Westpac and the Melbourne Institute data point Consumer Confidence Index for November: +4.5% m/m to 97.0 – prior -5.5% to 92.8 An improvement on the month and still under the 100 level […]

Federal Reserve Bank of Minneapolis President Kashkari, earlier comments here:   Fed’s Kashkari says he is a little more optimistic on the US economy A little more now, via Reuters: Continue Reading:… […]

Federal Reserve Bank of Minneapolis President Kashkari speaking in an audience Q&A – a little more optimistic on the US economy than he was a few months ago Continue Reading:… Search Web: […]

A piece in the Global times, an interview with Hans-Paul Bürkner, chairman of Boston Consulting Group (BCG) The headline to this post is an editorial opinion from the GT editor, but it fits […]

Philadelphia Fed chief Patrick Harker is not a voter on the Federal Open Market Committee this year, but if he was he says  he would have dissented. Continue Reading:… Search Web: ICYMI – Fed’s […]

No, wait, UK PM Boris Johson will speak, but will declare the "end the groundhoggery of Brexit" if he wins next month’s election. Johnson will speak from a prepared text on Wednesday. Reuters […]

Forex news for NY trading on November 12, 2019 . For the 2nd consecutive day, the economic calendar was void of any releases.   Today however, a few Fed speakers did talk and Pres. Trump was making a […]

New Zealand data ahead of the RBNZ meeting later in the session. That’s where the focus is:  Greg’s latest update is here: ForexLive Continue Reading:… Search Web: NZ food prices for October: […]

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 […]

The Reserve Bank of New Zealand monetary policy meeting for 13 November 2019. Announcement due at 0100GMT. – Accompanied by the latest Monetary Policy Statement Previews already posted: Continue Reading:… Search Web: […]

Is unchanged in the Dow a record? Does a "tie go to the runner" in stocks (that’s a baseball term). That is, a Dow that closes unchanged, does it make it a […]

Lower highs on the corrections in the NZDUSD today The NZDUSD fell sharply when the inflation expectations index came in weaker than expected The  fall took the price to a low for […]

Reserve Bank of New Zealand coming up at 0100 GMT. 2145 GMT NZ food prices for October – prior 0.0% change 2300 GMT Federal Reserve Bank of Minneapolis President Kashkari speaking Continue […]

Larry Kudlow speaking on CNBC The White House’s Larry Kudlow is on CNBC saying: ForexLive Continue Reading:… Search Web: Kudlow: Would not put a timeline on China trade deal

The NASDAQ gives up The picture below says it all. The gains for the day have been eroded. ForexLive Continue Reading:… Search Web: Major indices turn negative

Falls by $0.06 or -0.11% The price of WTI crude oil futures are settling at $56.80. That’s a decline of $0.06 or -0.11%. Looking at the daily chart, the price has now […]

The USDJPY cracks lower  Gold has moved up on the day and trades at new session highs.  Stocks are moving back lower after trading at all-time record highs and yields are a little lower […]

Dow near unchanged The major US stock indices have been giving up some of their gains over the last 20 or so minutes.  The S&P index is now trading below its all-time record high close. The NASDAQ […]

… but hardly anything new The China Global Times editor Hu Xijin is tweeting about Pres. Trump’s speech, saying: Quite a lot of criticisms and complaints about China from Pres. Trump in his latest […]

Not a lot of change The speech from Pres. Trump at the Economic Club of NY is over. Overall, there was a lot of review of the economic, regulatory, fiscal policy with a sprinkling of Fed […]

Highlights of question and answer ForexLive Continue Reading:… Search Web: Q&A session with Pres. Trump

Speaking in NY  The Fed’s Harker is also speaking in NY and is at odds with the President’s remarks for the Fed to continue to ease rates.  He says: Continue Reading:… Search […]

Trump keeps the Fed bashing and helps to weaken the dollar a bit Pres. Trump continued his bashing of the Federal Reserve for keeping rates too high, and the comments weakened the dollar. Continue […]

Richmond Feds Thomas Barkin Richmond Fed’s Thomas Barkin seems to be answering some questions from his speech in Virginia: ForexLive Continue Reading:… Search Web: Fed’s Barkin: Policy in a mildly accommodative place

