Month: December 2017

• 
  Mexico central bank raises benchmark interest rate to 7.25% from 7.0%

  Hike was expected The USDMXN has move lower today.  Looking at daily chart, the pair moved up from the 200 day MA (reached toward the[...]
  2017-12-18 20:39:07

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  BOC's Poloz: Caution isn't a code word for being on hold

  Poloz continues - My interpretation of 'caution' is careful, watching for signs of a mistake - We haven't learned much from the two rate hikes,[...]
  2017-12-18 20:39:07

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  USDJPY orders 11 Dec - Two-way pips to be had still

  Currently 113.43 near session lows Seems like the large option interest on Friday  at 114.00 that I highlighted was enough to win the day along with[...]
  2017-12-18 18:35:14

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• 
  Forex technical analysis: Little reaction to the ECB statement

  ECBs Draghi will start press conference at 8:30 AM ET/ 1330 GMT The ECB decision has led to a fairly limited response so far saying[...]
  2017-12-18 18:23:18

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• 
  How to distinguish reversals from corrections

  Reversal or correction? That is the question Everyone wants to ride a new trend from the very beginning. If a trader holds a position in[...]
  2017-12-18 09:25:32

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  Japan Nov. Trade balance: Y 113.4bn (vs. expected Y -40bn)

  Japan trade balance data for November comes in at a surplus while the consensus was looking for a deficit Trade balance: Y 113.4bn - expected[...]
  2017-12-18 08:47:31

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  New Zealand - ANZ consumer confidence for December: -1.5% m/m (prior -2.1%)

  ANZ data for NZ  Consumer confidence for December: -1.5% m/m to 121.8 - prior -2.1% Falling for a 3rd month in a row. ANZ note[...]
  2017-12-18 08:47:31

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• 
  Singapore data - export growth slower in November

  Trade data for Singapore via Reuters: Copyright 2015 Forexlive.com
  2017-12-18 08:47:31

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• 
  Nearby option expiries for Monday 18 December 2017 (oh, for forex, of course)

  For the 10am New York time cut today, FX expiries of significant size Amounts in the brackets EUR/USD - 1.1900 (EU503m) USD/JPY - 112.00 ($902m)[...]
  2017-12-18 08:47:31

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• 
  Australia MYEFO: Deficit seen at 23.6bn AUD (vs. May was seen at 29.4bn)

  Australia - mid year fiscal and economic update (MYEFO) - 2017/18 Deficit seen at 23.6bn AUD (vs. May budget had it at 29.4bn)  More: - Forecasts[...]
  2017-12-18 08:47:31

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