Day: June 4, 2018

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  US April factor orders -0.8% vs -0.5% expected

  US April factory orders and revisions to durable goods orders - Prior +1.6% (revised to +1.7%) - Orders up 8.3% y/y Durable goods orders revisions[...]
  2018-06-04 23:25:09

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  AUDUSD trends higher today. Stalling near resistance area. Can that resistance area hold now?

  The 0.7649-59 stalls the rally The AUDUSD is trending higher in trading today and has stalled near a swing area and the 61.8% of the[...]
  2018-06-04 23:25:09

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  ECB rate hike bets are trickling back in

  Money markets now fully price in a 10 bps rate hike by the ECB in Q3 2019 The probability of a rate hike in June[...]
  2018-06-04 23:25:09

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  Merkel and Draghi said to have an 'exchange of views' earlier today

  German chancellor Angela Merkel and ECB president Mario Draghi had private talks in Berlin today A German government spokesman said the meeting is not public[...]
  2018-06-04 23:25:09

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  ForexLive European FX news wrap: Aussie extends gains after data beat, dollar stays subdued

  Forex news from the European trading session - 4 June 2018 Headlines: Markets: - AUD leads, USD lags on the day - European equities higher[...]
  2018-06-04 23:25:09

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  UK said to be ready to publish Brexit plan for Irish border

  According to Bloomberg Expect this to be a bunch of hooblah in which the UK government throws a handful of things at the EU and[...]
  2018-06-04 23:25:09

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  US industry is on the economic calendar today

  Economic data coming up Happy Monday everyone. The euro is near the best levels of the day as worries about Italy and Spain fade. The[...]
  2018-06-04 23:25:09

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  Fed approves motions to move forward on new Volcker rule proposals

  Powell, Brainard and Quarles spoke at hearing If you're bored by regulation, you're not the only one. Brainard is seen here checking out the ceiling[...]
  2018-06-04 23:19:31

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  PBOC sets USD/ CNY reference rate for today at 6.4144 (vs. yesterday at 6.4207)

  People's Bank of China onshore yuan reference rate PBOC to inject - 90bn yuan through 7 day reverse repos - 60bn 14 dayers - 70bn[...]
  2018-06-04 23:19:31

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  SNB's Zurbruegg says currency market situation is 'fragile'

  Comments by SNB vice president Fritz Zurbruegg Now, where have we heard this before? Oh right, Jordan made the two days ago. Pfft. exact same[...]
  2018-06-04 23:19:31

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