Core machine orders is indicative of business capes around six to nine months in the future +13.9 % m/m …. huge beat  Wow. It took a moment to post this. Multiple dooubel takes! […]

A snippet on the Australian dollar via UOB, analysts here assessing the AUD has likely found a base. In summary: – previous commentary that a ‘sustained push below 0.6800 could shift focus […]

I posted earlier on this, but only briefly. that’s worth checking out.  Maybe PM BJ should also check it out lest he earns the Kim Jong Johnson moniker! Continue Reading:… Search Web: […]

The Royal Thai Air Force has put two planes and officials on standby in the event they’ll be needed to to evacuate Thai citizens stranded in Hong Kong. Continue Reading:… Search Web: Air Force planes […]

It’d be nice to get a day where nothing much happened in Hong Kong. But the unrest there is not simmering down. – On Monday China state media made references to the […]

A decision handed down in favour of a bank in action brought by a financial regulator may mean banks well be willing to lend more than previously (ps that’s my take) Continue […]

The rare earth threat from China has been plodding along for what, a couple of years ??? … and now we get the Australian government response? Srsly …. take yer time! Continue […]

A bit of an ICYMI, I wanted to post this yesterday but didn’t … it seemed to have slipped through the cracks! Probably for the best given the surging equities markets overnight […]

UK Tele (via Reuters) with the report on the speaker of the house plan to foil PM BJ’s cunning plan  Speaker John Bercow said he would not permit the PM to close […]

Ex-Chancellor Philip Hammond in various UK press pieces Its no secret Hammond want a deal before Brexit. His views reported (again) in the press along these lines. Continue Reading:… Search Web: Brexit […]

Forex news for NY trading on August 13, 2019 A snapshot of other markets are showing near the close: – spot gold, $-11.23 or -0.74% at $1499.94 – WTI crude oil futures up […]

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 […]

Reserve Bank of Australia dep gov Guy Debelle speaking as part of a panel – Its not until 5.30pm Sydney time, which is 0730GMT – The panel concerns conduct in the forex […]

A draw had been expected.  more to come   ForexLive Continue Reading:… Search Web: Private oil data shows surprise build in crude oil inventory

2350 GMT Japan Core Machine Orders for June – expected -1.0% m/m prior -7.8% – expected -1.1% y/y prior -3.7% 0030 GMT Australia – Westpac monthly Consumer Confidence Index Continue Reading:… Search […]

Major indices close with solid gains Pres Trump also said that delaying tariffs ahead of the Christmas season was to avoid an impact on holiday shopping.  He also said that the delays "helped a […]

Coming up soon – private inventory data. The inventory report is released to subscribers and hits media in the moments following. Stay tuned! Forecasts for crude stockpiles centre on a fall of […]

Pair has been trading between the 100 and 200 hour moving average over the last six hours  Traders are pushing the USDCHF back up to retest its 200 hour moving average at the 0.97633 […]

Pres. Trump threatens to pull US out of WTO. He added: "We know that they have been screwing us for years and it’s not going to happen again" ForexLive Continue Reading:… Search […]

Up  $2.17 or 3.95% Looking at the hourly chart above, the contract price raced from the 200 hour MA on the news headlines. The price moved to test the 61.8% and a […]

JPY pairs the biggest movers The olive branch to delay tariffs by the US, has helped to send the JPY pairs higher and led to a flight into risk pairs like the […]

AUD/JPY up 130 pips today The biggest percentage mover in FX today is AUD/JPY, up 1.8% on the sharp reversal in market sentiment after the US delayed some tariffs. Continue Reading:… Search […]

US sending mixed messages The South China Morning Post reports that a court has issued an injunction to remove protestors from the airport. Here’s a situation that could certainly have ended with […]

What’s moving markets on Tuesday: Back and forth and up and down the markets go, with no clear directional insight. On Monday it was all about risk off, with the Dollar suffering […]

US stocks pare some gains This should really be a surprise. There have been a multitude of images and videos showing armored carriers in Shenzen. ForexLive Continue Reading:… Search Web: Trump says […]

White House National Security Advisor John Bolton working two jobs The White House national security advisor John Bolton visited the UK yesterday and discussed many things including future trading relations. Apparently, he is now working two […]

There is always hope but history says there will be good hair days and bad hair days Moody’s is out with their thoughts on the US delay in tariffs. They say: ForexLive […]

