Day: June 21, 2018

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  EUR/USD erases losses as the US dollar skids on soft manufacturing data

  US dollar stumbles The US dollar is lower after the Philly Fed fell to a one-and-a-half year low of 19.9. That was much worse than[...]
  2018-06-21 19:27:07

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  The USDJPY moves below converged 100 and 200 hour MAs

  Back down testing the 200 day MA The tumble in the Philadelphia Business index, has sent the USDJPY lower. Earlier today, the 100 hour MA[...]
  2018-06-21 19:27:07

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  US FHFA April house price index +0.1% vs +0.5% m/m expected

  April US house price data US housing has been sluggish since the start of the year.
  2018-06-21 19:27:07

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  Fed's Kashkari: No signs of overheating in the economy

  Speaking in Minneapolis HE adds: Kashkari is more of a dove and he is not a voting member in 2018. 
  2018-06-21 19:27:07

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  The US stocks are opening mixed. Nasdaq leads.

  Intel CEO resigns.  The US stock market is opening mixed with the Nasdaq higher. The S&P near unchanged and the Dow down.   Intel is a[...]
  2018-06-21 19:27:07

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  USDCAD momentum higher slowing? Be on the lookout.

  Lower channel trend line breached but no run.  Lower topside trend line stalls. Looking at the hourly chart of the USDCAD, the pair is showing[...]
  2018-06-21 19:27:07

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  The EU consumer confidence and US leading index at the top of the hour.

  MInor releases We will get an unusual EU indicator released at the top of the hour.  The consumer confidence for June will be released with[...]
  2018-06-21 19:27:07

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  EU consumer confidence for June (preliminary) comes in at -0.5 vs. 0.0 expected

  Prior month was positive at 0.2. The Eurozone consumer confidence unexpectedly fell in June.  The expectations were for a 0.0 reading. It came in at[...]
  2018-06-21 19:27:07

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  US leading index for May +0.2% vs. +0.4% expected

  April showed a 0.4% gain The May US leading index came in at +0.2% versus 0.4% expected.  The prior month showed a 0.4% gain.
  2018-06-21 19:27:07

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  More Kashkari: Unclear whether tax cuts will lead to longer term economic growth

  Speaking in Minneapolis
  2018-06-21 19:27:07

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