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New Zealand GDT price index -2.9%

The latest daily auction results ForexLive
Feb 18, 2020 Read more

Wal Mart offers a tepid verdict on the US consumer

Shares higher anyway Shares of Wal-Mart are slightly higher today despite a weak holiday quarter and poor guidance that doesn't yet include any coronavirus impact.
Feb 18, 2020 Read more

US major stock indices open lower but off lowest pre-market levels

Fears about coronavirus  The US major stock indices are opening lower, but off the lowest premarket levels. A snapshot of the major indices a few minutes into the opening are showing:
Feb 18, 2020 Read more

USDJPY keeps the up and down waffling going

Moving back above the 100/200 hour MA In between the 2 levels is the 100 and 200 hour moving averages which are now near converged at 109.828. The price today started near those moving averages, moved lower but could not get below the swing low from last Thursday at 109.612. The price has just moved back above the 100/200 hour
Feb 18, 2020 Read more

Audio recap: Gloomy return for North American markets

What's the story in markets today US markets return from the long holiday weekend having to contend with a downturn in risk sentiment. The Euro and Aussie have been under pressure on Tuesday, while the Pound is showing just how resilient it can be.
Feb 18, 2020 Read more

The GBPUSD moves higher and above the 200 bar MA on the 4-hour but backs off

200 bar MA on the 4-hour comes in at 1.30409 The GBPUSD has moved higher in trading today helped by decent jobs data. The price rise did take the price above the 200 bar MA on the 4-hour chart at 1.30409, but the price has since backed off. We currently trade at 1.3025 area.  
Feb 18, 2020 Read more

Gold climbs $10 and is now just below the February high

Gold fractionally below the Feb 3 high The February high was $1592.11 and we're less than a dollar away as fresh bid has arrived in the last hour along with New York traders.
Feb 18, 2020 Read more

US February Empire Fed +12.9 vs +5.0 expected

Highlights of the Empire State Fed manufacturing index ForexLive
Feb 18, 2020 Read more

Canada manufacturing sales for December -0.7%% versus 0.7% estimate

Canada manufacturing sales for the month of December Canada manufacturing sales came in much weaker than expected at -0.7% versus +0.7% estimate. Moreover, ForexLive
Feb 18, 2020 Read more

EURUSD dips into the gap

Mind the gap.  EURUSD gap from April 2017 is from 1.07768 to 1.0820 The EURUSD has dipped into the long standing gap that does back to mid-April 2017. That gap is from 1.07768 to 1.0820. The price is currently at 1.0813. The low reached 1.0810 so far today.  
Feb 18, 2020 Read more

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