Freeland comments Looks like we won’t get much from Freeland here. She’s basically saying that they ignore Trump’s comments. ForexLive
How did August seasonal trades fare? At the start of the month, I based on historic patterns. I will have the September trades up shortly. outlined four seasonal trades How did they do? Lets have a look.
AUD/USD breaks the August low The Australian dollar broke the August low to the worst levels since the first days of 2017. The 20-month low comes on the heels of Westpac raising mortgage rates because of higher global yields. In turn, that makes an RBA hike next year less likely and raises the possibility of…
Moving toward unchanged on the day The EURUSD is moving lower and in the process moved to test a: The low reached 1.1629. The price has seen a modest bounce to 1.1636 currently.
Freeland speaks to reporters before today’s meeting ForexLive
The outlook darkens Trump was all over the news yesterday but his comments on the EU were an absolute, dead giveaway tell that he’s not looking for trade deals, but fights.
Euro loses ground Month end models predicted US dollar selling but that hasn’t been the case so far. Or it was the case in the middle of the week and now it’s unwinding. Part of that is risk aversion as US equity futures hit session lows.
Canada July industrial product price All the numbers are a bit on the hot side but that’s not going to save the Canadian dollar with all the focus on NAFTA. ForexLive
It’s not like the IMF has ever let Argentina down before Argentina’s peso is up 0.85% today in a largely-quiet day in emerging market FX.
Charges filed by US attorney Sam Patten, an associate of Paul Manafort, was changed by the US attorney in Washington for failing to register as a foreign agent.