The Canadian dollar and Mexican peso are rallying on hopes of an early NAFTA deal

  • The White House wants to reveal a preliminary NAFTA framework by mid-April.
  • The loonie was up 0.91% versus the dollar Tuesday morning, and the peso advanced 0.25%.

Canadian and Mexican currencies pared losses against the dollar Tuesday following news that President Donald Trump was pushing for a preliminary North American Free Trade Agreement deal to be ready as soon as mid-April.

The Canadian dollar — also known as the loonie — gained 0.95% to 1.2792 per US dollar as of 11:55 a.m. ET. The Mexican peso also strengthened, advancing 0.25% to 18.1979 per US dollar.

Sources familiar with the talks said the White House wants to unveil an updated NAFTA agreement at an April 13 summit in Peru, Bloomberg reported on Monday, easing some anxiety about a potential US exit from the pact. Read More @ http://markets.businessinsider.com/currencies/news/nafta-deal-hopes-have-canadian-dollar-and-mexican-peso-trading-higher-2018-4-1020361216

Wall St. climbs as Amazon jumps, S&P rises past key support

The three major U.S. stock indexes ended higher after a choppy session on Tuesday as investors looked forward to earnings season while the S&P 500 pushed above a key support level and Amazon.com shares jumped on hopes that criticism from President Donald Trump would not translate to policy changes. Read More @ https://www.reuters.com/article/us-usa-stocks/wall-st-climbs-as-amazon-jumps-sp-rises-past-key-support-idUSKCN1HA1G1?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28Business+News%29

WHAT IS THE USD INDEX SAYING?

The USD is back to $90 once again but shy away from going any higher; tonight ADP & OI INVENTORIES data will create some volatility for the USD. Trump & China issues on IP & Tariffs also dominates the USD.  We maintain SELL for the USD.

TODAYS NEWS THAT MIGHT AFFECT YOUR TECHNICAL TRADES.

  1. 9.30am – Australia retail sales data – expected to be good – We stay neutral for AUD till NFP.
  2. 9.45am – CAIXIN services PMI – Which also expected to be good – AUD & NZD will have some good volatility. We also maIntain SELL for USDCNH.
  3. 4.30pm – UK will release construction PMI – which is expected to be good – we maintain BUY for GBP.
  4. 5.00pm – Be ready for EUR volatility – CPI data is expected to be good – we continue to maintain BUY for EURO.
  5. 8.15pm – ADP – Employment Change – We are expecting good data, however we maintain SELL for USD.
  6. 1030pm – Crude Oil Inventories – expecting the oil inventory to fall; Oil is a Buy.

Overall the market will consolidate till NFP on Friday be cautious and trade safely with good money management.

High Risk Investment Warning:

Please note that Forex and other leveraged trading involves significant risk of loss, It is not suitable for all traders and you should make sure you understand the risks involved, it is recommended that you seek an independent advice, if necessary

 

18 Comments
  1. storno brzinol 4 months ago

    Whats up very cool web site!! Man .. Excellent .. Superb .. I’ll bookmark your web site and take the feeds also…I’m glad to seek out numerous helpful information right here within the post, we want develop more techniques on this regard, thanks for sharing.

  2. Some genuinely excellent articles on this site, thank you for contribution. “The difference between fiction and reality Fiction has to make sense.” by Tom Clancy.

  3. your web hosting 2 months ago

    Aw, this was an incredibly nice post. Finding the time and actual effort
    to generate a very good article… but what can I say… I procrastinate a lot and never seem to get nearly anything done.

  4. http://t.co/zJCfXFs1I1 2 months ago

    Great web site you have here.. It’s hard to find high quality writing like yours these days.
    I seriously appreciate people like you! Take care!!

  5. t.co 2 months ago

    Pretty! This was a really wonderful post. Thank you for providing this info.

  6. scoliosis surgery my 2 months ago

    Hi, i think that i saw you visited my website thus i got here to return the want?.I am trying to to
    find things to improve my website!I guess its adequate to use
    a few of your concepts!!

