Another big move in the last hour of trading The major indices are closing lower on the day after the late day rally fizzled out. Starting the last hour of trading,…

Has the question on the veracity of the data out of China been settled? That’s a rhetorical question. John Hopkins is comparing the official figures, and I am not…

BoA looking for the USD to strengthen citing “economic and financial market shocks reverberate and USD demand persists” – the note forecasts EUR/USD 1.02 in both Q2 and 3…

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:…

Fitch obviously not wanting tweet rants directed their way. – Affirms US rating – outlook stable – says if the virus is contained in the second half of the…

…Continue Reading:… Search Web: US Treasury Secretary Mnuchin pours cold water on the idea of closing markets Recent Posts Nasdaq 100, DAX 30, Nikkei 225 Technical Forecasts Trump signs $2…

Sharp declines are retraced The major European stock indices staged a big recovery off of the low levels. The major indices are closing higher on the day. The provisional closes are…

Bloomberg report citing the embassy China has been importing cases of coronavirus and had mandated that arrivals go into a mandatory supervised quarantine for 14 days. Now they’re closing the…

…yesterday, closing under the 1.0800 level. However, price did keep above the 100-hour MA (red line) so that’s at least a good sign for buyers. Continue Reading:… Search Web: EUR/USD…

The Fed and Congress inspire an equity rally Closing changes: It was a great day to buy stocks as the market bets that Congress will come through with some kind…

Senators closing in on a deal On CNN a short time ago, US House Majority leader Nancy Pelosi had this to say: “If McConnell says we are on five yard…

US futures now up by over 4% on the day ForexLive Meanwhile, Asian stocks are also surging higher into the closing stages with the Hang Seng up by over 4.5%…

The dollar is keeping lower for the most part to start the session ForexLive Asian equities are rotting today with the Hang Seng closing in on 5% losses with Chinese…

…mood keeps more positive as we see Asian equities pass on the baton to Europe, with the Hang Seng index closing up by 5.1% today. Continue Reading:… Search Web: European…

La Stampa reports ForexLive Continue Reading:… Search Web: Italy reportedly may extend lockdown to at least 1 May Recent Posts Nasdaq 100, DAX 30, Nikkei 225 Technical Forecasts Trump…

Bloomberg reports, citing people familiar with the government’s position The report says that Putin will refuse to submit to what the Kremlin sees as oil blackmail from Saudi Arabia,…

Chinese state media reports The latest set of RRR cuts took place last week . here ForexLive Continue Reading:… Search Web: PBOC adviser says that there is scope for…

Comments by Australian treasurer, Josh Frydenberg Australian debt is already said to be standing around A$573 billion with the government – as of last year’s forecast – having expected…

…Web: Asian equities keep higher towards the closing stages Recent Posts Nasdaq 100, DAX 30, Nikkei 225 Technical Forecasts Trump signs $2 trillion coronavirus relief bill as the US tries…

…we approach the closing stages of Asia Pacific trading. Continue Reading:… Search Web: Not a good look for risk ahead of European trading Recent Posts Nasdaq 100, DAX 30, Nikkei…

UK spokesman James Slack briefs reporters One concern about closing schools is that with children home, it will stress further the healthcare industry workers.  Continue Reading:… Search Web: PM Johnson spokesman outlines the full menu…

Japanese stocks fall as risk sours towards the latter stages of Asian trading ForexLive The Nikkei is closing at the lows for the day and this represents the weakest close…

A joint statement to suspend non-essential travel between the two countries is being prepared – expected to be issued in the next 24 to 48 hours CNN citing an…

BOJ Gov. Kuroda to appear in parliament  Other BOJ news –  – have received approval from the Ministry of Finance to increase their their etfand J-REIT purchases program Continue…

Westpac were out with a jobless rate projections o 7%    ForexLive Continue Reading:… Search Web: ANZ forecast COVID-19 to tip Australia into recession. Unemployment headed towards 7.8% Recent…

…also. Continue Reading:… Search Web: Coronavirus – Las Vegas Strip officially closing for a minimum of 30 days Recent Posts Nasdaq 100, DAX 30, Nikkei 225 Technical Forecasts Trump signs…

European indices retrace back a chunk of the losses from yesterday – Eurostoxx +2.5% – Germany DAX +4.0% – France CAC 40 +3.0% – UK FTSE +2.9% – Spain…

This adds to bans from Italy and Spain as well ForexLive The AMF confirms that the ban will apply for 92 stocks. Update: Continue Reading:… Search Web: France’s Le…

…VIX hits highest closing level on record indicating stocks have more to fall. Recent Posts Nasdaq 100, DAX 30, Nikkei 225 Technical Forecasts Trump signs $2 trillion coronavirus relief bill…

The Chancellor on the Exchequer will attend Tuesday’s coronavirus press conference alongside Prime Minister Johnson – UK press sources say he will unveil a ‘significant financial package’ to help…

Says going to ‘update’ the Senate This will be code for wrangling more money for relief measures.  ForexLive Continue Reading:… Search Web: US Treas Sec Mnuchin is meeting with…

Half a percent is better than nothin’ but after the enormous plunge today, and in past weeks it’ll hardly make a dent. ForexLive Continue Reading:… Search Web: Globex reopens…

