이 블로그는 QHost365.com 을 이용합니다.
도메인/웹호스팅 등록은 QHost365.com
With nearly 1/2 of the North American session is now over (and most of the day over), and the USDJPY remains in a very narrow 32-pip trading range for the day. That is only 31% of what is a normal day over the last trading month (the normal range for a day is 102...
The S&P index is trading up around 14.0 points or 0.32 percent at 4464.61. In the process, the prices moving above and away from its 200 hour moving average at 4455.61 (green line at the chart below). The 100 hour moving averages a target above at 4479.48 (blue...
Closing changes:Stoxx 600 -1.2%German DAX -1.1%UK FTSE 100 -0.8%French CAC -1.5%Italy MIB -1.3%Spain IBEX -0.9%Midway through Friday it looked like European stocks might be turning the corner but one-and-a-half trading days later, it's right back into the dead zone....
Core PCE inflation Fed forecastsThe Fed is due for another set of economic forecasts this week and one interesting spot will be core inflation.The current central tendency is 3.7-4.2% and it looks like the December reading will be below the low end of that range,...
The EURUSD is stretching to a new session high in the last few minutes as early sellers in the North American session could not gather any momentum support in that direction. Sellers had their shot. They missed. The trading range has extended to about 24 pips (30 pips...
Goldman Sachs weighs in on the much-anticipated Bank of England meeting this week, forecasting a 25 basis points hike in interest rates which is in line with the consensus. Despite this, the bank doesn't anticipate significant movements in the EUR/GBP pair due to...
Traders in the NZDUSD are extending the price to new session lows for the new trading week. In the process, the price has moved back below its 100 hour moving average at 0.5910, and it's a 200 hour moving averages 0.59029. Earlier today, the high prices in the...
The economy according to Yellen:I see no signs the economy is in a downturnConsumer spending remains robustBiden wants to make gasoline prices affordableI think we're achieving lower inflationThere's absolutely no reason for a government shutdownLabor market cooling...
The AUDUSD sellers are making a play in the early US trading hours to start the trading week. The price has now moved below its 100 hour moving average at 0.6432, and also below the 38.2% retracement of the September trading range of 0.64287 (see chart below). The...
Prior was 50Current single-family home sales 51 vs 57 priorSales over next six months 49 vs 55 priorProspective buyers 30 vs 35 priorI'm surprised the consensus was as high as it was, given the rise in interest rates in the past six weeks. That surely has to dampen...
The major indices are trading mixed at the open for the day/week.Looking at the major indices:Dow Industrial Average's trading up 25 points or 0.06% at 34645S&P index is down 3 points or -0.06% at 4447.70NASDAQ index is down 19 points or 0.14% at 13688.12Last week...
Sellers are making a play in early North American trading in the USDCAD as the price has broken below a floor area between 1.34921 and 1.35039. Getting back above that area is now needed to tilt the buys back to the upside. Until then, the sellers are in control in...
Citigroup hasn't quite thrown in the towel on oil yet. In August, they were saying crude would fall after summer ended and could hit $68/barrel. Now they say it could hit $100 in a 'technical' move while still maintaining that the oil market is headed for oversupply....
The trading week in the forex market is off to a slow start with modest trading ranges in the major currency pairs. In this video, I outline the key levels in play today and going forward for the EURUSD, USDJPY and GBPUSD and show why they are key. EURUSD: The EURUSD...
Prior was +0.4% (revised to -0.1%)Producer prices y/y -0.5% vs -2.7% expectedRaw materials price index +3.0% vs +3.5% m/m priorRaw materials price index -4.3% vs -11.1% y/y priorGiven the revision to the prior, this isn't as big of a miss as it first appears but it's...
The strongest to the weakest of the major currenciesAs the new trading week begins, the CHF is the strongest and the USD is the weakest. However, all the major currencies are scrunched together in what is a quiet open for the trading week. The largetst low to high...
Headlines:Markets:USD little changedEuropean equities lower; S&P 500 futures down 0.2%US 10-year yields up 1.6 bps to 4.338%Gold up 0.1% to $1,926.46WTI crude up 0.6% to $91.30Bitcoin up 2.9% to $27,194It was a quiet session overall as markets look to get settled...
S&P 500 futuresAfter the relatively calmer mood throughout European morning trade, US futures are now starting to take a bit more of a hit on the day. S&P 500 futures are now down by 0.2% with Nasdaq futures down 0.3%. That is keeping a drag on the softer mood...
The PBOC is out with some comments noting that China will improve its policies and create a more market-oriented and international-level business climate. I would look past the smoke and mirrors here as the meeting seems to involve the forex regulator for some reason....
The latest results from Reuters' poll on economists on the SNB ahead of the policy meeting decision this week:30 of 37 economists expect another 25 bps rate hike this weekThe majority then sees the SNB keeping rates unchanged at 2% until at least middle of next yearAs...