Month: June 2018

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  US May preliminary wholesale inventories +0.5% vs +0.2% m/m expected

  Latest data released by the Census Bureau - 27 June 2018 The data measures the change in the value of the goods held in inventory[...]
  2018-06-27 19:29:02

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  EURUSD below the 200 hour MA. Can it stay below?

  Falling below the 50% too. The EURUSD is moving below its 200 hour MA at 1.16184 and also looking to break the 50% of the[...]
  2018-06-27 19:29:02

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  Cable continues slide toward the June low

  Cable dragged lower by US dollar strength Cable is at the lows of the day, down 75 pips to 1.3150 as the US dollar catches[...]
  2018-06-27 19:27:07

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• 
  The USDJPY moves away from 200 day MA

  Tests 61.8% retracement The USDJPY is moving away from its 200 day MA after breaking above earlier on the CFIUS/trade headlines (thought to be less[...]
  2018-06-27 19:27:07

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• 
  The US stocks are open and the major indices are higher

  Nasdaq leads the way The US stocks are open and the major indices are higher.  In other markets: In the US debt market yields continue[...]
  2018-06-27 19:27:07

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• 
  Oil nears the May high as the climb continues ahead of inventory data

  WTI crude up another 1.8% Oil has been on fire since the OPEC meeting. It's gained nearly $6 to $71.81 in the aftermath of the[...]
  2018-06-27 19:27:07

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  USDCHF runs higher and moves into up and down area

  Moves away from the 200 hour MA The USDCHF is trading at a new session high and in the process is running away from the[...]
  2018-06-27 19:27:07

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  US May pending home sales -0.5% vs +0.5% expected

  US pending home sales for May 2018 The South was responsible for the surprise fall in May with the other regions advancing.
  2018-06-27 19:27:07

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• 
  US Supreme Court rules against unions on mandatory fees

  Union dues case The court ruled that public-sector workers have the right not to pay union dues. It was a 5-4 decision. US unions take[...]
  2018-06-27 19:27:07

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  Barclays boosts Q2 GDP growth to 4.7%

  Back on June 6th they were at 3.5% Barclay's has raised it Q2 GDP tracker to 4.7%.   According to Barclay's, the trade and durable goods[...]
  2018-06-27 19:27:07

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