Futures Trading Education
A full Senate vote to ratify the deal struck a last evening to re-open the US government took place overnight and passed, but does nothing more than kick the can two weeks down the road (until February 8). Avoiding a repetition of the last few days is contingent on a...
Futures Trading Education
The US Senate on Friday failed to muster the 60 votes necessary to pass a stop-gap funding measure that would have averted the partial government shutdown that instead went into effect at one minute past midnight on Friday. It was not just Democrat opposition that...
Futures Trading Education
Focus is currently on Washington where a US Government shutdown deadline looms this weekend unless a stopgap Funding Bill is agreed. That has not perturbed US equities, which remain near their recent record high, but US Dollar Indices show a distinctly lower trend as...
Futures Trading Education
The Bank of Canada delivered on an almost universal expectation for a 25-point rate hike yesterday afternoon. While saying it would adopt a cautious approach to further tightening in order not to choke off growth (and also citing NAFTA as one particular concern) Money...
Futures Trading Education
Euro slippage was initially the main feature after I posted following a Der Spiegel report that the Berlin division of the SPD would reject the vote to form a grand coalition with Merkel’s party. Once investors noted that this division only casts 23 votes out of 600...
Futures Trading Education
After I posted early yesterday morning we have seen the broader BBDXY Dollar Index join the narrow DXY by pushing (just) through its 2017 lows on a closing basis, to its weakest since the start of 2015. The US Martin Luther King holiday has evidently proved not to be...
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