The election will take place on December 12 Bank of America Merrill Lynch Global Research discusses GBP outlook ahead of next month’s UK elections. "Are we finally heading for some closure on […]
US Dollar Outlook: Implied Volatility & Trading Ranges for Next Week
November 01, 2019 at 09:02PM Check out the latest US Dollar options-implied trading ranges on major USD currency pairs with ISM Services PMI, initial jobless claims, consumer credit and sentiment data due […]
NEWS: Forexlive Americas FX news wrap: US jobs impress. ISM does not, but stocks love it November 01, 2019 at 09:04PM
Forex news for NY trading on November 1, 2019 In other markets, the snapshot at the end of the week is showing: – Spot gold is $0.17 or 0.01% at $1513.11 The US jobs […]
Bloomberg: Oil doesn’t pay
They run the world’s most profitable company, oversee one-tenth of global oil output and their decisions help shape the fate of a nation. Their paychecks, however, are a little less grandiose. Saudi […]
NEWS: The major indices are going out at the session highs. Nasdaq and S&P records November 01, 2019 at 08:05PM
Record all time high closes for the S&P and Nasdaq. Dow up 300 points A great finish to the day and week for the US stocks, The major indices are closing at […]
NEWS: The major earnings releases are over. Disney leads next weeks schuedule November 01, 2019 at 07:57PM
Walt Disney, Sprint, Uber, Square, Yelp lead the release calendar Most of the major earnings have come and gone with the heavy calendar in the current week. However, there are a few […]
NEWS: CFTC Commitments of Traders: GBP shorts continue to be slashed November 01, 2019 at 07:41PM
Forex futures positioning data for the CFTC for the week ending October 29, 2019 – EUR short 53K vs 51K short last week. Shorts increased by 2K – GBP short 32K vs […]
U.S.-China trade deal in sight after progress in high-level talks
November 01, 2019 at 07:10PM U.S.-China trade deal in sight after progress in high-level talks Continue Reading… Author: Reuters | Post link: https://www.investing.com/news/forex-news/uschina-trade-deal-in-sight-after-progress-in-highlevel-talks-2010292 Selected by fonecable.com Search Web: U.S.-China trade deal in […]
NEWS: Fed’s Williams: Economy is in a very good place; it is strong November 01, 2019 at 06:53PM
Fed’s Williams speaks Fed’s Williams speaks at Rutgers University ForexLive Continue Reading:… Search Web: Fed’s Williams: Economy is in a very good place; it is strong
NEWS: WTI crude oil futures settle at $56.20 November 01, 2019 at 06:34PM
Up $2.02 or 3.73% The price of WTI crude oil futures are settling at $56.20. That is up $2.02 or 3.73%. The high for the day reached $56.33, while the low extended […]
Stock Market November Forecast: History Suggests Volatility is Overdue
November 01, 2019 at 06:30PM A distinct lack of volatility last month, typically the most volatile month on the calendar, could see November attempt to compensate as stocks trade at record levels. […]
NEWS: What is on the economic calendar next week? November 01, 2019 at 06:10PM
Major events and releases next week Tuesday: ForexLive Continue Reading:… Search Web: What is on the economic calendar next week?
