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 […]
NEWS: More from Fed’s Kashkari – more comfortable now the yield curve is not inverted November 12, 2019 at 11:18PM
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:… […]
Yen May Fall, USD/JPY Reversal Ahead After Trump Trade Talk?
November 12, 2019 at 11:00PM The Japanese Yen rose, leaving USD/JPY more at risk to a reversal on ongoing uncertainties in US-China trade deal hopes and technical analysis. Ahead, the Australian Dollar […]
Boris Johnson Asks Troops to Fight Floods as Weather Hits U.K. Ballot
November 12, 2019 at 11:07PM Boris Johnson Asks Troops to Fight Floods as Weather Hits U.K. Ballot Continue Reading… Author: Bloomberg | Post link: https://www.investing.com/news/forex-news/boris-johnson-asks-troops-to-fight-floods-as-weather-hits-uk-ballot-2019317 Selected by fonecable.com Search Web: Boris Johnson […]
NEWS: Fed’s Kashkari says he is a little more optimistic on the US economy November 12, 2019 at 10:52PM
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: […]
NEWS: China’s Global Times on trade talks with the US – says there “isn’t a quick fix for this prolonged conflict” November 12, 2019 at 10:33PM
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 […]
NEWS: ICYMI – Fed’s Harker did not support the October FOMC rate cut November 12, 2019 at 10:21PM
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 […]
NEWS: Groundhog Punxsutawney Phil to speak on Brexit, Wednesday November 12, 2019 at 10:13PM
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 […]
NEWS: Forexlive Americas FX news wrap: Pres. Trump replays the usual themes November 12, 2019 at 10:03PM
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 […]
US Dollar Price Volatility Report: USD Eyes CPI, RBNZ, Auto Tariffs
November 12, 2019 at 09:37PM US Dollar implied volatility & trading ranges: USD/JPY, NZD/USD and EUR/USD price action highlighted ahead of the US CPI report release, an RBNZ rate review and Trump's […]
NEWS: NZ food prices for October: -0.3% m/m (prior 0.0%) November 12, 2019 at 09:46PM
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: […]
NEWS: Trade ideas thread – Wednesday 13 November 2019 November 12, 2019 at 09:36PM
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 […]
Australian Dollar Outlook: AUD/USD, AUD/NZD Levels Ahead of RBNZ
November 12, 2019 at 09:30PM The Australian Dollar has enjoyed a boost from a recent improvement in US-China trade tensions but could look to the neighboring RBNZ for early direction this week. […]
NEWS: NZD traders – RBNZ interest rate announcement due today – preview November 12, 2019 at 09:27PM
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: […]
NEWS: Dow closes unchanged. Nasdaq closes at a record. S&P just short November 12, 2019 at 09:24PM
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 […]
NEWS: NZDUSD stays near the session lows with RBNZ decision ahead in the new day November 12, 2019 at 09:07PM
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 […]
NEWS: Here is what’s on the economic calendar in Asia today – RBNZ cash rate decision due November 12, 2019 at 09:04PM
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 […]
US Dollar Resistance Test: Trade or Fade USD, EUR/USD, AUD/USD
November 12, 2019 at 08:19PM The US Dollar has clawed back half of last month's losses, and a couple of big drivers sit on the docket for the next two days in […]
Canadian Dollar Outlook: USD/CAD Breakout Fizzles- Loonie Levels
November 12, 2019 at 08:15PM The Canadian Dollar may be poised to mount a counter-offensive as the recent US Dollar advance tests resistance. Here are the levels that matter on the USD/CAD […]
NEWS: Kudlow: Would not put a timeline on China trade deal November 12, 2019 at 08:07PM
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
Euro Forecast: Fresh Lows in Sight for EUR/JPY & EUR/USD Rates
November 12, 2019 at 07:55PM Fresh monthly lows are in place for EUR/USD, while EUR/JPY has exited the sideways consolidation keeping prices contained since mid-October. Continue Reading… From: Christopher Vecchio, CFA Selected […]
NEWS: Major indices turn negative November 12, 2019 at 07:58PM
