Central bank rundown
Good morning, afternoon and good evening one and all! It’s time for your central bank catch up. So, if you have been out of the loop, or just want a quick refresher, then grab a coffee and let me get you up to speed. We will look at the remaining four major central

Forex new for North American traders on November 19, 2021
Intro Paragraph Text Here.
Yesterday, Feds Williams, Evans and Bostic tilted more to the hawkish side of the ledger. Evans a dove, said that 

Dow and S&P close lower
The US major stock indices are closing with mixed results. 
Some highlights for the major indices:
Losers today included 

US GDP, RBN zero rate decision
Of note is that the Pres. Biden has said that he will announce his decision for the Fed chairmanship before Thanksgiving. A time and date is yet to be determined.

Fourth straight week of the declines
The low for the day stalled just ahead of the October 7 low at $74.95. That level ss the next target on further downside momentum to get to and through. A move below that level would next target the 50% retracement of the move up from the August 22 low.

AUD/USD down 0.6% on the day to 0.7236 currently
The downside push in the pair is continuing as sellers keep near-term control and the latest risk aversion episode in European trading is helping to exacerbate the momentum.

EUR/CHF breaks critical support in fall to its lowest since July 2015
If there is one central bank that is going to be least satisfied with today’s moves, it has to be the SNB as we see EUR/CHF fall past key support at 1.0500 in European trading.

Nasdaq futures hit record highs
The earlier declines from the lockdown fears in Europe are being pared a little with the Stoxx 600 index now seen up by 0.1% again. There is still plenty of push and pull ongoing but pandemic fears in general are bringing back one of the market’s favourite bets last year i.e.

US futures also trim gains from earlier in the day
The Stoxx 600 has erased gains and we’re even seeing the likes of the DAX fall by 0.1% on teh day now as Austria’s lockdown and German health minister Spahn refusing to rule out a return to lockdown in Germany weigh on sentiment in markets.

USD/JPY plunges from 114.50 to a low of 113.90 on the day
We’re starting to see a classic case of risk aversion sweep across markets as European indices have erased gains on the day while in FX, the dollar and yen are broadly bid with bond yields tumbling across the board as well.