From the start
Looking to start trading with a good fundamental foundation?
to learn more.
Checkout ForexSource.co
Looking to start trading with a good fundamental foundation?
to learn more.
Checkout ForexSource.co
Schlagwort-Archiv: FX
How close were the SNB to acting on the CHF?
Via Bloomberg
A point made by Bloomberg’s markets live blog that the CHF’s weakness is corresponding wih the bear steepening in global curves, with the increase in German yields particularly strengthening the Euro against other crosses. However, MLIVE blog make a case the longer end of global yield curves may be getting too cheap. The 30
A point made by Bloomberg’s markets live blog that the CHF’s weakness is corresponding wih the bear steepening in global curves, with the increase in German yields particularly strengthening the Euro against other crosses. However, MLIVE blog make a case the longer end of global yield curves may be getting too cheap. The 30
The Federal Reserve decision is Wednesday: Three things to watch for
The Fed has executed the pump; watch out for the dump
The Federal Reserve decision is on June 10 and it’s shaping up to be a bigger event than anticipated a week ago because of surprising strength in jobs and equity markets.
The Federal Reserve decision is on June 10 and it’s shaping up to be a bigger event than anticipated a week ago because of surprising strength in jobs and equity markets.
OPEC+ agrees to 1 month output cut extension
OPEC+ endorses one-month extension
OPEC+ agreed today to extend record oil production until the end of July.
Iraq had been holding up the deal but agreed to make up for overproduction in the previous period. Nigeria agreed to a similar proposal.
OPEC+ agreed today to extend record oil production until the end of July.
Iraq had been holding up the deal but agreed to make up for overproduction in the previous period. Nigeria agreed to a similar proposal.
FT: Stimulus plans put off into the autumn in the UK
UK Chancellor Sunak
The London Financial Times is reporting that UK Chancellor of the Exchequer Sunak is reportedly delaying is stimulus plan until the autumn. The expectations for an emergency sellers budget have been lowered.
The London Financial Times is reporting that UK Chancellor of the Exchequer Sunak is reportedly delaying is stimulus plan until the autumn. The expectations for an emergency sellers budget have been lowered.
US consumer credit plunges -$68.78 billion vs. $-20 billion estimate
US consumer credit for the month of April 2020
I guess people spend a lot going out for dinner and a movie….
For bank trade ideas, check out eFX Plus
I guess people spend a lot going out for dinner and a movie….
For bank trade ideas, check out eFX Plus
CFTC commitments of traders. EUR longs increase.
Forex futures positioning data for the week ending May 26, 2020
– EUR long 81K vs 75K long last week. Longs increased by 6K
– GBP short 36K vs 22K short last week. Shorts increased by 14K
Highlights:
– EUR long 81K vs 75K long last week. Longs increased by 6K
– GBP short 36K vs 22K short last week. Shorts increased by 14K
Highlights:
US stocks close sharply higher. NASDAQ prints a new all-time high
Dow, S&P best week in 2 months
The major US stock indices closed sharply higher after the much better-than-expected employment report.
For the week, rotation into to Dow stocks was the storyline.
The major US stock indices closed sharply higher after the much better-than-expected employment report.
For the week, rotation into to Dow stocks was the storyline.
ForexLive Americas FX news wrap: US jobs report crushes expectations
Forex news for North American trade June 5, 2020:
Markets:
The mode in the market has been slowly flipping from fear to greed and a shock jump in US employment sent it into overdrive. USD/JPY jumped to 109.75 from 109.25 on the headlines and it stuck around there most of the day.
Markets:
The mode in the market has been slowly flipping from fear to greed and a shock jump in US employment sent it into overdrive. USD/JPY jumped to 109.75 from 109.25 on the headlines and it stuck around there most of the day.
OPEC+ reportedly will extend current output cuts deal by at least one month
Bloomberg reports, citing OPEC+ delegates on the matter
– All OPEC+ nations have agreed to comply with quotas
– OPEC+ nations that didn’t meet quotas previously, will compensate in July to Sept
For bank trade ideas, check out eFX Plus
– All OPEC+ nations have agreed to comply with quotas
– OPEC+ nations that didn’t meet quotas previously, will compensate in July to Sept
For bank trade ideas, check out eFX Plus