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Updating developments in HK, a press conference from Hong Kong CEO Carrie Lam  More specifically on the economy: HKD remains on the weak side, its still not too far from the band […]

The Australian dollar is in danger of taking the gold medal for Asian time zone volatility today. On a 25 point range. Sad. We’ve had consumer sentiment data today, which was also […]

Noting some remarks from resource mining giant BHP earlier today (profit report accompanied by comments from Chief Executive Andrew Mackenzie). – US – China trade dispute has dampened global economic growth So, […]

China has set the new 1-year loan prime rate (LPR) at 4.25%, vs 4.31% previously – 5-year loan prime rate 4.85% These LPR settings are the first for this new lending reference.  […]

Reserve Bank of Australia August meeting minutes  more to come   ForexLive Continue Reading:… Search Web: RBA Minutes: AUD fall to support exports, tourism

People’s Bank of China onshore yuan reference rate. The estimate I had seen from rtrs Reuters was 7.0445, pretty good! — Injects 50bn yuan via 7 day RRs (60bn mature thus a […]

Nothing of significance for euro. USD/JPY –  105.25 351m USD –  106.00 500m –  106.30 550m –  106.90 405m –  107.00 848m Continue Reading:… Search Web: FX option expiries for Tuesday August […]

North Korea’s official newspaper, Rodong Sinmun,had a blast for the South over the exercise with the United States – warning that Seoul will pay dearly for such "stupid" acts Via (Sth Korean […]

I hat the Group of Seven leaders summit to be held in France this coming weekend may end without a joint communique  posted earlier t I had few details from the report […]

A weekend announcement from the People’s Bank of China on a lower reference rate for loans to SMEs (in a nutshell, more at these links) Commentary via Rabobank, they are not so […]

US President Trump tweet with a picture of Trump Tower in Greenland Maybe the Prez has a future at ForexLive upon retirement! ForexLive Continue Reading:… Search Web: President Trump tweet …. OK, […]

The minutes may not have too much impact at all given all the communication from the Reserve Bank of Australia since. I posted on this yesterday: –   but, in a nutshell, […]

ANZ/Roy Morgan weekly survey of consumers  The weekly gyrations in this tend not have too much immediate forex influence, but this weakness is not a positive sign. Continue Reading:… Search Web: Australia […]

South Korea’s Vice Finance Minister – South Korea may consider easing share buy-back, short-selling regulations if needed to stabilise markets – to take stern action if excessive herd behaviour hurts FX market […]

A few snippets from Barclays on what they see the impact of a no deal Brexit  – GBP fall – trade barriers – rate cuts from the Bank of England – a […]

The UK press, The Sun, says Johnson has told ministers not to discuss the NHS in any deal with the US Meanwhile: – Trump and Johnson have had a chat. – Trump […]

Might be some oil impact from this: In reference to  A US State department official says any effort to assist Iranian tanker could be viewed as material support to a US-designated foreign […]

NHK say there may not be a communique issued at the conclusion of this weekend’s G7 summit meeting  – G7 meeting in France – 24th and 25th Clashes with Jackson Hole! Continue […]

Hapless UK Prime Minister Boris Johnson sent a pleading letter to the EU with no new ideas. Adam had the report here: ‘Hope’? LOL.  I had an assessment here: Continue Reading:… Search […]

That’s the view from TD with attention turning to the KC Federal Reserve symposium  Given the US dollar move even today sounds like TD are onto something ….  Continue Reading:… Search Web: […]

The hapless Boris Johnson sent a letter to the European Union. Adam had the report here earlier: Like the headline says, the TL;DR version is its laughable. But, if you want more: […]

GlobalDairyTrade (GDT) auction begins at midday in London today, with the results coming out in the hours following. Recent results: For today’s auction, outlook via New Zealand’s ASB, in brief: Continue Reading:… […]

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 […]

Washington Post report on discussions at the White House on a payroll tax cut – a temporary payroll tax cut  – "as a way to arrest an economic slowdown, three people familiar […]

Forex news for Americas trading on August 19, 2019: Markets: – S&P 500 up 35 points to 2923 – WTI crude up $1.32 to $56.19 – US 10-year yields up 5 bps […]

Morgan Stanley like AUD/NZD, citing better data from Australia against that from New Zealand.  Recent data from Australia have improved, led by labour market and consumer confidence.  Continue Reading:… Search Web: Long […]

The agenda for the Jackson Hole symposium will be published on Thursday. What we know so far: – Federal Reserve Chair Powell is scheduled to speak on Friday (23rd August), on monetary policy […]

Nasdaq leads the indices on the day. Dow lags The major US stock indices are ending the session with solid gains but off the session highs. The indices opened higher and remained […]

A sparse session on the data agenda ahead for Asia on Tuesday: 2330 GMT Australia weekly consumer sentiment – prior 115.5 0130 GMT minutes of the August Reserve Bank of Australia meeting […]