NEWS: Clocks are back to normal next week as US/Canada end day light savings time November 01, 2019 at 05:55PM
Fall back an hour Last week, Europe shifted their clocks back an hour. That made the London/European stay extended in the NY session this week. However, the clocks go back to normal […]
NEWS: SF Fed’s Daly: US wage growth of 3% is good news November 01, 2019 at 05:29PM
SF Fed Pres. Mary Daly speaking: ForexLive Continue Reading:… Search Web: SF Fed’s Daly: US wage growth of 3% is good news
NEWS: China responds to US/China phone conversation: Talks achieved consensus November 01, 2019 at 05:16PM
China’s response to high level phone talks today The USTR responded with comments about the US/China trade talks a short while ago. Now China is weighing in through China’s Mofcom Continue Reading:… […]
‘Deja vu’: Argentina braced for new round of debt talks with markets stalled
November 01, 2019 at 05:01PM ‘Deja vu’: Argentina braced for new round of debt talks with markets stalled Continue Reading… Author: Reuters | Post link: https://www.investing.com/news/forex-news/deja-vu-argentina-braced-for-new-round-of-debt-talks-with-markets-stalled-2010186 Selected by fonecable.com Search Web: ‘Deja […]
October job creation comes in at 128,000, easily topping estimates even with GM auto strike
November 01, 2019 at 05:05PM Nonfarm payrolls rose by 128,000 in October as the U.S. economy overcame the weight of the GM autoworkers’ strike and created jobs at a pace well above […]
NEWS: Baker Hughes US rig count 822 versus 825 estimate November 01, 2019 at 05:02PM
Crude oil is trading at $55.24 ForexLive Continue Reading:… Search Web: Baker Hughes US rig count 822 versus 825 estimate
NEWS: Fed’s Clarida: Repeats that US economy, Fed policy is in a good place November 01, 2019 at 05:01PM
Fed’s of vice chairman Richard Clarida ForexLive Continue Reading:… Search Web: Fed’s Clarida: Repeats that US economy, Fed policy is in a good place
NEWS: USTR: US/China had constructive trade talks today November 01, 2019 at 04:57PM
USTR out with positive spin on trade talks As the scuttlebutt from China this week has been cautionary with regard to further progress past phase 1 of the US China trade talks, the USTR […]
NEWS: European shares end the day with solid gains November 01, 2019 at 04:48PM
Major indices higher on the day The day (and week) has ended for the major European markets and the shares are ending with solid gains. The provisional closes are showing: Continue Reading:… Search Web: […]
NEWS: The EURGBP trades above and below the 100 and 200 hour MAs November 01, 2019 at 04:36PM
Topside trend line is a target to get above and stay above The EURGBP is trading higher in an up and down and up again day. Technically, the low for the day […]
NEWS: New intraday highs for the EURUSD November 01, 2019 at 03:58PM
Highs for the week, October high and 200 day MA loom above The high for the week at 1.1175 is the next upside target, followed by the October high (from October 21) […]
NEWS: The NY Fed Nowcast of 4Q GDP comes in at 0.8% vs 0.9% last week November 01, 2019 at 03:41PM
ISM a big negative this week The NY Fed is out with their estimate for 4Q GDP growth. They now see growth at 0.8% versus 0.92% reported last week. The big negative came from ISM […]
Canadian Dollar Outlook: USD/CAD Slams into Resistance- Loonie Levels
November 01, 2019 at 03:30PM The Canadian Dollar is on the defensive into open of November trade with USD/CAD driving into downtrend resistance. Here are the levels that matter on the Loonie […]
Rate Cut Odds Shift After Fed, BOC, BOJ Meetings – Central Bank Watch
November 01, 2019 at 03:30PM The Federal Reserve delivered its rate cut, and while hinting at a pause in the cut cycle, Fed Chair Powell made clear no rate hikes are coming […]
NEWS: Atlanta Fed cuts GDP 4Q forecast to 1.1% from 1.5% previously November 01, 2019 at 03:26PM
Atlanta Fed GDPNow growth forecast cut to 1.1% from 1.5% The NY Fed Nowcast model will be released later this morning. They have been publishing their estimate for a few weeks now. Last […]
NEWS: USD/CAD returned to resistance November 01, 2019 at 03:08PM
A look at the USD/CAD chart This week, the central banks of the United States and Canada brought a lot of volatility into . USD/CAD shot up but met the resistance of […]
NEWS: WTO approves $3.6B in Chinese retaliatory tariffs against US November 01, 2019 at 03:08PM
Third-highest judgement in WTO history The case began before the trade war and is outside the current negotiations. It relates to US anti-dumping rules. China had asked to retaliate against $7 billion […]
NEWS: NZDUSD runs into 100 day MA and backs off November 01, 2019 at 02:55PM
The 100 day MA stalls the rally (at 0.6458 The NZDUSD moved higher on the weaker dollar after ISM at least, but the gains did run into some key resistance at the […]
NEWS: Kudlow says there have been no conversations to get rid of Powell November 01, 2019 at 02:31PM
Kudlow doing the media rounds: ForexLive Continue Reading:… Search Web: Kudlow says there have been no conversations to get rid of Powell
NEWS: EURUSD completes a down and up lap after weaker ISM November 01, 2019 at 02:23PM
The EURUSD backs off after completing the lap The EURUSD spiked higher after the weaker than expected ISM data. So there was a run lower on the jobs report and a run […]
US Dollar Gives Back NFP Gains After ISM Manufacturing PMI Miss
