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Australian dollar marked up following the strong employment report

Australian dollar marked up following the strong employment report

Data post is here, a good solid report following yesterday’s wages info:Australia (December) Employment Change: +64.8K (vs. expected 30.0K) in t...
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GBPJPY has up and down day, but stays below overhead MA on the hourly chart

GBPJPY has up and down day, but stays below overhead MA on the hourly chart

GBPJPY stalls against its 100 hour moving average The GBOJPY pair has been moving up and down in trading today. On the downside, the low did take out...
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Stocks rotate back to the downside

Stocks rotate back to the downside

The Dow and S&P are trading at session lows. With the declines, the S&P is now more comfortably below its 100 day moving average of 4576.85...
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EUR/USD ‘prefect storm’ likely to pass – Credit Agricole

EUR/USD ‘prefect storm’ likely to pass – Credit Agricole

    Credit Agricole CIB Research sees limited scope for further EUR/USD decline in the near-term. “The EUR has emerged as one of the worst p...
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Beijing records 5 new local covid infections. Mass disinfection of mail begins

Beijing records 5 new local covid infections. Mass disinfection of mail begins

A bit of hysteria is setting into Beijing after officials said covid may have arrived in the mail. Couriers have been ordered to disinfect mail and pe...
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GBPUSD retraces back up toward 200 hour moving average

GBPUSD retraces back up toward 200 hour moving average

GBPUSD testing at the 200 hour moving average The GBPUSD has fallen for three consecutive days, but is seeing buying today. The move to the upside tod...
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Dip buyers start to stand their ground

Dip buyers start to stand their ground

S&P 500 futures -0.1%Nasdaq futures flatDow futures -0.1%Here we go. Just when you thought equities look doomed, dip buyers are showing up in a b...
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ForexLive Asia FX news wrap: Oil prices up on pipeline shut down

ForexLive Asia FX news wrap: Oil prices up on pipeline shut down

Australian December jobs data is due Thursday 19 January 2022 ANZ forecast RBNZ cash rate to peak at 3% (prior forecast 2%) US Commerce Secretary Raim...
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Oil futures higher again – pipeline shutdown (Iraq – Turkey)

Oil futures higher again – pipeline shutdown (Iraq – Turkey)

The line carries more than 100,000 bbls / day to a port in the Meditteranean Sea.  An explosion and fire (likely due to a terrorist attack) has halte...
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AUDUSD chops at lower levels into the close

AUDUSD chops at lower levels into the close

AUDUSD on the hourly chart The AUSUSD in the Asian session based against a swing area (see green numbered circle 8) and moved higher into another sw...
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