Blogs

Volatile markets heavily drive sentiment What a few weeks we have had in the market in the recently. The human cost to the current coronavirus crisis is mounting and fresh deaths are sadly being reported day by day. Adam was well ahead of the curve of almost everyone when he flagged this concern to ForexLive […]

Forex news for New York trading-from-home for March 20, 2020: – Fed adds further swap line operations with 4 other central banks – Initial jobless claims 281K vs 220k estimate Markets:

Order runs until April 7 Nearly 13 million Americans live in Illinois. They join New York and New Jersey with de facto lockdowns. Many other states (all states?) have taken at least some steps to close down the economy and enforce social distancing.

When you have -10% days, a fall of -4.35% doesn't sound that bad The US stocks plunged once again today with the declines led by the Dow.  Although sharply lower, a fall of over 4% does not sound so bad when we've endured -10% moves of late.  What we know is the numbers are not […]

Forex futures positioning data for the week ending March 17, 2020 Highlights: – JPY longs are at testing the high long level from 2019. That level is the largest long gonig back to November 2016 ForexLive

The wheels coming off here The S&P 500 is down 4.5% to a session low. The market tried to spark the kind of squeeze we saw last Friday but the bears are winning out.

US stocks fall to the lows of the day The S&P 500 is down 3.8% to the lows of the day. There's still a bit of breathing room before yesterday's lows but it can all fall apart in a hurry. Or it can reverse like it did last Friday, leading to Trump's signature moment.

Below lower trend line on the weekly As the clock ticks to the close, the EURUSD is going out at the lowest level since the week of April 16, 2017.  The dollar has beeen king this week, and that is the case with the EURUSD as well. Last Friday, the index closed at around 1.1100. […]

Another cut from Mexico's central bank The peso is battling with the Russian ruble as the worst performing emerging market currency in the world this year: That leaves the central bank in the unenviable position of trying to manage the rise in imported prices and the decline in activity. It's an extremely difficult situation and […

International firm blows up CNBC says Ronin Capital, a prop firm headquartered in Chicago with offices in New York, London, and Hong Kong, is offside with the CME.