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<ul><li>Prior 38.3</li></ul><p>There remains a sustained downturn in new orders for Germany's construction sector, with housing activity – once again the worst performer – seeing yet another sharp fall on the month. This is the lowest reading in roughly 3½ years. Demand conditions remain rough with acc

<p>As a reminder, this workshop discussion is part of a long-term review by the BOJ on its past monetary policy steps. The next one is expected to be held some time around May next year. If anything, it can be seen as a symbol of potential policy change at the central bank as they look […]

<ul><li>Eurostoxx +0.2%</li><li>Germany DAX +0.1%</li><li>France CAC 40 +0.1%</li><li>UK FTSE +0.2%</li><li>Spain IBEX flat</li><li>Italy FTSE MIB +0.3%</li></ul><p>The gains are light but may look to extend if we do see some added follow through from Wall Str

<p>Long and short term technical analysis showing when bulls or bears are in control, watch video</p><p data-sourcepos="5:1-5:19">S&amp;P 500 Market Overview</p><p data-sourcepos="5:1-5:19">As the S&amp;P 500 navigates a critical juncture, astute ForexLive traders must remain vigilant in und

<ul><li>Prior +0.2%</li></ul><p>That's another volatile reading as there was a plunge in Germany's factory orders to start Q4. The statistics office notes that it is mostly due to the performance of the "manufacture of machinery and equipment" sector, where new orders declined by 13.5% after seasona

<p>There is just one to take note of, as highlighted in bold.</p><p>That being for EUR/USD at the 1.0800 mark, which could act as a bit of a magnet for price action considering the lack of appetite we're seeing so far today. The pair is still sitting within a 13 pips range only between 1.0788 and […]

<p>The BOJ is in a race up against the clock right now but perhaps that might not matter too much. As noted in yesterday's post <a href="https://www.forexlive.com/news/can-the-boj-beat-the-inflation-clock-20231205/" target="_blank" rel="follow">here</a>, policymakers will still spin the narrative

<p>The plunge in bold yields yesterday didn't do much to harm the dollar but traders will perhaps have to tread more carefully as we get closer to the US non-farm payrolls on Friday. And the ADP employment change roulette today will be one that could have more impact than the JOLTS data yesterday, even with […]

<ul><li>Aside from wages and prices, must look at consumption, capex, and overseas developments also</li><li>Then only we can decide when to exit easy policy</li><li>Will have to make a decision at some point while looking at mixed batch of signals from the economy</li><li>Not confident to say precise

<p>The post-RBA drop yesterday saw AUD/USD took out its 200-day moving average (blue line) and that is the key technical point of contention today, with the pair up 0.5% to 0.6580 currently:</p><p>The key level is sitting at 0.6577 and if buyers can push back above that, it will be a good platform to build back […]