The British pound is almost unchanged on Tuesday. In the European session, GBP/USD is trading at 1.2709, up 0.11%.
26-12-2023 10:35 GMT
by Kenneth Fisher
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Canadian GDP remains flat for a second straight month
US PCE Price Index eases
The Canadian dollar is showing limited movement on Tuesday. In the European session, USD/CAD is trading at 1.3248, down 0.14%.
26-12-2023 06:43 GMT
by Kenneth Fisher
BOJ Core CPI falls to 2.5%
BoJ's Ueda hints at possible shift in policy
The Japanese yen is showing little movement on Tuesday. In the European session, USD/JPY is trading at 142.39, down 0.04%.
BoJ Core CPI drops more than anticipated
Japanese inflation indicators have been heading lower.
26-12-2023 05:08 GMT
by Kenneth Fisher
Japanese core inflation falls to 2.5%, as expected
US to release PCE Price Index on Friday
The Japanese yen is showing little movement on Friday. In the European session, USD/JPY is trading at 142.03, down 0.06%.
Japanese core inflation eases to 2.5%
Japan's Core CPI, which excludes fresh food but includes fuel costs, dropped to 2.5% in November, matching the consensus estimate.
22-12-2023 07:20 GMT
by Kenneth Fisher
Friday's economic releases:
Canadian GDP
US PCE Price Core Index
The Canadian dollar is showing limited movement on Friday. In the European session, USD/CAD is trading at 1.3276, down 0.05%.
22-12-2023 05:15 GMT
by Kenneth Fisher
UK retail sales jump 1.3%, GDP contracts by 0.1%
US to release PCE Price Index on Friday
The British pound is drifting on Friday. In the European session, GBP/USD is trading at 1.2701, up 0.08%.
UK retail sales rebound but GDP contracts
UK retail sales jumped 1.3% in November m/m, bouncing back from 0% in October and beating the consensus estimate of 0.4%.
22-12-2023 04:13 GMT
by Kenneth Fisher
OANDA Senior Market Analyst Craig Erlam joined Jonny Hart and Trader Nick to discuss the recent moves in the markets, US economic data, Angola's decision to leave OPEC, and what it means for oil, and preview the year to come in 2024.
21-12-2023 20:37 GMT
by Craig Erlam
US GDP revised downwards to 4.9%
UK to release retail sales and GDP on Friday
The British pound has gained ground on Thursday. In the North American session, GBP/USD is trading at 1.2659, up 0.15%.
21-12-2023 10:32 GMT
by Kenneth Fisher
Japan's core inflation expected to slow to 2.5%
US GDP expected to confirm estimate of 5.2%
The Japanese yen is in positive territory on Thursday. In the European session, USD/JPY is trading at 142.85, down 0.61%.
21-12-2023 06:56 GMT
by Kenneth Fisher
Canada to release retail sales today, GDP on Friday
US GDP expected to confirm estimate 5.2% gain
The Canadian dollar is slightly higher on Thursday. In the European session, USD/CAD is trading at 1.3324, down 0.19%.
Canadian retail sales, GDP expected to improve
It's a busy end of the week for Canadian releases, with retail sales today and the GDP on Friday.
21-12-2023 04:20 GMT
by Kenneth Fisher
Bearish reversal candlestick formed yesterday, its steepest daily loss since 27 October 2023.
Odds now have skewed towards a potential minor corrective decline sequence within a medium-term uptrend phase.
Watch the 16,800 key short-term resistance.
This is a follow-up analysis of our prior report, “Nasdaq 100: It’s all about liquidity to maintain current bullish momentum” published on 13 December 2023. Click here for a recap.
The price actions of the US Nas 100 Index (a proxy for the Nasdaq 10
21-12-2023 00:48 GMT
by Kelvin Wong
OANDA Senior Market Analyst Craig Erlam joins Jonny Hart and Trader Nick to discuss the Bank of Japan and UK inflation data, and what they mean for interest rates next year.
20-12-2023 15:01 GMT
by Craig Erlam
The Bank of England may be much closer to cutting interest rates than it admitted last week when three policymakers thought it still appropriate to hike again.
Inflation data from the UK this morning showed price growth has cooled faster again and much more so than the BoE anticipated in November when it released its last forecasts. The headline CPI slipped back to 3.9% while the core fell to 5.1%; both still far above target but on a rapid descent toward it.
20-12-2023 14:58 GMT
by Craig Erlam
US consumer confidence surges
Canada's inflation rate remains at 3.1% higher than expected
The Canadian dollar is showing limited movement on Wednesday. In the North American session, USD/CAD is trading at 1.3325, down 0.06%.
Canadian inflation stays sticky
Canada's inflation rate was unchanged in November at 3.1% y/y, above the consensus estimate of 2.9%.
20-12-2023 11:24 GMT
by Kenneth Fisher
OANDA Senior Market Analyst Craig Erlam discussed the latest move in GBPUSD in the aftermath of weaker US inflation data.
20-12-2023 09:35 GMT
by Craig Erlam
German PPI eases to 7.9%
German GfK Consumer Confidence index improves slightly
The euro has dropped in Wednesday's trade. In the European session, EUR/USD is trading at 1.0939, down 0.38%.
German PPI declines by 7.9%
Germany's producer price index fell by 7.9% y/y in November, another sharp decline after the October reading of -11%.
20-12-2023 06:49 GMT
by Kenneth Fisher
UK inflation falls to 3.9%, lower than expected
British pound declines
The British pound has declined on Wednesday. In the European session, GBP/USD is trading at 1.2658, down 0.58%.
UK inflation surprises on the downside
UK inflation was lower than expected in November and the surprising release has sent the British pound lower today.
20-12-2023 05:43 GMT
by Kenneth Fisher
Yesterday’s swift rally has led to an overstretched upside momentum condition.
At the risk of a minor corrective pull-back within its short-term uptrend phase.
Watch the 33,150 key short-term support.
This is a follow-up analysis of our prior report, “Nikkei 225: Bulls undeterred by Japanese government economic downgrade” published on 23 November 2023. Click here for a recap.
The price actions of the Japan 225 Index (proxy of the Nikkei 225 futures) have managed to hold above the 32,090 key me
20-12-2023 04:05 GMT
by Kelvin Wong
British pound surges on Tuesday
UK inflation expected to fall to 4.4%
The British pound is sharply higher on Tuesday. In the European session, GBP/USD is trading at 1.2744, up 0.76%.
UK inflation expected to ease
UK inflation continues to fall and a slight drop is expected in the November CPI on Wednesday.
19-12-2023 10:53 GMT
by Kenneth Fisher
Canada's inflation rate expected to fall to 2.9%
Fed members push back against rate cut expectations
The Canadian dollar is showing little movement on Tuesday. In the European session, USD/CAD is trading at 1.3382, down 0.13%.
19-12-2023 05:19 GMT
by Kenneth Fisher