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  1. The Canadian dollar weakened 0.4 percent to...

    The Canadian dollar weakened 0.4 percent to C$1.3164 ahead of an expected interest rate increase by the Bank of Canada. Traders will be scanning the central bank’s comments for the outlook on...
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    During the summit beginning on Wednesday, Pompeo...

    During the summit beginning on Wednesday, Pompeo will meet with counterparts from the U.K., France and Germany, other signatories to the Iran nuclear deal that have opposed the U.S. pullout. He’ll...
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    The U.S. bid to muster European support for...

    The U.S. bid to muster European support for measures against Iran will be a key task for Secretary of State Michael Pompeo as he spends two days in Brussels with Trump at the NATO summit.
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    The initiative was announced by the Central Bank...

    The initiative was announced by the Central Bank of Iran last month to provide foreign currency to importers, who can’t access the central bank’s preferential rate of 42,000 rials, which is available...
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    The market, designed for importers of...

    The market, designed for importers of non-essential goods, started operating on Tuesday. The rate on the first day averaged 80,000 rials to the dollar, the Iran newspaper on Wednesday cited...
  6. Today's U.S. Data Cupboard just has the PPI...

    Today's U.S. Data Cupboard just has the PPI (wholesale inflation index) for June to view today... PPI has really been on a tear, higher that is, so far this year, and I doubt that it took a breather...
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    The euro was dropping from 1.1750 to 1.1675 while...

    The euro was dropping from 1.1750 to 1.1675 while the market wasn't sucked into the ‘sources’ story of the ECB attempting to keep a rate hike on the horizon. Instead, EUR/JPY's slide on sour risk was...
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    Forex today was in a defensive environment,...

    Forex today was in a defensive environment, responding negatively to the Trump administration's planned tariffs.
    USD/JPY broke up out of the 18 month-long channel pattern.
    As the proxy for China...
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    .Forex today was in a defensive environment where...

    .Forex today was in a defensive environment where investors were moving out of risk responding negatively to the Trump administration's planned tariffs which sent markets risk-off in European and US...
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    A major turnaround in the risk sentiment was...

    A major turnaround in the risk sentiment was witnessed across the financial markets in Asia, as risk-off seeped back amid a round of fresh threats by the Trump administration to slap additional...
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    The Foundation for the Study of Cycles presents...

    The Foundation for the Study of Cycles presents “Wealthbuilder Trade Signals Webcast”, a video series that presents the forecast of the market for five big categories – Forex, Currencies, Futures,...
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    The dollar fell from seven-week highs against the...

    The dollar fell from seven-week highs against the yen and the Australian dollar stumbled after Washington announced a plan to slap tariffs on $200 billion of imports from China, escalating tensions...
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    The best method to identify a classic “price...

    The best method to identify a classic “price action reversal” is for an hourly candle to close, such as a pin bar, a doji, an outside or even just an engulfing candle with a higher close. You can...
  14. Forex today was friendly to the euro, and I many...

    Forex today was friendly to the euro, and I many respects, the dollar bulls were let off after a cautionary set of FOMC minutes whereby the minutes provided a more in-depth acknowledgement of...
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