Forex News

Honda to reduce staff at China plants. And suspend production at 3 China plants for 2 week | Forexlive

Nikkei with the info:Honda Motor will reduce the number of employees at its joint venture with Chinese automaker Dongfeng Motor Group focusing in...

ICYMI – Saudi Aramco cut its Arab Light crude oil price to Asia, Europe and the US | Forexlive

Posting this as a bit of a catch-up, it seems to have gotten lost somewhere. Saudi Arabia’s state-run oil company Saudi Aramco cut...

Oil – private survey of inventory shows a headline crude oil draw vs. build expected | Forexlive

The numbers via oilprice.com on Twitter:--Expectations I had seen centred on:Headline crude +1.0 mn barrelsDistillates +0.3 mn bblsGasoline -0.1 mn---This data point is...

Forexlive Americas FX news wrap: Oil settles at the lowest since 2021 | Forexlive

Markets:Gold up $11 to $2516WTI crude oil down $2.58 to $66.13US 10-year yields down 5.1 bps to 3.65%S&P 500 up 0.45%JPY leads, CAD...
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USDJPY follows yields lower | Forexlive

The US yields are trading at new session lows. The two-year is trading at 3.598%. That's the lowest level going back to March...

When the copper-tunity comes knocking | Forexlive

Dr. Copper hasn't been in a good mood since May, when a speculative squeeze drove it to $5 followed by a sharp turn...

US Treasury auctions $58B of 3 year notes at a high yield of 3.440% | Forexlive

High Yield:3.440%WI Level at the time of the auction: 3.457%Tail: -1.7 bsSix-auction average: 0.1bpsBid-to-Cover: 2.66XDealers:10.45%Directs (a measure of domestic demand):11.3%Indirects (a measure of...

US stocks move into negative territory | Forexlive

The major US stock indices have seen a run lower over the last hour or so of trading. The move lower now has...
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NZDUSD rebounds after testing 38.2% retracement and finding support buyers | Forexlive

After a trend-like move like we saw to the upside in August, the price of the NZDUSD has been correcting lower over the...

Morgan Stanley sees the euro falling to 1.02 this year as the ECB cuts deeper | Forexlive

The street-low year-end forecast for the euro is 1.02 from Morgan Stanley. G10 FX strategist David Adams spoke in an interview with Bloomberg...

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