SPX thoughts We’ve now got a little lull before the BoE. Cable is bouncing off and playing out nicely, so let’s briefly turn our focus elsewhere. the intraday level
USD/CAD tracks back down to 1.3000 USD/CAD is just above 1.3000, an area where it’s been chopping around this week. The pair rose as high as 1.3040 earlier but has slipped as oil prices climbed.
June factory orders data Durable goods orders revisions ForexLive
Factory orders includes revisions to durable goods orders Factory orders are forecast to rise 0.7% in June. Here is the . preliminary factory orders report ForexLive
Friday meeting is not to negotiate Brexit An Elysee official is on the wires saying that the Friday meeting between France’s Macron and UK PM May is not a negotiation.
We’ve been down this road, but Ross reminds us that It’s possible Chinese tariffs will “not be cataclysmic” The US stocks are opening with declines on continued trade tensions. The US proposed a 25% tariff on $200B of Chinese goods. Wilbur Ross was on Fox Business and said that its possible Chinese tariffs will not…
Trump proposal ForexLive
Weekly initial jobless claims data ForexLive
Uhhhh, rest easy, I guess ForexLive
European session wrap Key Bank of England Blogs: The rest: Even on a 0.25% rate hike, Cable continues to fall back into the higher time frame levels we discussed. Manage your risk and trade your levels as I hand you over to Adam for the ForexLive US session.