Month: August 2018

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  GBPUSD trades to NY session highs as the European session heads to close.

  Some shorts covering, but already backs off.  The GBPUSD just moved to a new NY session high and in the process moved above the 100[...]
  2018-08-07 18:23:13

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  USDMXN tests the lows from last week....

  Bears are pushing lower The USDMXN is trading near the low from last week at 18.49577. The low today reached to 18.5020.  Earlier in the[...]
  2018-08-07 18:23:13

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  eFX: Morgan Stanley trade of the week... Sell AUDJPY

  Sell with a target at 79. Current price is at 82.32 Currency investors should consider selling AUDJPY this week, advises Morgan Stanley in its weekly[...]
  2018-08-07 18:23:13

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  Can the USDCAD stay above the 100 hour MA?

  Test of the 200 hour MA fizzled The USDCAD once again moved above the 100 hour MA at 1.30099 and that sent the price up[...]
  2018-08-07 18:23:13

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  EURUSD corrects to test trend line/prior close

  Retraces earlier losses The EURUSD has retraced back toward a topside trend line on the hourly chart (at 1.1558), and toward the close from Friday[...]
  2018-08-07 18:23:13

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  Making Sense of Bitcoin: Where is the Price Headed?

  A closer look at Bitcoin and trading it In contrast John McAfee, the founder of the antivirus software, is a fan and sees at $500,000[...]
  2018-08-07 13:29:42

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  Bank of Japan June meeting minutes out now.

  Minutes published now of the June (14 and 15) monetary policy meeting Non event really. The July meeting swept in changes, minutes for those are[...]
  2018-08-07 10:12:56

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  JGBs - it would seem the BOJ has thrown out the rule book

  ICYMI, yesterday the BOJ bought 5-10 Japanese Government Bonds in an unscheduled buying operation - 400bn yen amount Yields had been rising but given the[...]
  2018-08-07 10:12:56

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  PBOC sets USD/ CNY mid-point today at 6.8322 (vs. yesterday at 6.7942)

  People's Bank of China with the onshore yuan reference rate. a big devaluation today Broken record time from me … more devaluation to come as[...]
  2018-08-07 10:12:56

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  RBA monetary policy decision coming up at 0430GMT, preview

  I have posted up some previews of the August Reserve Bank of Australia already, check these out for more: Adding some previews, this via RBC:[...]
  2018-08-07 07:28:55

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