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People need to call this out People can fudge stats but it to straight-up lie about them is a really slippery slope. Here’s what Trump tweeted earlier today: That’s just not true. Here’s the chart: According to Bloomberg: “In the 70 years since the Labor Department started publishing monthly jobless numbers, the growth rate has
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The Swedish krona has taken the election in its stride so far in this early Asia period USD/SEK is currently around 9.0615 or so The latest via Bloomberg: Sweden Headed for Political Gridlock After Inconclusive Election inconclusive election result left the biggest Scandinavian economy without a clear candidate to form a government. Neither the Social Democrat-led
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Five patterns for new forex traders Being new to trading forex can often feel like wading out into dark choppy waters. It’s intimidating, unknown and overwhelming. Continuing the water metaphor, the internet is sea of information regarding trading, reading charts and extrapolating information from them. Figuring out the best indicators for your strategy and trading
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
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Latest data released by Markit/CIPS – 5 September 2018 Prior 53.5 Composite PMI 54.2 vs 54.0 expected Prior 53.6; revised to 53.5 ForexLive A decent beat there on the headline readings, and the pound recovers a little. Cable up to 1.2822 now from 1.2809 earlier. Looking at the details, the employment component was one of
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Latest data released by the Federal Statistics Office – 4 September 2018 Prior -0.2% CPI +1.2% vs +1.2% y/y expected Prior +1.2% Core CPI +0.5% y/y Prior +0.5% HICP 0.0% vs +0.4% m/m prior HICP +1.3% vs +1.2% y/y prior ForexLive Very much in-line with estimates and the core reading holds steady for the month.
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The 1994 movie starring Hugh Grant, “Four Weddings and a Funeral” was a big hit. In 2018 – and this weekend -  we seem to be heading toward “Four Divorces and a Funeral” instead. Senator John McCain will be put to rest today after a week of mourning, reflection of the good from a life. 
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