Tuesday, September 29, 2020

Americas Wrap


Economic calendar due from Asia today (fight club begins at 0100GMT)

The first US election debate between Trump and Biden begins at 9pm NY time, which is 0100GMT. Apart from that, its a packed agenda. 2145 GMT New Zealand Building Permits for... Read full article


EURJPY runs higher in trading today

Up, up and up... The EURJPY has moved up from the start today and just kept stretching higher and higher and higher. The price has extended more recently above the 38.2 at 123.93 and moved up to test a topside channel trend line at 124.15. A move above that level will next target a swing area between... Read full article


Fed's Williams: Outlook will be somewhat weaker without more fiscal support

Another round of comments from the NY Fed President I wonder if the Fed is really prepared to take any action on market structure or regulation, especially if/when they find that a big part of the problem is FOMC policy.... Read full article


White House to counter offer Democrats a $1.5-1.6T stimulus bill - report

Fox Business report The House Democrats have offered a $2.2T bill and now the White House is pushing back with a package worth $1.5-1.6 trillion, according to Fox.... Read full article


The USDCHF traders did the right thing to keep the sellers in control

Initial hold of the 200 hour MA, led to a correction to the swing area The USDCHF traders did the right thing to keep the sellers in control.... Read full article

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