News

Forex news for North American trade on August 10, 2018 Markets Gold down $1 to $1211 WTI crude up 92-cents to $67.73 S&P 500 down 20 points to 2833 US 10-year yields down 5.2 bps to 2.87% JPY leads, USD lags Turkish lira falls 13.2% We often use dramatic adjectives like ‘drop’, ‘tumble’ and ‘sink’ to
US T-note yield falls 2.3 basis points US 10-year yields are nearing the lowest levels of the month. The dip accelerated after the PPI numbers, which diminish the threat of inflation. USD/JPY has gone down as well since the data, falling to 111.00 from 111.15 in a sleepy day in FX. It’s all about tomorrow’s CPI.
China says new tariffs to go into effect when US tariffs do China will hit an additional $16 billion of US goods with 25% tariffs beginning Aug 23 in retaliation for US tariffs. The Chinese list includes coal, oil, chemicals and some medical equipment. Both nations already have tariffs on $34 billion of goods. The
Buyers look to establish near-term bullish bias ForexLive The dollar remains weak across the board today and from most charts it’s easy to see why. Near-term momentum favouring the dollar has mostly been broken and EUR/USD is no exception to that. Buyers broke the 100-hour MA (red line) in trading yesterday and have continued to
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;
Worries about a Canadian house price bust fade The Canadian housing market is one of those things that doesn’t make much sense. Prices are far beyond incomes and in the big cities price are out of control. Just over a year ago, provincial and federal regulators made efforts to cool the market and for a
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;
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;
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;
European Session ForexLive Good morning/afternoon/evening ForexLive.  Welcome to the start of our European session coverage for this Thursday. We’ve obviously got the Bank of England taking centre stage in terms of live coverage, but I’ve got a slew of charts to share and themes to discuss as the day goes on. Initial themes: BoE Fed