Month: July 2018

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  US stocks are opened mixed as Nasdaq gets hammered on FB plunge

  Dow up, S&P and Nasdaq down The US stocks are mixed with the Nasdaq getting hammered on Facebooks plunge (down -18.02%). 
  2018-07-26 19:29:12

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  China said to plan retaliation for any amount of US tariffs

  China has been clear lately Bloomberg is reporting that China will retaliate on anything. The thinking is the US has more ammunition than China because[...]
  2018-07-26 19:29:12

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  Lighthizer: Hopefully we're in the finishing stages of a NAFTA agreement

  More NAFTA optimism US trade representative Lighthizer is speaking in Congress. He also notes the US has 31 disputes at the WTO, 10 offensive and[...]
  2018-07-26 19:29:12

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  Morgan Stanley says US GDP growth will be strong, but it won't last

  Friday is the first look at Q2 US GDP The consensus is for 4.2% growth but Trump reportedly told an associate it will be 4.8%.[...]
  2018-07-26 19:29:12

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  Atlanta Fed GDPNow comes in at 3.8%, down from 4.5% for 2Q growth

  US GDP will be released tomorrow at 8:30 AM ET The Atlanta Fed is in with their final estimate for 2Q GDP growth.  They lowered[...]
  2018-07-26 19:29:12

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• 
  GBPUSD breaks trend line. Tests 100 hour MA.

  200 hour MA below  The GBPUSD has broken below a trend line on the hourly chart at 1.3166 now. The price fall has moved to[...]
  2018-07-26 19:29:12

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  AUDUSD "risk on" break on US/EU yesterday is all erased today (and more). USD on the rise.

  Tumbling lower . The AUDUSD rose on "risk on" flows yesterday after US/EU relations improved.  That run higher sent the price above a swing area[...]
  2018-07-26 19:29:12

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  Lighthizer: We're close to finishing negotiations on NAFTA, China will be longer-term problem

  More from Lighthizer ForexLive
  2018-07-26 19:29:12

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  EURUSD cracks to the week's lows

  High for the day got close to the high for the week.   The EURUSD got within 6 pips of the Monday/week high. We just fell[...]
  2018-07-26 19:29:12

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  EURCHF cracking lower with the EURUSDs fall

  Helps to weaken the EUR The EURUSD is lower and so is the EURCHF. That pair stalled at the 200 hour MA earlier in the[...]
  2018-07-26 19:29:12

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