Month: November 2018

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Forex news for NY trading on November 30, 2018 IN other markets at the end of the trading week: Spot gold fell $2.34 or -0.21% at $1221.76 WTI crude oil futures fell $-.72 or -1.40% at $50.73> The price traded above and below the $50 level this week. For the month prices fell 22%. Ouch. 
CFTC Commitments of Traders: JPY shorts remains the biggest speculative position Coming Up! Title text for next article The weekly forex positioning data in the CFTC Commitments of Traders report for the week ending Tuesday, November 27, 2018: EUR short 55K vs 47K short last week.  Shorts increased
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Well weeks never end with Bitcoin but price is lower today The price of Bitcoin on Coinbase is ending the week on a weak note.  The price on Wednesday and Thursday reached above the 100 (blue line) and 200 hour MA (green line in the chart below). Staying above would be more bullish.  However, the
Down -$0.52 or -1.01% The price of crude oil futures are selling the week at $50.93. That is down $.52 or -1.01%. The high today reached $51.79 The low extended to $49.65. Last week the price closes at $50.42.  The low this week reached $49.41 during yesterday’s trade. The was reached on Wednesday $52.56. Technically,
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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, experience level, and risk tolerance. You could lose some or all of your initial investment;
Forex news from the European morning session – 30 November 2018 Headlines: Markets: NZD leads, GBP lags on the day European equities mostly lower; E-minis down 0.5% US 10-year yields down 1.8 bps to 3.011% Gold down 0.16% to $1,222.28 WTI down 1.61% to $50.62 Bitcoin down 4.94% to $3,976 Markets began the session with
Forex and Bitcoin news for Asia trading Friday 30 November 2018 Awaiting the Xi – Trump weekend meeting kept a lid on market activity here during the Asian timezone today. We got a decent flow of data, from Japan most notably, but little fresh market-impactful news. From Japan: Tokyo area CPI (core-core CPI at 06%
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Major indices are now positive The major stock indices have turned positive after the FOMC meeting minutes. The S&P is up 4.33 points or 0.15% at 2747.92 The NASDAQ is a 14.7 points or 0.2% 7306 The Dow industrial average is up 49 points or 0.11% 25415 for the NASDAQ index the price after trading
Minutes of the November 8 FOMC meeting Almost all policy makers say rate hike warranted ‘fairly soon’ Discussed modifying language on ‘further gradual’ hikes A few policymakers expressed concerns about timing of hikes Many said it might be appropriate at some upcoming meetings to begin putting greater emphasis on evaluating incoming data Debated long-run framework
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, experience level, and risk tolerance. You could lose some or all of your initial investment;