President Trump on twitter again, this time on NATO funding ….And add to that the fact that the U.S. pays close to the entire cost of NATO-protecting many of these same countries that rip us off on Trade (they pay only a fraction of the cost-and laugh!). The European Union had a $151 Billion Surplus-should…Details
Continuing the series of tweets from US President Trump on trade matters Trump taking it up a notch this time with talk of enemies Sorry, we cannot let our friends, or enemies, take advantage of us on Trade anymore. We must put the American worker first!Details
The USD/JPY move lower at the beginning of the very early Asia session has been full reversed and then some. USD/JPY has been as high as above 109.70 (briefly).
Forex and Bitcoin news for Asia trading Monday 11 June 2018 US President Trump made nice at the face to face G7 meetings but once he was back safely on his plane he started with bully tweets again. Initially it was attacks on Canadian Prime Minister Trudeau:Details
A light day in terms of key events ahead of the major happenings this week Good day, everyone! Hope you all had a good weekend and that you’re all pumped up for the new week. It’s going to be quite the week with the Trump-Kim summit, FOMC meeting, ECB meeting, and BOJ meeting all yet…Details
The USD remains in the middle of the the majors The CHF is the strongest and the AUD is the weakest near the start of the North American session. The USD is mostly lower but modestly. The EUR is mostly higher as it continues to ride the exit QE idea.Details
Tests swing area The EURUSD has continued the grind higher, and moves toward the 38.2% retracement of the move down from the April high at 1.1854 and the 200 bar MA on the 4-hour chart at 1.18619. The high has extended to 1.18395 so far today.Details
The pesky 200 day MA above and the 100 bar MAs below Near the close of the day yesterday, I posted a video on the USDJPY. I spoke to the 200 day MA above and the 100 bar MA on the 4-hour chart below. You can watch that video here (it is still relevant).Details