Trump: We are going to put a 25% tariff on every car from the European Union

Dollar heads lower a day after Trump rips Fed and calls China and EU currency manipulators


Today the USD will decide to break or not to break the $95 when the FOMC release their minute tomorrow early morning at 230am – Hong Kong Time. $94 is the support and $97 is the resistance.


  1. 6.45am – NZ retail sales have out formed the analyst – NZD bullish early morning.
  2. 9.30am – Australia Construction work done – out performed the analyst but price remains calm.
  3. 11.10am – RBA Gov Debacle speaks – expect volatility for AUD.
  4. 8.30pm – Canada will release their Core Retail sales and is expected to be weak but we think otherwise – we believe is going to be good and we Buy CAD.
  5. 10.00pm – Existing Homes sales – expected to be bullish.
  6. 10.30pm – Crude oil Inventories – Iran issue is still a catalyst for oil to move upwards. We remain neutral for oil.
  7. THURSDAY 2.00am – FOMC will release their minutes and expect good volatility – we believe it will favor the USD.

Be cautious and always keep money management as your trading priority.

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.

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