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
NEWS: WTI crude oil futures settle at $56.80 November 12, 2019 at 07:40PM
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 […]
NEWS: The USDJPY fell below the 200 day MA and the 109.00 level November 12, 2019 at 07:28PM
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 […]
Trump Renews Assault on the Fed, Phase One Trade Deal Doubts Rise
November 12, 2019 at 07:22PM President Trump continued his attack on the Federal Reserve today at a speech delivered at the Economic Club of New York. POTUS also injected fresh doubts on […]
NEWS: Stocks giving up gains. Still higher but earlier gains eroded November 12, 2019 at 07:19PM
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 […]
NEWS: Hu Xijin China Global Times: A lot of complaints about China in speech… November 12, 2019 at 07:09PM
… 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 […]
NEWS: The before and after impact from the Pres. Trump speech November 12, 2019 at 06:30PM
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 […]
NEWS: Q&A session with Pres. Trump November 12, 2019 at 06:10PM
Highlights of question and answer ForexLive Continue Reading:… Search Web: Q&A session with Pres. Trump
NEWS: Fed’s Harker: He was against the October rate cut November 12, 2019 at 06:07PM
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 […]
NEWS: GBPUSD moves up to 200 hour MA/50% retracement and backs off November 12, 2019 at 05:37PM
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 […]
NEWS: Fed’s Barkin: Policy in a mildly accommodative place November 12, 2019 at 05:24PM
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
NEWS: Highlights from Pres. Trump at the Economic Club of New York November 12, 2019 at 05:12PM
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
NEWS: YouGov poll: Conservatives 42%. Labour 28% November 12, 2019 at 05:08PM
YouGov poll for Sky The latest YouGov Poll is showing: ForexLive Continue Reading:… Search Web: YouGov poll: Conservatives 42%. Labour 28%
NEWS: LIVE: Pres. Trump at the Economic Club of NY November 12, 2019 at 05:00PM
Watch Live HERE ForexLive Continue Reading:… Search Web: LIVE: Pres. Trump at the Economic Club of NY
Merkel Opens Door to Fin Min Plan for EU Banking Union … BBG
German Chancellor Angela Merkel signaled support for her deputy’s gambit to break a years-long impasse over Europe’s banking integration. Her remarks Monday evening suggest that the proposal by Germany’s finance minister, while […]
Gold flat as investors await cues from Trump speech on trade war … RTRS
* Trump to speak at Economic Club of New York later in the day * Gold to face a significant resistance at $1,488 level – trader * Gold up more than 13% […]
Double attacks target Palestinian militant group in Gaza and Damascus … AFP
Israel killed a senior Islamic Jihad commander in an airstrike in Gaza early Tuesday just hours before another attack in Damascus targeted the home of another leading Palestinian militant, killing his son […]
NEWS: FoxBusiness Lawrence: The EU auto tariffs may not be delayed afterall November 12, 2019 at 04:53PM
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 […]
NEWS: European shares get a lift in trading today November 12, 2019 at 04:44PM
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 […]
NEWS: GBPUSD stay below a topside trend line on the hourly chart November 12, 2019 at 04:28PM
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% […]
NEWS: Fed’s Barkin: The US labor market is tight November 12, 2019 at 04:07PM
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 […]
Oil prices gain as market awaits signals on US-China trade talks … RTRS
Oil prices rose on Tuesday, reversing early losses on hopes that U.S. President Donald Trump may signal progress on trade talks with China in a speech later in the day. Brent crude […]
EU rejected small trade deal with US … TELETRADER
The European Union rejected a request from United States Trade Representative Robert Lighthizer to strike a limited trade deal as soon as possible, a letter from European Trade Commissioner Cecilia Malmstrom published […]
NEWS: EURUSD breaks to new session lows. November 12, 2019 at 03:45PM
