Day: August 11, 2018

• 
  The breakdown continues: Euro hits a fresh one-year low

  EUR/USD falls even lower I like to keep my technicals simple and a drop below 1.1500 is pretty clear. Meanwhile, there is a head-and-shoulders pattern[...]
  2018-08-11 19:28:56

---

• 
  The breakdown continues: Euro hits a fresh one-year low

  EUR/USD falls even lower I like to keep my technicals simple and a drop below 1.1500 is pretty clear. Meanwhile, there is a head-and-shoulders pattern[...]
  2018-08-11 13:29:46

---

• 
  EURUSD pushes lower as Turkey concerns are a big concern.

  Bank concerns spreading The plunge in the TRY has is rolling over into concerns about European banks. Example... Deutsche Bank stock is down over 6%[...]
  2018-08-11 13:29:46

---

• 
  EUR/CHF breaks support, hits 11-month low

  EUR/CHF falls below the May low There are breakdowns all over the place in the FX market today. The latest is EUR/CHF as it edges[...]
  2018-08-11 13:29:46

---

• 
  US stocks lower in reaction to global risks

  Nasdaq 8 day run in jeopardy The US stocks are opening lower in reaction to the global risks/uncertainty. Financials are leading the way to the[...]
  2018-08-11 13:29:46

---

• 
  PBOC says to deepen market-based interest rate reform

  Comments from China's central bank The comments are in the Q2 monetary policy implementation report. USD/CNY: ForexLive
  2018-08-11 13:29:46

---

• 
  The JPY is the strongest and the AUD is the weakest.

  USD is attacting flows too The JPY and the USD are both attracting flows as there are a lot of global concerns, stocks are weak[...]
  2018-08-11 13:28:05

---

• 
  Erdogan starts another speech

  Lets see what he comes up with next So far the strategy of begging people to buy the lira isn't working. USD/TRY is at 6.37.[...]
  2018-08-11 13:28:05

---

• 
  Erdogan: Ignore forex prices, we are in love with Turkey's people

  Love doesn't pay the bills Meanwhile the Istanbul Chamber of Commerce is calling for urgent measures on the currency, saying it's at a point where[...]
  2018-08-11 13:28:05

---

• 
  GBPUSD rebounds after break(s) failed

  Modest rebound Yesterday, the GBPUSD fell below a trend line on the daily chart. Today the underside of that trend line was tested at the[...]
  2018-08-11 13:28:05

---