Month: July 2018

• 
  China vice trade minister says talks will be pointless if US does not keep its word

  Not exactly friendly comments from China's vice trade minister ForexLive
  2018-07-12 18:23:33

---

• 
  Irish foreign minister: A 'no deal' Brexit is a 'very, very unlikely outcome'

  He's optimistic It's so tough to try to get a sense on where negotiations really are. Barnier yesterday said a deal was 80% agreed. Meanwhile,[...]
  2018-07-12 18:23:33

---

• 
  WTI cracks the 50% retracement of the June/July rally

  Half the gain is gone Where have all the oil bulls gone? Crude is down 91-cents today to $69.46 and touched $69.37 at the lows.[...]
  2018-07-12 18:23:33

---

• 
  Move over Big Mac, now its the Latte Index of currency valuation

  The Wall Street Journal has put together a , using purchasing-power parity (PPP) (i.e. comparing the cost of the same good in different countries) - to[...]
  2018-07-12 13:29:38

---

• 
  Here is the rundown on the new set of regulations coming to European forex trading

  European Securities and Markets Authority lowers leverage The wild-west days of trading in foreign exchange are slowly being curbed. At one point, 200:1 leverage was[...]
  2018-07-12 13:29:38

---

• 
  March is done and dusted. What can we look forward to in the EURUSD in April?

  Something more than what we experienced in March? It is month end/quarter end for most traders.  Good Friday is today and most traders are taking[...]
  2018-07-12 13:29:38

---

• 
  China press report a PBOC adviser says room for further liquidity injections

  Economic Information Daily (via Bloomberg ) I'm guessing the further liquidity injection could come in the form of another RRR cut, but the PBOC has other[...]
  2018-07-12 10:09:04

---

• 
  PBOC sets USD/ CNY central rate at 6.6259 (vs. yesterday at 6.6393)

  Onshore yuan reference rate for the day, Tuesday 10 July 2018. Set stronger (for the CNY) than Monday. - PBOC skip OMOs today - Net[...]
  2018-07-12 10:09:04

---

• 
  Bank of Canada meet this week - preview

  The BoC meet on Wednesday this week, 11 July 2018 Here is a sneaky and extensive early preview Comes via the folks at Bank of[...]
  2018-07-12 10:09:04

---

• 
  ECB's Nowotny says nobody today expects the Eurozone to implode

  Further comments by ECB member Ewald Nowotny on the day - Balance sheet of ECB will stay substantial - Will remain active in markets to[...]
  2018-07-12 10:09:04

---