Next week brings the Jackson Hole Economic Symposium, and appearances by Fed Chair Janet Yellen and ECB President Mario Draghi will be widely-watched for clues around the bank’s near-term stance towards monetary policy. The post Will the Dollar, Euro F…
108.68 was last Friday’s spike low
USD/JPY is the chart of the day today and the big question is whether it can hold the August low.
The low of 108.68 last week also corresponds closely with the June low of 108.69 so that makes it doubly important.
CPI rose 1.2% year-over-year
USD/CAD fell more than 70 pips to 1.2572 in the aftermath of the July CPI number. The data wasn’t particularly strong so the drop underscores the bias to sell the pair and to sell the US dollar more broadly.
The post USD/CA…
The Danish Straits and Turkish Straits, together transited by a combined volume of more than 5 million barrels per day (b/d) in 2016, are important chokepoints for Europe’s crude oil and petroleum liquids supply. Nearly 59 million b/d of global petroleum and other liquids production moved on maritime routes in 2015.
The post The Danish and Turkish Straits are critical to Europe’s crude oil and petroleum trade appeared first on bestforexmoney.info.
The post The Danish and Turkish Straits are critical to Europe’s crude oil and petroleum trade appeared first on Forex news forex trade.
Bad news for sports teams, movie studios and hotels hoping for a big Chinese cash injection: Beijing is tightening the money spigot.The post China clamps down on buying spree in sports, movies and hotels appeared first on NASDAQ.
The post China clamps …
Certainly, next week will raise the bar in terms of expectations for market-moving commentary from policymakers, with the Federal Reserve’s Economic Policy Symposium set to take place from August 24 to 26.
The post US Dollar Riding August Uptrend as R…
Could today be such a day? I have been monitoring the US indices for quite some time now. I am in no way trying to pick a top, but sometimes it is just great to share your observations. Correct me if I am wrong, but US indices look exhausted. I have been recently looking at […]
The post Quiet Times for Markets Tend to End With Big Drops appeared first on Forex Crunch.
The post Quiet Times for Markets Tend to End With Big Drops appeared first on Forex news – Binary options.