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Day:
October 24, 2017
USD/CAD climb continues ahead of Bank of Canada decision
USD/CAD nears 1.27 Canadian dollar longs are suddenly feeling nervous ahead of tomorrow's interest rate decision. USD/CAD is at the highest since August 15 and[...]
2017-10-24 19:47:06
This is the era of asset-price inflation (or a bubble)
A scary chart Ben Bernanke's theory was that QE would create inflation. The problem is that it only created asset inflation. In his model, that would[...]
2017-10-24 19:47:06
McConnell hopes Senate to pass budget resolution Wednesday
Republicans hope to have tax cut bill by Nov 1 If they can meet that deadline, it's going to be an interesting week for the[...]
2017-10-24 19:47:06
US dollar heads lower on talk that three GOP Senators won't support tax bill
Now the trouble begins CNBC says at least three Senators won't support a plan to cut taxes. Unless Trump can get some Democrats on board[...]
2017-10-24 19:47:06
The knives are out for Trump in the Senate today
Harsh comments from Flake and Corker Corker unleashed on the President and Flake announced he was quitting politics with a few brutal shots at Trump.[...]
2017-10-24 19:47:06
BUBA says Germany's strong momentum has held up in Q3
German Bundesbank out with their monthly report 23 Oct - industry to continue supporting growth - construction output levelled out - inflation to dip towards[...]
2017-10-24 19:39:13
Morgan Stanley outlook for the ECB meeting this week and BoE next
Very brief previews of the European Central Bank decisions due Thursday (26 October 2017) and Bank of England due the following Thursday (2 November) Contained[...]
2017-10-24 19:39:13
USDJPY orders 20 Oct - Holding gains for the moment
Currently 113.22 after dipping back to 113.15 US tax-led rally from 112.80 chewed through the 20-25 offers but sellers still lurking We saw yesterday how[...]
2017-10-24 17:35:11
It was a brutal week for the New Zealand dollar
NZD was the worst performer If there is one thing about the market in 2017, it's that it hates political trouble and uncertainty. An unlikely[...]
2017-10-24 17:23:53
This week, the EURUSD non trended in a narrow trading range. "The market" is unsure what it wants to do.
So what should you look for in next weeks trading for the pair. The EURUSD traded in a relatively narrow trading range this week of[...]
2017-10-24 17:23:53
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