Trading plan for July 18
Early on Tuesday, the US dollar index was weak
Tag - market forecast
British pay surge speeds down to six-month minimum notwithstanding record employment
UK employees’ pay surge has speeded down to its weakest value for six months notwithstanding record employment, thus contributing to the BoE’s conundrum because Britain’s major financial institution considers whether to have interest rates lifted for…
XAU/USD: gold bets on the double bottom
On the daily chart of XAU/USD, bears have tried to implement the “Shark” pattern
USD/CAD: the CAD plans to storm
On the daily chart of USD/CAD, the “Three drives” pattern keeps forming.
Trade in goods surplus in the EU heads south in May
In May, the euro zone's surplus for products traded with other nations of the world edged down due to the fact that exports slumped and imports rallied, just a month before American duties on EU aluminum and steel came into effect, as official data…
AUD/USD: bulls are counterattacking
On the daily chart of AUD/USD, bears tried to break the important support at 0.7362
NZD/USD: the kiwi drew a pin bar
On the daily chart of NZD/USD, bulls are trying to implement the pin bar
Asia-Pacific equities generally inch up
On Friday, stocks of the Asia-Pacific region mostly tacked on, ramping up revenues from the previous trading marathon, reacting to upbeat signals from Wall Street because market participants shifted their focus to the approaching season of corporate…
American inflation steadily soars
In June, American consumer prices managed to edge up, although the underlying trend kept pointing to a firm buildup of inflation pressures…
American producer prices gain on services and cars
In June, American producer prices went up more than supposed in the face of jumps in the cost of cars, services, thus provoking the greatest annual soar for 6-1/2 years…
American job quits rate reaches 17-year maximum
In May, more American staff members voluntarily left their jobs, as government data revealed on Tuesday…
Dovish rate hike: consequences for the CAD
The weakness of the USD supported the Canadian dollar.
