Articles by Greg Michalowski

Nasdaq leads the way
The US major indices are all ending in the black and that means that they are all closing at record high levels.
Some merger news dominated:
The post US stocks end the session with gains. Another record day for major indices appear…

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Break below will have traders looking back toward 0.9938.
The USDCHF has drifted lower and tests the 200 hour MA at 0.9976. A move below (and staying below) will have traders looking toward the 0.9938 area, where there are a number of swing levels.&nbs…

The post Forex technical analysis: USDCHF tests 200 hour MA appeared first on Forex news forex trade.

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Spoke with reporters on Friday conference call
He says:
Current Fed chair Yellen has said that “THe FOMC is not actively considering these additional tools and policy frameworks, although they are important subjects for research”
The post SF …

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Speaking in New York
– Says newly nominated Fed Chair Powell will do just fine
– US economy is on a much more even keel
– He’s a big fan of Jay Powell and Randy Quarles; Really high quality people

The post Fed’s Dudley answers audience questions appeared first on Forex news forex trade.

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Saudi prince announces anti corruption crackdown. Desire for higher prices of oil
The weekend news that Saudi crown Prince Mohammed bin Salman had a anti-corruption crackdown and expectations of tighter supplies has helped to push the price of crude oi…

The post Crude oil futures moves to highest level since July 2015. Up 2.14% now appeared first on Forex news forex trade.

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Highest since January 2016
The USDCAD dipped (higher CAD) on the news but only about 8 pips (from 1.2776 to 1.2768). The price is currently trading at 1.2772. The survey can have it’s share of ups and downs, but the rise and good news. Employment in Ca…

The post Canada Ivey PMI 63.8 vs 59.6 last month appeared first on Forex news forex trade.

The post Canada Ivey PMI 63.8 vs 59.6 last month appeared first on fastforexprofit.com, الفوركس بالنسبة لك.

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