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Forex and Bitcoin news for trading in Asia Wednesday 28 November 2018
If you browse your charts for the session here, you will see some sort of dull day. The news feed was limited, as was the flow of data.
The USD / JPY is slightly up (around 113.85) during the morning in Tokyo, and then dive a little (about 10 points) to the announcement that the US United and North Korea had not arranged a scheduled meeting. Yes, a shot of 10 points. By the time I post, we are back around 113.85. I hear expectations, 114 is on the cards, do not know if we can handle such volatility. Sheesh.
EUR, GBP, CHF, CAD, AUD, NZD … not too much movement at all.
Today, in Australia, we received data, a disappointing turning point for the construction sector in the third quarter. The data is an input into the third quarter's GDP and is not very bright. Today's data indicates that GDP will remain positive, but I imagine that expectations for it will be revised a little lower (while waiting for other partials to come, of course, they may be better ).
Oh yes, the title of the post office … US President Trump stepped up his attack on the Fed and its rate hike path. In the past, he said that he was not happy, he raised it a little today with "not even a little happy" with President Powell. There has been little impact, but if you see the dollar, the dip fingers will probably be pointed at this remark.
Do not. Happy. Jay.
Still to come:
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