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Day: June 29, 2018
June 292018
USD/JPY Tests Uptrend Resumption Post 1992 Japan Jobless Rate Low
Japanese Yen Talking Points: The Japanese Yen was uninspired by lowest jobless rate since 1992 at 2.2% vs. 2.5% Low CPI makes another solid employment beat rather irrelevant for BoJ policy bets USD/JPY is testing uptrend resumption, risk trends to drive Nikkei 225 and thus Yen Just started trading USD/JPY? Check out our beginners’ FX […]
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June 292018
Euro Surges Higher As EU Strikes Eleventh Hour Immigration Deal
EURO, EU IMMIGRATION DEAL TALKING POINTS: The Euro gained sharply on Friday European Council President Donald Tusk announced a late night deal on immigration Markets had feared damaging deadlock Find out what the #1 mistake that traders make is and how you can fix it! The Euro rose sharply on Friday on news that European […]
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June 292018
EUR/USD Strong After EU Immigration Deal
EUR/USD jumped sharply today after the leaders of the European Union reached a deal about immigration. Strong eurozone inflation data also helped the currency pair. Meanwhile, US data was mixed. Both personal income and spending increased in May, by 0.4% and 0.2% respectively. Analysts had predicted a 0.4% rate of increase for both indicators. The April increase of income was revised from 0.3% to 0.2%. The increase of spending also got a negative […]
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