Day: July 16, 2018

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  New Zealand services PMI for June: 52.8 (prior 57.3)

  A sharp slowing for the reading from the NZ Performance of Services Index in the month - Down 4.5 points from May …. Ok down 4.3[...]
  2018-07-16 19:27:07

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  What to expect in the China data today - GDP, industrial production + more

  More a heads up than a preview, this via Nomura: We expect China's real GDP growth to slow in Q2 after staying stable for the[...]
  2018-07-16 19:27:07

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  The USD had a topsy turvy Friday, is the momentum gone?

  Dollar index gets rejected by the resistance "air pocket" ForexLive The rebound in the dollar met a reality check on Friday as sellers in North[...]
  2018-07-16 18:23:35

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  GBP/USD touches session high as big week lies ahead

  This is the make or break week for expectations of an August BOE rate hike ForexLive Cable continues to hug the area between the 100-hour[...]
  2018-07-16 18:23:35

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  Chart in focus: CAD/JPY. Hawkish BOC and Yen weakness

  CAD/JPY Last week the Yen ended up one of the weakest currencies. Although President Trump announced an additional $200 biliion dollars on China imports  there[...]
  2018-07-16 18:23:35

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  EUR/USD breaks 1.1700 as buyer seek to turn the tide

  EUR/USD touches a high of 1.1707 on the day ForexLive And the hourly close @ 1.1702 is just above the 200-hour MA (blue line) @[...]
  2018-07-16 18:23:35

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  The NZD is the strongest. The USD is the weakest as the NA day starts

  The EURUSD and GBPUSD is higher, the USDJPY is little changed As the North American day begins, the NZD is the strongest, while the USD[...]
  2018-07-16 18:23:35

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  GBPUSD trades up to MAs. New session highs.

  Lots of overhead resistance  The GBPUSD moved up through channel trend line and the 38.2% and the close from yesterday all around the 1.3202 area. [...]
  2018-07-16 18:23:35

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  Chart in Focus: NZD/USD daily. USD strength, NZD bearish outlook

  NZD/USD One chart that is worth looking at today is the NZD/USD chart. If, like me, you are a little confused with the huge rally[...]
  2018-07-16 18:23:35

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  Cable falls to session low as sellers threaten break

  GBP/USD slips to a low of 1.3160 ForexLive It's early days in European trading but we're seeing some flows out of sterling and that is[...]
  2018-07-16 18:23:35

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