Day: January 26, 2019

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  Cable rises above the November high

  Another technical win for the pound Cable continues to stretch higher and is now up 122 pips on the day to 1.3186. This is the[...]
  2019-01-26 14:30:07

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  Is the Fed runoff story more about the signals than the facts?

  Tough to explain the US dollar weakness today The Wall Street Journal reported today that the Fed may keep a larger balance sheet than previously[...]
  2019-01-26 14:30:07

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  December ISM non-manufacturing index revised higher

  Benchmark revision The ISM non-manufacturing index for December was revised to 58.0 from 57.6 reported earlier this month. The employment component was bumped to 56.6[...]
  2019-01-26 14:30:07

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  Trump announces deal to end government shutdown for three weeks

  Trump speaks in the Rose Garden The announcement isn't a surprise at this point so markets aren't reacting. USD/JPY has given back its gains and[...]
  2019-01-26 14:30:07

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  House will likely approve end to shutdown via voice vote later today

  Senate to vote now The House vote will be a voice vote on Friday evening in Washington, according to Fox. A voice vote is the[...]
  2019-01-26 14:30:07

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  The pound was the runaway top performer this week

  Not much movement at the bottom The pound rose more than 2.5% against the US dollar this week on hopes for a Brexit breakthrough or,[...]
  2019-01-26 14:30:07

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  Canadian data has been beating expectations but it probably won't last. Here's what to do

  Canada's data has been strong Here's a look at the economic surprise index from Citi, it measures where economic data is better or worse than[...]
  2019-01-26 14:30:07

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  Fitch affirms Germany at AAA, outlook stable

  Fitch maintains German rating There was no chance of a downgrade or cut in the outlook. Germany ran a surplus last year. Fitch said Germany's[...]
  2019-01-26 14:30:07

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  ForexLive Americas FX news wrap: US reaches deal to end shutdown, dollar slumps

  Forex news for North American trade on January 25, 2018: Markets: - Gold up $22to $1303 - WTI crude up 45-cents to $53.58 - US[...]
  2019-01-26 14:30:07

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  EURUSD choppy but higher. If the dollar is going lower, what do the charts have to tell us?

  If the dollar has peaked, what do traders want to see?   "How much will the dollar fall if the Fed hits the pause button[...]
  2019-01-26 02:30:08

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