Forex News, Page 2

Nonfarm payrolls and wage growth will need to be impressive to offset negative sentiment stemming from Trump’s latest tariff threat…

The Dollar finds early support following a more hawkish than expected rate cut. Manufacturing PMIs and the BoE are in focus later in the day.

It’s all eyes on the FED. Will they deliver a 25 bps cut or is it going to be a surprise for Trump and the majors?

“The Bank will not hesitate to take additional easing measures if there is a greater possibility that the momentum towards achieving the price stability target will be lost,” it added.

It’s a busy day ahead, with key stats out of the U.S likely to have some influence on the FOMC statement tomorrow.

A light economic calendar leaves the focus on trade talks as the markets also look ahead to Wednesday’s FED interest rate decision…

In Australia, a Reserve Bank official hinted at further rate cuts. In New Zealand, the central bank looked to refresh its unconventional monetary policy. In Japan, Japanese Yen investors positioned themselves ahead of the Bank of Japan’s monetary policy decision on July 30 and the U.S. Federal Reserve’s interest rate

A light economic calendar leaves U.S GDP numbers and corporate earnings in focus. Any chatter on trade, Brexit and Iran will also be of influence.

The early weakness in the Euro, followed by the dramatic reversal and the higher close suggests investors received what they wanted to hear and are now waiting for more details about the ECB’s plans in September. Additionally, traders are now likely to begin positioning themselves ahead of the U.S. Federal

Draghi and the ECB will need to deliver to offset the effects of weak stats and mixed earnings. How far will the ECB be willing to go…

While the focus will remain on corporate earnings and monetary policy, economic data out of the Eurozone and the U.S will also influence.

It’s a relatively quiet day on the economic calendar, which leaves UK politics and monetary policy chatter in focus. There’s also Iran and Trade to consider.

A particularly light economic calendar leaves geopolitical risk in focus. Iran, Brexit, and trade are just a number of things the markets need to consider…

Australian and New Zealand Dollars both benefited from expectations of a rate cut by the Fed. The Aussie also picked up strength after the release of the Reserve Bank of Australia Monetary Policy Minutes and steady employment data. The Kiwi was supported by consumer inflation data that met expectations.

The Trade war, Brexit and economic data keep the majors in the spotlight through the day. There’s also the earnings calendar to consider…

It was a mixed bag on the data front in Asia as Japan sees exports tumble. Corporate earnings also disappointed as trade war angst returns…

It’s a quiet day on the economic calendar, which will leave the Pound in the spotlight. Brexit woes continue to trouble the Pound, which is on the slide this morning…

The Kiwi and the Aussie find support off the back of better than expected numbers out of China. Trade war chatter may be a factor later in the day.

The Dollar sees red in the early hours as the markets await China’s trade figures. Trump’s Twitter account may ultimately be the key driver on the day…

While Powell follows Trump’s lead and takes a more dovish stance, U.S inflation figures could shift sentiment once more,… ECB minutes are also due out.