Forex Comet

Donald Trump has ‘mental illness’ a dangerous one!

Donald Trump in the spotlight: Forex News Mental health experts say President is ‘paranoid and delusional‘ Donald Trump has a “dangerous mental illness” and is not fit to lead the US, a gathering of therapists has cautioned amid a meeting at Yale University. Emotional wellness specialists guaranteed the President was “paranoid and delusional”, and said it was their “moral duty” to caution the…

Oil On Track For Biggest Week Drop In A Month

Today in the news: Forex News Oil Drop Oil held close $53 a barrel on Friday, however was on course for its greatest week after week drop in a month because of questions that an OPEC-drove creation slice will reestablish harmony to an oversupplied showcase. Brent prospects were at $53.01 a barrel, up 2 pennies from their last close and set for a 5.15 percent week by week drop, their greatest fall…

North Korea says ‘don’t upset us’ as US arranges next move

Secretary of State Rex Tillerson said the United States was taking a gander at approaches to weight North Korea over its atomic program as North Korean state media cautioned the Americans of a “super-compelling preemptive strike” and said don’t “disturb us.” U.S. President Donald Trump has brought a hard line with North Korean pioneer Kim Jong Un, who has repelled counsels from sole significant…

Elections forcing surprise in markets – UK PM

BBH Group clarifies that the UK PM Elections May astound the worldwide financial specialists and world policymakers by calling snap decisions as this is unequivocally what the 2011 discretionary law tried to anticipate by settling the date of races. Key Quotes “As of late as just before the Easter break, May’s office denied the diligent hypothesis that she would (or ought to) move for early…

Coming up to 108.00-USD/JPY Target And Reversal In Progress

USD/JPY achieved 108.13 for a low in Monday’s exchanging, however switched to the upside and is at present exchanging almost 108.97, a pick up of 0.06% over Monday’s North American close. With the Stochastic moving higher in the wake of coming to a completely oversold level, the close term predisposition is to the upside. To start with resistance is at the 110.00 level. Be that as it may, a break…

Japan committed to G20 agreement on forex policy

TOKYO (Reuters)-#Japan is committed to the G20 agreement on foreign-exchange policy and is not manipulating its #currency, Chief Cabinet Secretary Yoshihide Suga, the country’s top government spokesman, said on Monday. The U.S. Treasury issued its semi-annual currency report on Friday and Japan was one of the U.S. trading partners who were on a currency “monitoring list”. Suga told reporters the…

Nuclear Talk – Stocks riding into North Korea ‘danger zone’ before Monday open

Last time stocks skirted open #nuclear conflict possibility was 1962 Headline brought to you by forexcomet   Against the backdrop of missiles flying, the “mother of all bombs” being dropped on Islamic State targets and the threat of an all-out nuclear war, financial markets have been holding up relatively well, but face a major hurdle before the Monday open. When taking bets on a game of nuclear…

Forecasts For Pound Upgraded at World’s Largest Investment Bank

Pound news: Foreign exchange analysts at JP Morgan have upgraded their forecasts for the British Pound for the remainder of 2017 and the duration of 2018. The world’s largest investment bank issued the changes to their forecast targets as Sterling is seen performing better than many analysts had expected over the course of the past month. “The trade-weighted index looked to be breaking down in…

Gas price hike across country

#fuelprices #gas #hike #summer #notfair According to #gas price tracking from GasBuddy – An online gas price tracking service, the average price today for regular unleaded in the #country was almost $1.15 per litre, up 21 percent from a year ago. What a kick in the tank! Dan McTeague, a senior petroleum analyst with GasBuddy, said a combination of higher ingredient costs for summer fuel and the…

USD weakness persists in Asia, US data in focus

Tags: #usd #asia #weakness #forex #forexnews #dailynews #trump thank us on twitter by retweeting our posts or following: https://twitter.com/forexcomet Trump trade unwinding extended into Asia, with the US dollar and treasury yields accelerating overnight downslide, after Trump jawboned the US currency late-Wednesday. Amidst broad USD softness, risk-off sentiment too drove markets in Asia, as…

Trump: Threatening to withhold health insurance payments

Breaking News According to The Wall Street Journal, U.S. President Donald Trump reportedly threatened to withhold health insurance payments to pressure Democrats into supporting health care bill. “Democrats will start calling me”, Trump stated.

Oil Resistance Zones While trying to keep these blogs topical, with an escalating war in the Middle East, I can’t go past another feature post on Oil. We had been looking for an opportunity to short oil off daily resistance, but the buyers haven’t given up just yet. Oil’s strength was of course exacerbated by the recent U.S missile attack on Syria helping push the commodity back into our daily…

Oil Output Cuts – Russia Signals Weighing Extension

Oil Output Cuts –Russia’s Energy Ministry will soon begin talking with domestic oil companies about the option to extend the production cuts beyond June, Energy Minister Alexander Novak said on Tuesday, while Moscow-based analysts largely expect Russia to continue participating in the output cuts that it had agreed to with OPEC. Speaking to reporters on Tuesday, Novak said that it was still too…

Unemployment In Us Dips To Decade Low

Unemployment In Us Dips To Decade Low Current US unemployment statistics, for last month, suggest that employment in the USA has fallen to a level before the onset of the Global Financial Crisis which started in 2007-08. The official US figure for unemployment suggests that 4.5% of the active US workforce is registered unemployed and actively seeking work. The figure improved over the February…

Forex – Dollar holds near 3-week highs as markets await Fed chair Yellen

ForexComet.com – The dollar was at three-week highs against a basket of the other major currencies on Monday as investors remained focused on the Federal Reserve’s (Fed) plans to tighten monetary policy and waited for further details from Fed chair Janet Yellen, though geopolitical concerns tempered gains. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted…