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- Swiss franc gains after inflation data beatby Justin Low on May 2, 2024 at 6:57 am
USD/CHF is down 0.4% on the day to 0.9115 as the Swiss inflation data beat here gives rise to some uncertainty to the SNB's plans. At least for now, headline and core annual inflation are still […]
- Swiss March Retail Sales Y/Y -0.1% vs. 0.2% expected and 0.2% prior.by Giuseppe Dellamotta on May 2, 2024 at 6:30 am
Retail Sales Y/Y -0.1% vs. 0.2% expected and 0.2% prior (revised from -0.2%).Retail Sales M/M -0.4% vs. -0.1% prior. This article was written by Giuseppe Dellamotta at […]
- Switzerland April CPI +1.4% vs +1.1% y/y expectedby Justin Low on May 2, 2024 at 6:30 am
Prior +1.0%Core CPI +1.2% y/yPrior +1.0%After having talked about successfully beating inflation, this is a minor setback for the SNB. Headline annual inflation was a beat on estimates, coming in at […]
- FX option expiries for 2 May 10am New York cutby Justin Low on May 2, 2024 at 5:58 am
There are just a couple to take note of for the day, as highlighted in bold.And they are both for EUR/USD at 1.0700 and 1.0750 respectively. With traders now slowly turning their attention to the US […]
- Japan April consumer confidence index 38.3 vs 39.5 priorby Justin Low on May 2, 2024 at 5:04 am
The breakdown on the month shows that:Overall livelihood: 36.1 (down 1.4 from March)Income growth: 41.1 (down 0.4 from March) Employment: 44.2 (down 0.8 from March) Willingness to buy durable […]
- Swiss inflation, euro area manufacturing PMIs on the agenda todayby Justin Low on May 2, 2024 at 4:54 am
There was plenty of action in US trading yesterday and Asia today, so let's recap. There was some mixed data in the US before the Fed came along. The ADP employment data was a beat but markets didn't […]
- How is the Fed outlook shaping up after the FOMC meeting and Powell's presser?by Justin Low on May 2, 2024 at 4:28 am
There were fears of a more hawkish leaning by the Fed going into the FOMC meeting yesterday. But the statement language itself didn't offer up too much and Powell also successfully sidestepped any […]
- Yen-tervention continues to keep things more riveting on the weekby Justin Low on May 2, 2024 at 4:18 am
That's twice already now that they've come in to support the yen currency this week. USD/JPY saw a sharp dive from 157.50 to 153.00 before being bought back up to just below 156.00 currently. Here's […]
- ForexLive Asia-Pacific FX news wrap: Massive swings for USD/JPY – intervention then bounceby Eamonn Sheridan on May 2, 2024 at 3:38 am
USD/JPY as it happened:USD/JPY slammed lowerUSDJPY falls below 100 hour MA and runs lower.USD/JPY is cratering, drops under 155.00 in super-thin intervention tradeThose wide spreads you are seeing in […]
- European Central Bank's Lane is speaking Thursday afternoon US timeby Eamonn Sheridan on May 2, 2024 at 3:18 am
I haven't a topic for Lane's speech. He's coming up at 1615 US Eastern time: Virtual guest lecture by ECB board member Philip Lane at University of Stanford in Stanford, USAThe text will be made […]