Forex News

  • Pres. Trump speaking at the White House
    on November 24, 2020 at 5:33 pm

    Speaking at the White House A brief announcement from the Pres. on the Dow breaking above 30,000 level.  Then leaves without taking any questions.  

  • Fed's Williams: Fed has taken an approach that will adjust naturally
    on November 24, 2020 at 5:06 pm

    Fed's Williams speaking at a WSJ conference NY Fed Pres and vice chairman of the Fed Williams is speaking on a panel at the Wall Street Journal:

  • Stock markets are sizzling
    on November 24, 2020 at 4:28 pm

    Slow burn in US stocks The Dow Jones Industrial Average just hit 30,000 for the first time in a 408 point rally today, led by Boeing. The percentage gain of 1.4% in the S&P 500 is equal as it has gained 50 points to 3627. It's now flirting with the November closing high and within striking distance

  • Cable turns higher ahead of the London fix
    on November 24, 2020 at 3:54 pm

    Bid emerges as US dollar softens The 4 pm London fix is a few minutes away and cable is rallying into it. GBP/USD is now up 31 pips to 1.3352. That's 70 pips from the European sessions lows with most of it coming in the past 30 minutes.

  • EUR/USD: Likely to spend 2021 in a 1.20-1.30 range - SocGen
    on November 24, 2020 at 3:39 pm

    EUR/USD up 24 pips to 1.1865 Societe Generale discusses its outlook for EUR/USD for the coming year.  "," SocGen notes.  " - though fair value for EUR/USD will be predicated on the dollar losing ground against a lot more currencies than just the euro, and may have to wait for a broad-based rally in EMFX, which isn't something

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