FX Coinbot

The verbatim of Trump's latest comments is another sign the deal is falling apart

20 Nov 2019

Trump spoke in a Q&A at Apple headquarters
Keep in mind that Trump said earlier in his comments that they were considering exempting Apple from tariffs. To me, that alone says he is already a couple steps along in the process of adding tariffs, or at least strongly considering it.

US House of Representatives appear poised to approve bill supporting Hong Kong protestors

20 Nov 2019

It appears the numbers are there for the support bill to be approved
See my comments from yesterday - this is sure to upset China
ForexLive

Trump says he think China wants a trade deal more than he does

20 Nov 2019

Trump says he does not think China is stepping up to the level I want in trade talks
The indications on trade are not encouraging.
ForexLive

Forexlive Americas FX news wrap: A chink in the US/China armor (for today)

20 Nov 2019

Forex news for NY trading on November 20, 2019.
In other markets:
- Spot gold trading down $0.90 or -0.06% at $1471.55
- Crude oil futures is trading up $1.90 or 3.44% $57.11. The catalyst for the sharp rise was the weekly inventory data which showed a build that was less than the estimate and much less than the private API

Trade ideas thread - Thursday 21 November 2019

20 Nov 2019

Good morning, afternoon and evening all. Any charts, technical
analysis, trade ideas, thoughts, views, ForexLive traders would like
to share and discuss with fellow ForexLive traders, please do so:

UK election poll: its Cons on 42 vs. Lab on 31

20 Nov 2019

Election polling has had a very bad run indeed but I'd be shocked if they get this election wrong.
Conservatives have been in the lead and maintaining it, the latest (for the UK Tele) has Conservatives on 42% vs. Labour on 31%.

Dip-buyers save US stocks from a deeper fall (for now)

20 Nov 2019

Stocks slump on trade headlines
The main headline today was a report saying US-China talks could extend into 2020 because the sides are deadlocked.
The reaction was quick and the S&P 500 fell as low as 3091. However the dip buyers stepped up to the plate again (are you surprised?) and the index finished at 3108, a

Here is what’s on the economic calendar in Asia today

20 Nov 2019

Not a lot to move the forex from these releases today.
2350
GMT Japan international securities flows for the week
0030 GMT Reserve
Bank of Australia forex transaction for the month of October

US-China deal is 'in trouble' - CNBC

20 Nov 2019

CNBC cites four sources close to the deal
Four sources 'close to talks' cited by CNBC's Kayla Tausche.
More to come.
ForexLive

Looks like there will be no records, but things could have been worse

20 Nov 2019

With 10 minutes to go, the major indices are lower
With a few minutes ago before the close, the major indices are all lower. It does not seem possible that the market will be able to snatch victory from the jaws of defeat. No records today.