Live Comments – Action Forex https://www.actionforex.com Live Forex Analysis, Currency Rates, Economic Calendar, Technical Forecast, Fundamental News, Free Trading Signals. Best. USD Dollar, EUR Euro, JPY Yen, GBP Pound, CHF Swiss Franc, CAD Canadian Dollar, AUD Australian Dollar, NZD New Zealand Dollar Thu, 25 Apr 2019 04:57:02 +0000 en-US hourly 1 https://wordpress.org/?v=5.1.1 CHF and JPY firmer as German 10-yr yield turns negative, US 10-yr yield dives https://www.actionforex.com/live-comments/192635-chf-and-jpy-firmer-as-german-10-yr-yield-turns-negative-us-10-yr-yield-dives/ https://www.actionforex.com/live-comments/192635-chf-and-jpy-firmer-as-german-10-yr-yield-turns-negative-us-10-yr-yield-dives/#respond Wed, 24 Apr 2019 15:44:28 +0000 https://www.actionforex.com/?p=192635 Swiss Franc and Yen are both strong today, helped by decline in treasury yields. At the time of writing, German 10-year bund yield is down -0.0555 at -0.011. It turned negative for the first time since April 12. US 10-yer yield is down -0.050 at 2.520. More importantly, today’s sharp fall suggests that TNX is […]

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BoC Poloz press conference live stream https://www.actionforex.com/live-comments/192632-boc-poloz-press-conference-live-stream/ https://www.actionforex.com/live-comments/192632-boc-poloz-press-conference-live-stream/#respond Wed, 24 Apr 2019 15:21:40 +0000 https://www.actionforex.com/?p=192632 The post BoC Poloz press conference live stream appeared first on Action Forex.

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BoC drops tightening bias, Canadian Dollar dives https://www.actionforex.com/live-comments/192603-boc-drops-tightening-bias-canadian-dollar-dives/ https://www.actionforex.com/live-comments/192603-boc-drops-tightening-bias-canadian-dollar-dives/#respond Wed, 24 Apr 2019 14:08:18 +0000 https://www.actionforex.com/?p=192603 Canadian Dollar dives sharply after BoC kept overnight rate unchanged at 1.75% and drops tightening bias. The accompanying statement concluded by saying that ” an accommodative policy interest rate continues to be warranted”. The “appropriate degree” of accommodation will be evaluated as new data come in . In particular, BoC will monitor “developments in household spending, […]

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Japan Abe, Aso and Motegi to visit US on trade and currencies https://www.actionforex.com/live-comments/192599-japan-abe-aso-and-motegi-to-visit-us-on-trade-and-currencies/ https://www.actionforex.com/live-comments/192599-japan-abe-aso-and-motegi-to-visit-us-on-trade-and-currencies/#respond Wed, 24 Apr 2019 13:55:46 +0000 https://www.actionforex.com/?p=192599 Japanese Deputy Prime Minister and Finance Minister Taro Aso, and Economic and Fiscal policy minister Toshimitsu Motegi, economic and fiscal policy minister, will visit Washing on Thursday. Aso will meet US Treasury Secretary Steven Mnuchin and currency issues are believed to be the major focuses. Mnuchin said before that the US would likely include a […]

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Into US session: CHF strongest, AUD weakest, CAD awaits BoC https://www.actionforex.com/live-comments/192568-into-us-session-chf-strongest-aud-weakest-cad-awaits-boc/ https://www.actionforex.com/live-comments/192568-into-us-session-chf-strongest-aud-weakest-cad-awaits-boc/#respond Wed, 24 Apr 2019 12:24:26 +0000 https://www.actionforex.com/?p=192568 Entering into US session, commodity currencies are the weakest ones for today. Australian Dollar leads the decline as much weaker than expected CPI raises the chance of an RBA rate cut in second half. New Zealand Dollar follows as second as RBNZ could cut even earlier in May. Canadian Dollar is the third weakest against […]

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ECB: Impact of trade tensions escalation could heighten financial stress and lower confidence https://www.actionforex.com/live-comments/192502-ecb-impact-of-trade-tensions-escalation-could-heighten-financial-stress-and-lower-confidence/ https://www.actionforex.com/live-comments/192502-ecb-impact-of-trade-tensions-escalation-could-heighten-financial-stress-and-lower-confidence/#respond Wed, 24 Apr 2019 08:48:15 +0000 https://www.actionforex.com/?p=192502 In a paper released today, ECB noted that last year’s increased in trade tensions and the repercussions of the tariffs implemented pose only a “modest adverse risk” to the global and euro area outlooks. Also,  impact of implemented tariffs and tariff announcements owing to uncertainty effects appears to have remained “confined to the targeted sectors” […]

