Forex Consulting

House to vote on tax bill next week

A House panel will vote on it today There was hope of a vote before the weekend. My sense is that the longer it takes, the less likely it passes. House Maj Leader Kevin McCarthy says the vote will take place some time next week. Copyright 2015 Forexlive.com

Forex Consulting

AUD to a new session high (and other updates)

It seems to be a kiwi and aussie day AUD/USD is circa 0.7685 as I post, to a new high for the session. (I posted earlier that: Following the (much above expected), which is a positive for China producers and for commodity producers (hello Australia) the Australian dollar has gained. Copyright 2015 Forexlive.com

Forex Consulting

Nikkei 225 closes down -0.20% at 22,868.71

Another negative close and sharp turn down in last hour of session 9 Nov – high 23382.15 – low  22522.83 – Topix down 0.23% at 1813.11 – USDJPY 113.64 having found support below 113.50 Sharp turn down of over 1.5% in last hour of trading has helped put USDJPY on the slide from 114.00 to 113.45. Profit…