Business contacts are telling that May is looming as a month where liquidity problems could evolve into solvency problems, Atlanta Fed President Rapha
Blogs
AUD/USD rebounds toward mid-0.63s ahead of key Australia data
After breaking below the 0.6400 handle during the European trading hours, the AUD/USD pair extended its daily slide and fell to a daily low of 0.6285
Tips and Tricks (April 2020) – AOTI and AOTI-EA-Assistant
<p>Hi everyone.</p> <p>I continue to collect the most interesting examples and techniques of trading using the All-in-One Trade Indicator (AOTI) and AOTI-EA-Assistant for it. I also plan to continue doing this in the future when I will have some free time from trading and programming. I hope this will be useful for all of you.<
CDC reports a jump of 2,330 new deaths to 24,582
Total cases rise by 26,385 to 605,390. The CDC is out with their daily coronavirus numbers: It seems there is a catch up in the death toll with the sharp rise today
US small business lending program set to run out of money today – WSJ
One of the all-time great giveaways ends The small business lending program was mis-named. It was a grant and it was one of the greatest giveaways of all time. If not for technical snags, it wouldn't have lasted a week.
NASDAQ moves to a new session high
Still lower on the day but digging into the larger declines The NASDAQ index has moved to a new session high at 8436.64. The overall index is still down -80.14 points or -0.94% on the day. However the low took the price down -2.43%.
Crude oil back above the $20 level
Survives a new 18 year low and record build in inventory The price of WTI crude oil is back above the $20 level and is up on the day. The price it is currently trading at $20.27. That's up $0.16 on the day. The low for the day reached $19.20. That low took out the low from the […]
Fed Beige Book: Activity contracted sharply and abruptly across all regions
Comments in the Fed's Beige Book: This is a terrible report but it doesn't tell us anything we don't know. ForexLive
Copper Futures Maintain Negative Outlook Despite Pullback
<p>Copper futures’ bullish correction from the 45-month low of 1.9684 appears to have lost steam as it approaches the restrictive trend line drawn from the 8½-month peak of 2.8819. Further suggesting that positive momentum is wavering is the RSI that has dipped back below its neutral 50 mark and the stochastic lines, which have reversed [&hel