Month: June 2018

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  AUDUSD trades to new lows and is below 100 hour MA

  The bearish story started yesterday. Yesterday, the AUDUSD tested a key trend line at 0.7676 (see post from yesterday ""), and held. That was the[...]
  2018-06-11 06:21:12

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  Heads up for large option expiries still to come in the days ahead

  I posted yesterday on large E UR & yen option expiries still come this week A few more to note, this time for USD/CAD: - Friday[...]
  2018-06-11 02:52:03

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  Response to the RBA: "Dovish tweaks in the June RBA statement"

  A response to the Reserve Bank of Australia yesterday from RBC, in summary, bolding mine: made to the accompanying statement RBA also removed reference to[...]
  2018-06-10 22:10:34

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  ICYMI - ECB meeting in June (14th) will be "live" (Draghi on lead guitar?)

  Bloomberg reported overnight saying its expected European Central Bank monetary policy making Governing Council anticipate holding a discussion on when they intend to cease asset[...]
  2018-06-10 22:10:34

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  China press reports the PBOC may cut RRR, raise MLF, Reverse repo yield

  China Securities Journal via Bloomberg headline More: Liquidity in China's banking system will be tighter in June (large MLFs to mature …. i.e paid back[...]
  2018-06-10 22:10:34

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  EURUSD bounces after break lower fails. Can move higher be maintained?

  Trades at NY session highs The EURUSD was under pressure in the Asian and London morning session. That pressure took the price to and through[...]
  2018-06-10 19:28:45

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  Italy's new PM Conte: We will promote a moderate position on tariffs

  The newest member of the G7 moves to the middle of the tariff debate The newest member of the G7, Italian's PM Giuseppe Conte is[...]
  2018-06-10 19:28:45

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  French presidency source: Trump's proposal on Russia, does not seem "coherent"

  The pot continues to be stirred The UK, Canada and France have come in against. Italy is onboard to the idea. That leaves Germany and[...]
  2018-06-10 19:28:45

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  French priorities are trade, WTO, climate, Iran, Libya

  Private meeting with Trump delayed A French official in President Macrons office is speaking on G7: Finally, the private meeting between Trump and Macron has[...]
  2018-06-10 19:28:45

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  NY Fed sees 3.08% 2Q GDP growth. Down from 3.26% last week

  3Q estimate at 2.89% vs 3.01% last week The NY Fed Nowcast forecast for the 2Q has moved to 3.08% from 3.26% last week. The[...]
  2018-06-10 19:28:45

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