Tag: Trade

USD/JPY breaks 149.00 as the trade goes in full reverse on likely intervention

I warned earlier that it was a dangerous game being long USD/JPY in the 13th straight day of gains.Here we are. USD/JPY touched 148.98, which is nearly 300 pips off the earlier high....

US equities trade flat after early dip

The S&P 500 is down just 2 points shortly after the open. It initially declined by more than 15 points and futures an hour ago were much lower.The turn came after a Timiraos...

How to Trade Forex News: An Introduction

Major economic data has the potential to drastically move the forex market. It is this very movement, or volatility, that most newer traders seek when learning how to trade forex news. This article...

New Zealand September trade balance -1.615B vs -2.447B prior

Prior was -2.447BImports 7.64B vs 7.93B priorExports 6.03B vs 5.48B priorThis is a nice turn after a long term record last month. The annual deficit (shown above) is enormous and that goes some...

How to Trade Bank of America as Earnings Beat

Earnings season is upon us once again and, kicking...

S&P 500 futures trade 23 points higher as Netflix boosts the market

S&P 500 futures are up 21 points in the early going. The index was up 42 points in the regular session after a strong start, then a big lull followed by a late...

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