Wednesday , September 20 2017

Daily Archives: September 6, 2017

FxWirePro: AUD/USD drifts in non-directional, popping up with back-to-back spinning top and shooting stars, consolidation phase remains intact

AUDUSD has seemingly moved in non-directional trend after brief downtrend in the recent past. Consequently, bears have managed to show their effects by forming shooting star and spinning top patterns on daily terms (refer rectangular area on daily chart). The strong support is tested at 0.7875 levels. For now, we …

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MACRO VIEW COLUMNS: CORRECT: T-Bill Flags Severity of Trump’s Challenge

(Bloomberg) — (Corrects spelling of ex-president’s name in second bullet point) The latest four-week bill auction was arguably the scariest since the lead-up to the 2008 crisis, underscoring just how concerned investors are that President Donald Trump and Congress will fail to resolve cleanly the regular debt-ceiling jeopardy that the U.S. …

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EUROPE DAYBOOK: EUROPEAN DAYBOOK & OVERNIGHT: Euro-Area Retail PMI, German Bonds

(Bloomberg) — Euro-area August retail PMI data due. Swiss government holds regular meeting. Germany to sell bonds. WHAT TO WATCH: TOP OVERNIGHT NEWS: May in Double Brexit Trouble as EU, Labour Raise Obstacles China’s HNA Explored Buying a Major Stake in Allianz, SZ Reports Other News: CEO’s Dream of Giant Supplier …

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THE ASIA FX/RATES DAYBOOK: FX/RATES DAYBOOK ASIA: Haven Bid Boosts Treasuries as USD Drops

(Bloomberg) — Pent-up anxiety over the U.S. holiday weekend translated into a risk-off mood on Tuesday, as North Korean concerns persisted and Hurricane Irma advanced towards the Florida coast. Treasuries rallied amid a flight to safety, while the dollar dropped ahead of key BOC and ECB meetings this week. WHAT …

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