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US November consumer credit +23.75B vs +9.0B expected

US November consumer credit +23.75B vs +9.0B expected

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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Crude oil futures settle at $70.77

Crude oil futures settle at $70.77

Crude oil futures are settling at $70.77. That is down $-3.04 or -4.12%. The low price for the day reached $70.13. The high price was at $73.95.Saudi Arabia announced that they would cut crude oil prices particularly for Arab Light Crude to Asian customers by $2 per...

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Bitcoin hits $47,000 as ETF fever builds

Bitcoin hits $47,000 as ETF fever builds

I ran a poll earlier today and the results so far have shocked me.I would put the odds at 99% and would have thought that a community of market watchers would have put it at least at 85%.Perhaps as the news continues to hit and bitcoin grabs more headlines, there will...

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European equity close: Weak start, good finish

European equity close: Weak start, good finish

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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US dollar slides as bonds continue to attract bids

US dollar slides as bonds continue to attract bids

The US dollar is at the lows of the day across the board, led by an 80 pip decline in USD/JPY. The leg lower was kicked off by falling oil prices which weighed on Treasury yields and also helped to boost equities.It's resulted in a risk-positive environment that's...

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USDCHF moves lower and cracks below MA levels

USDCHF moves lower and cracks below MA levels

The USDCHF has moved lower in the early US trading session and has moved below its 100-hour moving average at 0.8503 and it 200-hour moving average 0.8479. Getting below those moving averages is a more bearish play. The next targets, come at the low from Friday and...

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US December employment trends 113.15 vs 113.05 prior

US December employment trends 113.15 vs 113.05 prior

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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