Ireland is providing assistance with 203 EUR/week for all employed, unemployed, self-employed, guaranteed for six weeks.  Anyone in Ireland? Is this enough? What does 203 EUR buy you? Continue…

…McDonalds says it is closing its dining rooms in US restaurants Recent Posts Nasdaq 100, DAX 30, Nikkei 225 Technical Forecasts Trump signs $2 trillion coronavirus relief bill as the…

Bond buying from the Reserve Bank of New Zealand would be a downward pressure on the NZD he adds RBNZ chief economist Yuong Ha interview with Bloomberg ForexLive Continue…

CIBC says the expected Bank of Canada rate cut could come as soon as Monday BoC has little choice but to follow the Fed ForexLive Continue Reading:… Search Web:…

Restaurants, bars to me limited to take out and delivery ForexLive Continue Reading:… Search Web: Coronavirus – New York city to close nightclubs, cinemas, concert venues from March 17…

MLF is the People’s Bank of China Medium Term Lending Facility  – interest rate on this one is unchanged from previous at 3.15% If you are in lockdown and…

…MGM temporarily closing Las Vegas casinos starting March 17th Recent Posts Nasdaq 100, DAX 30, Nikkei 225 Technical Forecasts Trump signs $2 trillion coronavirus relief bill as the US tries…

BOJ to hold an emergency meeting Details of the meeting at that link above  ForexLive Continue Reading:… Search Web: USD/JPY pops on the news of an emergency BOJ meeting…

Bank of Japan emergency monetary policy meeting at noon Tokyo time 16 March 2020  – 0300 GMT This meeting instead of the scheduled 18-19 meeting  ForexLive Continue Reading:… Search…

A weekend item in the local press here in Australia for those interested – note as I said, an opinion piece this is NOT confirmed UK government policy, just…

The move takes effect today  ForexLive Continue Reading:… Search Web: Coronavirus – CBOE joins the CME in closing their trading floor – complete shift to screen trading Recent Posts Nasdaq…

Greg posted over the weekend on Apple’s closing its stores right ar0ound the globe (ex China): These two are a small sample only of businesses closing, the step is being…

Stores inside China remain open Apple is closing all its stores outside of China in response to the Coronavirus and its spread to Europe and the US and how those…

Some kind of yield curve control? I think the Fed has to step in today. The liquidity measures didn’t succeed and the market desperately needs a lifeline. The Fed…

Schools and universities to close Closing schools is extremely effective in a pandemic. Not just because kids are disease vectors, but because it reduces crowds and forces many parents to…

Move believed unprecedented in modern times. In what may be the start of a trend, Rome’s Catholic churches are ordered close because of the coronavirus.  A decree by Pope’s Vicar for Rome dispenses…

…Web: Today is the kind of day where bad news comes after the closing bell Recent Posts Nasdaq 100, DAX 30, Nikkei 225 Technical Forecasts Trump signs $2 trillion coronavirus…

Intraday lows reach -20% The US major indices all hit bear market levels today (-20% from the all time highs).   The closing levels for the day are showing: Continue Reading:……

Adhering to San Francisco health offices order prohibiting events of 1000 people or more In other news Apple is closing all 17 retail stores in Italy due to the coronavirus….

Watch 105.21 USD/JPY has shaken off the earlier dip and is now closing in on a retest of the European high of 105.51. US stocks are up 3% after briefly…

Closing changes for the main European equity bourses: European stocks were up as much as 4% at one point. ForexLive Continue Reading:… Search Web: European equity close: Gains turn into…

A closing price down 20% from the high is the official definition of a bear market. I am not sure that really matters when we see massive selling like we…

Closing levels for the main US indexes US stocks fell to fresh session lows of 8% late in the day but staged a small bounce late in the day to…

…10-year yields closing back in on 1%. Continue Reading:… Search Web: Trade ideas thread – European session 5 March 2020 Recent Posts Nasdaq 100, DAX 30, Nikkei 225 Technical Forecasts…

…is heading to the sidelines to get a clear look at the virus and that meant closing out long GBP and short EUR positions; along with Continue Reading:… Search Web:…

Closing changes for the main European bourses: On the week: ForexLive Continue Reading:… Search Web: It was an awful week for European stocks. Here’s a look at the damage Recent…

…Sometimes closing feels good. The provisional closes are showing: Continue Reading:… Search Web: The good news is that the European stock markets are closed Recent Posts Nasdaq 100, DAX 30,…

…after a bit of a late scare towards the end of trading yesterday, where price fell sharply below the 100-hour MA (red line) in the closing stages. Continue Reading:… Search…

Dow and S&P down over 3%. 4th day of declines in a row The US stocks are closing down sharply for the 2nd day in a row . The Dow…

Not a pretty picture Oil is down another 3% today and is closing in on the lows from the start of the month. For me, crude is particularly vulnerable to…

S&P worse day since December 2018 The Dow is closing down over 1000 points on the day. It is the workstations February 8, 2018. The S&P index at its worst day since December 2018. …

…took out the August 2019 low yield of 1.9039% and although the yield is closing above that old low, the closing level will be the lowest Continue Reading:… Search Web:…