Roundup Of The Four Primary Currencies

Always important to check in on the four primary currencies at the start of a new trading week and all on the daily timeframe. First is the JPYX which has...

Promise of Stimulus Helps Steady the Euro

Market Drivers August 19, 2019 EUR rebounds to 1,1100 onn German stimulus talk Risk trades better Nikkei 0.71% Dax 0.84% UST 10Y 1.58% Oil $55/bbl Gold $1507/oz BTCUSD $10750 Europe and Asia: EUR CPI FX markets were steady at...

Will EUR/USD Break 1.10?

It has been a great week for the US dollar which recovered against all of the major currencies with the exception of sterling, which coasted on stronger UK data. The...

Economic Data Calls for August 19, 2019

Here’s what we are looking for in tomorrow’s economic reports (August 16, 2019) — Good Luck Trading! 1. NZ PMI Services & PPI (18:30 ET) Bearish NZD — Potential for...

The Rebound in the Pound Continues

Market Drivers August 16, 2019 EUR hits a 2 week low Pound rises above 1.2100 Nikkei 0.06% Dax 0.96% UST 10Y 1.56% Oil $55/bbl Gold $1507/oz BTCUSD $10000 Europe and Asia: No data USD Building Permits/Starts 8:30 USD U of...

EUR/USD VS. EU-US 2-Yr Spread: Is Spread Leading?

16 Aug 2019/4:34 a.m. ET If the 2-yr Spread (red line) is leading the pair we now have a divergence. And it suggests the cycle low is likely in for...

Which Horse To Ride: Plausible Competing US Dollar Views….

We have two seemingly equally plausible views for the direction of the US dollar; i.e. key juncture time we suspect. Comdols appear relatively cheap, but no doubt would suffer on...

USDJPY Drops as US Data Beats but Fed Still Needs to...

The most important piece of US data scheduled for release this week was retail sales and even though consumer spending doubled expectations, investors shrugged off the news. For our readers,...

Economic Data Calls for August 16, 2019

Here’s what we are looking for in tomorrow’s economic reports (August 16, 2019) — Good Luck Trading! 1. NZ PMI Manufacturing (18:30 ET) Bearish NZD — RBNZ’s 50bp cut suggests...

Data Soothes Risk , But China Aggravates It

Market Drivers August 15, 2019 U Labor beats UK Retail Sales beats Nikkei -1.21% Dax -0.63% UST 10Y 1.56% Oil $54/bbl Gold $1517/oz BTCUSD $9800 Europe and Asia: AUD AU Labor 41.1 vs. 14.0 GBP UK Retail Sales 3.3%...

Economic Data Calls for August 15, 2019

Here’s what we are looking for in tomorrow’s economic reports (August 15, 2019) — Good Luck Trading! 1. AU Employment Report (22:30 ET) Bearish GBP — Labor data likely to...

Trump Delays China Tariffs, How Durable is the Bottom in FX?

Currencies and equities raced higher after President Trump said he would delay tariffs on Chinese imports. He said "We're doing this for the Christmas season. Just in case some of...