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Coming up in Asia-Pacific trade: More holidays and some comments from the RBA’s LoweComing up in Asia-Pacific trade: More holidays and some comments from the RBA’s Lowe

China remains away fro the Lunar New Year holiday but that hasn’t killed action price action in Asia-Pacific trading so far this week, so lets […]

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No reaction in oil after private US oil inventoriesNo reaction in oil after private US oil inventories

Crude +1525K expected in tomorrow’s official report Gasoline +1645K expected in tomorrow’s report Distillates -1492K expected in tomorrow’s report There’s been no reaction in WTI, […]

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Crude oil continues the up and down waffle near highsCrude oil continues the up and down waffle near highs

Crude oil on the hourly chart The price of crude oil moved to a new cycle high today of $88.87. That price took out the […]

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Fed’s Bullard expected to speak at the bottom of the hourFed’s Bullard expected to speak at the bottom of the hour

The St. Louis Fed president Jim Bullard, is scheduled to speeak at the bar the hour.  Bullard is one of the more hawkish members of the […]

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Fed’s Bullard: I would support a rate hike at the March meeting and prefer a hike in MayFed’s Bullard: I would support a rate hike at the March meeting and prefer a hike in May

St. Louis Fed president James Bullard is speaking in a Reuters interview and says: 

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Sen. Manchin: Build Back Better Bill is deadSen. Manchin: Build Back Better Bill is dead

Sen. Joe Manchin (D) who killed Pres. Biden’s Build Back Better bill by refusing to support it, is on the wires saying indeed…the bill is dead. He says […]

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AUDUSD moves up to test the 200 hour MA. Stalls on the test.AUDUSD moves up to test the 200 hour MA. Stalls on the test.

AUDUSD pause near the 200 hour moving average The AUDUSD has moved up to test its 200 hour moving average. The last time the price […]

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US Sec. of State Blinken and Russia For. Minister Lavrov speak: If you don’t intend to invade Ukraine, pull back your troopsUS Sec. of State Blinken and Russia For. Minister Lavrov speak: If you don’t intend to invade Ukraine, pull back your troops

US Secretary of State Antony Blinken The US Secretary of State  Blinken and Russian Foreign Minister Lavrov of met today in a meeting that lasted […]

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USDJPY retraces 50% of the recent gainsUSDJPY retraces 50% of the recent gains

USDJPY trades between its 100/200 hour moving averages The USDJPY is working on its 3rd down day in a row after peaking on Friday and […]

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USDCHF cracks below the 50%/100 day MA, and 200 hour MA but fall stallsUSDCHF cracks below the 50%/100 day MA, and 200 hour MA but fall stalls

USDCHF falls to key support The USDCHF reached the highest level since November 26 yesterday, taking out the high from last week by a few […]

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