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German Ifo dropped to 99.2, March’s gentle optimism evaporated https://www.actionforex.com/live-comments/192491-german-ifo-dropped-to-99-2-marchs-gentle-optimism-evaporated/ https://www.actionforex.com/live-comments/192491-german-ifo-dropped-to-99-2-marchs-gentle-optimism-evaporated/#respond Wed, 24 Apr 2019 08:40:18 +0000 https://www.actionforex.com/?p=192491 German Ifo Business Climate Index dropped to 99.2 in April, down from 99.7 and missed expectation of 99.9. Expectation Index dropped to 95.2, down fro 95.6 and missed consensus of 96.0. Current Assessment Index also dropped to 103.3, down from 103.8 and missed expectation of 103.6. Ifo President Clemens Fuest noted that “the mood among […]

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BoC to drop tightening bias, or would it? https://www.actionforex.com/live-comments/192312-boc-to-drop-tightening-bias-or-would-it/ https://www.actionforex.com/live-comments/192312-boc-to-drop-tightening-bias-or-would-it/#respond Wed, 24 Apr 2019 04:13:32 +0000 https://www.actionforex.com/?p=192312 BoC is widely expected to keep overnight rate unchanged at 1.75% today. Back in March, the central bank has already shifted to a more cautious stance and noted outlook “warrant a policy interest rate that is below its neutral range”. Also, given the mixed picture ” it will take time to gauge the persistence of […]

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Big downside surprise in Australia CPI adds to case for RBA cut, AUD dives https://www.actionforex.com/live-comments/192292-big-downside-surprise-in-australia-cpi-add-to-case-for-rba-cut-aud-dives/ https://www.actionforex.com/live-comments/192292-big-downside-surprise-in-australia-cpi-add-to-case-for-rba-cut-aud-dives/#respond Wed, 24 Apr 2019 03:48:32 +0000 https://www.actionforex.com/?p=192292 Australian Dollar is sold off sharply after much weaker than expected consumer inflation data. Headline CPI rose 0.0% qoq, 1.3% yoy in Q1, down from 0.5% qoq, 1.8% yoy, missed expectation of 0.2% qoq, 1.5% yoy. The 1.3% annual rate is also the slowest since September 2016. RBA trimmed mean CPI rose 0.3% qoq, 1.6% […]

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S&P 500 and NASDAQ closed at records, no follow through in Asia https://www.actionforex.com/live-comments/192281-sp-500-and-nasdaq-closed-at-records-no-follow-through-in-asia/ https://www.actionforex.com/live-comments/192281-sp-500-and-nasdaq-closed-at-records-no-follow-through-in-asia/#respond Wed, 24 Apr 2019 03:01:19 +0000 https://www.actionforex.com/?p=192281 US stocks enjoyed strong rally overnight as boosted by solid corporate earnings from Coca-Cola to Twitter. S&P 500 and NASDAQ closed at records of 2933.68 (up 0.88%) and 8120.82 (up 1.32%) respectively. Though, they’re both held below intraday highs. DOW also gained 0.55% to 26656.39. Technically, the strong momentum suggests that both S&P 500 and […]

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US-China trade talks to resume in Beijing on Apr 30, Kudlow said cautiously optimistic but not there yet https://www.actionforex.com/live-comments/192278-us-china-trade-talks-to-resume-in-beijing-on-apr-30-kudlow-said-cautiously-optimistic-but-not-there-yet/ https://www.actionforex.com/live-comments/192278-us-china-trade-talks-to-resume-in-beijing-on-apr-30-kudlow-said-cautiously-optimistic-but-not-there-yet/#respond Wed, 24 Apr 2019 02:34:28 +0000 https://www.actionforex.com/?p=192278 The White House announced that Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will travel to Beijing to on April 30 to continue trade talks. China’s team will again be led by Vice Premier Liu He. Liu is expected to fly to Washington on May 8 for additional discussions. In the statement, it’s noted […]

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EU Centeno: Deceleration in Europe less temporary than expected https://www.actionforex.com/live-comments/192251-eu-centeno-deceleration-in-europe-less-temporary-than-expected/ https://www.actionforex.com/live-comments/192251-eu-centeno-deceleration-in-europe-less-temporary-than-expected/#respond Tue, 23 Apr 2019 15:29:32 +0000 https://www.actionforex.com/?p=192251 Eurogroup President Mario Centeno said in an interview that “it is true that there is a deceleration going on in Europe and that it may be less temporary than we think.” The slowdown surprised by both intensity and duration. And it’s related to political risks as “uncertainty grows when decisions are not taken.” Though, he remained […]

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US new home sales rose to 692k, highest since Nov 2017 https://www.actionforex.com/live-comments/192246-us-new-home-sales-rose-to-692k-highest-since-nov-2017/ https://www.actionforex.com/live-comments/192246-us-new-home-sales-rose-to-692k-highest-since-nov-2017/#respond Tue, 23 Apr 2019 15:08:47 +0000 https://www.actionforex.com/?p=192246 US sales of new single-family houses rose to 692k in March, up from 662k, well above expectation of 647k. That’s also the highest level since November 2017. Also from US, house price index rose 0.3% mom in February, below expectation of 0.6% mom.

