Diversified currency savings accounts.

[DepthTrade]

Just slayed the market Hit 4 targets in the following pairs Audjpy, Euraud, Gbpjpy and Usdjpy
All taken on my private live account.
If you'd like more information, please see my profile.

Live personal account exposure. Black 'A' in top left corner denotes live account.

Taken from my news feed.

Dollar Rises as Investors Reassess Rate Outlook
Tue Mar 26 10:49:00 2019
By Sam Goldfarb
The dollar edged higher Tuesday as a swing in market sentiment caused traders to scale back expectations that the Federal Reserve will cut interest rates this year.

The WSJ Dollar Index, which measures the U.S. currency against a basket of 16 others, was recently up 0.2% at 89.64.

As stocks and U.S. Treasury yields climbed, the dollar posted a large gain against the yen, which often serves as a haven for investors when they are selling riskier assets.

The dollar was recently up 0.6% against the yen at 110.615 yen per dollar.

Federal-funds futures, used by investors to place bets on the course of interest rates set by the Fed, on Tuesday showed a 62% chance that the central bank will lower rates by the end of the year, according to CME Group, down from 72% Monday.

Bets that the Fed will cut rates this year have increased over the past week as Fed officials strongly signaled that they won't raise rates in the coming months and weak eurozone economic data added to concerns about a slowing global economy.

That has weighed on the dollar, since lower rates make the currency less attractive to yield-seeking investors, though the impact has been mitigated by increased expectations that other central banks, such as the European Central Bank, will also refrain from tightening monetary policy.

In recent trading, the euro was down 0.2% against the dollar at $1.12895.

Write to Sam Goldfarb at sam.goldfarb@wsj.com

(END) Dow Jones Newswires

March 26, 2019 10:49 ET (14:49 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

 

[DepthTrade]

Clients and I are just on the verge of reaching a new high water mark. As stated earlier, I still think there is a high probability of that happening by the end of the week. Let's keep our fingers crossed. For more information, please see my profile.

CAGR +86.95%

Live personal account exposure. Black 'A' in top left corner denotes live account.

Demo account used to track trading. White 'A' in top left denotes demo account.

Taken from news feed.
Global Forex and Fixed Income Roundup: Market Talk
Wed Mar 27 00:36:00 2019
The latest Market Talks covering FX and Fixed Income. Published exclusively on Dow Jones Newswires throughout the day.

0436 GMT - South Korean exports likely have contracted for a 3rd month due to sluggish demand from China's slowing economy and falling memory-chip prices. The median forecast of 5 analysts polled by WSJ is for exports to have dropped 8.8% from a year earlier after February's 11% drop. The poll also shows predicts that inflation picked up to 1% on higher oil prices and increased taxi fares. February's figure was 0.5% while the annual target is 2%. The March readings are due next week. (kwanwoo.jun@wsj.com; @kwanwoo)

(END) Dow Jones Newswires

March 27, 2019 00:36 ET (04:36 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

 

[DepthTrade]

Getting bumped back a little bit. Had 3 Stop losses hit and 2 Targets hit.
Targets hit Gbp/chf, Gbp/usd
Stop losses hit Eur/gbp, Gbp/jpy, Usd/jpy
Four steps forwards, two steps back. That's the name of the game, that's how we dance.
For more information, please see my profile.

Private live 1,246 trades 89 days +29.96%

Live personal account exposure. Black 'A' in top left corner denotes live account.

Demo account used to track trading. White 'A' in top left denotes demo account.
CAGR +77.46% Current closed gain of +14.2%

Taken form news feed.
Fed Releases Stress Test Loss Rates -- Market Talk
Thu Mar 28 16:39:00 2019
16:39 ET - The Federal Reserve has published loss rates banks can expect in this year's round of stress tests, a window into how the government will assess their ability to withstand a hypothetical doomsday scenario. "The document is intended to improve public understanding" of the stress tests," the Fed says, adding it provided "significantly more information on the stress test models that are used to project bank losses, compared to disclosures from past years." The 80-page document shows how certain types of assets would perform under the stress tests, but doesn't disclose the specifics of the Fed's models. According to the Fed, loss rates tied to corporate loans and credit cards "accounted for roughly half of total projected loan losses" in the 2018 round of stress tests. (lalita.clozel@wsj.com; @laliczl)

(END) Dow Jones Newswires

March 28, 2019 16:39 ET (20:39 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

 

[DepthTrade]

Clients and I are just waiting this out, waiting for another run up in gains. Holding pattern, waiting for clearance from the tower.
For more information, please see my profile.

My private account. 1,274 trades. 91 days. Gain +30.34%

Live personal account exposure. Black 'A' in top left corner denotes live account.

Demo account used to track trading. White 'A' in top left denotes demo account.
CAGR +68.45% Current closed gain of +13.6%

Taken from news feed.

