Month: August 2018

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  CFTC Commitments of Traders: Euro longs pack it in

  Commitment of traders report for the week ending Aug 14, 2018 - EUR short 2K vs 11K last week. - GBP short 61K vs 59K[...]
  2018-08-19 19:27:07

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  Mexico economy minister says hopes a NAFTA breakthrough can happen shortly

  Comments from Guajardo Guajardo was asked if a breakthrough was reached at NAFTA talks and said that several more items must still be resolved but[...]
  2018-08-19 19:27:07

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  Elon Musk didn't do himself any favors in New York Times interview

  Tesla shares down more than 6% Shares of Tesla are in freefall today as the wade into the post-earnings gap, trading down $24 to $311.[...]
  2018-08-19 19:27:07

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• 
  Euro rises to the best levels of the day

  Highest since Tuesday The euro crossed over the early European session high of 1.1419 and hit 1.1422 in a fresh highs since Tuesday. It's a[...]
  2018-08-19 19:27:07

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• 
  Another tough week wraps up for European equity markets

  Closing changes on Friday for the main bourses: On the week: A look at the Italian market shows the breakdown to the lowest since May[...]
  2018-08-19 19:27:07

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• 
  More from China's NDRC as the onshore yuan slides even lower

  The People's Bank of China devalued the onshore yuan again today at the refence rate setting Taking USD/CNY to its highest (and thus lowest for[...]
  2018-08-19 10:12:56

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• 
  The Carney cross was the best FX trade this week

  GBP/CAD shorts were the trade of the week The Canadian dollar was the top performer this week, largely due to today's strong CPI report in[...]
  2018-08-19 07:27:06

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  Australian dollar rises to the best levels of the week on hope for US-China deal

  AUD/USD up 44 pips to 0.7305 It's been a rough ride for the Australian dollar as it fell to 0.7200 from 0.8140 at the start[...]
  2018-08-19 07:27:06

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• 
  Crypto finishes the week on a strong note

  Ripple leads the way with a 15% gain The chart doesn't paint the prettiest near-term picture but a massive gain is a massive gain and[...]
  2018-08-19 07:27:06

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• 
  Oil set for seventh consecutive week of declines

  Oil nearing the June lows WTI crude oil hasn't fallen for seven consecutive weeks since 2015 but unless there's a miracle $2 rally in the[...]
  2018-08-19 07:27:06

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