Macron in Brussels The immigration deal was behind the jump in the euro in Asia-Pacific trading.
Trend line broken at 110.69. The USDJPY is trading at a new session high and in the process is moving above a trend line on the daily chart at 110.69. That trend line connects highs from November 2017, May 2018 and June 2018. Staying above is more bullish.
Chicago-area manufacturing survey for June 2018
Regional manufacturing data to come Most of the US regional manufacturing numbers have been on the soft side this month but the big one — the Chicago PMI — is due up at 9:45 am ET (1345 GMT). The consensus is for a dip to 60.0 from 62.7.
Tests 100 bar MA on the 4-hour The EURUSD is moving to new session highs as the London fixing is minutes away. IN the process, the price is testing the 100 bar MA on the 4-hour chart at 1.1667 – breaking through as I type. The 50% of the June trading range is aheasd at…
Forex news for NY trading on June 29, 2018 In other markets: – Spot gold is trading up $4.90 or 0.30% at $1253.14. Last week, the price closed at $1270.56 For the month, the price is down from $1298 In the US stock market today:
Big slide in the latest results Yikes! The Atlanta Fed GDPNow forecast for 2Q GDP growth has moved down sharply to 3.8% from 4.5% on June 27th. The index has moved down from a peak of 4.8% on June 14th.
Major indices up marginally on the day The major US indices are ending the day positive but well-off high levels: For the week: Today was also the end of the 2Q. For the quarter:
Highlights of the Bank of Canada’s Q2 2018 business outlook survey Survey data: Looking at the details here, this is much more bullish than the initial headline. The BOC is going to hike on July 11 unless there is a major surprise between now and then.
CFTC commitment of traders highlights for the week ending June 26, 2018 The what this position change in the current week was in the Canadian dollar. Shorts in the loonie increased by 19K. This week saw the CAD strengthen at the end of the week after moving to lowest level since June 2017. That