Forex Consulting

What’s coming up on the economic calendar

The week picks up A light economic calendar has helped North American traders ease into the week but it heats up in the hours ahead. At 10 am ET (1500 GMT), two reports are due out. The first is construction spending for November and it’s forecast to rise 0.5% after a 1.4% climb in October.…

Forex Consulting

US dollar bid into Fed Minutes

Audio recap of trading so far today The big event for the day is still ahead, though we’ve already seen quite a bit of movement in the FX market on Wednesday. The moves have been US Dollar supportive for a change, and after trying to lead the way to take out their respective 2017 highs,…

Forex Consulting

Ray Dalio: Debt will be a drag on the recovery

Dalio spoke with the WSJ Bridgewater’s Ray Dalio that high asset prices can’t continue in a world with warned “It becomes more and more difficult to balance those things as time goes on,” Mr. Dalio told Greg Ip. “It may not be a problem in the next year or two, but the risk of not…

Forex Consulting

Atlanta Fed Q4 GDPNow tracker rises to 3.2% from 2.8%

Atlanta Fed sees better growth The Atlanta Fed GDPNow tracker climbed to 3.2% from 2.8% after today’s data. “The forecast of real consumer spending growth increased from 2.9 percent to 3.3 percent after this morning’s Manufacturing ISM Report On Business from the Institute for Supply Management, while the forecast of real private fixed-investment growth increased…