Fx Primus Rebates

GBPUSD tumble turns the trading bias around

Big day lower.  200 bar MA on the 4-hour targeted.. On Tuesday, the price moved to a new year high and to the highest level since Brexit 2016.  On the hourly chart above, that price falied on a break of a topside trend line while those highs were being made.  Bearish. 

Fx Primus Rebates

Mnuchin: Sanctions are a very important tool.

Speaking on Fox New He adds: Pres. Trump decided not to impose additional sanctions against Russia in response to their support of Syria’s chemical weapons attack on civilians.  That ran counter to what UN Ambassador Nikki Haley who said on Sunday that Mnuchin would announce additional sanctions on Monday.  

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Stocks end the session lower. S&P back below 100 day MA.

Nasdaq down -0.78% The US major stock indices are closing lower with the tech heavy Nasdaq suffering the most. The chips stocks did not do well today as Taiwan Semiconductor Manufacturing – a key to partner to Apple and Nvidia – lower their revenue forecast for the 2nd quarter. Morgan Stanley said apples iPhone was…