Month: June 2018

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  Economic data coming up in the European session

  Eurozone Q1 GDP final reading in focus (but not expected to be market moving) Good day, everyone! Hope you're all doing well as we head[...]
  2018-06-07 07:25:07

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  Australian economist warns higher rates will trigger next recession

  Stephen Walters is Chief Economist for the Australian Institute of Company Directors (AICD), with an alert for Australia  But first, a note … I am[...]
  2018-06-07 07:25:07

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  Forex poll shows most expect USD to lose out to EUR strength (EUR/USD on track for 1.24)

  This the latest FX poll of analysts by Reuters, with expectations of the US dollar to run out of steam. Highlights: More:  
  2018-06-07 07:25:07

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  Full statement of the RBA's June monetary policy meeting decision

  The full statement by the Reserve Bank of Australia At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The[...]
  2018-06-07 07:19:29

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  BOJ's Wakatabe says no specific policy in mind for future use

  BOJ deputy governor Masazumi Wakatabe speaks in parliament Wakatabe is seen as the big dove among the trio of Kuroda, Amamiya, and himself. He's an[...]
  2018-06-07 07:19:29

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  More from Wakatabe: BOJ has many options to exit easy policy

  Further comments by BOJ deputy governor Wakatabe Mainly reiterating what Kuroda has been preaching since forever. He's also trying to reassure the market of any[...]
  2018-06-07 07:19:29

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  Dollar jumps on better US data, but gains are still limited

  A quick summary of the price action The dollar was goosed higher on the back of some decent data.  The PMI, ISM and JOLTs data[...]
  2018-06-07 05:15:45

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  Stocks turn negative. Fall helps to drag the USDJPY lower.

  Nasdaq fail after making new all time highs The Nasdaq - which traded to new all time highs - has reversed and trades in the[...]
  2018-06-07 05:15:45

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  The USDCAD is back up retesting the 100 hour MA and finding some sellers

  100 and 200 hour MA are resistance areas. Good place to sell. The earlier speculation was that Canada could possibly be exempt from tariffs.  That[...]
  2018-06-07 03:26:50

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  Fractional reserve banking is a myth

  It's something that needs to be repeated Some of the smartest professors, economists and traders have no idea about how the banking system works. It[...]
  2018-06-07 03:26:50

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