Over the past week the US administration has been in discussions with other countries over releasing oil from reserves:
The US has approached China, Japan, India, South Korea
The US has approached China, Japan, India, South Korea
Schlagwort-Archiv: Forex
Central bank watch: RBNZ to hike by 50bps?
First stop, the unreliable girlfriend
Heading into the last November Bank of England meeting investors were fully pricing in a 15bps hike to 0.25% with a further four 25bps being priced in for 2022. However, in a surprise to rate markets, the Monetary Policy Committee voted by a majority of 7-2 to maintain the Bank Rate at
Heading into the last November Bank of England meeting investors were fully pricing in a 15bps hike to 0.25% with a further four 25bps being priced in for 2022. However, in a surprise to rate markets, the Monetary Policy Committee voted by a majority of 7-2 to maintain the Bank Rate at
Central bank watch: Will the Fed stay flexible?
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
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
NASDAQ index closes the week at a record. Trades to a record intraday high as well
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
The US major stock indices are closing with mixed results.
Some highlights for the major indices:
Losers today included
Forexlive America FX news wrap: More Fed officials tilt to the hawkish side
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
Intro Paragraph Text Here.
Yesterday, Feds Williams, Evans and Bostic tilted more to the hawkish side of the ledger. Evans a dove, said that
The major economic releases and events: November 22 to November 26
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.
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.
WTI crude oil futures settle at $76.10
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.
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 threatens a drop towards September lows as trendline support looks to crack
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.
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.
Where art thou, SNB?
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.
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.
Stocks regain a bit of poise ahead of North American 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.
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.