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 […]
ECB Lagarde faces ECB council move to overhaul policy … FT
Senior colleagues want formal votes on setting interest rates Christine Lagarde is to face calls for an overhaul of how the European Central Bank decides monetary policy as senior colleagues use the […]
Brexit party snubs Tory calls to stand down in Labour marginals … THE GUARDIAN
Brexit party leader derides demands to make further concessions in general election Rowena Mason and Kate Proctor Nigel Farage has branded Conservative calls for the Brexit party to stand down in Labour […]
UK unemployment rate down to 3.8% in Q3 … TELETRADER
The rate of unemployment in the United Kingdom stood at 3.8% in the third quarter of 2019, according to data released by the Office for National Statistics on Tuesday. The reading is […]
ZEW : German economic sentiment brightens … TT/RTRS
Economic sentiment in Germany significantly improved in November, according to the monthly survey from the Centre for European Economic Research (ZEW) released on Tuesday. The ZEW Indicator of economic sentiment jumped 20.7 […]
Trump to speak ‘constructively’ on China … TELETRADER
United States President Donald Trump is expected to make a “constructive statement on China” while speaking later on Tuesday at the Economic Club of New York, Politico reported, citing an unnamed source […]
Dollar edges up on positive hopes for Trump trade speech … RTRS
“The market has obviously been quite wary about whether a phase one deal is on or not – a lot of hopes are being placed on this speech one way or another,” […]
Forex- U.S. Dollar Inches Up; Chilean Peso Tumbles
November 12, 2019 at 03:14PM Forex- U.S. Dollar Inches Up; Chilean Peso Tumbles Continue Reading… Author: Investing.com | Post link: https://www.investing.com/news/forex-news/forex-us-dollar-inches-up-chilean-peso-tumbles-2018891 Selected by fonecable.com Search Web: Forex- U.S. Dollar Inches Up; Chilean […]
US Stocks futures edge tentatively higher as Wall Street awaits Trump speech … MARKETWATCH
U.S. stock futures were inching higher Tuesday as investors reacted to reports that President Donald Trump would delay imposing auto tariffs on Europe during an anticipated speech scheduled to begin at noon. […]
NEWS: New all time intraday highs in the NASDAQ and S&P indices November 12, 2019 at 03:23PM
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 […]
NEWS: Schiff nudges the President ahead of speech November 12, 2019 at 03:20PM
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 […]
Currency Wars: What to Expect if a Currency War Breaks Out?
November 12, 2019 at 03:00PM The risks of a full-blown currency war is at an all-time high since the US-China trade began. While trade wars are fought with tariffs, currency wars can […]
NEWS: USDCAD moves to new session lows, but stalls ahead of support November 12, 2019 at 03:09PM
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 […]
US Dollar Awaits Trump, NZD/USD Volatility Soars, GBP/USD Rangebound – US Market Open
November 12, 2019 at 02:30PM US Dollar on the front-foot, NZD/USD volatility soars to 6-month high, UK employment continues to show signs of slowing down. Continue Reading… From: Justin McQueen Selected by […]
NEWS: Stocks little changed at the open. Await Trump. November 12, 2019 at 02:35PM
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 […]
NEWS: EURUSD trades to the lowest level since October 15 but loses downside momentum November 12, 2019 at 02:30PM
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 […]
Soy Wave Analysis – 12 November, 2019
November 12, 2019 at 02:16PM Soy trading close to support area Likely to rise to 944.00 Soy recently corrected down and is currently trading close to support area lying between the support […]
EURUSD Wave Analysis – 12 November, 2019
November 12, 2019 at 02:15PM EURUSD broke the support area Likely to fall to 1.1000 EURUSD recently broke the support area lying between the support level 1.1065 (low of wave (i)) and […]
Coca- Cola Wave Analysis – 12 November, 2019
November 12, 2019 at 02:14PM Coca- Cola broke support area Likely to fall to 51.00 Coca-Cola under bearish pressure after the earlier breakout of the support area lying between the support level […]
