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The US dollar hit a two-week high against the euro, as investors prepared for a week of important data, including the US jobs report due on Friday. At 18:40 ET (22:40 GMT), the pound was little changed at 1.1046, down 0.1% at 145.31. This…

The S&P 500 US E-mini contract is trading unchanged at 5652.75. Its high was 5659.25 while its low extended to 5646.50.Major indices closed higher last week for the second week in a row. The Dow rose 1.27% after rising 2.94% the…

SlavkoSereda/iStock via Getty Images Crude oil futures ended the week little changed as lingering concerns over the outlook for demand in China and easing geopolitical risks offset economic data showing slowing inflation and strong…

The USD/CAD pair was little changed after the Canadian jobs report. Although the employment change fell by -2.8K jobs versus estimates of +22.5, full-time jobs increased by 61.6K jobs. Part-time jobs fell by -64.4K jobs, which offset those…

High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss.…

I've posted the very early interest rates here:Opening levels Monday morning, indicative exchange rates July 22, 2024, little changed from late FridayNow updating with Sunday's big political news from the US, Biden has withdrawn from the…

Yesterday, we saw some notable declines in US jobless claims and the ISM services PMI. Initial claims remain largely stable around their cycle lows and within the 200K to 250K range that has been established since 2022. This suggests that…

High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risks and exposure to loss. Before…

Highlights on the agenda today are central bank decisions involving the Swiss National Bank and the Bank of England. They will wrap up the central bank boom in June, but the decisions may end up being mostly uneventful. I'll get to…

Let's just do a quick check of things based on current prices:August - 25 basis point rate cut: ~32% (previously ~46%)September - 25 basis points rate cut: ~80% (previously ~88%)Total interest rate cuts for the remainder of 2024: ~44…