Рубрика: News

News forex

US dollar climbs to the best levels of the day

Fresh highs/lows in: EUR/USD USD/JPY AUD/USD USD/CAD NZD/USD The dollar has had a steady bid since new York arrived. Treasury yields and stocks have been creeping higher as well. It’s not a headline-driven trade but appears to be flow-driven and general selling of EUR/USD on political

AUD/USD lower for fourth day. Chops near 0.7550

Commodities under pressure The Australian dollar has gone from a session high to a session low in the past five hours. That’s just a 30 pip drop but that’s the shape of the playing field in this holiday-shortened week in FX. The dip to a low of 0.7546 found bids despite a modest break of […]

EURUSD tests 100 day MA at 1.1751

Sellers pushing back lowerThe 100 day MA is being tested in the EURUSD at 1.1751 (trading a little below now).   Earlier in the Asian session, the level was broken and key support at 1.16716-24 was tested (see earlier post)  We are back below as bears taking more control after the London morning squeeze back higher.

BOE expands term funding scheme by 25 billion pounds

UK authorizes larger term funding payments Bank of England Gov Carney asked to expand the size of the term finding scheme by 25 billion pounds and Chancellor of the Exchequer Phil Hammond approved it. In a statement, Carney said the larger scheme will help ensure low rates are passed into the economy. Someone will see […]

US stocks move a little higher in early trading.

Modest gains in early trading.The US stocks are opening near unchanged levels S&P index is up 1.8 points or +0.7%. Nasdaq is up 8.5 points or +0.12% Dow is up 31 points or +0.13% US yields are now higher (after being a little lower in early NY trading). 2-year 1.73%, +0.8 basis points 5year 2.067%, […]