U.S. Consumer Spending Edged Up in January -- Update
Fri Mar 29 16:23:00 2019
By Paul Kiernan and Sarah Chaney
WASHINGTON -- American consumers barely increased their spending in January after a sharp pullback in December, adding to recent evidence the economy may have slowed after strong growth in 2018.

In addition, a broad measure of prices across the U.S. economy fell for the first time in 22 months, underscoring the Federal Reserve's struggle to get inflation up to its 2% target. Still, economists pointed to reasons they expect a spring pickup in growth, including rising incomes and strong consumer sentiment.

Personal-consumption expenditures, a measure of household spending on everything from Netflix subscriptions to big-screen TVs, increased a seasonally adjusted 0.1% in January from the prior month, the Commerce Department said Friday. That was less than the 0.3% rise economists had projected, and it did little to recover lost ground after a 0.6% slump in December.

The back-to-back months of muted spending have broad implications for the U.S. economy, where household outlays drive about two-thirds of economic output. Pullbacks by consumers can weigh heavily on growth, and a number of forecasters reduced their estimates of first-quarter gross domestic product in the wake of Friday's report.

"Consumer spending, which is the lion's share of GDP, is telling us that the economy could be slowing more rapidly than a lot of people anticipated, especially in the first quarter," said Sung Won Sohn, a professor of finance and economics at Loyola Marymount University in Los Angeles. "In 2018, consumption was kind of the workhorse of the economy."

Still, other data released Friday suggested there are pillars of strength in the economy that could underpin momentum heading into the second quarter. Consumer sentiment picked up in March, the University of Michigan said, and new-home sales rose swiftly in February, according to the Commerce Department. The positive housing figures offer the latest sign that lower mortgage rates are aiding the housing market after a weak 2018.

Worries about global growth picked up last week when a closely watched bond-market indicator signaled a recession warning in the U.S. for the first time in more than a decade. Investors have since raised their bets the Fed will have to lower interest rates at least once before the end of the year to stave off a downturn. Some Fed officials have pushed back, saying it is too soon to consider a rate cut.

Friday's data prompted forecasting firm Macroeconomic Advisers to trim its running estimate of first-quarter gross domestic product growth to 1.3% from 1.4%. That would represent a stark deceleration from the 2.2% clip notched in the fourth quarter of 2018.

Ian Shepherdson, chief economist at Pantheon Macroeconomics, said consumption appears to be returning to its trend before Republican tax cuts in late 2017 padded workers' paychecks. "That means the numbers temporarily look terrible," he said in a note. But he added that growing incomes and strong consumer confidence ease his concerns about the outlook.

Other economists noted the partial government shutdown in December and January may have distorted the data, as government workers who weren't receiving paychecks in January likely scaled back spending.

"I do think we're going to get a big bounceback in consumer spending in the spring," said Stephen Stanley, chief economist at Amherst Pierpont Securities.

For the Fed, which has expressed growing frustration with the tendency of inflation to fall short of its 2% annual target, Friday's data likely added to the disappointment.

The central bank's preferred inflation gauge, the personal-consumption-expenditures price index, fell 0.06% in January from December and was up just 1.37% from a year earlier, the smallest gain since September 2016. Stripping out volatile food and energy components, the so-called core PCE price index rose 0.06% from December and 1.79% from January 2018, an 11-month low.

In a healthy economy, inflation sets a baseline for interest rates, and the Fed targets 2% PCE price increases because officials believe that creates room for them to cut rates during a recession. Central bankers also like to have a buffer against deflation, which is viewed as more harmful to growth.

Fed Chairman Jerome Powell last week called global downward pressure on inflation "one of the major challenges of our time."

Still, Fed governor Randal Quarles, speaking in New York on Friday, said he viewed the rise in the core PCE index in January from a year before as "being roughly consistent" with the Fed's 2% inflation target.

Mr. Quarles noted recent signs of slowing U.S. growth but said he remained optimistic about the economic outlook. He endorsed the central bank's expectation that it will hold off on interest-rate increases as officials wait to see how the U.S. economy evolves.

The softening price pressures, which began in November amid a sharp decline in energy costs, became more broad-based in January. Services prices, a PCE component that has tended to support overall inflation, fell monthly in January for the first time since March 2017. January spending and PCE inflation data were delayed a month by the partial government shutdown, and February figures aren't slated to come out until April 29.

That further complicates policy makers' task of accurately gauging the health of the economy at a time when it may be at an inflection point.

"You want to believe this is all transitory," said Diane Swonk, chief economist at Grant Thornton. "The hard part is, we're in a slowdown with less visibility. So it's like being in a storm and having the fog set in. And it could be that we've got calmer waters right on the other side of it, and that's the bet...but until the fog lifts, we can't know that."

Andrew Ackerman contributed to this article.

Write to Paul Kiernan at paul.kiernan@wsj.com and Sarah Chaney at sarah.chaney@wsj.com

(END) Dow Jones Newswires

March 29, 2019 16:23 ET (20:23 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

 

[DepthTrade]

My personal live account, current open positions.

up +1.78%