Month: June 2018

• 
  US stocks open higher but off pre-market high levels

  Major indices open higher The US stock markets are open and the major indices are up. - The S&P is up 6.6 points or 0.25%[...]
  2018-06-06 19:25:10

---

• 
  Stocks retreat and so does USDJPY

  Nasdaq down. S&P back to unchanged The US broader indices have give up their gains. The Nasdaq is down about -9 points now. The S&P[...]
  2018-06-06 19:25:10

---

• 
  AUDUSD higher and testing a key trend line at 0.7676

  Look for sellers to lean against the level with stops above. The AUDUSD is higher today and is up testing a key trend line on[...]
  2018-06-06 19:25:10

---

• 
  BOE's McCafferty: Slower investment due to Brexit talks

  McCafferty on LBC Radio Kinda stating the obvious. - Low interest rates are likely to be with us for a quite significant period of time[...]
  2018-06-06 19:25:10

---

• 
  GBPUSD chops but chops higher. What would hurt the higher story?

  Approaches a topside target area The best way to characterize the GBPUSD trading is a chop higher. The price has moved higher but there are[...]
  2018-06-06 19:25:10

---

• 
  European stocks end the session with modest gains

  Spain's Ibex leads at +0.7%. France's CAC falls -0.1% The European major stock indices are ending the session with modest gains (mostly). - German Dax[...]
  2018-06-06 19:25:10

---

• 
  PBOC sets USD/ CNY reference rate for today at 6.4157 (vs. yesterday at 6.4208)

  People's Bank of China  In Open Market operations: Net drain of 30 bn yuan
  2018-06-06 19:18:43

---

• 
  Another on hold decision expected from the RBA today - preview

  The Reserve Bank of Australia June monetary policy announcement and statement is due today - At 0430GMT I posted a preview here earlier: Another few[...]
  2018-06-06 19:18:43

---

• 
  The GBP is the strongest. The AUD is the weakest as NA traders enter

  The USD is mixed as North American traders start their day As the North American session begins, the GBP is the strongest on the back[...]
  2018-06-06 17:15:40

---

• 
  EURUSD trades to new session lows. Stalls at 200 hour MA.

  The pair moves back between the 100 and 200 hour MA The EURUSD has moved to new session lows and now trades between the 100[...]
  2018-06-06 17:15:40

---