Month: August 2018

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  USDJPY moves below swing/break level from yesterday

  Concerns about tariffs... The USDJPY has moved below the swing/break area from yesterday at the 111.54-59 area.  That weakens the bull run from yesterday and[...]
  2018-08-02 01:28:09

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  US dollar lower on FOMC decision and tariff talk

  A lot of weight being put on the FOMC decision There wasn't anything overly hawkish in the FOMC statement and maybe that's a reason to[...]
  2018-08-02 01:28:09

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  Crude oil futures settle at $67.66

  Down -$1.10 or -1.6%  The price of crude oil is settling at $67..66 today. That is down -$1.10 or -1.6%.  The high for the day[...]
  2018-08-02 01:28:09

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  Canada light vehicle sales fall 3.6% in July from a year earlier

  Not a great sign on Canada, or autos US auto sales have also been on the soft side today. ForexLive
  2018-08-02 01:28:09

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  Forex seasonals: Four trades for August

  Seasonal trends this month 1) Not a great time Down Under August has been a tough month for the Australian dollar. Since 2005, it's only[...]
  2018-08-02 01:28:09

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  The Nasdaq is leading the way and trying to take some of the "bear" out today.

  Close above the 200 hour MA at 7711.73, but tariff news ahead. Tesla earnings after the close. The Nasdaq has been under pressure since the[...]
  2018-08-02 01:28:09

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  Waiting on the Trump tariff announcement

  Trump to hold conference call There will be no video, or grand announcement. Instead Trump will hold a conference call at 3:30 pm ET with[...]
  2018-08-02 01:28:09

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  US stocks end the session mixed. Nasdaq outperforms.

  Apple's surge the highlight today Apple rose 5.89% on the day after better than expected and that helped the tech heavy Nasdaq shares.  The Nasdaq[...]
  2018-08-02 01:28:09

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  US July total vehicle sales at 16.77m rate vs 17.24m in June

  Sales fall in July The fall was somewhat expected but it wasn't forecast to be weak. The numbers are seasonally adjusted and annualized. that ForexLive
  2018-08-02 01:28:09

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  Economic calendar due from Asia today

  The data calendar is sparse but we do have a speech from a Bank of Japan deputy governor which should provide even more detail on[...]
  2018-08-02 01:28:09

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