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Stephen Moore is US President Trumps’ nominee for the Federal Reserve board of governors I posted earlier on his outlook for monetary policy (and bid to get the job 😉 )  Continue […]

Tee hee …. naughty headline. Not about Brexit (?  😉 ) or is it : Kitco with the report Kitco citing a BBC investigation Have you seen this man? Continue Reading:… Search […]

US president Trump wants Stephen Moore on the Fed’s Board of Governors. – Moore reported now as saying he wants an immediate rate cut of 50 basis points Another genius.   Continue […]

have a piece available on the latest from the folks at the China Beige Book  Reuters In brief ,their latest look at China highlights: – China’s economy showed "unmistakable" signs of recovery […]

I posted yesterday on RBC not being too concerned on the yield curve inversion A bit more now, from: – Morgan Stanley Investment Management needs to see softer US ecoc data to […]

San Fran Fed head Mary Daly: More … Headlines via Reuters  Earlier Daly News: ForexLive Continue Reading:… Search Web: More again from Fed’s Daly: Appropriate policy is to be patient

UK MPs have already proposed 16 indicative votes For example, the Scottish National Party wants the UK government to secure consent from the Scottish Parliament and the Welsh Assembly before it could […]

Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so: Continue Reading:… Search […]

This is the private survey of inventories, official data is Wednesday morning (US time). – Platts survey had analysts looking for a headline US crude inventories to draw around 2.2 million barrels […]

EUR/USD losing a few more pips into late US trade, under 1.1270 as I update  Its falling on little fresh news. ForexLive Continue Reading:… Search Web: US trade drawing to a close […]

Forex news for North American trading on March 26, 2019: Markets: – Gold down $6 to $1316 – WTI crude up $1.23 to $60.05 – US 10-year yield up 1.8 bps to […]

Sixteen indicative votes! Going to be busy in the House of Commons on March 27 indeed. Cable is not doing a real lot, sitting near its US session lows following a small […]

WPAC update their one to three month outlook for the kiwi dollar, NZD/USD specifically The bank summarise first the USD side On NZD/USD: : — RBNZ to come today, previews: Continue Reading:… […]

S&P and Nasdaq off to the best start to year since 2012. The Dow is on pace to close the month in the red The US stock indices are ending the session […]

Official government data is Wednesday morning US time – the data due soon is the private survey data.  Its released to subscribers to their service at 4.30pm NY time and hits media […]

San Francisco Federal Reserve branch President Daly with more: – Says uncertainty over tariffs, more so than tariffs themselves, can temper growth Deep. Earlier: Continue Reading:… Search Web: More again from Fed’s […]

2310 GMT, Reserve Bank of Australia Assistant Governor (Financial Markets) Christopher Kent, speaking at FX Week in Sydney. Expect pertinent comments from this. Continue Reading:… Search Web: Here is what’s on the […]

More comments from Daly in the Q&A ForexLive Continue Reading:… Search Web: Fed’s Daly: Fed funds rate is now at neutral

EUR/USD down 33 pips on the day The euro is stuck near the lows of the day at 1.1279 but hasn’t been able to break Friday’s low of 1.1273. It’s not a […]

NZDUSD trades near high level The RBNZ is expected to leave the official cash rate at 1.75% in the new trading day.  The last change was back on November 2016. Continue Reading:… […]

Comments from the SF Fed leader ForexLive Continue Reading:… Search Web: Fed’s Daly: Fed has not sustainably met 2% inflation goal

Johnson shifting towards supporting May’s deal "’If we vote it down again there is an appreciable and growing sense that we will not leave at all. That is the risk," he . […]

Up $1.12 or 1.9% on the the day The price of crude oil futures are selling at $59.94. That is up $1.12 or 1.9% The high for the day reached $60.38. The […]

Risk assets fade Today’s 2-year note auction was with the yield coming in about 1.6 basis points lower than the market was anticipating. That highlights real-money demand for safe assets and genuine […]

Los Echos report Austerity at a time of struggling growth. What could go wrong? Anyway, it’s not like they have a choice. Italy is for the day when it gets to turn […]

The pair has been stuck in a 3% range since Jan 11 For more than 2 months, AUD/JPY has chopped back and forth in a range of 77.50-79.85 — just 3% in […]

The results of the votes are due at around 2030 GMT on Wednesday MUFG Research discusses the latest Brexit vote developments. "The indicative votes will not be legally binding on the government […]