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Gold extends decline on Dollar strength, heading towards 1234 fibonacci level https://www.actionforex.com/live-comments/192195-gold-extends-decline-on-dollar-strength-heading-towards-1234-fibonacci-level/ https://www.actionforex.com/live-comments/192195-gold-extends-decline-on-dollar-strength-heading-towards-1234-fibonacci-level/#respond Tue, 23 Apr 2019 12:54:47 +0000 https://www.actionforex.com/?p=192195 Gold’s near term down trend resumes today thanks to broad based strength in Dollar. The development also further solidify the case of medium term reversal. That is, rise from 1160.17 has completed at 1346.71, on bearish divergence condition in daily MACD. Near term outlook will now stay bearish as long as 1280.85 support turned resistance […]

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Into US session: GBP bounces from technical support, CHF downside breakout https://www.actionforex.com/live-comments/192192-into-us-session-gbp-bounces-from-technical-support-chf-downside-breakout/ https://www.actionforex.com/live-comments/192192-into-us-session-gbp-bounces-from-technical-support-chf-downside-breakout/#respond Tue, 23 Apr 2019 12:18:20 +0000 https://www.actionforex.com/?p=192192 Entering into US session, Sterling is the strongest one in a rather listless day so far. Technical support is seen as the major reason for the bounce. GBP/USD is close to 1.2960 key near term support. EUR/GBP is also “relatively” close to 0.8722 key near term resistance. Yen and Dollar are the next strongest ones, […]

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NZD/USD resumes decline on RBNZ rate cut bets https://www.actionforex.com/live-comments/191996-nzd-usd-resumes-decline-on-rbnz-rate-cut-bets/ https://www.actionforex.com/live-comments/191996-nzd-usd-resumes-decline-on-rbnz-rate-cut-bets/#respond Tue, 23 Apr 2019 07:23:27 +0000 https://www.actionforex.com/?p=191996 New Zealand Dollar is among the weakest today, together with Australian and Canadian. Selloff in Kiwi picked up momentum last week after Q1 CPI release disappointed by slowing to 1.50%. There are increasing expectation that RBNZ could cut interest rate at the upcoming meeting on May 8. In the latest weekly commentary, Westpac noted that […]

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ECB Coeure: Growth to return in H2, no grounds for overly gloomy thoughts https://www.actionforex.com/live-comments/191972-ecb-coeure-growth-to-return-in-h2-no-grounds-for-overly-gloomy-thoughts/ https://www.actionforex.com/live-comments/191972-ecb-coeure-growth-to-return-in-h2-no-grounds-for-overly-gloomy-thoughts/#respond Tue, 23 Apr 2019 06:47:45 +0000 https://www.actionforex.com/?p=191972 ECB Executive Board Member Benoit Coeure said in a newspaper interview that policymakers expected “growth to return in the second half of the year”. He told German daily Frankfurter Allgemeine Zeitung “there are no grounds for overly gloomy thoughts”. However, he admitted for now “it is very uncertain how long and how strong the downturn […]

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Maeda: BoJ ready to use combinations of measures to ease further if needed https://www.actionforex.com/live-comments/191874-maeda-boj-ready-to-use-combinations-of-measures-to-ease-further-if-needed/ https://www.actionforex.com/live-comments/191874-maeda-boj-ready-to-use-combinations-of-measures-to-ease-further-if-needed/#respond Tue, 23 Apr 2019 02:26:46 +0000 https://www.actionforex.com/?p=191874 Eiji Maeda, BoJ Executive Director of International Affairs, reiterated the central bank stands ready to ease monetary policy further if needed. He said in the Diet that “if the economy’s momentum for achieving our price target is threatened, we are ready to ease monetary policy as necessary”. And, “we’ll continue to take steps as needed, […]

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Japans sees little impact from end of Iran oil sanction waiver https://www.actionforex.com/live-comments/191872-japans-sees-little-impact-from-end-of-iran-oil-sanction-waiver/ https://www.actionforex.com/live-comments/191872-japans-sees-little-impact-from-end-of-iran-oil-sanction-waiver/#respond Tue, 23 Apr 2019 02:16:39 +0000 https://www.actionforex.com/?p=191872 Japan is seeing limited impact as US ends the Iranian oil sanction waiver for the country. Trade and Industry Minister Hiroshige Seko said in a regular press conference that Japan has been lowering its reliance on Iranian oil import, which only accounts for 3%. And, there is no need to tap the national oil reserve […]

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US to end Iranian oil sanction waivers for China, Greece, India, Italy, Japan, South Korea, Taiwan and Turkey https://www.actionforex.com/live-comments/191746-us-to-end-iranian-oil-sanction-waivers-for-china-greece-india-italy-japan-south-korea-taiwan-and-turkey/ https://www.actionforex.com/live-comments/191746-us-to-end-iranian-oil-sanction-waivers-for-china-greece-india-italy-japan-south-korea-taiwan-and-turkey/#respond Mon, 22 Apr 2019 04:36:26 +0000 https://www.actionforex.com/?p=191746 Oil price jumps sharply today on news that US is preparing to stop all Iranian oil sanction waivers. The announce could be made as soon as on Monday. Currently, China, Greece, India, Italy, Japan, South Korea, Taiwan and Turkey are buying Iranian oil without facing US sanctions. But such waivers would expire on May 2 and […]

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