<p>USD</p><ul><li>The Fed <a href="https://www.forexlive.com/news/fomc-decision-no-change-to-rates-2024-median-dot-46-vs-49-expected-20231213/">left interest rates unchanged</a> as expected at the last meeting with a shift in the statement that indicated the end of the tightening cycle. </li><l
Blogs
China premier Li Qiang says economy estimated to have grown by 5.2% in 2023
<ul><li>Chinese economy has rebounded and moved upward</li><li>Economy had estimated growth of 5.2% in 2023, higher than target of 5%</li><li>Economy is making steady progress, can handle ups and downs in its performance</li><li>Overall trend of long-term growth has not changed</li></ul>&l
Germany January ZEW survey economic sentiment 15.2 vs 12.0 expected
<ul><li>Prior 12.8</li><li>Current conditions -77.3 vs -77.0 expected</li><li>Prior -77.1</li><li>Expectations 15.2</li><li>Prior 12.8</li></ul><p>The reading marks an improvement in German economic sentiment, with the expectations reading showing yet another decent bump
Magnitude 4.8 earthquake reported in Ishikawa prefecture in Japan
<p>The epicenter is one that strikes on land, though the maximum seismic intensity is 5- this time around (the town of Shika is the one most impacted). It's been two weeks already and still, there is ongoing earthquakes and aftershocks hitting the Western Japan region so far in the new year. This one isn't of […]
Gold's latest bounce runs into trouble in fall to key near-term technical levels
<p>The near-term chart highlights better the technical picture in gold at the moment:</p><p>The jump higher on Friday stalled at around $2,060, coinciding with the 61.8 Fib retracement level of the swing lower to start the new year. Since then, gold has been consolidating its upside break before fizzling in trading today. The bid
Does Your Business Intelligence Only Display a Fraction of the Frame?
<p>As the brokerage sector evolves at lightning speed, data reigns supreme. To remain top of mind with their clients, brokers must harness the power of data to tailor their offerings. This is where Business Intelligence (BI) plays a pivotal role. <a href="https://www.fintech360.com/" target="_blank" rel="follow&quo
Dollar extends gains in European morning trade
<p>From earlier:</p><ul><li><a href="https://www.forexlive.com/news/eurusd-eyes-steeper-drop-as-dollar-holds-firmer-across-the-board-20240116/" target="_blank" rel="follow">EUR/USD eyes steeper drop as dollar holds firmer across the board</a></li><li><a href="http
ECB's Valimaki says must not jump the gun on rate cuts
<ul><li>Better to wait a bit longer than cut rates prematurely</li><li>Inflation is on the right track but the job is not done</li><li>Restrictive monetary policy is still called for</li><li>Soft landing for the economy is still the baseline but risks are tilted to the downside</li></ul>&l
Italy final December CPI +0.6% vs +0.6% y/y prelim
<ul><li>Prior +0.7%</li><li>HICP +0.5% vs +0.5% y/y prelim</li><li>Prior +0.6%</li></ul><p>Core annual inflation was seen easing further to 3.1%, down from 3.6% in November. So, that's a positive development at least for the ECB but there's still more work to do on the inflation front
EXCLUSIVE Webinar: "Meeting Trader Expectations: The Essentials"
<p>On November 29, <a href="https://www.fisglobal.com/en-gb/merchant-solutions-worldpay" target="_blank" rel="follow">Worldpay</a>, a world leader in online payments, in collaboration with Finance Magnates and IG Group, a global leader in online trading and investments, hosted an exclusive webinar. &l