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Forex news for Asia trading Thursday 21 March 2019 The session got off to a start with UK PM May speaking, very briefly, and adding nothing we didn’t already know. Since her speech cable ticked steadily higher to above 1.3220 and is just under there as I post as we await the next round of
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;
Everything you need to know about trading before, during, and after an election Trading an election can be a very profitable pursuit for the informed trader. Unsurprisingly, political elections are eagerly followed by market participants as they try to position themselves as early as possible for any shifts that may be ahead. To the uninformed
Kuroda continues to touch on China in his recent commentary Weakness is spreading in China’s real economy Will be watching China’s economy carefully Expect China’s growth to be stable more or less Says that BOJ can be considered to be dovish Will continue persistent monetary easing Will mull more easing if price momentum is lost
Forex news for Asia trading Wednesday 20 March 2019   The big event ahead is the FOMC announcement, due at 1800GMT: A higher USD underlay currency moves today, the dollar up nearly across the board. USD/JPY was a notable gainer (relatively speaking), up above 111.50 to highs circa 111.69.  AUD/USD, NZD/USD both fell. The AUD move
FedEx misses on top and bottom after the close The US stocks are ending tghe session mixed.  The Dow and S&P ending the session lower (marginally). The Nasdaq ended higher (also marginally). All were well off the highs The S&P was nearly unchanged (down -0.37 points or -0.01%) at 2832.57. THe high reached 2852.42. The
Canadian budget projections Sees this year’s deficit at $14.9B compared to $18.1B prior 2020 budget at $19.8B vs $19.6B prior Each year includes a $3B contingency Assumes 1.8% growth in GDP in 2019 Assumes 1.6% GDP growth in 2020 Canada uses the average of private sector forecasts for its budget forecasts, not its own forecasts.
Forex news from the European morning session – 19 March 2019 Headlines: Markets: CAD leads, AUD lags on the day European equities higher; E-minis up 0.2% US 10-year yields flat at 2.603% Gold up 0.4% to $1,308.27 WTI up 0.6% to $59.47 Bitcoin down 0.2% to $3,964 It was a session bereft of major headlines
Forex news for Asia trading Tuesday 19 March 2019 USD/JPY dripped lower during the session here as I update without much in the way of headline catalysts. The Nikkie was heavy, and cited also were stop losses hit for longs (ie. resulting in selling) but apart from that, not much. There was some chatter of
Reserve Bank of Australia March 2019 monetary policy meeting minutes  Headlines via Reuters: board noted “significant uncertainties” on the economic outlook saw scenarios where might be appropriate to eventually raise rates, or cut rates scenarios more evenly balanced than they had been last year board agreed no strong case for near-term move in rates awaiting
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;