Economic Data Calls for 7/6/18

by Kathy Lien Here’s what we are looking for in tomorrow’s economic reports (Jul 6, 2018) — Good Luck Trading! 1. GE Industrial Production (2:00 NY Time) No Trade -- Increase...

Today’s Trades 07.05.2018 AUDCHF, EURUSD, CADJPY, USDCAD

All of the major currencies are trading higher this morning on reports that the US and EU could drop their respective auto tariffs. No formal deal has been announced...

Risk FX Ready to Rock in Post Holiday Trade

Market Drivers July 05, 2018 Risk on spurred by US suggestion of zero tariffs on autos All eyes on US data Nikkei -0.78% Dax 1.10% Oil $74/bbl Gold $1253/oz. Bitcoin $6600 Europe and Asia: EUR EZ Retail...

Risk Returns to the FX Market

Market Drivers July 03, 2018 EUR well bid after Mwrkel reaches deal UK PMI Construction Nikkei -0.12% Dax 0.72% Oil $74/bbl Gold $1245/oz. Bitcoin $6600 Europe and Asia: AUD RBA holds at 1.5% GBP UK PMI Construction 53.1...

VIDEO: Renminbi Devaluation Risk in Focus

In this video we look at the USDCNY exchange rate and talk through the top-down view on how the Chinese Yuan could still have a lot further to go...

VantagePoint Forex Weekly Outlook for July, 2nd, 2018

Forex Weekly Outlook for July 2nd, 2018 The Forex Weekly Outlook is designed to help traders remain aware of correlations in the global markets. Traders can become more profitable if...

Economic Data Calls for 7/3/18

by Kathy Lien Here’s what we are looking for in tomorrow’s economic reports (Jul 3, 2018) — Good Luck Trading! 1. RBA Cash Rate Target (00:30 NY Time) No Trade --...

Why is EURUSD not Down More?

Market Drivers July 02, 2018 Global equities sell off weigh on risk UK PMI beats Nikkei -2.21% Dax -0.54% Oil $73/bbl Gold $1248/oz. Bitcoin $6300 Europe and Asia: GBP UK PMI Manufacturing 54.4 vs. 54 North America USD ISM...

Let Plato Design The Perfect Trading System for You

by Boris Schlossberg Plato’s cave is one of the greatest philosophical fictions ever invented. The idea that we don’t truly see the real world but only the mere shadows of...

Economic Data Calls for 7/2/18

Here’s what we are looking for in tomorrow’s economic reports (Jul 2, 2018) — Good Luck Trading! 1. AU PMI Manufacturing (18:30 NY Time) -- Bearish AUD Potential weakness given...

FX Relief Rally as EU Summit Agrees on Migrant Deal

Market Drivers June 29, 2018 EU reaches a deal on migrant issue UK GDP beats Nikkei 0.15% Dax 1.34% Oil $73/bbl Gold $1250/oz. Bitcoin $5910 Europe and Asia: EUR EZ CPI 1.2 vs. 1.4 North America USD core CPE...

AUD/USD Daily: At key retracement support….

AUD/USD Daily: At key retracement support.... 28 June 2018/10:03 .m. ET Key 61.8% support of the 6824 low (Jan '16)/8135 high (Jan '18) is 7325...the pair is now testing that level. ...