Month: December 2017

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  US Oct consumer credit +$20.52B vs +$17.0B expected

  Consumer credit outstanding - Prior was $20.83B - Revolving (credit cards) +$8.3B - Non-revolving (student/car loans) +$12.2B Credit is what's going to keep the party going. Copyright[...]
  2017-12-07 20:47:06

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  USD/JPY hits three-week high above 113.00

  USD/JPY climbs in broad US dollar rally The US dollar is back in style. It's at the best levels of the day across the board,[...]
  2017-12-07 20:47:06

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  Recap: Pound pushing for divorce bill deal

  An audio recap on today's trading Thursday was another day of consolidation in the FX market with no clear directional insight to be had. Mostly,[...]
  2017-12-07 20:47:06

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• 
  Forex option expiries for the New York cut

  What's on the docket today EUR/USD - 1.1900 (543m euros) - 1.1930 (532m euros) USD/JPY - 112.00 ($1.2B) - 113.00 ($816m) GBP/USD - 1.3350 (GBP747m)[...]
  2017-12-07 19:35:15

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• 
  The bond flattener is relentless

  US 2s-10s down to 54 basis points It's tough to envision 3-4 US rate hikes next year with the yield curve staying positive. At the[...]
  2017-12-07 18:23:13

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  Bitcoin technical analysis: Bitcoin is trading up $328 or 3.11% but...

  Be watchful of some technical intraday bearish clues The price of bitcoin is up about $328 today or 3.11%.  The high reached $11,845.33. The low[...]
  2017-12-07 18:23:13

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  Forex technical analysis: USDJPY falls below swing level/floor

  New low for the trading day US stocks are starting to give up gains. The Dow which treated as high as 24534 is now down[...]
  2017-12-07 18:23:13

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  Australian dollar nears resistance after climbing on retail sales report

  RBA decision coming up next The Reserve Bank of Australia is the main ticket in today's trading. We still have a couple hours until the[...]
  2017-12-07 18:23:13

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• 
  AUD/USD: Levels to watch if the RBA is dovish

  RBA decision is coming up The RBA decision is due at the bottom of the hour. The RBA has consistently leaned against AUD strength over[...]
  2017-12-07 18:23:13

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• 
  Euro nears 1.18 and the 100-day moving average

  EUR/USD remains under pressure The euro is testing 1.1800 as the slow grind lower continues. The euro is the G7 FX laggard today despite some[...]
  2017-12-07 18:23:08

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