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GBP - UK Chancellor Sunak considering delaying his Autumn budget

Ready to postpone his plans for public spending until after the cov1 COVID-19 crisis passes Report via the FT
Aug 11, 2020 Read more

Trade ideas thread - 12 August 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:
Aug 11, 2020 Read more

Private oil survey data shows a draw a little more than expected (in crude oil inventory)

The US government data will follow on Wednesday morning (US time)  Numbers via Zero Hedge:
Aug 11, 2020 Read more

Joe Biden picks an escapee from Montreal as his running mate

Kamala Harris was raised in Montreal from 12-18. Congratulations to California Senator Kamala Harris and best of luck in November!
Aug 11, 2020 Read more

Economic calendar due from Asia today - RBNZ day!

RBNZ policy decision and news conference due 0200GMT 2245 GMT New Zealand migration figures for June 2352 GMT Japan money stock for July 0030 GMT Australia Westpac monthly consumer confidence, for August -  
Aug 11, 2020 Read more

Dollar moves higher and tests some technical targets

A look at USDJPY, EURUSD, GBPUSD The dollar has moved higher and in the process is testing some technical target in the major currency pairs. EURUSD: The EURUSD is cracking below the 1.17399 level (swing level) and will now look toward the swing area at 1.1713 to 1.1720. The lows today stalled against the high of that extreme
Aug 11, 2020 Read more

The coronavirus blame game is a powerful dynamic

What we're learning from New Zealand and college football The politics of COVID-19 are a moving target but the dynamic to me is increasingly clear: That has massive implications for the way forward.
Aug 11, 2020 Read more

Sentiment is barely hanging on here

Sloppy day Tech stocks are dragging down broader indexes. The S&P 500 is up 7 points on the day at 3367 after rising as high as 3381. It's the time of day when you can see the wheels come off, especially since the S&P 500 has risen in 7 straight days.
Aug 11, 2020 Read more

Gold cracks back below 2011 high at $2021. Run lower continues

Stops being triggered The price of gold has moved back below the 1921.17 which was the old all time high gong back to 2011. That level was broken on July 27th and has stayed above since July 29th.  The low price has reached down to $1910.11.  
Aug 11, 2020 Read more

Another oil rally fails as crude stumbles lower

Crude can't seem to break out I've been watching the July high of $42.40 as the make-or-break line for crude for a week. It has now broke above three times but failed to close above it.
Aug 11, 2020 Read more

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