MARKET CONFUSE ON CHINA COMMENTS; WHAT’S NEXT FOR USD.

CHINA COMMENTS BREAKING China’s SAFE: US Treasury investment is market behavior, says it always diversifies investments of FX reserves BREAKING China’s FX reserves management departments are responsible investors -FX regulator. USD DOLLAR PERFORMANCE For those who like to dabble in currency trading — and...

THE MARKET STAYS CONFUSED; WHERE WILL THE USD GO – DOWN.

White House Doesn’t See Need for Faster Fed Hikes Due to Tax Cut. The Federal Reserve won’t need to pick up the pace of its planned interest-rate increases in response to the recently-passed tax overhaul package, White House chief economist Kevin Hassett said. The...

CROSS PAIRS GOES TO ACTION TONIGHT; NFP FOCUS AND USD PREPARES TO ROAR!!

FED & RECESSION Fed officials are split on the question, according to a record of their December policy meeting published Wednesday. The account revealed a lengthy discussion about the recent shrinking of the spread between short- and long-term market interest rates. Read More @ https://www.bloombergquint.com/global-economics/2018/01/04/fed-puts-positive-spin-on-wall-street-s-trusty-reicession-signal 

USD CLAWS BACK NORTH BUT NOT GOOD ENOUGH; EURO RALLIES!!

USD STRUGGLES BUT EURO RALLIES AFTER GOOD DATA. The US dollar is sporting a softer profile across the board, though remaining largely in the ranges seen over the past couple of sessions.  At the same time, the news stream suggests that the global synchronized...