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The Australian dollar is the weakest performing major currency on the week And this despite the euro’s fall-off-the-cliff moment yesterday. Against the greenback, the aussie has fallen by about 1.8% so far. Lackluster data followed by hawkish guidance by the Fed has helped to push AUD/USD lower but we’re also seeing positive data out of…
The Bank of Japan June policy statement is due today … can they do to the yen what Drahgi did to the EUR? (Short answer is no …. zzzzzzzzz) Preview to come but here is one from earlier:
Lack of key releases today may lead to a subdued trading day Good day, everyone! Hope you’re all doing well as we get into the new European trading day soon. It’s been a bit of a quiet start to things after the euro massacre yesterday by Draghi and the ECB.
Financials continue to suffer The major US stock indices are ending the session with mixed results. The Nasdaq is leading the way. The S&P was up but lagged. The Dow ended the session with a small loss
Forex and Bitcoin news for Asia trading Friday 15 June 2018 – After the huge moves in EUR overnight Asia was pretty much sideways with little direction.. We did get minor follow through for AUD/USD, it dropped under its overnight low and down under (geddit?) 0.7460. A limited move indeed.
With Sarah Sanders Huckabee
This via HSBC’s preview of the oil meetings coming up, OPEC on June 22 and non-OPEC on June 23 Key dates to watch: So, while June 22 is key, there is plenty to come next week in the days ahead.
US Justice Departments look at the Hillary Clinton’s email investigation Needless to say, the report will likely stir up many old wounds and despite the findings, continue the dialogue about Comey, the FBI credibility, the election, Clinton, Trump, etc., etc., etc.
All eyes are on the ECB now as markets hit the pause button Sterling is still the lead gainer on the day after the beat in the retail sales data but has fallen a little with cable now trading at 1.3428 after failing to hold a break above the resistance level at 1.3441 highlighted .