Cite tepid prices
The directors of 12 regional Fed reserve banks sought no change in the Discount rate at the last meeting. The discount rate is the rate that banks borrow money from the Fed at the discount window. It is less of policy tool then …
Cite tepid prices
Been moving up and down of late
The AUDUSD moved above 2016 highs in July. The swing highs were in the 0.7730-55 area. Then 0.7834. Since that time, the price has one day with a close below the 0.7834. The current price is just above 0.7900 (at 0…
The post Forex technical analysis: AUDUSD moving back toward lows appeared first on Forex news forex trade.
New sanctions against 10 companies and 6 individuals
Earlier today, the US announced sanctions against 10 companies and 6 individuals (China and Russia). The goal is to put more economic pressure on them to persuade a taming of the risks from N. Korea….
Chevron chief executive officer John Watson will step down, according to The Wall Street Journal.The post Chevron CEO John Watson to step down: Report appeared first on NASDAQ.
The post Chevron CEO John Watson to step down: Report appeared first on For…
From analysts at Credit Agricole
Credit Agricole CIB FX Strategy Research notes that the USD has
rebounded from the lows, particularly against the low-yielders such as
the JPY and CHF, but argues that there is little to suggest we are on the cus…
The post Little to suggest this is the turn for the US dollar – Credit Agricole appeared first on Forex news forex trade.
We’ll preface this post by saying we have never heard of the Alternative Money Fund – which “Specializes in Returning Freedom and Value” – and very well may never hear of it again, however it is notable for two things: i) it is a “hedge fund” invested …
The Trump administration has declined to pursue an order coal executives sought from the president this summer.The post A coal country dispute over an alleged Trump promise unmet appeared first on NASDAQ.
The post A coal country dispute over an alleged…
There is a lot of hype ahead of the Jackson Hole Symposium. Will Draghi hint about QE or talk down the euro? What does Janet Yellen have in store for us? Here is the outlook from ING: Here is their view, courtesy of eFXnews: ING FX Strategy Research notes that given the Jackson Hole line-up, […]
The post EUR/USD: ‘Buy The Rumor, Sell The Fact’ Into Jackson Hole – ING appeared first on Forex Crunch.
The post EUR/USD: ‘Buy The Rumor, Sell The Fact’ Into Jackson Hole – ING appeared first on Forex news forex trade.
A default at Venezuela oil giant PDVSA or sanctions on Iran’s energy sector could jolt crude prices, Helima Croft said.
The post Two October surprises could boost oil prices above $50 appeared first on NASDAQ.
The post Two October surprises could boost oil prices above $50 appeared first on Forex news forex trade.
The pair trades at the highest level since 2009 but the trend line stalls the gains
The EURGBP is trading at the highest level since October 2009. On Friday, the price moved above the 2016 high at 0.9144. Yesterday it closed above that high and traded …
The post Forex technical analysis: EURGBP finds sellers against topside trend line appeared first on Forex news forex trade.