7JVuZ&…

Mar 19, 2023

Markets Week Ahead: Dow Jones, Nasdaq 100, Gold, US Dollar, Crude Oil, Fed, Powell

The Dow Jones greatly underperformed the Nasdaq as traders flocked to tech stocks in anticipation of aggressive rate cuts fr…

Mar 19, 2023

Fed interest rate decision with technical analysis and forecast

<p>First things first, what's the deal with the rate hike? Well, investors are split on whether the Fed will imple…

Mar 19, 2023

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