Day: November 28, 2017

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  Nov US Conference Board consumer confidence 129.5 vs 124.0 expected

  Consumer confidence data from the Conference Board - Best reading since 2000 - was 125.9 - Present situation 153.9 vs 151.1 prior - Expectations 113.3[...]
  2017-11-28 20:47:19

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  Nov Richmond Fed manufacturing index +30 vs +14 expected

  Richmond Fed manufacturing data - Prior was +12 - Shipments +33 vs +9 prior - New orders 35 vs 17 - Employment 18 vs 10[...]
  2017-11-28 20:47:19

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  US dollar climbs to the best levels of the day as Powell begins testimony

  Sizzling US data A record high in the Richmond Fed and the best reading in 17 years on consumer confidence is a good reason to[...]
  2017-11-28 20:47:19

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  Cable sinks into the London fix

  Lows of the day There is talk of US dollar demand into month end. Today's drop cut through the uptrend since mid-November. The latest 25[...]
  2017-11-28 20:47:19

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  Sterling not a sell around current levels - Credit Agricole

  GBP/USD strategy Credit Agricole CIB FX Strategy Research discusses GBP outlook and continues to advise against selling the currency around current levels. Copyright 2015 Forexlive.com
  2017-11-28 20:47:19

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  Joint OPEC, non-OPEC committee recommends extension to end of 2018

  Committee recommendation - Joint committee recommends extension until the end of 2018 with an option to review in June Reuters cites 'two sources with knowledge[...]
  2017-11-28 20:47:06

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  BOC's Poloz: Policy changes affecting housing finance are clearly step in right direction

  Highlights of the financial system review press conference - Bank will continue to monitor housing market imbalances closely - Policy changes affecting housing finance are[...]
  2017-11-28 20:47:06

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  US experts think North Korea could conduct another missile test within days

  Reuters, citing US government sources I usually stop reading after "experts think". Copyright 2015 Forexlive.com
  2017-11-28 20:47:06

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  Cable roars back above 1.33 on report of Brexit bill agreement

  Cable rebounds back to flat The Telegraph reports that the UK and EU are said to reach an agreement on the Brexit divorce bill. The report[...]
  2017-11-28 20:47:06

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  US sells 7-year notes at 2.236% vs 2.215% WI bid

  Big miss on the seven year sale That will help to reverse the rally in bonds today. - Bid to cover 2.36 vs 2.39 prior[...]
  2017-11-28 20:47:06

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