Congressional Budget Office: House tax bill would add $1.7T to deficit over 10Y

Will also cause US debt to rise more than current projections.
The GOP bill – including a recent amendment for additional debt service payments due to the bill – would increase the US deficit by $1.7T over 10 years according the the Congressional Budge…

The post Congressional Budget Office: House tax bill would add $1.7T to deficit over 10Y appeared first on Forex news forex trade.

The strongest currency is the JPY. The GBP is the weakest as NA trader enter for the day.

Snapshot of the strongest and weakest as NA traders enter for the day
As the  North American traders enter for the day, the JPY is the strongest currency of the majors, while the GBP is weakest.   The USD is up against the GBP, but lower…

The post The strongest currency is the JPY. The GBP is the weakest as NA trader enter for the day. appeared first on Forex news forex trade.

Forex technical analysis: USDCAD returns to 200 hour MA. Finds sellers.

Fell below MA line last Friday
On Friday, November 3rd, the Canada employment report came out better than expected.
That helped to pushed the USDCAD below the 200 hour MA. The fall ultimately bottomed just ahead of the 100 bar MA on the 4-hour chart to…

The post Forex technical analysis: USDCAD returns to 200 hour MA. Finds sellers. appeared first on Forex news forex trade.