Latest data released by CBI – 23 March 2021
The headline reading shows factory orders balance jumping to a near two-year high, as it is the highest since April 2019. Meanwhile, output expectations balance was seen at 30 – up from -2 in February – and that is the highest since August 2017.

Barclays says that the dollar „offers the best of both worlds“
The firm says that the dollar is the place to be with G10 nations set to lead growth against all but a handful of emerging markets (US of course one of the leaders in the recovery), and the greenback also benefits as the best-performing safe

NZD/JPY is down over 2% to 76.35 currently
Much like how the technical picture in NZD/USD is looking poor, NZD/JPY is also not spared from that as the pair hints at a double top pattern around 79.00.

Comments from the governing council member
Central bankers weighing in on market levels is a quagmire, but when you run massive QE programs, that’s the result.

Forex news from the European morning session – 22 March 2021
Headlines:
Markets:
– CHF leads, GBP lags on the day
– European equities mixed; S&P 500 futures up 0.3%

S&P 500 futures up 0.3%
The relative „calm“ is helping to see risk assets recover on the session now ahead of North American trading with the dollar also falling to the lows of the day.

Bundesbank comments in its monthly report
Nothing that we don’t already know but keep an eye out on the daily virus numbers out of Germany for a sense of how things may progress next and at what pace. In particular, be mindful of the 7-day incidence rate – which has climbed to 107.3 .

AUD/USD trades to the highs of the day at 0.7735 after having opened the day with a gap lower at 0.7709
AUD/USD fell to a low of 0.7691 in the opening hour but has since recovered and is trading back to being little changed now at 0.7735.

Despite some pro-golfers follies last weekend, my golf game is far from being pro-like…
Nevertheless, the snippets got me thinking about trading like a pro.  More specifically, what simple things can retail traders do to trade more like a pro?  

Forex news for NY trading on March 19 2021
In other markets:
– Spot gold is trading up $6.87 or +0.39% at $1743.20
– Spot silver is up $0.12 or 0.46% $26.20