Speaking at the Economic Club of New York Stocks at the start of the speech: ForexLive Continue Reading:… Search Web: Highlights from Pres. Trump at the Economic Club of New York

YouGov poll for Sky The latest YouGov Poll is showing: ForexLive Continue Reading:… Search Web: YouGov poll: Conservatives 42%. Labour 28%

Watch Live HERE ForexLive Continue Reading:… Search Web: LIVE: Pres. Trump at the Economic Club of NY

FoxBusiness Edward Lawrence FoxBusiness Edward Lawrence is on twitter saying: US trade representative offices will submit a report on possible tariffs on autos and auto parts. This report will be submitted to White […]

Spain’s Ibex is the exception as they sort through the political uncertainty The major European stock indices are ending the day higher. They got a boost from the Trump administration saying tariffs on European auto imports would be delayed […]

The GBPUSD is lower, but off session lows The GBPUSD rose sharply yesterday after Brexit Party leader Farage said that his party would not run candidates against Tory seats.  The high reached to the 61.8% […]

Remarks from a speech in Danville Virginia The Richmond Fed president Thomas Barkin is apparently speaking in Danville, Virginia.  He says: Barkin is not a voting member on the FOMC this year, nor will […]

Looks to test 1.1100 The EURUSD has broken to a new session low and in the process has moved back below a broken trend line ().  That underside of the broken trend line comes in at […]

Trading higher in anticipation of good news from Pres. Trump The NASDAQ and the S&P index, which failed to close at record highs yesterday, are making a for today by extending higher and in the process taking […]

You never know…. What we know from Pres. Trump is that he can change on a dime.  With his speech at the Economic Club of NY just a few hours away, looming […]

The 100 hour MA will be a lower level to eye for bulls and bears through Trump speech The USDCAD ran to the highest level since mid-October today (above 1.32387) and although […]

Dow closed at a record level yesterday The Dow closed higher yesterday. As a result, any positive gain today would make a new record high at the close.  Continue Reading:… Search Web: Stocks little changed […]

Underside of the broken trend line stalls the EURUSDs fall The EURUSD kinda "sidewayed its way" above a trend line yesterday (it broke but it was helped by the downward slope).  When you […]

ECB De Guinfos from Boersen-Zeitung The EURUSD is little changed since the comments were released.  ForexLive Continue Reading:… Search Web: ECB De Guindos: We have definitely not exhausted all our options

Buyers and sellers battling it out Yesterday, the USDJPY fell below an upward sloping trend line and the 100 hour MA at the 109.06 area. The price rallied back toward the 100 hour […]

The polls after the Farage concession yesterday will be more of a focus The Survation Poll, which was conducted on Nov 6-8 is showing: The poll was taken before the Farage concession […]

That’s about it…. The calendar is bare. There will be no economic releases from NY or Canada.  As far as events, the focus will be squarely on the speech by Pres. Trump at the Economic Club […]

Modest changes as Trump awaited The USD is the strongest of the majors, while the NZD is the weakest as inflation expectations were lower than expectations  – sending the NZD sharply lower.  […]

Comments by China premier Li Keqiang, via state media – Will accelerate upgrade of manufacturing sector – Will keep macro policies stable to achieve targets for 2019 ForexLive Continue Reading:… Search Web: […]

Forex news from the European morning session – 12 November 2019 Headlines: Markets: – USD leads, NZD lags on the day – European equities higher; E-minis up 0.1% Continue Reading:… Search Web: […]

Latest data released by NFIB – 12 November 2019 – Prior 101.8 ForexLive Continue Reading:… Search Web: US October NFIB small business optimism index 102.4 vs 102.0 expected

Trump will be speaking at lunchtime in New York We’re being treated to the two heavy hitters in the US this week as after Trump’s speech is done today, we will have […]

Comments by Fed vice chair, Richard Clarida, in Zurich – Advantage of current framework is that it provides the Fed with flexibility to assess a broad range of factors and information in […]

Latest data released by ZEW – 12 November 2019 – -25.3 – Expectations -2.1 vs -13.0 expected – Prior -22.8 ForexLive The headline reading is a little worse than expected but off […]

Latest data released by ONS – 12 November 2019 – +3.8%; revised to +3.7% – Average weekly earnings (ex bonus) +3.6% vs +3.8% 3m/y expected – Prior +3.8% – ILO unemployment rate […]