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UK PM Boris Johnson speaks with China President Xi - says "I love China" (or did he?)

Chinese state media reports that BJ proclaimed his love for China in his phoine call with Xi, which came just dfays after US Predient Trump threatened BJ over Huawei
Feb 18, 2020 Read more

Trade ideas thread - Wednesday 19 February 2020

Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so: Good work from Mabel at the Brit Awards if you are partying instread of trading (or both?):
Feb 18, 2020 Read more

Forexlive Americas FX news wrap: Gold trades above $1600

Forex news for NY trading on February 18, 2020 The price of gold was the story of the day the financial markets. It rose by over $21 or 1.3% to $1602.38. That with the highest level since January 8 when the price extended up to $1611.42.  The high price today reached $1605.19.
Feb 18, 2020 Read more

Here is what’s on the economic calendar in Asia today – RBNZ Gov speaking

2215 GMT: Reserve Bank of New Zealand Governor Orr will be appearing in front of a committee in parliament to answer question related to the Bank's annual report. Expect pertinent headlines.
Feb 18, 2020 Read more

US stocks end the session with mixed results.

NASDAQ is a record close The major indices all opened sharply lower on the overnight news that Apple earnings and revenues would be lower as a result of the coronavirus.  However, although the S&P and Dow remained in the red, the NASDAQ index eked out a small gain which was also good enough for a new record close.
Feb 18, 2020 Read more

EUR: 5 reasons for the euro's decline - Citi

The euro has fallen in 10 of the past 12 days Citi discusses the key reasons behind EUR's recent decline. "Reasons for EUR's decline - EU less US (hard) data momentum is turning negative; Downward revisions to Chinese and global growth in the face of the COVID-19 outbreak to impact the euro zone more given supply
Feb 18, 2020 Read more

What's on tap for tomorrow's North American session?

FOMC meeting minutes, US PPI, Canada CPI As the market works toward the New York session close, what can we expect from the economic calendar tomorrow? From a speaker perspective:
Feb 18, 2020 Read more

The NASDAQ index erases all the days declines

S&P index and Dow industrial average lag the tech heavy NASDAQ Although Apple still remains down on the day by -1.71%, the tech heavy NASDAQ index has moved into positive territory erasing all of the earlier declines.
Feb 18, 2020 Read more

WTI crude oil settles at $52.05

Down -$0.00  or 0.0% The price of WTI crude oil futures are settling the day at $52.05. That is unchanged on the day. The high for the day reached $52.41. The low extended to $50.88.  
Feb 18, 2020 Read more

It's pardon day at the White House

Trump hands out the get-out-of-jail-free cards Trump has handed out a handful of pardons today including: The first three had long-ago served their sentences so this was mostly a symbolic move but Blagojevich was in jail and was scheduled to serve another four years. He's been in prison since March 2012.
Feb 18, 2020 Read more

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