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Central bank watch for June The weekend is a perfect time for a quick catch up for where the major central banks are at. The central banks are listed below with their […]

Impact on the DXY Looking to find out what drives the USD?  to learn more. See here for global coronavirus case data Continue Reading:… Search Web: The impact of a slowing US […]

Dow has best performance in 7 weeks. Second straight week of gains for the major indices The major US stocks and see some squeeze higher into the close as sanctions on China are less than […]

Forex news for North American trade on May 29, 2020: Markets: – Gold up $14 to $1732 – WTI crude oil up $1.28 to $35.00 – US 10-year yields down 4.3 bps […]

Forex futures positioning data for the week ending May 26, 2020 – EUR long 75K vs 72K long last week. Longs increased by 3K – GBP short 22K vs 19K short last […]

Nothing new here Markets shuddered early in Trump’s talk because there was a lot of sound and fury but when he got to the actual policies, there was nothing new. Continue Reading:… […]

Trump says he will take action against China Strong comments to start, more to come. He brought Pompeo and Mnuchin, which is a hint of something big coming. Continue Reading:… Search Web: […]

Of course it is… See here for global coronavirus case data Continue Reading:… Search Web: Yeah, that’s what I meant…

Traits the highest level since March 11 The July contract moved up to a high of $35.77 in the last hour of trading. That was the highest level since March 11. The […]

Trump in the Rose Garden Trump is set to start any moment. See here for global coronavirus case data Continue Reading:… Search Web: Watch live: Trump hosts a press conference

Bloomberg citing a person familiar Few people thought that was going to happen, at least in my opinion. : Evidently, many people did think that because the market is bouncing right back. […]

Pres. Trump speaking live from the rose garden on China and potential sanctions The president is scheduled to address the press at 2 PM ET on China including potential actions President Donald Trump has […]

USDJPY pair as got within 6 pips of week’s high after trading to a new weeks low earlier in the day The USDJPY traded in a narrow 58 pips trading range for […]

Trump press conference coming up at 2 pm This was out a short time ago from : Bloomberg President Donald Trump has discussed targeting China’s financial sector through sanctions and trade policy in retaliation […]

Drilling continues to contract Drilling rigs continue to drop. If you believe in a strong 2021 rebound and return to strong demand for oil, there’s going to be shortages. I think it’s […]

A record number of contracts went to delivery yesterday It’s tough to estimate the impacts of the physical gold trade on price but it’s been undoubtedly a massive headache and opportunity.  Continue […]

We finally have the time Come to be letdown at the strength of China sanctions, stay for whatever rant he goes on about Twitter and the Minnesota protests. See here for global […]

The low for the day is at 1.11896. The 100 hour MA is at 1.22853 The GBPUSD has moved down to test the low for  the day.  That move has nearly completed […]

That’s a whopper We’re not going to get the first look at Q2 GDP until late July so it’s probably far too early to be reporting on a GDP tracker. The reality […]

Also stays above the 38.2% of the move up from May 22 low The AUDUSD made a new high going back to March 9 at 0.66818, but looking at the daily chart […]

The topside is meh…. The GBPUSD is trading near highs for the day but I can’t say the price is racing higher. The pair is well below the highs from yesterday at […]

No breakout in the Chinese yuan yet The US dollar is lower against the Chinese yuan today after brushing up against an all-time high yesterday. The drama around the Hong Kong security […]

April US pending home sales That’s the worst drop on record but this is likely the bottom. Home builder stocks have rebounded strongly and there is optimism that low rates will ultimately […]

News trading Looking to trade the news  to learn more. Checkout ForexSource.co See here for global coronavirus case data Continue Reading:… Search Web: The pros and cons of using stock markets as […]

Key barometer for the buyers and sellers The 100 day MA and trend line connecting recent lows on the hourly chart are both being tested at 0.96825 area. The level should be […]

WaPo report The White House budget report this summer will not include federal deficit projections as usual, according to the Washington Post. Naturally this is a political move because the deficit is […]

Dow and S&P open higher. NASDAQ lower The snapshot 3 minutes into the opening is currently showing: See here for global coronavirus case data Continue Reading:… Search Web: Reallocation continues as major […]

A daily process Looking to find daily actionable trade ideas?  to learn more.  Checkout ForexSource.co See here for global coronavirus case data Continue Reading:… Search Web: The process we follow to trade […]