Presently at 1.6087.
Talk real money and European corporates been seen selling.
Tech support/buy orders now seen clustered 1.6050/70 (see orderboard) I’d hazard a guess some sell stops lurking close below 1.6050, but no confirmation as yet.
Presently at 1.6087.
Talk real money and European corporates been seen selling.
Tech support/buy orders now seen clustered 1.6050/70 (see orderboard) I’d hazard a guess some sell stops lurking close below 1.6050, but no confirmation as yet.
Most Popular
Sponsored
Goldman Sachs says the AI investment boom more closely resembles the early tech surge of 1997–98 than the 2000 bubble peak, suggesting the cycle has further to run if no external shocks hit funding or demand.
Centrist Senate Democrats agreed to a stopgap deal to reopen parts of the U.S. government and fund agencies through Jan. 30, but the bill faces opposition in the House from both Democratic leaders and conservative Republicans.
UK employers expect 3% pay rises but warn AI could cut jobs, with one in six firms planning workforce reductions. Hiring remains weak, the CIPD said, urging the government to avoid tax changes that could further slow recruitment.
BOJ policymakers signalled growing support for further rate hikes if wage and inflation trends hold, though opinions differ on timing. The October meeting summary shows confidence in normalisation but caution over global and domestic risks.
BoJ Summary of Oct meeting highlights the importance of wages to future rate hikes Bank of Japan wants to see rising wage settings. This is not a new piece of information.
RBA's Hauser says its not mad to think future rate cuts would be coming Muddy waters from Reserve Bank of Australia Deputy Governor Hauser
Japan’s Takaichi abandons annual budget target, takes softer fiscal consolidation stance The pro-spending leader is preparing a new stimulus package despite Japan’s record debt levels.
Sponsored
Must Read