Forexlive Americas FX news wrap: FOMC statement keeps December hike alive

Forex news for trading on November 1, 2017
A snapshot of other markets near the day’s end shows:
– Spot gold at $1276.17, up $5.17 or 0.4%
– WTI crude oil at $54.28 down $.10 on the day or -0.18%
The FOMC kept rates unchanged at 1% – 1.25% as per…

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Forex technical analysis: Broken trend line stalls the fall i GBPUSD today

Price remains in the months up and downs trading range
The GBPUSD moved higher and traded at the highest level since October 13th (high on that day reached 1.3337). The high today got to 1.3720 before rotating back lower. So, the price remains within t…

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The snapshot of the major currencies shows the NZD is the strongest and the JPY is the weakest

USD mixed
As the market moves toward the start of the US stock market (European shares soaring), and we await the ISM, Construction spending, oil inventories and the FOMC decision later today, the NZD is the strongest (better employment) and the JPY is…

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NYC incident. 6 people die. Up to 15 injured. NYPD treating it as potential act

Treating as potential act of terror
The driver of the rented HomeDepot truck drove down a popular bike and pedestrian path in lower Manhattan.  There are reports of 6 deaths and up to 15 injured – some seriously.  The drive of the truck got o…

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