Forex news for North American trade on February 22, 2019:
First off, ignore all the central bank speak because there was a lot of talk but none of it moved markets or taught us something we didn't know already. Kuroda shifted a bit to the dovish side but how far can he really go?
Jeff Skilling released
Enron CEO Jeffrey Skilling was released from custody in Texas after serving more than 12 years relating to the 2001 collapse of Enron.
The 65-year-old perpetrated one of the greatest financial frauds of all time. The company claimed revenues of more than $100 billion in 2000 but it was a institutionalized, systematic, and
Closing changes for the main indexes
Here's the intraday on the S&P 500. It dipped on the China trade talks and that has me worried. The commentary was entirely positive but it wasn't good enough. To me it's starting to look like a deal is fully priced in and all the risks are to the downside.
Trump on China discussions
There's been talk about a Trump-Xi meeting at the end of March in Mar-a-Lago.
This all sounds very positive but it looks like the market was expecting him to announce a deal. The S&P 500 was up 20 points but has halved the gain to 10 points.
Over 7 years since the range for the week has been this low
The low to high trading range for the USDJPY this week has been from 110.42 (reached in the first hour of tradin on Monday), to 110.94 reached near midday on Wednesday. That is a low to high range of 52 pips. Looking at