How will the bears lose, A Bear short the DAX at 13780 got out at 9450 and has lost. Those that may lose are those shorting after over 2 weeks of continuous fall. Those that may lose may also be those that shorted and were expecting 2 months of fall ...

Fed to pump more than $1 trillion in dramatic ramping up of market intervention

Travel ban for EU countries to the US, that is extreme measure. That is more pressure on Crude oil, they have just reduced air travel by almost 40%, redundancy in hotels, air transport business, insurance etc. This ban when effective will bring more ...

Trump: US Suspending All Travel From Europe For Next 30 Days

If all arsenal are released now that the crisis level is barely 2-5% as regards to the virus, indices response have been overstretched to say the least, more like a premeditated moves. We do not pray for a worse situation, where will the ammunition ...

White House plan for economic response to virus is ‘not there right now,’ officials say

In a situation like this, 12 to 18 months could mean hundred of thousand dying if infection continues at these rates, so a promising vaccine will be fast tracked if discovered. Why wait for 12 months while people are dying daily without cure.

Death toll in Italy from coronavirus rises to 463 from 366 on Sunday

That is talking big, the $25-$30 has other effects on the economy, other than low fuelling cost (and the demand for fuel is not so elastic, otherwise, accidents will just increase) Why not find ways to mend the fence and resolve the issue, you do ...

Russian finmin: Russia can weather oil prices of $25-$30 per bbl for 6-10 yrs

Cutting Zero is not mathematically possible. Just say you are going into negative territory. I think there should be new school of economics, what we learn in the past are no more in practice, then it is not expected to just print money, but now we ...

ECB's Holzmann: Would Not Currently Support An Interest Rate Cut

"A fall in GDP in two consecutive quarters typically defines a recession" This guy just redefined recession to suit his article, I thought Recession is 2 consecutive quarters in negative territory and not just a fall. So if Q1 is 1.8% and Q2 comes ...

Virus recession? Top economist Ed Hyman sees zero US growth the next two quarters

But it is not airborne (at least based on previous explanations). How could it have gotten it.

U.S. Identifies First Coronavirus Case Without Ties to Outbreak

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Katie Porter grills Fed chair about attending Jeff Bezos' 'lavish' party

[quote=MisterSpread;12775595] Im bearish since mid January when the weekly Fibo 23.6 was not validated on the upside, now the 0.0 mark was broken and confirmed around 15-16.02.2020 so it opened up the floor for the December 2018 low at 0,63700. ...

AUD/USD hits fresh multi-year lows, around 0.6570 region

The past 4 months have been reported lower than actual and revised higher the next month. Sometimes data could be reported to achieve an objective, can't recollect the exact reaction now to the lower figures, but getting the report right first time ...

Fastest UK manufacturing output growth since April 2019, but supply chain disruptions rapidly...

The lesson from the movement of Yen pairs clearly shows that indicators are just statistical. I will be watching for RSI of 99, we saw 95 yesterday and it has moved another 100 pips (USDJPY) Great lesson for good money management

February 2020 Manufacturing Business Outlook Survey

That looks like a new high. I have seen 91/92, but a 95 is damn high. That is why we are advised to see RSI as just an indicator (like a time piece) not a signal.

Minutes of the Federal Open Market Committee

This is a major reason for people to start clamouring for digital currencies that will enable contactless transactions. Could be a major boost, imagine having to destroy millions of fiat currencies because of virus that has not even been stopped ...

China will start destroying cash collected in areas with high exposure to the coronavirus

Irony of forex, just some tweet and hundred of pips across some pairs (related to GBP), to those at the right side of the movement, good and some other it is BS.

EU takes aim at city of London with post-Brexit MiFID rewrite

The ideal should be to hold and wait for Brexit effects and assess the situation and use the rate ammunition. Cutting now reduce the possible palliative options if Brexit brings worse than expected outcomes. Anyway, they have made their decision ...

Will the Bank of England cut interest rates?

If it drops based on calendar and it is that predictable, there will be a lot of FX millionaires every year. FX does not move by calendar only, a lot of several factors though a lot of them predetermined. If the big banks wants EUR at 1.0890 by end ...

EURUSD drops below 200-day SMA; focus on supportive trendline

The risk issues are always manufactured somehow. China trade war getting resolved, Iran likely war brewing. But with USDJPY making new high, it may look that the risk is not high, but you could be surprised that the bigger boys may be aiming for a ...

US tensions with Iran could overshadow Washington's trade fight with China

This result being displayed was not when there was fire

Australian retail: back in black?

Why is AUD that has a rate of 0.75% and NZD with a rate of 1% classified as high yield currencies. The days they were high yielding was when their interest rates were high.

Hints of a USD retracement rally amid a cautious New Year trading