Month: July 2018

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  The JPY is the strongest and the CHF is the weakest as NA traders enter

  USD is mostly higher. Activity is limited ahead of US GDP As North American traders enter for the day and traders await the US GDP[...]
  2018-07-30 18:23:28

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  Dollar knee-jerk reaction is a little lower after the GDP

  USDJPY falls. EURUSD rises The US 2Q GDP came in at 4.1% with a revision to the 1Q (they are revising that number).  The GDP[...]
  2018-07-30 18:23:28

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  GBPUSD gets back above the 200 hour MA

  Tests high for the day The GBPUSD is moving back above its 200 hour MA at 1.31092. The price moved below that MA and closed[...]
  2018-07-30 18:23:28

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  EURUSD trades to new session highs

  Moves toward the 50% midpoint  of the recent high low range The 50% of the recent ups and downs comes in at 1.16617. The price[...]
  2018-07-30 18:23:28

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  EUR/USD rises to the best levels of the day (but it's really about the dollar)

  EUR/USD hits a session high Ok, it's only up 13 pips on the day to 1.1656 but the euro was as low as 1.1621 so[...]
  2018-07-30 18:23:28

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  Video: Let's talk about the BOE's struggles and what does Bill Gates not get about cryptocurrencies?

  A short chat between Adam and eToro's senior market analyst, Mati Greenspan The Bank of England is facing some struggles to angle the market towards[...]
  2018-07-30 13:29:48

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  Context is everything when it comes to CFTC positioning data

  Why it's valuable, but not in a vacuum Bloomberg has a bit of a takedown on CFTC positioning data as a contrarian signal of FX moves.[...]
  2018-07-30 13:29:48

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  MUFG CEO says BOJ should consider modifying its inflation target

  Mitsubishi UFJ Financial Group Inc. Chief Executive Officer Nobuyuki Hirano Speaking in an interview in NY: BOJ should consider modifying its inflation target
  2018-07-30 10:10:40

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  10 year Japanese bond yield edges higher again … intervention to come?

  The yield on the benchmark 10 year is heading towards 0.09% (I know, the horror, right?) This could prompt the BOJ in for a special[...]
  2018-07-30 10:10:40

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  Barclays trade of the week is to sell cable (stop, target)

  Barclays trade of the week, the bank likes a short cable Short GBPUSD - target 1.2810 - stop loss at 1.3260 The banks saying a[...]
  2018-07-30 07:29:17

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