BEIJING (AP) — World stocks rose Friday as upbeat comments by Chinese President Xi Jinping helped quell anxiety over the state of trade talks with the U.S.
AUD remains under pressure as USDCHN keeps moving away from the low while HSI seems under pressure.
BEIJING (AP) — Stocks logged modest gains Friday in Asia after a lackluster overnight session on Wall Street ended with the market’s third straight drop.
CRUDE OIL the pair looks to strengthen further in the days ahead as it built on its Wednesday gain on Thursday.
The South China Morning Post reported that U.S. tariffs on Chinese imports that are scheduled for December 15 could be delayed even if a trade agreement was not signed by then.
Price downtrend negated and the bulls have gained momentum and working on fledling uptrend.
Bloomberg, Reuters and WSJ all out with positive sounding pieces. SCMP article now being debated, with broad USD buying returning into NY open. Hawkish ECB Minutes briefly lift EURUSD. Trend-line...
Financials: Dec. Bonds are currently 15 lower at 159’27, 10 Yr .Notes 0’06.5 lower 128’18.0 and 5 Yr. Notes 0’03.75 lower at 118’24..75. Bonds rallied [...]
BEIJING (AP) — World shares dropped Thursday as anxiety mounted over the possibility the U.S. and China may not reach a trade deal before next year.
EURUSD looks to have ended a big, bearish cycle down from 1.256 area, with an Elliott wave ending diagonal in the final piece of a bigger wave A impulse.
The GBPAUD edged 50 pips higher yesterday, continuing the upchannel (on the 4h chart). Significantly, the GBPAUD has just retested the 2019 high Tuesday, and after another day or so of healthy consolidation,...
BEIJING (AP) — Shares skidded Thursday in Asia after moderate declines on Wall Street as anxious mounted over the possibility the U.S. and China may not reach a trade deal before next year.
The meeting's minutes may offer clues about the direction of future policy.
Based on the early price action and the current price at 1.1056, the direction of the EUR/USD on Wednesday is likely to be determined by trader reaction to the long-term uptrending Gann angle at 1.1059....
Trump threatens higher tariffs if China deal isnt reached. Senate confirms Hong Kong Human Rights Bill. China angrily vows forceful measures. Markets go mildly risk-off, with USDCNH leading USD strength....
If EURUSD finished a five-wave rise from the lows, then USD Index may have also a completed five waves of decline from the highs, which means that we should be aware of very weak USD in case if that...
BEIJING (AP) — Global shares declined Wednesday after the U.S. Senate passed a resolution supporting human rights in Hong Kong following months of increasingly violent protests.
BEIJING (AP) — Shares retreated in Asia on Wednesday after Japan reported its worst monthly decline in exports in three years, putting pressure on the economy as growth slows following a sales tax hike....
The spread has historically profited 13 of the last 15 years
NZDUSD the pair closed further higher on Monday leaving risk of more strength in the days ahead.