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Tag: Forex Live

AUD: A hike is certain; a move of more than 25bps is AUD positive – SocGen

Societe Generale Research discusses the latest CFTC report and AUD outlook around tonight's RBA June policy meeting. "CFTC data up to last Tuesday show...

President Biden to order domestic production of solar panels, other clean energy projects

US President Biden will be busy on Monday: will invoke the Defense Production Act to spur domestic production of solar panels...

Newsquawk Week Ahead Preview: Highlights include US CPI, China CPI, ECB, RBA

MON: Chinese Services PMI Final (May).TUE: RBA Announcement; EZ Sentix (Jun); EIA STEO.WED: RBI Announcement; NBP Announcement; Japanese GDP Final (Q1); EZ Employment Final (Q1) and...

Forexlive Americas FX news wrap: US adds another 390,000 jobs

The US employment data was released today with nonfarm payroll adding another 390K jobs. That comes after a 436K jobs increase in the prior...

GBPUSD falls to new session lows

The  GBPUSD  has seen down, up and...

Atlanta Fed GDPNow dips to 1.3% from 1.9% on May 27

The Atlanta Fed GDPNow model estimate for real...

ISM nonmanufacturing PMI for May 55.9 vs. 56.4 estimate

US ISM nonmanufacturing PMI for May 2022 data ISM non-manufacturing PMI 55.9 vs...

Australian housing data (April) shows lending for owner occupied & investors both fell m/m

Headline home loans -6.4% m/m vs expected -0.5% Owner-occupied -7.3% m/m (and -12.8% y/y) Investor loans -4.8%...

US April factory orders +0.3% vs +0.7% expected

Prior was +2.2% (revised to +1.8%) Durable goods orders...

Japan authorities suggest a boost to the minimum wage

Japan chief cabinet secretary Matsuno says the government wants the average minimum wage hiked to 1000 yen. The current hourly average minimum wage is...

US dollar surges and yields pop

The US dollar has found a big bid.The move has accelerated since the ISM manufacturing data but I'm loathe to pin it all on...

Russia conducting nuclear drills

Reuters with the headline: Russia's nuclear forces are holding drills in Ivanovo Province - IFax cites Russian Defence Ministry ...

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