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  • US Dollar and related pairs at key levels ahead Biden and Powell: DXY, EUR/USD, NZD/USD

    From forex.com

    The second week of the new year hasn’t been very dramatic, at least for the markets. However, with frightening coronavirus headlines, markets are waiting for tomorrows unveiling of Biden’s economic relief program. Expectations are for “trillions” of dollars in recovery aid. In addition, Powell will be interviewed tomorrow by the Director of the Princeton Bendheim Center for Finance, Markus Brunnermeier. Traders will be listening to Powell’s language to see if he echo’s recent comments that the Fed may look to begin tapering before the end of the year. DXY On Monday, we discussed the possibility the US ... (full story)

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  • Jan 14, 2021 5:04am Jan 14, 2021 5:04am
  •  samdani786
  • | Commercial Member | Joined Feb 2008 | 66 Comments
USD Index monthly chart. With USD bouncing, EU will dive.
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  • Jan 14, 2021 8:03am Jan 14, 2021 8:03am
  •  ArvONs
  • | Joined Jan 2013 | Status: Member | 42 Comments
Quoting samdani786
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USD Index monthly chart. With USD bouncing, EU will dive. {image} {image}
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    UK housing market boom starts to fade, survey shows

    From reuters.com|Jan 13, 2021

    A boom in Britain’s housing market has started to fade, dampened by new COVID-19 lockdowns and the coming expiry of a temporary tax cut for buyers, a survey showed on Thursday. ...

    Suasion, Sure, But Is It Really Moral?

    From alhambrapartners.com|Jan 13, 2021|2 comments

    One of the concepts educators sort of snuck into the curriculum was something they called “moral suasion.” This term has meanings outside of Economics, but within the discipline ...

    JPN Machinery Orders in November, 2020

    From cao.go.jp|Jan 13, 2021

    The total value of machinery orders received by 280 manufacturers operating in Japan decreased by 1.5% in November from the previous month on a seasonally adjusted basis. ...

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    PBoC Fixes USDCNY Ref Rate At 6.4746 (prev fix 6.4605; close 6.4681)

    From @LiveSquawk|Jan 13, 2021

    tweet at 8:15pm: PBoC Fixes USDCNY Reference Rate At 6.4746 (prev fix 6.4605; prev close 6.4681) tweet at 8:17pm: PBOC cut #yuan's fixing by 141 pips to 6.4746 per US dollar, the weakest since Jan 6 this year, vs a fixing of 6.4605 one day earlier.

    Globalization and the US Dollar

    From cmegroup.com|Jan 13, 2021

    Back in 2017 when the U.S. embarked on withdrawing from multi-lateral treaties and then imposing tariffs on many imported goods across a wide range of major trading partners ...

    China 2020 Total Trade Up 1.9%: Exports +4% Y/Y: Imports -0.7% Y/Y In Yuan Terms: Trade Balance:...

    From @LiveSquawk|Jan 13, 2021

    tweet at 9:04pm: China 2020 Total Trade Value Up 1.9% -Exports +4% Y/Y In Yuan Terms -Imports -0.7% Y/Y In Yuan Terms -Trade Balance: 3.7Tln Yuan tweet at 9:23pm: China Customs Spokesman: China's Trade Is Expected To Keep Growth In 2021 Sees Uncertainties From Covid On Trade In 2021 tweet at 9:24pm: China’s Dec Trade data (USD): Beats estimates across all indicators https://t.co/qpW7WdQQRF #China #TradeBalance #AUDUSD #EconomicIndicatorChina trade: export surge continued in December, pushing surplus to record high China’s exports continued to surge in December, data released by its customs agency on Thursday showed. Exports grew by 18.1 per cent last month from a year earlier, down from 21.1 per cent in November but above the consensus result of a survey of analysts, conducted by Bloomberg, which predicted 15.0 per cent growth. This was the seventh consecutive month of export growth, with China’s factories continuing to capitalise on coronavirus lockdowns in the West. Imports grew by 6.5 per cent in December from a year earlier, up from 4.5 per cent the month before, and above the consensus forecast of 5.7 per cent. This was the fourth month of consecutive import growth. tweet at 9:28pm: AUD/USD retains bid tone after China reports above-forecast exports By @godbole17 https://t.co/MvXVcCitLd #AUDUSD #Majors #China #TradeBalance

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  • Posted: Jan 13, 2021 8:18pm
  • Submitted by:
     Newsstand
    Category: Technical Analysis
    Comments: 2  /  Views: 1,713
  • Linked event:
    USD Fed Chair Powell Speaks
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