Fx Primus Rebates

Trump economic official Everett Eissenstat to resign

Everett Eissenstat is the latest to leave the White House He is a top economic adviser  – on trade, international issues  via Politico: Departures at the top of the US administration used to attract yen byers on nervousness – but that response seems to have passed. USD/JPY doing very little, close to the range of…

Fx Primus Rebates

EUR/USD technical analysis – ‘significant support area’

This chart and analysis via Société Générale on the euro against the US dollar EUR/USD: steady rebound EUR/USD has pulled back towards the neckline of a double bottom confirmed last year at 1.1510/1.1450, also the 50% retracement of whole up move since 2017. This is a significant support area. Only a break below will denote a…

Fx Primus Rebates

ForexLive Asia FX news wrap: Yuan a piece of me?

Forex and Bitcoin news for Asia trading Wednesday 27 June 2018 The  People’s Bank of China slashed the price of the onshore yuan at the daily reference rate setting yet again today, providing further evidence for proponents of the ‘weaponized yuan’. There are uncertainties about China using its currency as a tool in the trade…