  7. tinyurl.com 2 months ago

    Hi there this is kind of of off topic but I was wanting to know
    if blogs use WYSIWYG editors or if you have to manually code with
    HTML. I’m starting a blog soon but have no coding skills so I wanted to get guidance from someone
    with experience. Any help would be greatly appreciated!

  8. j.mp 2 months ago

    Way cool! Some very valid points! I appreciate you penning this post plus the rest of the website is also very good.

  9. bit.ly 2 months ago

    I always used to read article in news papers but now
    as I am a user of internet thus from now I am using net
    for articles or reviews, thanks to web.

  10. Aw, this was a really good post. Spending some time and actual effort to
    make a great article… but what can I say… I put things off a whole lot and don’t manage to get nearly anything done.

  11. http://app.gumroad.com 2 months ago

    Very nice article, exactly what I wanted to find.
    asmr https://app.gumroad.com/asmr2021/p/best-asmr-online asmr

  12. a quest bars 1 month ago

    My family members all the time say that I am wasting my time here
    at net, but I know I am getting know-how everyday by reading such fastidious posts.
    quest bars http://j.mp/3C2tkMR quest bars

  13. j.mp 1 month ago

    I think that is among the most important info for me. And i’m glad studying
    your article. But want to observation on some general things, The site taste is perfect, the articles is in reality
    great : D. Just right activity, cheers cheap flights http://1704milesapart.tumblr.com/ cheap flights

  14. http://bit.ly/ 1 month ago

    Just want to say your article is as astounding. The clearness in your
    post is just nice and i can assume you’re an expert on this subject.
    Fine with your permission allow me to grab your feed to
    keep updated with forthcoming post. Thanks a million and please continue the rewarding work.
    scoliosis surgery https://0401mm.tumblr.com/ scoliosis surgery

  15. coub.com 1 month ago

    When I initially commented I clicked the
    “Notify me when new comments are added” checkbox and now each time a comment is added I get several e-mails with the same comment.

    Is there any way you can remove people from that service?
    Cheers! scoliosis surgery https://coub.com/stories/962966-scoliosis-surgery scoliosis surgery

  16. www.iherb.com 1 month ago

    Terrific work! That is the type of information that are supposed to be shared around the net.
    Disgrace on Google for now not positioning this publish higher!

    Come on over and visit my site . Thank you =) quest bars https://www.iherb.com/search?kw=quest%20bars quest bars

  17. Best view i have ever seen !

  18. j.mp 3 days ago

    I have been exploring for a little for any high-quality articles or blog
    posts in this sort of house . Exploring in Yahoo I at last stumbled upon this web site.
    Studying this info So i am satisfied to convey that
    I’ve an incredibly just right uncanny feeling I found out exactly what I needed.

    I such a lot indubitably will make certain to don?t disregard
    this website and provides it a glance on a continuing basis.
    https://parttimejobshiredin30minutes.wildapricot.org/ part time jobs
    hired in 30 minutes

Leave a reply

Your email address will not be published. Required fields are marked *

*

CONTACT US

We're not around right now. But you can send us an email and we'll get back to you, asap.

Sending

FINWAZE makes no representations or warranties, express or implied, in relation to this website (www.finwaze.com) or the information and materials provided on this website. It does not also warrants that this website will be constantly available or available at all times. The information on this website is complete, true, accurate or non-misleading. Nothing on this website constitutes, or is meant to constitute, advice of any kind. FINWAZE shall not be liable for any damage or injury, whether direct or indirect, that it may cause in relation to the contents of, or use of, or otherwise in connection with this website. By using this website, you agree to the reasonableness of the limitations of liabilities herein set out and further agree to assume whatever risk, loss, damage or injury in may cause in connection to the use of this website. No claims shall be brought personally against the officers and employees of FINWAZE, in connection with the use of this website. The user of this website agree to the limitations of warranties and liabilities herein set out to protect the officers, employees, agents, subsidiaries, successors, assigns and sub-contractors as well as FINWAZE. Any unenforceable provisions that may be found on this website under applicable law shall not affect the enforceability of the other provisions.

Legal Documents  |  ©2021 Finwaze Philippines

Pin It on Pinterest

Share This

Log in with your credentials

Forgot your details?