Month: August 2018

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  Yen be like "What crisis?, I'm doin' fine thanks!"

  Yen is showing the USD who is boss :-D  USD/JPY is down from 110.90-odd late Friday trade to circa 110.20 as I post Yen is[...]
  2018-08-13 07:29:10

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  China new yuan loans for July 1450bn CNY (expected 1275bn)

  I had been expecting data from China: The beat for new yuan loans comes amid efforts from China to keep the supply of liquidity up,[...]
  2018-08-13 07:29:10

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  ForexLive Asia FX news wrap: TRY, ZAR both sharply lower

  Forex and Bitcoin news for Asia trading Monday 13 August  2018 Early trade in Asia today saw USD/TRY above 7. It has been weakening for[...]
  2018-08-13 07:29:10

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• 
  Economic data coming up in the European session

  A pretty quiet calendar day ahead Fears of contagion is spreading across asset classes and we're seeing EM take a hit, alongside equities as well[...]
  2018-08-13 07:29:10

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  It is still all about the lira as we kick start the new week...

  The major market theme is the collapse in the lira and fears of contagion ForexLive If you account for Friday and today's trading, the lira[...]
  2018-08-13 07:29:10

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• 
  EURCHF dips below channel trend line but break may be failing

  Channel trend line on the hourly chart The EURCHF has been racing lower today. Yesterday, the price found sellers near the 200 hour MA (green[...]
  2018-08-13 06:25:15

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• 
  USDCHF tumbles and reverses. Retests the 200 hour MA.

  Went against the dollar rise, then got back in line The USDCHF tumbles in the US morning session and in the process fell below a[...]
  2018-08-13 06:25:15

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• 
  EURUSD continues the grind lower and looks to test the August low

  August low at 1.1528.The 2018 low is 1.15068 The EURUSD has continued to grind lower and is now a few pips away from the August[...]
  2018-08-13 06:25:15

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• 
  USD/JPY: Sellers in charge as daily support eyed now

  USD/JPY touches a low of 110.68 on the day ForexLive The Japanese Q2 preliminary GDP beat earlier in the day gave the yen a good[...]
  2018-08-13 06:25:15

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• 
  Can dollar bulls capitalise on yesterday's momentum?

  The dollar index posted its best daily close since in more than a year yesterday ForexLive But the highs today remain capped by that we[...]
  2018-08-13 06:25:15

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