Reuters report on signs of a softening in trade barriers talk, citing two (unnamed) Brazilian officials who participated in a US-Brazil meeting – U.S. government has proposed a quota for tariff-free imports of Brazilian steel
A few bits and pieces in the Russian media on developemnts re Syria Latest: – Russia expects the coordinates of the targets for strikes – So as to exclude the possibility of Russian casualties Earlier:
A snippet from Citi’s latest on Canada and the dollar: – We think one would be loonie not to sell USDCAD – barrier eroded to hawkish signals for a data dependent central bank
Trump says he will sign later today Trump says he will sign a memorandum today that directs the environmental protection agency to cut regulations for manufacturers.
S&P moves closer to 100 day MA The S&P index is trading near new session highs at 2674.72. The price is at 2671.89 currently. Technically, the S&P index is moving closer to its 100 day MAa at 2697.69. That will be a key level on increased buying today/tomorrow.
US allies line up for a retaliatory strike it seems UK PM May’s office is out with some comments regarding Syria The allies are lining up for what should be a targeted retaliatory strike on Syria.
Reiterates comments from WH’s Kudlow The President is reiterating comments from WH advisor Kudlow saying: The market does not like uncertainty. Keeping the China trade issue off tweets and in the negotiation arena is a good/better thing.
US dollar catches a bid The US dollar had been under pressure since the weekly open, before finally managing to find some demand on Thursday. Though the gains were mild, it was perhaps somewhat reassuring to see the dollar push up a bit after economic data in the lead up to Thursday had in many…
Friday the thirteenth, eh? That might quieten down FX markets here in Asia. LIKE WE NEED ANY HELP WITH ! THAT Charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so:
All this week its been a waiting game for Syria and possible missile strikes. Been like … Please forgive me, its Friday …