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Thursday, July 11, 2024

Asia Market Movers: Trump to speak at Bitcoin 2024 conference in Nashville in late July

Trump to speak at Bitcoin 2024 conference in Nashville in late July

Trump met with major U.S. Bitcoin miners last month in a move to engage with the crypto folks and garner their votes. He is well-positioned to do so. Incumbent President Biden has overseen further Bit... 

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AUD/USD hits a 6 month high with USD lower across the majors board

The USD id dribbling lower. Apaprt from what has ben posted there are no obvious fresh catalysts. Markets are super-pumped to see a lower US CPI later today and a potential nearer-term USFed rate cut.... 

Ten investment bank forecasts for June US CPI due later on Thursday, 11 July 2024

I posted this earlier in the week, so this is a repeat. The Wall Street Journal's Fed watcher Timiraos summarising inflation forecasts for June: The data is due on Thursday July 11 at 8.30 am US Easte... 

US CPI data due Thursday. Here are the ranges of estimates (& why they're crucial to know)

Later today, Thursday, 11 July 2024, we get the US consumer inflation data. Due at 1230 GMT, which is 0830 US Eastern time. What to expect. This snapshot from the ForexLive economic data calendar, acc... 

Bank Korea drops phrase 'upside risks to inflation forecasts have increased' from statemt

Bank of Korea comments on their policy decision today: Will maintain restrictive policy stance for sufficient period of time Will examine the timing of a rate cut Economy to continue moderate growth T... 

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Latest Forex Orders

FX option expiries for 10 July 10am New York cut

There are a couple to take note of, as highlighted in bold . The first ones are for EUR/USD at 1.0770-75. However, the expiries do not hold much technical significance with key support still seen at a... 

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