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Bitcoin is running higher

Bitcoin is running higher

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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Trump trades continue to rally as his odds improve

Trump trades continue to rally as his odds improve

All the Trump trades have climbed as election results from Georgia and Florida come in.Trump is running decidedly better in Florida and it's safe to say he has won the state. The stronger vote there bodes well for him but him winning that state isn't really a...

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US dollar firms across the board as Trump trades climb

US dollar firms across the board as Trump trades climb

I'm not sure what the FX market is trying to tell us today but all of the USD declines from earlier today has been erased.EURUSD 10 minsThe main argument for a dollar rally that I've heard in the past month is a red sweep. The idea here is that Trump and Republicans...

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Japan October services PMI 49.7 (preliminary was 49.3)

Japan October services PMI 49.7 (preliminary was 49.3)

Japan Jibun Bank / S&P Global Services PMI (October) 49.7flash was 49.3prior was 53.1 Composite 49.6prior 52.0The report notes that momentum in Japan's service sector faltered sharply at the beginning of the fourth quarter of 2024, as companies experienced their...

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USD moves higher as bias tips to Trump early

USD moves higher as bias tips to Trump early

The independent voters which account for 31% of the Georgia votes are leaning 54% to 43% for Trump. That was reverse from 2020 with Biden gaining from the independent voters.. Florida numbers are higher for Trump vs 2020 with 50% in and Trump leading 53.2% vs 45.9% in...

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USD big swings – careful out there!

USD big swings – careful out there!

Asian timezone participants are well versed in thin liquidity trade, we see it every Monday morning. It's the case today also, markets are going to shoved around on US election counting news. Be careful, your fills may be further away from where you click the buttons....

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Reminder – the states to watch in the US election

Reminder – the states to watch in the US election

We are beginning to get US election results coming through, with some states being 'called' by pundits. Don't pay too much attention to places that are solidly Red or Blue. For example, Harris has been declared the winner in Vermont. Which was expected. Trump has been...

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