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Eurusd moves below a key floor. old floor is now the ceiling.
The EURUSD closed near a floor level on the daily chart near 1.0750. In trading today, that level was breached with momentum. What was once the floor ...
May 25, 2023, 12:58 pm
Mccarthy to hold press conference at 11:45 am et
House Majority Leader Kevin McCarthy is to hold a press conference at 11:45 AM ET. I don't think he Is looking to announce a deal but will use the opp...
May 24, 2023, 2:51 pm
Usdjpy buyers in control. watch to understand why and what would hurt that bias today
The buyers are holding support on the hourly and daily chart with work to do. What would keep that bias in the favor of the USDJPY? What are the targe...
May 24, 2023, 1:51 pm
Us stocks set to open lower
The Dow industrial average is set to open lower for the 4th consecutive day while the S&P and NASDAQ are adding to their declines from yesterday's tra...
May 24, 2023, 1:28 pm
Usdjpy makes new highs for the year, but momentum slows
The USDJPY moved to a new high going back to November 2022 in trading today, but could not maintain momentum. The price is rotated back to the downsid...
May 23, 2023, 1:39 pm
Eurusd stretches toward the low from last week and away from 100 day ma. what next?
The EURUSD is stretching toward the low from last week and in the process of moving toward the low from last week. A move below that level and the 1.0...
May 23, 2023, 1:08 pm
Gop graves on debt talks: gop and white house are still far apart on debt ceiling deal
GOP debt ceiling negotiator Graves says:White House and the GOP are still far apart on debt ceiling dealNegotiations will continue today starting at 1...
May 23, 2023, 1:06 pm
Philadelphia fed nonmanufacturing index for may -16.0 versus -22.8 in april
Prior month -22.8Philadelphia Fed nonmanufacturing Index -16.0 versus -22.8 last monthfirm level business activity index -9.5 versus -16.2 in Aprilnew...
May 23, 2023, 12:33 pm
Wti crude oil futures settles at $71.99
The price of WTI crude oil futures are settling up $0.41 or 0.54% at $71.99. The high price reached $72.53. The low price extended to $70.67. This art...
May 22, 2023, 6:48 pm
Ecb de cos: ecb has still some way to go to tighen monetary policy
ECB's de Cos is on the wires saying:ECB still has some way to go to tight monetary policyInterest rates will have to remain in restrictive territory f...
May 22, 2023, 5:33 pm
House republican mchenry: there is still not an agreement on major items
The meetings with the GOP negotiators on debt limit has finished:GOP McHenry says there is still not in agreement on major itemsDoes not think there i...
May 22, 2023, 4:40 pm
Fed's barkin speaking but not on monetary policy/econony
Fed's Barking does not comment on Fed policy or the economy. He says:If Congress did authorize a central-bank digital currency, the Fed would have to ...
May 22, 2023, 3:56 pm
Fed's daly: prudent to refrain from commenting on fed policy action
San Francisco Fed Pres. Mary Daly comments:Prudent to refrain from commenting on Fed policy actionDeclined to say what Fed should do at June meetingWa...
May 22, 2023, 3:17 pm
Mccarthy not positive above debt limit negotiations
Punchbowls Jake Sherman is tweeting: This article was written by Greg michalowski at www.forexlive.com....
May 22, 2023, 2:24 pm
Major us indices are little changed in early monday trading
The major stock indices are mixed/little changed in early US trading:Dow Industrial Average is down -7.0 points are -0.02% at 33419S&P index is up 4.2...
May 22, 2023, 1:35 pm
Ecbs lagarde: we should not trade-off price stability and financial stability
ECB's Lagarde is speaking and says:ECB will do what is necessary to deliver price stabilityWe should not trade-off price stability and financial stabi...
May 19, 2023, 7:55 pm
Jake sherman: nothing to report from washington
Jake Sherman from PunchBowl news is out with a tweet, saying there is nothing to report from Washington. This article was written by Greg ...
May 19, 2023, 6:45 pm
House majority leader mccarthy: yesterday i really felt we had a path to an agreement
We can't be spending more money next yearYesterday I felt we were at the location where I could see the pathAsked about debt ceiling talks pause says ...
May 19, 2023, 4:36 pm
Ecb schnabel: ecb can continue to do whatever needed to bring inflation back to 2% target
ECB can continue to do whatever is needed to bring inflation back to 2% target in a timely mannerhas a clear mandate of price stabilityfinancial stabi...
May 19, 2023, 3:04 pm
Watch fed powell live.
There are no prepared remarks from Fed Chair Powell.Dow is up 87 pointS&P is up 10 pointsNASDAQ is up 1 point2 year yield 4.32%10 year 3.69% This arti...
May 19, 2023, 3:02 pm
