CurrencyKey Pairs the Hawk Eyeing This Week Bg 7/22 & Trade Ideas
GLOBALTradewars & Growth - take your pick. Will stimulus work or will Trump get his wish of ever lower rates - does this story ever change. Iran maybe?
AUDLong @6975 (11/7) TP 7050 (win) Another long taken @7072 TP 7192
EURLong @1270 (11/7) TP 1380
GBPLong @2530 (11/7) TP 2700
JPYLong$ @108 (11/7) TP 10879 KO'D
CAD
NZD Pass the milk
USDFavoring short $ - cautious on back of growth concern
Gold
WTIlong @ 5617 TP 5950 long @ 5627 TP 5730
ChinaSee below

RSS China Watch

RSS Special Reports

RSS Action Forex Fundamental Analysis

  • US Futures Consolidating – Watch BAC, MS, AAL, DELL, AA July 16, 2020
    The S&P 500 Futures are facing a consolidation after they advanced further yesterday. Later today, the U.S. Commerce Department will release June retail sales (+5.0% on month expected) and May business inventories (-2.3% on month expected). The Labor Department will report initial jobless claims in the week ended July 11 (1.25 million expected). The Philadelphia […]
    Forex.com
  • (ECB) Introductory Statement to the Press Conference July 16, 2020
    Christine Lagarde, President of the ECB, Luis de Guindos, Vice-President of the ECB, Frankfurt am Main, 16 July 2020 Ladies and gentlemen, the Vice-President and I are very pleased to welcome you to our press conference. We will now report on the outcome of today’s meeting of the Governing Council, which was also attended by […]
    European Central Bank
  • US retail sales rose 7.5% in June, ex-auto sales rose 7.3% July 16, 2020
    US retail sales rose 7.5% mom to USD 524.3B in June, well above expectation of 4.8% rise. Nevertheless, total sales for April through June were still down -8.1% from the same period a year ago. Looking at some details, Ex-auto sales rose 7.3% mom, above expectation of 4.5% mom. Ex-gasoline sales rose 7.0% mom. Ex-auto, […]
    ActionForex.com
  • US initial jobless claims dropped to 1.3m, continuing claims at 18.3m July 16, 2020
    US initial jobless claims dropped -10k to 1300k in the week ending July 11, slightly above expectation of 1250k. Four-week moving average of initial claims dropped -60k to 1375k. Continuing claims dropped -422k to 17338k. Four-week moving average of continuing claims dropped -738k to 18272k. Full release here. The post US initial jobless claims dropped […]
    ActionForex.com

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