One year since Trump was elected president
Trump has been President for a year, and love him or hate him, the stock market has been on fire.
How did Trumps Dow return of 28% stack up historically?
The post What President had the biggest fir…
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Will also cause US debt to rise more than current projections.
The GOP bill – including a recent amendment for additional debt service payments due to the bill – would increase the US deficit by $1.7T over 10 years according the the Congressional Budge…
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Dow closed at record level yesterday. S&P and Nasdaq were lower.
The major US indices are starting the day with modest declines.
It has been a year since Trump took office and the stock markets have thrived.
The post US stocks opening a bit l…
Can the sellers keep the pressure on the USDJPY
Over the last 13 trading days, the USDJPY has traded mostly between 113.51-58 on the downside and 114.39-44 on the topside. Yes, there has been breaks. On the downside (see red area), there have been 3 br…
The post Forex technical analysis: USDJPY tries to push the downside. appeared first on Forex news forex trade.
Snapshot of the strongest and weakest as NA traders enter for the day
As the North American traders enter for the day, the JPY is the strongest currency of the majors, while the GBP is weakest. The USD is up against the GBP, but lower…
The post The strongest currency is the JPY. The GBP is the weakest as NA trader enter for the day. appeared first on Forex news forex trade.
Receiving award for ethics in Washington DC
Chairman Janet Yellen is receiving the Paul H. Douglas Award for Ethics in Government in Washington DC. In her acceptance speech, there is no mention of monetary policy.
The post Fed’s Yellen: No …
Press conference with Bank of Canada’s Poloz
The post More BOC Poloz: No evidence of any de-anchoring of consumer expectations of inflation appeared first on Forex news forex trade.
Fell below MA line last Friday
On Friday, November 3rd, the Canada employment report came out better than expected.
That helped to pushed the USDCAD below the 200 hour MA. The fall ultimately bottomed just ahead of the 100 bar MA on the 4-hour chart to…
The post Forex technical analysis: USDCAD returns to 200 hour MA. Finds sellers. appeared first on Forex news forex trade.
Comments after Montréal’s speech
Comments from BOC Poloz:
The post Bank of Canada Poloz: Trend line for potential output for Canada about 1.5% long-term appeared first on Forex news forex trade.
Crude oil is trading near unchanged levels at $57.33
The 2017 world outlook report from OPEC will be released at the bottom of the hour. Crude oil futures are trading near unchanged levels of $57.33. Brent Crude oil is trading at $64.09 dow…
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