forex live

Joining OPEC+ is a big difference from joining OPEC but it might be the first step. I don't understand how a country stands to benefit from...

Prior month +1.1% (they were expecting -1.8%) revised to 1.0%Pending home sales -1.5% versus -2.0% expectedPending home index 71.4 versus 72...

This is a pretty big cut. It's not clear from the report how long the agreement is for. If it's through Q1, that would be extra bullish.OPEC...

It is a month and today and US stocks have enjoyed a banner month. The S&P and NASDAQ index remain on track for the best month since July 20...

Reuters is citing two sources with the report. I'm not surprised by this but it suggests that it will be somewhere between 1.3m-2m, includin...

There is a lot of fundamental news to digest in trading today. The initial jobs claims in continuing claims showed weakness in employment, b...

This isn't a surprise, the JMMC talks about production and makes forecasts for demand. It's up to OPEC to make the decisions. The meeting is...

Meetings used to be for deciding things.But with central banks and oil cartels, it's all decided ahead of time nowdays. The OPEC JMMC monito...

Bonds are selling off, gold is lower and the US dollar is strengthening after headlines continue to suggest that OPEC will deliver a collect...

The US PCE data came in as expected across all monthly and yearly measures and headline and core as well. The surprise was in the continuin...

Initial jobs claims prior week 209K revised to 211Kinitial jobs claims vs 220K estimate.4 week moving average of initial jobs claims to 220K...

Prior was +3.7%PCE core m/m +0.2% vs +0.2% expectedPrior core m/m +0.3%Headline PCE +3.0% vs +3.0% y/y expected (prior +3.4%)Deflator m/m +0...

As the North American session begins. the USD is the strongest of the major currencies while the EUR is the weakest. The latest Eurozone da...

Headlines:Markets now see first ECB rate cut in April 2024USD/JPY rebounds as key technical level holds for nowEurozone November preliminary...

Muto says that as things stand, there is a high chance for yield curve control (YCC) and negative rates to be scrapped - possibly as early a...

Technologicaladvancements are propelling a remarkable transformation in the Forex market, adynamic arena where fortunes are made and lost....

Here's a snapshot of price action in WTI crude over the last week or so:The latest news is this one here, with reports stating that the addi...

And there is word now that we might see deeper production cuts make its way through. Reuters is saying that these additional cuts will be mo...

USD/JPY is now up 0.2% on the day to 147.56 as buyers are leaning on the 100-day moving average (red line) at 147.05 to put a defence so far...

Prior +2.9%Core CPI +3.6% vs +3.9% y/y expectedPrior +4.2%After the softer-than-expected readings from Spain, Germany, France (and also Ital...

Prior 6.5% This article was written by Justin Low at www.forexlive.com.

The first full rate cut is now priced in for April next year, with a total of 116 bps worth of rate cuts currently priced in for the year it...

Prior 30kUnemployment rate 5.9% vs 5.8% expectedPrior 5.8%That marks another increase in German unemployment with the jobless rate also tick...

The dollar has now pared losses against the commodity currencies, with the euro and pound nudging lower as well against the greenback on the...

Eurostoxx +0.1%Germany DAX +0.2%France CAC 40 +0.2%UK FTSE -0.2%Spain IBEX +0.1%Italy FTSE MIB +0.2%The gains are light as the session gets...