November 01, 2019 at 02:11PM The US Dollar pivoted back to session lows and erased all earlier NFP-related gains following the October ISM Manufacturing PMI report that missed expectations. Continue Reading… From: […]
NEWS: US construction spending for September +0.5% versus 0.2% estimate November 01, 2019 at 02:01PM
US construction spending for the month of September 2019 ForexLive Continue Reading:… Search Web: US construction spending for September +0.5% versus 0.2% estimate
Soy Wave Analysis – 01 November, 2019
November 01, 2019 at 02:06PM Soy reversed from support zone Likely to rise to 944.00 Soy recently reversed up sharply from the support zone lying between the key support level 920.00 (former […]
Apple Wave Analysis – 01 November, 2019
November 01, 2019 at 02:05PM Apple reversed from daily up channel Likely to rise to 255.00 Apple recently reversed up from upper trendline of the recently broken daily up channel from August […]
Amazon Wave Analysis – 01 November, 2019
November 01, 2019 at 02:04PM Amazon reversed from support zone Likely to rise to 1800.00 and 1850.00 Amazon recently reversed up from support area lying between the round support level 1700.00 (which […]
US Dollar Bounces on NFP: EUR/USD, GBP/USD, USD/JPY
November 01, 2019 at 02:00PM A weak US Dollar caught a bounce after the release of Non-Farm Payrolls but sellers came right back into the mix to take advantage of that run. […]
NEWS: New all time highs for S&P and Nasdaq today November 01, 2019 at 02:01PM
Nasdaq above its all time high at 8339.64. S&P For the NASDAQ composite index, today’s move higher has pushed the price to the highest level since the end of July at 8339.64. The high price today […]
NEWS: US October ISM manufacturing index 48.3 vs 48.9 expected November 01, 2019 at 02:00PM
October ISM manufacturing index: ForexLive Continue Reading:… Search Web: US October ISM manufacturing index 48.3 vs 48.9 expected
NEWS: Fed’s Kaplan says he’s concerned about high levels of corporate debt November 01, 2019 at 01:50PM
Comments from the Dallas Fed President Kaplan is one of the guys who has been driving the dovish bus. It’s rich to be arguing against corporate debt when you’re dropping rates to […]
NEWS: US Markit final October manufacturing PMI 51.3 vs 51.5 expected November 01, 2019 at 01:45PM
October Markit PMI data: ForexLive Continue Reading:… Search Web: US Markit final October manufacturing PMI 51.3 vs 51.5 expected
NEWS: Fed’s Clarida: The US economy is very resilient November 01, 2019 at 01:35PM
Comments from Clarida on Bloomberg TV: ForexLive Continue Reading:… Search Web: Fed’s Clarida: The US economy is very resilient
NEWS: Stocks jump at the open after the better than expected jobs report November 01, 2019 at 01:33PM
Gains of about 0.5% in the major indices The US major indices have jumped after the better than expected jobs report. The major indices have risen by about 0.5%. The snapshot is […]
NEWS: Canada October Markit manufacturing PMI 51.2 vs 51.0 prior November 01, 2019 at 01:30PM
Canadian October Markit manufacturing PMI ForexLive Continue Reading:… Search Web: Canada October Markit manufacturing PMI 51.2 vs 51.0 prior
NEWS: Some hefty options expires ahead at the 10 AM NY cut November 01, 2019 at 01:25PM
1.1150 in the EUR has 3.4B. 1.2950 in GBPUSD has 1.1B There are some hefty option expires ahead at the 10 AM NY cut which may be influencing the price action today: […]
NEWS: Boston Fed’s Rosengren explains dissent on rate cut November 01, 2019 at 01:15PM
Rosengren explains dissent The last time Rosengren dissented, he used charts. This time he’s using a table after writing: Continue Reading:… Search Web: Boston Fed’s Rosengren explains dissent on rate cut
Nigel Farage Demands Johnson Ditch Brexit Deal to Forge Election Pact
November 01, 2019 at 01:11PM Nigel Farage Demands Johnson Ditch Brexit Deal to Forge Election Pact Continue Reading… Author: Bloomberg | Post link: https://www.investing.com/news/forex-news/nigel-farage-demands-johnson-ditch-brexit-deal-to-forge-election-pact-2009972 Selected by fonecable.com Search Web: Nigel Farage Demands […]
Citi predicts US Dollar could weaken ‘substantially’ — to as low as 85 on the dollar index … CNBC
#Citi predicts US Dollar could weaken ‘substantially’ — to as low as 85 on the dollar index … CNBC November 01, 2019 at 01:16PM Read more news on oursite: UK news UK […]
US October job creation comes in at 128,000 & easily tops estimates … CNBC
#US October job creation comes in at 128,000 & easily tops estimates … CNBC November 01, 2019 at 01:16PM Read more news on oursite: UK news UK companies news Sterling pound news […]
Brexit Party tells PM Johnson : Drop Brexit deal or we contest every seat … CNBC
#Brexit Party tells PM Johnson : Drop Brexit deal or we contest every seat … CNBC November 01, 2019 at 01:15PM Read more news on oursite: UK news UK companies news Sterling […]
NEWS: USDCAD tests 100 day MA/50% retracement November 01, 2019 at 12:58PM
Key level for the buyers and the sellers.. The USDCAD is up testing a key resistance target defined by the 50% retracement and the 100 day MA at the 1.31943 level. On […]
Bitcoin try to stick to the vital level
November 01, 2019 at 12:56PM Bitcoin continues to form a flat trend. Over the last 24 hours, the benchmark cryptocurrency has shown zero dynamics and changed hands at around $9,100. The asset […]
Bitcoin Shows Extreme Volatility After $10,600 Spike — Where to Next?
