Forex news for trading on December 31, 2018. In other markets as the year comes to an end: – Crude oil futures settled the year at $45.41. That was down 24% from […]

Dow leads the way today.  Major indices close the year in the red after a dismal December The major indices scratched out smallish gains on the last trading day of the year.  […]

Up $0.08 or -0.18% For the year, the price of crude futures fell 24.8% from the 2017 close.  That is a big loss in what was probably expected to be a good […]

The major currency biggest winner is the JPY If you were to take the % changes of the major currencies vs. each other and added up those % changes, the winner for […]

Gold is always a great way to start the year One of the best seasonal trends in any market is already under way. There is a major tailwind for gold early in […]

Stanley Druckenmiller on how markets have changed When Stanley Druckenmiller complains, you know it’s tough. He’s a billionaire and undoubtedly one of the greatest traders of all time. Continue Reading:… Search Web: […]

Trades at lowest level since June 26 The USDJPY has traded to a new session low at 10968. The low took out the August low at 109.75 and traded to the lowest […]

Dallas-area manufacturing survey And that’s your final US economic data point of the year. It’s a huge miss. The regional manufacturing numbers in December have been all over the place. Richmond was […]

A snapshot of the strongest and weakest  A look at the strongest and weakest currencies on the last day of the calendar year is showing that the GBP is the strongest, while […]

S&P 500 futures up 17.5 points US markets are slated to end the final trading day of the year on a good note. S&P 500 futures are up 17.5 points to 2503 […]

Forex news from the European morning session – 31 December 2018 Headlines: Markets: – GBP leads, NZD lags on the day – European equities mixed, a little higher mostly; E-minis up 0.8% […]

Cable rises to a high of 1.2779 on the day ForexLive There aren’t any fresh headlines driving the jump in sterling today but clearing resistance from the 200-bar MA on the 4-hourly […]

China president Xi Jinping delivers his annual new year’s eve address ForexLive Continue Reading:… Search Web: China’s Xi says that economy stayed within reasonable range in 2018

Risk sentiment is holding up so far on the day ForexLive E-minis are trading about 0.8% higher at the moment and European stocks are also posting decent gains in the morning so […]

No signs of progress as Democrats get ready to take over the House ForexLive Democrats will take control of proceedings at the House starting this Thursday and their first order of business […]

One for the giggles and familiarising with the possible scenarios here It took me 9 steps to reach a conclusion on a hard Brexit but I reckon that’s one of the easier […]

Latest data released by the Swiss National Bank – 31 December 2018 – Domestic sight deposits CHF 479.0 bn vs CHF 474.5 bn prior Sight deposits actually declining over the past few […]

A hint of caution again, perhaps? ForexLive Equities are still doing decently for the most part – spurred by Trump’s upbeat comments over the weekend – with European equities trading marginally higher […]

A hint of caution again, perhaps? ForexLive Equities are still doing decently for the most part – spurred by Trump’s upbeat comments over the weekend – with European equities trading marginally higher […]

Oil is up 1.5% on the day but will end the year lower for the first time since 2015 ForexLive Oil’s rise higher today is helping to give the loonie an added […]

ECB executive board member, Sabine Lautenschlaeger, spoke in an interview with Deustchlandfunk radio over the weekend – Hopes and expects that there will be a rate change in 2019 ForexLive Continue Reading:… […]

Gold is up by nearly 5% in the month of December ForexLive And that owes much to the weakness in the dollar this month as traders continue to digest the implications of […]

Currencies are following the mood set out by equities ForexLive Asian equities have held up well and posted decent gains following . That helped to give a push higher in the aussie […]

SNB sight deposits data the only notable release ForexLive 0900 GMT – SNB total sight deposits w.e. 28 December Your weekly check of the deposits kept at the SNB by Swiss banks. […]

To al ForexLive traders who is celebrating New Years Eve in the hours ahead – have a fantastic time and stay safe! I am heading off soon, so I’ll take this opportunity […]

Forex news for Asia trading Monday 31 December 2018 US President Trump tweeted that trade talks with China were ‘moving along very well’ and Italy’s parliament passed the country’s budget. Apart from […]

Forex news for Asia trading Monday 31 December 2018 US President Trump tweeted that trade talks with China were ‘moving along very well’ and Italy’s parliament passed the country’s budget. Apart from […]

Official China PMIs for December results were out earlier, the data is here: For the more closely watched manufacturing PMI; – New export orders contracted for a seventh straight month, to 46.6 […]

Mohamed El-Erian is Allianz SE’s chief economic adviser and ex of PIMCO (and a smart cookie indeed) Speaking On Fox, Bloomberg have the highlights: Comments on the Fed; Continue Reading:… Search Web: […]

Only one of note on the FX options expiring calendar for today – EUR/USD – amount is 770m euro – strike price is 1.1480 – for the 10am New York cut  ForexLive […]

UK newspaper the Observer report that MPs from both the Tory and Labour sides are planning to force a delay to Brexit by several months to avoid a no-deal outcome if Theresa […]

UK newspaper the Observer report that MPs from both the Tory and Labour sides are planning to force a delay to Brexit by several months to avoid a no-deal outcome if Theresa […]

A snippet from the top forex trades for the coming year via UBS: They nominate #1 as long AUD and NOK versus short CAD and USD UBS like EUR/USD but prefer long […]

Official PMI data from China for December 2081 Manufacturing PMI comes in at  – expected 50.0, prior 50.0 For the non manufacturing,: China Non-manufacturing PMI for December: 53.8 (vs. expected 53.2) Continue […]

Official China Non-manufacturing PMI for December 2018  in at 53.8  – expected 53.2, prior 53.4  more detail on separate post here: ForexLive Continue Reading:… Search Web: China Non-manufacturing PMI for December: 53.8 (vs. […]

Credit growth has been losing some momentum, that continues: 0.3 % m/m, which is in line with expected but down from October  – expected 0.3%, prior 0.4% 4.4 % y/y Continue Reading:… […]

US overnight Globex equity market futures are higher following positive comments from US President Trump. Adam had the breaking earlier: It is in the interests of both sides to get to an […]

In a new development for 2019 each Federal Open Market Committee (FOMC) meeting is to be followed by a news conference from Chair Jerome Powell. The dates, to print out and stick […]