WI at the auction time was trading at 2.273% The US treasury sold $40 billion of 2 year notes that 2.27%. The WI just before the auction was at 2.273%.  A strong […]

The WI is trading at 2.27% ahead of the auction The U.S. Treasury will be want to of US$40 billion of two-year notes at 1300 ET/1700 GMT.   The current WI (when-issued) yield […]

Spain flat though The major European stock indices are ending the day higher. The section is the Spanish ibex which is ending flat ForexLive Continue Reading:… Search Web: European shares are ending […]

Watching for support buyers at 145.75-87 The GBPJPY broke above a ceiling area at the 145.75-87 today (see yellow area) and continued to move higher. That move,however, did run into the next […]

What moved markets on Tuesday Janet Yellen was out calming global markets after saying a US recession wasn’t likely. We’ve since seen attempts to rally stocks out from this latest minor sell-off […]

Rotates lower… The USDJPY moved above the 100 hour MA earlier today ) and held that MA line on a test before moving higher.  You can see the hold on the 5-minute […]

Up and down day, but lower.  The USDCAD has been trading up and down in trading today. The price is lower but the price action has not been too trendy (see 5-minute […]

How voting will occur Paul Brand from ITV has been tipped off about the plan for tomorrow’s parliamentary vote. ForexLive Continue Reading:… Search Web: How Wednesday’s indicative Brexit votes will work

Expectations from Yougov ForexLive Continue Reading:… Search Web: UK inflation expectations slip in latest Yougov poll

China has halted shipments of the Canadian oilseed Canola is a major Canadian export and China has stopped buying it.Trudeau said he’s considering sending a delegation to China regarding the oilseed. Continue […]

50% of the move down from February also tested. The price of gold is lower in trading today. The price is trading at $1315. That is down $6.90 on the day. The […]

The latest GDP estimate from the Atlanta Fed’s model The GDPNow reading rose to 1.3% from 1.2% on March 22. It was as low as 0.3% two weeks ago but has made […]

US March consumer confidence ForexLive Continue Reading:… Search Web: US March consumer confidence 124.1 vs 132.5 expected

Prior month 16 ForexLive Continue Reading:… Search Web: Richmond Fed manufacturing index for March 10 vs. 10 estimate

S&P gaps above the 100 hour MA on the opening The US stocks are opening hiigher. The snapshot of the major indices are showing: A good start for the major indices (and […]

Can the momentum continue? The USDJPY is trading to new session highs ahead of the US stock opening at the bottom of the hour.   The futures are implying a higher opening with […]

SimpleFX on some ways to avoid USD-specific risks Here’s another post for those of you who’d like to trade based on chart analysis than on the events. News and technical analysis day […]

Sky news report A long extension is looking increasingly likely. In theory it’s possible for the Conservatives to pass a deal without the DUP so long as 10 Labour MPs support it […]

The Case-Shiller house price index Separately, the FHFA January house priced index:These are some divergent numbers that are supposed to be measuring the same thing.The US dollar is strong across the board […]

Yield spread not helping The US 10 year yield is up about 3.9 bps at 2.437%. The German 10 year is up 1.3 bps and stands at -0.015%. That in and of […]

Comments from May’s spokesman: Cable touched a high of 1.3262 a short time ago but has retreated 20 pips. ForexLive Continue Reading:… Search Web: May spokesman: Amendments yesterday make a Brexit vote […]

Comments from Makuch: Has he seen the German manufacturing PMIs? ForexLive Continue Reading:… Search Web: ECB’s Makuch: Data signals H2 eurozone rebound is realistic

Double bottom, snaps price above 100 hour MA.  200 hour MA hold support. The GBPUSD trades to new session highs as the newest Brexit twists and turns, has an essence of hope […]

US housing starts and building permits for Feb 2019 US housing starts: There isn’t much of a trend here, it’s a slog sideways. ForexLive Continue Reading:… Search Web: US February housing starts […]

What’s coming up The Brexit drama is going to continue to steal the top headlines today but don’t sleep on a heavy day of US economic data. There is a little bit […]

The USD is little changed As North American traders enter for the day, the GBP is the strongest after Parliament took control from PM May, the JPY is the weakest (stocks are […]

Recent developments suggest third meaningful vote to be on Thursday – ERG stance potentially softening – Talks with DUP not going anywhere so still a giant question mark here ForexLive Continue Reading:… […]