Content contributed by InstaForex If a customer chooses a provider with vast experience and a wide clientele, he or she relies on its apparent advantages. A provider of financial services is no […]

100 and 200 hour MA are converged below.   The GBPUSD is trading near midrange in an up and down price action today (midpoint is 1.2138). The high today stalled short of the […]

Dollar climbs late The US dollar is at the best levels of the day and is the top-performing major currency. It’s even edged ahead of the euro despite the first real signs […]

Former accountant told SEC about the practices A senior financial analyst who worked for Disney for 18 years says the company materially overstated revenues for years in the parks-and-resorts business segment Continue […]

Comments in Johnson’s letter to Tusk: Johnson also had an hour-long call today where he spoke with Varadkar about the backstop. It didn’t sound like there was any progress. EU officials are […]

Up $1.24 or 2.44% WTI crude oil is settling the day at $56.21. That is up $1.34 or 2.44%.  The low reached $54.84. The high reached $56.30.   ForexLive Continue Reading:… Search Web: […]

Is it worth abandoning fiscal and monetary policy responsibility? Generals have a habit of fighting the last war and we all have short memories. Because of that, when people hear the word […]

Twitter says 936 accounts deliberately tried to sow discord Twitter says it "identified large clusters of accounts behaving in a coordinated manner to amplify messages related to the Hong Kong protests." Continue […]

New low reached at 1.10808 The EURUSD cracked below the earlier sesssion low at 1.10862 and scooted to a new session low at 1.10808. The price has bounced though and is back […]

Bloomberg Dollar Index matches May 31 high The US dollar continues to threaten a breakout. The Dollar Index is the traditional marker of the ‘dollar’ but it’s a bad index because of […]

Sellers remain in control in the NZDUSD The NZDUSD has had an up and down day. However, on the upside, the pair has been able to stay below a topside trend line […]

Comments from the Boston Fed President on Bloomberg TV: ForexLive Continue Reading:… Search Web: Fed’s Rosengren: We have to be careful not to ease too much when we don’t have significant problems

Higher stocks and yields not impressing the "risk off" buyers in the pair… Yields are higher and so are stocks. The USDJPY has had some upside wander (after a lower opening),  but […]

Rosengren will be on BloombergTV Eric Rosengren dissented at the most-recent Fed meeting because he wanted to leave rates unchanged. He’s scheduled to appear on BloombergTV at the bottom of the hour. […]

We might have a new government ForexLive Continue Reading:… Search Web: Italy’s PD has had ‘good’ informal talks with 5-Star on a new government – report

Canadian dollar struggles Oil prices and equities are higher today but that hasn’t helped the Canadian dollar. It’s now the worst-performing major on the day. Continue Reading:… Search Web: Canadian dollar slumps […]

Mike Pence on China: Pence and Lighthizer are China hawks in their bones. They will never quit fighting China. ForexLive Continue Reading:… Search Web: Pence: Beijing needs to respect integrity of Hong […]

Trump says economy doing well Trump tweet: Our Economy is very strong, despite the horrendous lack of vision by Jay Powell and the Fed, but the Democrats are trying to "will" the […]

Narrow trading range for the day The EURUSD have moved back below the 1.1100 level after trading up to an intraday high of 1.1113.    Recall from posts last week (and from […]

EUR/CHF is the big mover The euro is the top performer today on fiscal stimulus talk. Even with that, it’s only narrowly ahead of the US dollar, Aussie and yen. Continue Reading:… […]

Trump is right to fear the strong dollar, but he can’t stop it The bond market is flashing every kind of warning sign there is. Yet when you look at economic data […]

What’s moving markets today Risk markets are feeling better as the week kicks off, with the moves coming from the latest communication from President Trump that talks were ongoing with China. The […]

Bottom of the range to the top of the range It’s an impressive start for US stocks as the S&P 500 gains 36 points to 2926. The gains partly reflect on strength […]

Oil up 1.7% WTI crude is at a three-day high at $55.81. It’s up 1.7% as it attempts to shake off some of Wednesday’s drop. The gain is a bit more impressive […]

But sentiment is bubbly It won’t be economic data that derails positive sentiment today. There is virtually nothing to look for on the . economic calendar So the name of the game […]

Forex news from the European morning session – 19 August 2019 Headlines: Markets: – EUR leads, GBP lags on the day – European equities higher; E-minis up 1.0% Continue Reading:… Search Web: […]

The attack against the Fed continues ahead of Jackson Hole – Says that there will be a recession eventually but yield curve inversion is not as reliable as people think ForexLive Continue […]

Comments by US commerce secretary, Wilbur Ross – Will delay ban for some businesses – But US had added more than 40 Huawei subsidiaries to entity list ForexLive Continue Reading:… Search Web: […]

Comments by UK prime minister, Boris Johnson – We will be ready to come out of the EU on 31 October, deal or no-deal – Very confident that we will be ready […]