Commitment of traders report for the week ending Sept 11, 2018. – EUR long 11K vs 8K long last week. Longs increased by 3K in – GBP short 61K vs 70K short last week. Shorts trimmed 9K
White House statement cited by Reuters The White House says the President has been clear that he and his administration will continued to take action to address China’s unfair trade practices.
The GBP was the strongest. The JPY was the weakest. The trading week is coming to an end, and that means it is time to crown the strongest and weakest of the major currencies.
San Francisco Fed promotes from within Mary Daly will be the next President of the San Francisco Fed, taking over from John Williams who will lead up the New York Fed.
Big jump in the current estimate The Atlanta FedGDPNow estimate has risen to 4.4% from 3.8% last. In their own words: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2018 is on September 14, up from 3.8 percent on September 11. The nowcast of third-quarter real personal…
USD/CAD up 40 pips today A broad rally in the US dollar has lifted USD/CAD to 1.3040 today after opening the day just below the big figure and touching a low of 1.2983 in Asia.
Tough nut to crack on a test. The EURJPY moved to the highest level since August 1 today at 131.10. At the highs, the pair tested the 200 day MA at 131.079 and the 50% retracement at 131.055.
How did you get into trading? Why do you continue to trade? Do you enjoy it? So, why did you choose trading of all things? If you missed the content from my earlier post, I compared trading to constructing a building and I elaborated on how it continues to fill my passion for playing video…
ESMA requires brokers to show the % of winners to losers New ESMA regulations are now requiring EU regulated brokers to report data on trader success and failure. More specifically, they must report the aggregate % of winners and losers of their client base.
Tokyo’s main index closes near the highs for the day – Session high 22,858.41 – Session low 22,643.88 ForexLive Japanese stocks have pushed higher on the day on the back of improved risk sentiment as China and US are set for another round of trade talks. Regional equities are also higher and that is helping…