Forex Market Analysis
AlphaScala analysis of the major currency pairs and the macro news that moves them, newest first, alongside current rates, weekly COT positioning and the forex calculators.
Latest Forex
- Data deskMacroBLS: October Payrolls Rose 165,000, Jobless Rate at 4.1%Payrolls rose 165,000 in October against a 48,000 monthly average over the prior 12 months, the BLS said. Dollar index speculators were net long 14,190.
- Data deskMacroBank of England Lifts Bank Rate to 4% on an 8–1 VoteThe BoE raised Bank Rate to 4% on an 8–1 vote; one member backed 4.25%. UK CPI was 3.5% in September; GBP speculators were net short 79,414 contracts.
- Data deskMacroFed Holds at 3.75%-4% on 10-2 Vote; Cook and Hammack DissentThe Fed held at 3-3/4 to 4 percent on Oct. 28 with Cook and Hammack dissenting for a hike. Speculators were net long 15,044 DXY contracts before the vote.
- Data deskMacroECB Holds Deposit Rate at 2.50%, Cites Energy Price RisksThe ECB left its three key rates unchanged on Oct. 29, citing energy prices. Euro futures speculators were net short 134,524 contracts as of Oct. 20.
- AnalysisForexJapan PPI Keeps BOJ on Track for September HikeJapan's producer prices rose 7.2% in July, keeping the BOJ on track for a September hike. RBA's Kent leaned dovish, weighing on AUD. RBNZ survey trimmed rate hike bets.
- AnalysisForexNOK Jumps as Norway CPI Miss Fuels Rate-Peak BetsNorway's krone jumped after July core inflation came in at 2.7% versus the 2.9% consensus, reducing the odds of further Norges Bank rate hikes. Oil climbed to $87, lifting energy stocks.
- AnalysisForexUS JOLTs Report in Focus After ISM Manufacturing SurgeISM manufacturing index rose to 55.6, exceeding forecasts. The JOLTs report today will test the wage pressure narrative. Fed's Williams expects inflation to reach 2% by 2028.
- AnalysisForexGIFT City opens direct route to US stocks for Indian retail investorsIndian brokerages set up GIFT City units so retail investors can buy US stocks legally with lower taxes and simpler settlement. But currency risk and liquidity depth matter.
- AnalysisForexNatural Gas: 207K Shorts Face Heat Test as Front-Month Holds SupportAugust natural gas held the 50-day moving average as 207,000 short contracts face sustained heat. The macro transmission: energy-driven inflation could delay Fed cuts, supporting the dollar.
- AnalysisMacroSpace Hiring Surges 40% as Skills Gap BitesSpace job postings surged 40% year-over-year, but a chronic STEM skills gap leaves thousands of positions unfilled at RTX and Lockheed Martin. With attrition at 16%, the defense primes face a structural hiring challenge.
- AnalysisForexDollar Holds above JPY 160 after BOJ Hike; Aussie Firms on RBA HoldThe dollar held above JPY 160 after the BOJ hiked to 1%. The Aussie firmed after the RBA stood pat at 4.35%. Gold consolidated after a 6.5% three-day rally. The FOMC decision is tomorrow.
Data desk pieces are written from primary-source records (regulatory filings and official releases, linked in each piece), and every figure is checked automatically against them before publication.
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