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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

The GBP is the strongest and the NZD is the weakest as NA traders enter for the day

The USD is mostly stronger As North American traders enter for the day, the GBP is the strongest and the NZD is the weakest.  The warning by Apple is weighing on the markets as coronavirus fears weigh on the NZD and AUD. In the UK the employment data was better than expectations and is helping the
Feb 18, 2020 Read more

ForexLive European FX news wrap: Risk-off tilt stays the course after Apple warning

Forex news from the European morning session - 18 February 2020 Headlines: Markets: - GBP leads, NZD lags on the day - European equities lower; E-minis down 0.4%
Feb 18, 2020 Read more

Walmart adds to Apple woes ahead of Wall Street open today

Walmart Q4 earnings disappoint Overall, that is a poor report and will add to the drag from from overnight as this will raise concerns about the health of the US consumer in general.
Feb 18, 2020 Read more

China president Xi: China still able to meet 2020 economic target despite virus impact

Comments by China president Xi Jinping, via state media - Coronavirus impact on Chinese economy is temporary ForexLive It has become a daily message now by either Xi or Chinese premier Li Keqiang to try and exert some calm back into the country as they continue to do battle against the virus.
Feb 18, 2020 Read more

NZD/USD falls back below 0.64 as kiwi stays pressured by the softer risk mood

NZD/USD is taking a peek back under 0.6400 in drop to session lows ForexLive The post-RBNZ bounce is proving to be short-lived and with price being unable to take out key technical levels on the rebound last week, the kiwi is staying pressured as we see more pessimistic risk sentiment in trading today.
Feb 18, 2020 Read more

Cable climbs to session high as buyers look to wrestle some near-term control

GBP/USD reaches a session high of 1.3024 ForexLive The pound is creeping higher on the session as price now moves past the 100-hour MA (red line) with buyers looking to seize back near-term control of the pair.
Feb 18, 2020 Read more

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