Bid to cover 2.31x vs 2.65x last A sloppy 2 year note auction on Christmas eve: ForexLive
No threat of Christmas pink slip for Powell though He might be on the golf course this morning…. ForexLive
Worse than the Great Depression Trump mulling about firing the head of the Federal Reserve along with non-stop risk aversion has tipped the US equity market over the edge once again.
How to use the news to trade currencies In this article, we decided to gather lifehacks related to trading on Forex news releases. First of all, we strongly advise everyone to check the economic calendar on a regular basis. The further strategy may differ according to your preferences. Some people like venturing into trading currencies,…
A bit of Christmas Eve data That wraps up the economic data for the day. It’s going to be quiet today and tomorrow. S&P 500 futures are down 6 points and USD/JPY is down 37 to 110.87.
The greenback stays on the back foot ForexLive The dollar is still a tad weaker on the day as markets continue to weigh up a US government shutdown, concerns about the Fed as Trump remains angered by rate hikes, and a more dovish Fed as we move into next year.
Poof, and it’s all gone ForexLive E-minis have pared all its earlier gains on the day and has now turned negative as we move closer to the cash equity market open. Sentiment remains tepid as the declines last week continues to weigh on traders/investors’ minds despite it being a holiday-stricken week.
S&P 500 futures are up by around 0.6% ForexLive However, European equities that are trading today are lower on the day while US 10-year yields sits 1 bps down at 2.779% currently. It was an absolute horrific week for equities and risk last week as . But things are looking a bit better as we…
Bias has turned more bullish but upside break remains limited ForexLive As the dollar continues to hold weaker, one of the bigger beneficiaries in all of this has been gold. Price managed to break above the 200-day MA (blue line) last week, indicating that the price bias and momentum has turned more bullish.
There is no scheduled time for the Bank of Japan monetary policy statement Best guess is it will be sometime in the next hour, sooner rather than later given little change is expected: