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:
Weekly US oil rig count ForexLive
Crude oil up a little but CAD continues to fall The Canada data showed retail sales a little lower than expectations, the BOC business outlook survey lower in the 4Q vs the 3Q. GDP was near expectations.
McConnell aims to pass stopgap bill A procedural vote is underway now to take up the bill. If it passes, and the bill passes, it could spark a bullish reversal in the risk trade.
Market is consolidating over the last 24 hours This week, the price of bitcoin has moved from a low of $3128 on November 15 to a high yesterday at $4175. That’s a 33.47% increase from the lows. Forget that the price has moved from +19K, it is still a decent run higher. The catalyst for…
Down -$0.29 or -0.63% The price of crude oil future are ending the week down. The price today is settling down -$0.29 or -0.63% at $45.59. The high for the day reached $46.77. The low extended to $45.13. Last week the price closed on Friday at $51.20. The low today extended to $45.13. The %…
Defense Secretary James Mattis had announced a March 1 departure US Secretary of Defense James Mattis quit in a rift with Donald Trump over exiting Syria and relations with allies earlier this week. He said he would leave March 1.
What we know is Washington does not like infringement on Holidays The Pres. can leave town. He stated what he will do and can sign something anywhere. The Senate needs to be present for a vote.
OPEC not happy about the drop in oil prices Brent finished on Friday down 53-cents to $53.82. That’s a 15-month low and down from $87 in October. The drop is putting heavy pressure on OPEC budgets and officials are attempting to jawbone prices higher.
USD near extremes vs all the major currencies The USD is near extremes (higher USD) vs all the major currencies. The biggest pip changes are 74 and 76 pips vs the EUR and the CAD.