Forexlive Latest News

Forexlive Latest News

Central Banks

The RBA May meeting left the cash rate on hold: What'll make the bank raise rates further

The RBA May meeting left the cash rate on hold: What'll make the bank raise rates further

  • Reserve Bank of Australia response
Eamonn Sheridan
Eamonn Sheridan
Tuesday, 07/05/2024 | 22:58 GMT-0
07/05/2024 | 22:58 GMT-0
Central Banks

RBA response from Commonwealth Bank of Australia - Interest rate cut coming in November

RBA response from Commonwealth Bank of Australia - Interest rate cut coming in November

  • Reserve Bank of Australia forecast
Eamonn Sheridan
Eamonn Sheridan
Tuesday, 07/05/2024 | 22:32 GMT-0
07/05/2024 | 22:32 GMT-0
Central Banks

RBA on hold in May - next move will be a rate cut

RBA on hold in May - next move will be a rate cut

  • Société Générale on the Reserve Bank of Australia
Eamonn Sheridan
Eamonn Sheridan
Tuesday, 07/05/2024 | 22:11 GMT-0
07/05/2024 | 22:11 GMT-0
Education
Sponsored

New Crypto Casino TG.Casino Becomes Regional iGaming Partner of AC Milan

TG.casino

New Crypto Casino TG.Casino Becomes Regional iGaming Partner of AC Milan

  • TG.Casino and Italian football team AC Milan announced they have struck a new partnership.
TG.Casino
Tuesday, 07/05/2024 | 14:27 GMT-0
07/05/2024 | 14:27 GMT-0
Cryptocurrency

Australian Tax Office targeting unreported crypto profits: 1.2m accounts investigation

Australian Tax Office targeting unreported crypto profits: 1.2m accounts investigation

  • ATO seeking data from exchanges
Eamonn Sheridan
Eamonn Sheridan
Tuesday, 07/05/2024 | 21:59 GMT-0
07/05/2024 | 21:59 GMT-0
Central Banks

ICYMI - Druckenmiller cut his stake in Nvidia, says "AI might be a little overhyped now"

ICYMI - Druckenmiller cut his stake in Nvidia, says "AI might be a little overhyped now"

  • The Druck rode the wave up from $150 to $900
Eamonn Sheridan
Eamonn Sheridan
Tuesday, 07/05/2024 | 21:32 GMT-0
07/05/2024 | 21:32 GMT-0
News

Forexlive Americas FX news wrap 7 May: The USD is the strongest of the major currencies.

Forexlive Americas FX news wrap 7 May: The USD is the strongest of the major currencies.

  • Forex news for North American trading on May 7, 2024
Greg Michalowski
Greg Michalowski
Tuesday, 07/05/2024 | 21:16 GMT-0
07/05/2024 | 21:16 GMT-0
News

Oil - private survey of inventory shows a headline crude oil build vs. draw expected

Oil - private survey of inventory shows a headline crude oil build vs. draw expected

  • This is from the privately surveyed oil stock data ahead of official government data tomorrow morning out of the US.
Eamonn Sheridan
Eamonn Sheridan
Tuesday, 07/05/2024 | 21:09 GMT-0
07/05/2024 | 21:09 GMT-0
Cryptocurrency

Standard Chartered US$200K BTC forecast - says Bitcoin will surge if Trump wins election

Standard Chartered US$200K BTC forecast - says Bitcoin will surge if Trump wins election

  • Stan Chart have a prediction for BTC as high as USD200,000
Eamonn Sheridan
Eamonn Sheridan
Tuesday, 07/05/2024 | 20:50 GMT-0
07/05/2024 | 20:50 GMT-0
USDCAD runs higher and breaks through a series of technical targets along the way.
News

A mixed close for US stock indices today

A mixed close for US stock indices today

  • The Nasdaq closes lower on the day
Greg Michalowski
Greg Michalowski
Tuesday, 07/05/2024 | 20:26 GMT-0
07/05/2024 | 20:26 GMT-0
Education
Sponsored

Octa crypto snapshot: will investors continue to buy Bitcoin after the halving?

Octa

Octa crypto snapshot: will investors continue to buy Bitcoin after the halving?

  • On the night of 20 April, the Bitcoin network experienced its fourth halving.
Octa
Thursday, 02/05/2024 | 10:45 GMT-0
02/05/2024 | 10:45 GMT-0
Central Banks

ICYMI - Morgan Stanley expect three Fed rate cuts this year! Starting in September.

ICYMI - Morgan Stanley expect three Fed rate cuts this year! Starting in September.

  • Wow. MS tipping back-to-back-to-back rate cuts in September, November and December.
Eamonn Sheridan
Eamonn Sheridan
Tuesday, 07/05/2024 | 20:09 GMT-0
07/05/2024 | 20:09 GMT-0
News

Economic calendar in Asia for Wednesday 08 May 2024 is empty

Economic calendar in Asia for Wednesday 08 May 2024 is empty

  • There is nothing on the data calendar for major FX during the session
Eamonn Sheridan
Eamonn Sheridan
Tuesday, 07/05/2024 | 19:59 GMT-0
07/05/2024 | 19:59 GMT-0
News

Trade ideas thread - Wednesday, 8 May, insightful charts, technical analysis, ideas

Trade ideas thread - Wednesday, 8 May, insightful charts, technical analysis, ideas

  • Join the discussion and stay ahead in the forex market.
Eamonn Sheridan
Eamonn Sheridan
Tuesday, 07/05/2024 | 19:59 GMT-0
07/05/2024 | 19:59 GMT-0
Technical Analysis

USDCAD runs higher and breaks through a series of technical targets along the way.

USDCAD

USDCAD runs higher and breaks through a series of technical targets along the way.

  • The pair moved above the 100/200 hour MA and then the 100 bar MA on the 4-hour chart.
Greg Michalowski
Greg Michalowski
Tuesday, 07/05/2024 | 19:51 GMT-0
07/05/2024 | 19:51 GMT-0
News

Crude oil futures settle at $78.38

Crude oil futures settle at $78.38

  • Down -$0.10 or -0.13%
Greg Michalowski
Greg Michalowski
Tuesday, 07/05/2024 | 19:10 GMT-0
07/05/2024 | 19:10 GMT-0
Technical Analysis

S&P index tops out at 5200 and reverses lower

S&P

S&P index tops out at 5200 and reverses lower

  • S&P index is now unchanged on the day
Greg Michalowski
Greg Michalowski
Tuesday, 07/05/2024 | 18:47 GMT-0
07/05/2024 | 18:47 GMT-0
Education
Sponsored

FXIFY Celebrates 1 Year Anniversary: Establishing Itself as an Industry Leader

FXIFY

FXIFY Celebrates 1 Year Anniversary: Establishing Itself as an Industry Leader

  • Celebrating its first anniversary, FXIFY has gained global recognition and trust.
FXIFY
Thursday, 02/05/2024 | 07:43 GMT-0
02/05/2024 | 07:43 GMT-0
Technical Analysis

EURUSD trades to a new low for the day/week and approaches a key target support level

EURUSD

EURUSD trades to a new low for the day/week and approaches a key target support level

  • The EURUSD is moving closer to a key support target defined by a cluster of technical levels at 1.07458
Greg Michalowski
Greg Michalowski
Tuesday, 07/05/2024 | 18:33 GMT-0
07/05/2024 | 18:33 GMT-0
Central Banks

Fed's Kashkari: Too soon to declare we are stalled out on inflation

Fed's Kashkari: Too soon to declare we are stalled out on inflation

  • Comments from Kashkari
Adam Button
Adam Button
Tuesday, 07/05/2024 | 17:27 GMT-0
07/05/2024 | 17:27 GMT-0
News

Russia's Novak: There are no discussions about oil output increases at OPEC+

Russia's Novak: There are no discussions about oil output increases at OPEC+

  • There was some talk previously that Russia wanted to bring back barrels
Adam Button
Adam Button
Tuesday, 07/05/2024 | 17:07 GMT-0
07/05/2024 | 17:07 GMT-0
News

US sells 3-year notes at 4.605% vs 4.608% WI

US sells 3-year notes at 4.605% vs 4.608% WI

  • Results of the $58 billion sale of 3-year notes
Adam Button
Adam Button
Tuesday, 07/05/2024 | 17:02 GMT-0
07/05/2024 | 17:02 GMT-0
News

US treasury to auction off $58 billion of 3-year notes at the top of the hour

US treasury to auction off $58 billion of 3-year notes at the top of the hour

  • First of the three coupon auctions this week
Greg Michalowski
Greg Michalowski
Tuesday, 07/05/2024 | 16:53 GMT-0
07/05/2024 | 16:53 GMT-0
News

Altimeter's Brad Gerstner: Taking a little off with the risks makes sense

Altimeter's Brad Gerstner: Taking a little off with the risks makes sense

  • I don't think it is a market that will treat all stocks equally.
Greg Michalowski
Greg Michalowski
Tuesday, 07/05/2024 | 16:25 GMT-0
07/05/2024 | 16:25 GMT-0
Education
Sponsored

2024 Mobile Trends in the Fintech Industry

fintech360

2024 Mobile Trends in the Fintech Industry

  • Main solutions and trend-setters in the sector.
Fintech360
Tuesday, 30/04/2024 | 08:08 GMT-0
30/04/2024 | 08:08 GMT-0
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