Forex Consulting

President Trump signs Martin Luther King Proclamation

Comes on the back of derogatory comments yesterday  In a bipartisan meeting on immigration yesterday, the President questioned why the US should accept immigrants from “shithole countries,” referring to Haiti, El Salvador, and African nations. That makes the signing of the proclamation – which should be a moment of positive and thankful reflection on Martin…

Forex Consulting

ECB Weidmann: Announcing QE end date is justifiable

speaks in Rottach-Egern He adds: The price of the EURUSD has come down off the highs on the comments. They are seen as more dovish especially given the hawkish bias for Weidmann. The EURUSD trades at 1.2128 currently. The high reached 1.2155 before the comments. The price is also down testing the 100 bar MA…

Forex Consulting

US stock indices higher in early trade.

Facebook not doing too well, but appeasing criticism is a good thing long term The US major stock indices are trading higher with mixed gains. Facebook- a Nasdaq stock – is down about -4.2% on news that it was changing what we see on our feed. The info will be more focused on friends and…