November 01, 2019 at 12:38PM The Bitcoin price has been showing a high level of volatility following its abrupt increase to $10,600 on Oct. 26, when Bitcoin (BTC) climbed by 43% against […]
NEWS: USD moves higher after the better than expected jobs report November 01, 2019 at 12:38PM
Decent jobs report with 131K and +95K revisions. US stocks and yields higher The US jobs report beat expectations with a gain of 131K in jobs, and the revisions of +95K over the […]
US Dollar Rises on Strong NFP Report
November 01, 2019 at 12:33PM US Nonfarm Payrolls rose by 128k in October, above expectations of 89k. Continue Reading… From: Justin McQueen Selected by fonecable.com Search Web: US Dollar Rises on Strong […]
NEWS: US October non-farm payrolls +128K vs +85K expected November 01, 2019 at 12:30PM
Highlights of the October US employment report: ForexLive Continue Reading:… Search Web: US October non-farm payrolls +128K vs +85K expected
NEWS: Locked and loaded for October non-farm payrolls — strike edition November 01, 2019 at 12:21PM
Ready for another edition? The October jobs report is due at the bottom of the hour and expected to 85K net new jobs in a drop from 136K in September. The unemployment […]
NEWS: The NZD is the strongest and the CAD is the weakest as NA traders enter for the day November 01, 2019 at 12:15PM
US Employment data due out at the bottom of the hour With the US employment report due out at the bottom of the hour, the NZD is the strongest of the major […]
Citi predicts the greenback could weaken ‘substantially’ — to as low as 85 on the dollar index
November 01, 2019 at 11:58AM The U.S. dollar index could fall to as low as 85 as the Federal Reserve grows its balance sheet again by purchasing more bond assets, a Citi […]
NEWS: Wilbur Ross: “Phase One” trade deal with China is in good shape November 01, 2019 at 11:37AM
Comments by US commerce secretary, Wilbur Ross The signing will be nothing more than a formality at this stage. It should formally recognise the ceasefire between the two countries but the big […]
NEWS: ForexLive European FX news wrap: Markets quiet ahead of NFP November 01, 2019 at 11:35AM
Forex news from the European morning session – 1 November 2019 Headlines: China says that reports of Xi, Trump meeting in Macau is pure speculation Markets: Continue Reading:… Search Web: ForexLive European […]
Russia just brought in a law to try to disconnect its internet from the rest of the world
November 01, 2019 at 11:17AM It’s been called an online Iron Curtain. On Friday, a controversial law went into force that enables Russia to try to disconnect its internet from the rest […]
NEWS: Farage: We will contest for every single seat November 01, 2019 at 11:15AM
He is proposing to Johnson to form an alliance – Only way to solve Brexit is to form a ‘Leave’ alliance – Says if Johnson agreed to an alliance, we could win […]
NEWS: Farage: Brexit Party poses a very big problem for Labour in ‘Leave’ seats November 01, 2019 at 11:11AM
He is angling a targeted attack at Labour – Labour is betraying its own voters on Brexit – Labour promised to deliver Brexit but now they are promising another referendum ForexLive Continue […]
Brexit party leader Farage wants election ‘alliance’ with Tories … BBC
Nigel Farage says there needs to be “some kind of alliance” between the Tories and the Brexit Party for the upcoming election. Reports have suggested Mr Farage’s party would stand down hundreds […]
How Non-Farm Payrolls report affects USD
November 01, 2019 at 10:52AM Markets are trading at lowered volumes at the beginning on Friday morning due to All Saints’ Day in Europe and anticipation of major statistical publications later today. […]
NEWS: ‘Mr. Yen’ says that 2% inflation is a target Japan can never reach November 01, 2019 at 10:46AM
Eisuke Sakakibara, former Japanese vice finance minister and aka ‘Mr. Yen’, also sees USD/JPY headed towards 100 still His interview above touches on many more points such as fiscal policy and what […]
NEWS: Watch: Brexit Party campaign launch November 01, 2019 at 10:38AM