NEWS: ECB De Guindos: We have definitely not exhausted all our options November 12, 2019 at 02:03PM
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
NEWS: The USDJPY is higher but stalls at swing area November 12, 2019 at 01:52PM
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 […]
Pound Traders Brace For Weakness Even After Farage Election Pact

November 12, 2019 at 01:47PM Sign up to our Brexit Bulletin, follow us @Brexit and subscribe to our podcast. Pound traders are betting on the currency to fall in coming months given the political risks from […]
NEWS: Survation Poll from Nov 6-8 has Conservatives 35% (+1%) Labour 29% (+3%) November 12, 2019 at 01:38PM
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 […]
US Dollar Returns to Resistance: USD Trade or Fade, AUD/USD, GBP/USD
November 12, 2019 at 01:30PM The US Dollar is back to a zone of key resistance as 50% of last month's sell-off has been retraced. Can USD bulls continue to push? Continue […]
NEWS: What’s on calendar today? Trump. November 12, 2019 at 01:18PM
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 […]
NEWS: The USD is the strongest and the NZD is the weakest as the NA session begins November 12, 2019 at 01:07PM
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. […]
USD/JPY, GBP/JPY, EUR/JPY, AUDJPY: Japanese Yen Trading Outlook
November 12, 2019 at 01:00PM In today's session, we looked at a few USD and JPY pairs, but a lot of focus was on the Yen-plex as moves looks to be nearing. […]
Ripple-Powered Finablr Posts Revenue Update: 22 Percent Rise
November 12, 2019 at 12:42PM Remittance platforms that are using Ripple’s On-Demand Liquidity (ODL) are making progress with the adoption of XRP as a bridge between local fiat currencies and are also […]
NEWS: China premier Li Keqiang: Will strengthen support for the real economy November 12, 2019 at 12:33PM
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: […]
Analyst: Ethereum Still on Track for Move to $260 as Network Activity Spikes
November 12, 2019 at 12:18PM Ethereum has been closely tracking Bitcoin’s price action over the past several days and weeks, and this correlation has persisted when ETH dropped overnight as BTC was […]
China could launch its own digital currency in the next 2-3 months, predicts investor
November 12, 2019 at 12:04PM China could start rolling out its digital currency as early as the next two to three months, predicted the managing partner of an investment firm backed by […]
Chile’s peso plummets to historic low at market opening amid unrest
November 12, 2019 at 11:56AM Chile’s peso plummets to historic low at market opening amid unrest Continue Reading… Author: Reuters | Post link: https://www.investing.com/news/economic-indicators/chiles-peso-plummets-to-historic-low-at-market-opening-amid-unrest-2018644 Selected by fonecable.com Search Web: Chile’s peso plummets […]
Bitcoin: a 100x growth in 9 years, but down for now
November 12, 2019 at 11:59AM BTCC head Bobby Lee waits for Bitcoin for $1 million in 9 years due to the unwise policy of central banks, as well as due to demand […]
NEWS: ForexLive European FX news wrap: Dollar firm, markets brace for Trump speech November 12, 2019 at 11:48AM
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: […]
The world’s largest trade deal could be signed in 2020 — and the US isn’t in it
November 12, 2019 at 11:21AM After more than six years of negotiations, more than a dozen countries in Asia Pacific are now aiming to sign what would be the world’s largest trade […]
NEWS: US October NFIB small business optimism index 102.4 vs 102.0 expected November 12, 2019 at 11:00AM
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
NEWS: Reminder: Trump to deliver trade speech later today November 12, 2019 at 10:40AM
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 […]
NEWS: Fed’s Clarida: Current framework has benefit of flexibility November 12, 2019 at 10:31AM
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 […]
NEWS: Germany November ZEW survey current situation -24.7 vs -22.3 expected November 12, 2019 at 10:00AM
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 […]