Yannis Stournaras is the Governor of the Bank of Greece and thus a member of the European Central Bank Governing Council (monetary policy setting committee): […]
JP Morgan is looking for OPEC+ to extend its output cuts into H2 of this year
More: Keep their oil price forecast unchanged (high $80s/90 through may, $85 thereafter)Maintain bullish risk bias around base-line oil price view but flag that it […]
Forexlive Americas FX news wrap: USD/JPY falls back to 153
US factory orders for March 1.6% versus 1.6% expectedBOCs Macklem: There is a limit to how far US/Canada rates can divergeMore from Bank of Canada’s […]
Australian dollar nears the highs of the week as risk trades continue to improve
The mood in markets continues to improve as traders digest yesterday’s FOMC decision. The initial reaction was to sell the dollar and buy risk assets […]
S&P index trades near highs. Remains between 100 day MA below/50 day MA above
The S&P index is trading higher and near session highs. The current price is up 36 points at 5054.25. The high for the day reached […]
USD/JPY specs don’t want to get involved ahead of non-farm payrolls
USD/JPY buyers did what was expected late yesterday after the Japanese Ministry of Finance ordered intervention to weaken the pair: They bought the dip. After […]
Major European stock indices closing the day with mixed results
The major European stock indices are ending the day mixed. The German DAX and France CAC both moved lower. A snapshot of the closing levels […]
AUDUSD traders looking for the next shove. The buyers have the tilt after sellers had shot
The AUDUSD is trading in an up-and-down confined range today. On the downside, a cluster of moving averages is holding support. On the upside, a […]
US factory orders for March 1.6% versus 1.6% expected
Prior month 1.4% revised to 1.2%Factory orders for March 1.6% versus 1.6% expectedFactory orders ex transportation 0.5% versus 1.1% preliminary and 1.1% last monthDurable goods […]
BOCs Macklem: There is a limit to how far US/Canada rates can diverge
BOCs Macklem is on the wires saying: There is a limit to how far US and Canadian interest rates can diverge. Certainly we are not […]