Has to stay below to keep the sellers charging The EURUSD has dipped back below the 200 hour MA for the 2nd time today at 1.11750. Earlier today, the price dipped quickly […]

The 100 and 200 hour MA at 0.6780 The AUDUSD raced through the 100 and 200 hour MAs at 0.6780 level on the headline news and raced to a swing area at […]

Fresh comments from Trump – He delayed the tariffs ‘to help a lot of people’ – Call with China was very productive – China would very much like to do something on […]

Holds below 100 hour MA above (and 1.2100 level).  Off lows The GBPUSD has remained relatively contained as other pairs swing more voilently.   Continue Reading:… Search Web: GBPUSD stays contained in up […]

Police in riot gear gathering outside I can’t help but think that Hong Kong was a factor in whatever deal China and the US just reached. The White House statement saying that […]

China has its spin working There’s the trade war and there’s the domestic propaganda war. Both sides continually claim victory at all times. how it was the US who called China, which […]

USTR publishes which tariffs to go into effect Dec 15 The US delayed all tariffs on cell phones until December 15, according to lists of tariffs just published. Continue Reading:… Search Web: […]

200 hour MA helped stall the fall Stocks and bond yields move higher on less US/China tension and gold falls.  That is the story. However, there tumble lower today has been able […]

S&P tests 50 day MA. Nasdaq back above the 50 day MA The stocks have soared on the US/China news. Are there any technical levels of interest? Looking at the daily chart […]

Deal back on Deal-on/deal-off is the new risk-on/risk-off trade. Signs of a thaw in talks with the US delaying tariffs in exchange for Chinese agricultural purchases have sparked a massive move in […]

Corrects to 38.2% of the move down from the August 1 high…. The USDJPY spiked higher with yields moving higher, stocks moving higher and generarl "risk on’ flows. The earlier upside levels […]

Merkel says she doesn’t need the need for any fiscal stimulus package This is insanity. The economy is clearly slowing down. The expectations component of the ZEW survey today fell to the […]

Tweet from Trump As usual, China said they were going to be buying "big" from our great American Farmers. So far they have not done what they said. Maybe this will be […]

Better news out of US/China is negative for the EURUSD. The headlines on US/China phone chats has sent stocks soaring and the EURUSD lower. The general reaction is if US/China get better, […]

US dollar surges The US dollar is ripping higher against the yen on coordinated statements from China and the US on more talks and tariff delays. A phone call is scheduled for […]

Failed break on hourly The USDCHF moved to the lowest level since September 27, 2018, taking out yesterday’s lows at 0.9681 and also breaking below a lower trend line on the hourly […]

Some products Some products are being removed from the China tariff list based on health, safety, national security and other factors. They also reported that some tariffs will be delayed to Dec […]

Report from Xinhua That’s a good sign. The report also says they plan to talk more in the next two weeks. The assumption in the market is that talks are called off […]

Open is more positive then earlier pre-market levels The US stock markets are open and the major indices are opening with modest declines. They also are at levels that are better than earlier pre-market […]

Key part of the yield curve nears inversion The gap between 2-year yields and 10-year yields edged below 3 basis points in the past few minutes. The spread fell 2.5 basis points […]

100 and 200 day MA above at 1.32936-1.33016 The USCAD is stretching to a new session high (up 51 pips and 0.38% on the day), and in the process, is looking to […]

US equity futures lower The S&P 500 fell 35 points yesterday and it’s poised to drop another 8 points at the open. The CPI numbers were a tad hot and that’s sparked […]

Pair mired in a 50-60 pip range and looking for a break The USDJPY has bounced off the low from yesterday at 105.044. The low today reached 105.06.  The current price is trading […]

Trump is tweeting Through massive devaluation of their currency and pumping vast sums of money into their system, the tens of billions of dollars that the U.S. is receiving is a gift […]

No closes above that MA level and retracement since July 18. . The EURUSD has moved back above the 100 day moving average at 1.1222 and the 50% retracement of the move down from the June […]

US July 2019 consumer price index data: Month-over-month: ForexLive Continue Reading:… Search Web: US July CPI +1.8% vs +1.7% y/y expected

Inflation is on the agenda US July CPI is due at the bottom of the hour. The consensus is for a 1.7% y/y rise, up from 1.6% y/y prior. An upside surprise […]

The USD is mixed The AUD is the strongest while the CAD is the weakest as the North American session begins. The major currencies are relatively clustered together with the cumulative changes […]