Brainard answers audience questions: ForexLive
The 1.2698 area is now eyed The 1.2698 area is a target below. That was the low on Monday and again yesterday. ForexLive
Barclays Research discusses its USD outlook in 2019 “We expect the USD to sustain its high-level – ie. overvalued – range trade against other G10 FX while continuing to grind higher versus more challenged EM currencies.
Brainard at the Peterson Institute in Washington, DC ForexLive
Can the selling get below the key 200 day MA. The NZDUSD has moved below a neckline on the hourly chart at the 0.6860 level. At that level is also the 50% of the move up from the November 23rd low.
Bullard comments US 2s10s are at 14 bps today after falling to 9 earlier this week. ForexLive
Trade balance data for November from China Yuan terms China trade balance CNY 306.04bn for a (note this in yuan, local currency, terms) beat – expected CNY 226.50bn, prior was CNY 233.63bn Exports +10.2% y/y for a
Gold up $9 Gold is once again above the October high as it closes out its best week in seven weeks. I highlighted $1243 yesterday as a level to watch on the close. Today’s close is even more important because it represents a weekly close as well.
Forex news for NY trading on December 7, 2018. In other markets: – Spot gold is up $10.28 or 0.83% at $1248.03 – WTI crude oil futures are up $.82 or 1.61% at $52.32 In the US stock market, the major indices got trashed once again. European markets ended mostly higher but at the lows…
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