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Different market dynamics are poised to unfold in the near term, potentially bringing about increased volatility and enticing trading setups for major assets in the first quarter of 2024.

<p>2024 is going to be a year of huge change for the Reserve Bank of Australia. </p><p>The number of meetings have been cut from 11 a year to 8 (Fibonacci folks take note!).</p><p>There will also be a new policy to have Reserve Bank of Australia Governor Bullock hold a press conference after each meeting. </p><

<p>Analysts at Bank of America project the US Federal Reserve will cut its funds rate by 100 basis points in 2024</p><ul><li>first cut in March</li></ul><p>BoA also:</p><ul><li>predicts a soft landing in the US economy</li><li>a durable economic expansion thanks to a resilient

<p>Judo Bank / S&amp;P Global final manufacturing PMI for December 2023 is 47.6.</p><ul><li>the preliminary (flash) reading was 47.8</li><li>November was 47.7</li></ul><p>Employment conditions easing, as are price indexes. </p><p>Commentary, in brief, from the report:</p>&l

<p>New from over the weekend from Japan wage rises in store for the year ahead, this from Aeon:</p><ul><li>to raise part-time wages by 7％ in 2024</li><li>around 80% of the group's employees are part-timers</li><li>the current average hourly wage is ¥1,070</li><li>planned raise will bo

<p>Today brings the privately-surveyed manufacturing PMI from China for December, Caixin/S&amp;P Global.</p><p>Over the weekend we had the official PMIs for December, manufacturing was a disappointment:</p><ul><li><a href="https://www.forexlive.com/news/china-dec-manufacturing-pmi-490-vs-495-expected-

<p>Good morning, afternoon and evening all – and once again a Happy New Year to all! Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so:</p> This article was written by Eamonn Sheridan at www.forexlive.com.

<p>Happy New Year to everyone! </p><p>FX markets will get underway for 2024 in Asia today. While it's a public holiday in New Zealand, Australia, Japan, Singapore and Hong Kong (the major FX centres here in Asi) will be open. As will China. </p><p>Market liquidity is very thin. It improves as more Asian centres co

<p>Happy 2024.</p><p>As I look out to the year ahead, there's only one question on my mind. I think it's the only one that matters for 2024 and beyond:</p><p>Will we return to the 2010s regime of low inflation and low rates?</p><p>Virtually every market in the world hinges on the answer to that qu

<p>As 2023, comes to an end, the CHF is ending the day as the strongest of the major currencies while the JPY is the weakest. The CHF benefitted from flight to safety flows on the US banking crisis and global tensions, and then took a late year nose dive from around USDCHF 0.9100 to 0.8332 […]