Day: July 6, 2018

• 
  GBPUSD technical update: Swing area held. Correction is modest.

  New Brexit plan being criticized  see post here Now UK's Davis (Brexit Secretary) is saying he opposes May's plan on customs and goods.  PM May[...]
  2018-07-06 18:22:50

---

• 
  USDMXN falls to key support target

  Look for buyers Technically,the price has moved sharply down from the June high at 20.9569. The low today reached 19.1823.  However, the run lower may[...]
  2018-07-06 18:22:50

---

• 
  Riksbank's Skingsley reiterates October or December is still possible for rate increase

  Comments by Riksbank deputy governor Cecilia Skingsley Following the dissent by Floden yesterday, the SEK is now posting further gains against the EUR with EUR/SEK[...]
  2018-07-06 10:09:05

---

• 
  BOJ's Harada: No sign of imbalance in financial markets

  Bank of Japan easing policy is having its intended effect - Need to continue with easing to hit the 2% inflation target - Further easing[...]
  2018-07-06 10:09:05

---

• 
  PBOC intervention in the yuan still making the news

  I posted on Tuesday of the jawboning form the People's Bank of China and the intervention to sell USD and buy yuan:   This news[...]
  2018-07-06 10:09:05

---

• 
  BOJ's Harada says unsurprising if prices rise as jobless rate falls

  Further comments by BOJ board member Yutaka Harada Well, Japan's unemployment rate has steadily fallen - now to 2.2%, the lowest in 25 years -[...]
  2018-07-06 10:09:05

---

• 
  Morgan Stanley EUR/USD trade recommendation (long EUR)

  Morgan Stanley want to buy euro against the US dollar Say to buy dips on the pair, and more specifically: Have a limit order to[...]
  2018-07-06 07:29:02

---

• 
  The 3 currencies reacting most to CNY gyrations

  A client note from TD on the Chinese yuan highlights KRW, THB and SGD react the most  We have been bearish the CNY on the back[...]
  2018-07-06 07:29:02

---

• 
  More on the yuan - China may tolerate more weakness

  A client note from Macquarie (out Thursday) on China and the currency Says the country may be willing to put up with a weaker yuan[...]
  2018-07-06 07:29:02

---

• 
  US President Trump won't be leaking the NFP results - this preview will have to do

  A preview of the non farm payroll report from the BLS for June ForexLive
  2018-07-06 07:29:02

---