Subscribe To
Nasdaq moves into positive territory. tests 2023 highs.
The NASDAQ index has pushed into positive territory and trades at new session highs. The index is up 18.13 points or 0.15% at 12253.63. That takes the...
May 8, 2023, 5:44 pm
President biden to meet with congressional leaders on tuesday at 4 pm
A scheduled meeting between Pres. Biden congressional leaders from both parties will take place tomorrow (Tuesday) at 4 PM. Gen. Jan over the weekend ...
May 8, 2023, 3:42 pm
Cnbc: white house is considering the possibility of a shorter-term debt ceiling extension
CNBC Washington correspondent Kayla Tausche is reporting:The White House is weighing the possibility of a shorter-term debt ceiling extension to avert...
May 5, 2023, 3:22 pm
Usdjpy moves up to the 200 hour ma.. and stops
The USDJPY has moved higher after the US jobs reports, but found willing sellers near the broken 38.2% of the April to May trading range. The rise als...
May 5, 2023, 1:33 pm
Canada april employment 41.4k versus 20.0k estimate
Prior month 34.7KEmployment gain for April 41.4K vs 20.0K estimateunemployment rate 5.0% versus 5.1% expectedFull-time employment -6.2K versus 18.8 K ...
May 5, 2023, 12:30 pm
Markets reacting to the central banks and regional bank concerns
The ECB matched the Fed hike of 25 basis points today. Yesterday the USD fell. Today the EUR fell after the hikes. Go figure. Concerns about banking i...
May 4, 2023, 1:15 pm
The rba surprises with a 25 bp hike. what next for the audusd?
AllThe Reserve Bank of Australia increase rates by 25 basis points in a surprise move and that sent the AUDUSD sharply to the upside. What next for th...
May 2, 2023, 1:01 pm
Us sen. manchin: us will not default on us debt
As the debt ceiling timeline clicks away, US Sen. Manchin is saying that US will not default on US debt. He also says:He is willing to repeal parts of...
May 1, 2023, 7:14 pm
S&p 500 trades the highest level since february 3. looks toward the 2023 hi at 4195.44.
In what is a quiet day, the S&P 500 did extend above the February 3 high at 4182.36. The February 2 high for the year is the next key target at 4195.4...
May 1, 2023, 3:20 pm
Usdjpy extends above its 200 day moving average
The USDJPY is moved above its 200 day moving average at 137.00 and above a swing area between 136.91 and 137.095 after higher prices (53.2 versus 49.0...
May 1, 2023, 2:27 pm
Wsj timorous: focus will be on what the fed says when they meet
Focus will be on the statementHow much do they guide or not on a June rate increaseThey don't want to lock themselves on calling a pauseInflation is s...
May 1, 2023, 12:51 pm
U.s. treasury to auction off a $43 billion of five-year notes at the top of the hour
The US treasury auction off a fire note at the top of the hour. The six-month averages of the major components shows:Bid to cover 2.49XDirects (a meas...
April 26, 2023, 4:44 pm
Major us indices close with sharp declines
The major US stock indices are closing with sharp declines. The NASDAQ index leads the way with a decline of -1.98%. Both the Dow and S&P also fell sh...
April 25, 2023, 8:21 pm
The usd is stronger and retraces the declines from yesterday. what are the chart saying?
The USD is stronger today retracing some of the declines from yesterday's trading. What are the charts saying? In this video, Greg ...
April 25, 2023, 1:10 pm
Ecbs makhlouf: it is too early to plan for a pause in our tightening of policy
On the evidence so far, it is too early to start planning for a pause in our tightening of policy.We will be especially focused on incoming data at ou...
April 24, 2023, 4:16 pm
Set yourself up for the new trading week by understanding the key levels in play
A number of major currency pairs vs the USD had very low ranges in trading last week. The non-trending nature of the price action will have traders an...
April 23, 2023, 4:55 pm
Gbpjpy moves toward 100 hour ma.
The GBPJPY has been correcting lower and is approaching the rising 100 hour MA at 166.738. Just below that level is the rising trend line.Of note tech...
April 20, 2023, 5:56 pm
More from mester: fed has come a long way in tightening monetary policy
The Fed has come a long way in tightening monetary policyActive tool of monetary policy is interest rates, not the balance sheetFed will act to shore ...
April 20, 2023, 4:53 pm
Fed's waller answering questions
Fed's Waller is answering some questions, but so far he is sticking away from the economy/monetary policy:Stable coins will give fed a broader reach i...
April 20, 2023, 4:42 pm
Fed's mester: inflation is still too high. fed has more work to do
Inflation is still highFed Bank has more work to doFederal need to hike policy rate to over 5% and hold there for a whileFed is much closer to the end...
April 20, 2023, 4:21 pm