The announcement is starting now with Nigel Farage due to speak soon ForexLive Continue Reading:… Search Web: Watch: Brexit Party campaign launch
FxPro Daily Insight for November 1
November 01, 2019 at 10:39AM Market overview FX: The dollar remains under pressure, declined another 0.1% at DXY. GBPUSD added 0.5% this morning, EURUSD virtually unchanged to Thursday’s close near 1.1150. Often, […]
EU leadership change is in limbo after lawmakers reject three new members … CNBC
EU leadership change is in limbo after lawmakers reject three new members Silvia Amaro KEY POINTS * The outgoing team at the European Commission will now stay in office for longer but […]
Pound Volatility Cooling Off May Be Calm Before Election Storm
November 01, 2019 at 09:45AM Pound Volatility Cooling Off May Be Calm Before Election Storm Continue Reading… Author: Bloomberg | Post link: https://www.investing.com/news/forex-news/pound-volatility-cooling-off-may-be-calm-before-election-storm-2009753 Selected by fonecable.com Search Web: Pound Volatility Cooling Off […]
China says in contact with US on Trump-Xi meeting … TELETRADER
China’s Foreign Ministry said on Friday the country is in “close contact” with the United States about the organization of a meeting between presidents Donald Trump and Xi Jinping at which the […]
NEWS: UK October manufacturing PMI 49.6 vs 48.2 expected November 01, 2019 at 09:30AM
Latest data released by Markit – 1 November 2019 – 48.3 ForexLive The manufacturing contraction slows a little more amid a recovery in the headline reading but once again, this owes much […]
NEWS: Dollar losses ease as markets keep more steady on the session November 01, 2019 at 09:27AM
The dollar is now trading nearly flat against the rest of the major bloc ForexLive Dollar pairs are holding within 10 pips of their opening levels with changes overall being less than […]
Sterling Strengths Further .. RATIONALFX
The pound strengthened yesterday, heading for its biggest monthly rise in more than a decade as the combination of a weak dollar and the falling risks of Britain leaving the EU without […]
Lagarde must guide ECB through uncharted and troubled waters … IRISH TIMES
Bank chief must fathom threats far deeper than inflation and monetary policy Marie Finnegan When Christine Lagarde takes over as president of the European Central Bank for an eight-year term on Friday, […]
The Monetarist Era is Over! … PROJ SYND
Central bankers have been the first to recognize that the effectiveness of monetary policy in managing demand and stabilizing economic cycles has reached its limits. The problem is that many politicians and […]
China says won’t tolerate national security threats in Hong Kong … RTRS
BEIJING (Reuters) – China won’t tolerate challenges to the bottom line of the “one country, two systems” formula that governs Hong Kong, separatism or threats to national security there, a senior Chinese […]
US Imposes new Iran sanctions but waives others … RTRS
WASHINGTON (Reuters) – The United States said on Thursday it had imposed sanctions on the Iranian construction sector and trade in four materials used in its military or nuclear programs, even as […]
Oil inches higher but on track for big weekly decline … RTRS
Brent crude rises 0.1%, but oil prices set to take a hit from rising global supply and uncertain future demand REUTERS Tokyo — Oil prices edged up on Friday after a difficult […]
Forex – Dollar Slides to 10-Day Low Ahead of Payroll Data
November 01, 2019 at 08:42AM Forex – Dollar Slides to 10-Day Low Ahead of Payroll Data Continue Reading… Author: Investing.com | Post link: https://www.investing.com/news/forex-news/forex–dollar-slides-to-10day-low-ahead-of-payroll-data-2009712 Selected by fonecable.com Search Web: Forex – Dollar […]
NEWS: UK election: Watch out for Farage’s campaign launch today November 01, 2019 at 08:41AM
Nigel Farage’s election strategy may have significant implications for Boris Johnson and his Conservative party ForexLive Brexit Party leader Nigel Farage will be unveiling his election strategy this morning and is something […]