Trump lays into the Federal Reserve, says he’s ‘not thrilled’ about interest rate hikes

Trump says he’s ‘ready’ to put tariffs on all $505 billion of Chinese goods imported to the US – TRADE WAR GOES DEEPER!!

WHAT IS THE USD SAYING?

USD seating on the support of ascending triangle and Monday will be good to watch if there is a Gap below the support. Market is nervous with Donald Trump comments on EURO & CHINA Currencies.

MONDAY NEWS THAT MIGHT AFFECT YOUR TECHNICAL TRADES.

  1. 6.00pm – EUR will go to action – with GERMAN Buba monthly report; volatility is expected.
  2. 8.30pm – CAD wholesales m/m data – expected to be good. We buy CAD.
  3. 10.00pm – Consumer Confidence – EURO – expected no change.
  4. 10.00pm – US will release Homes sales which is a leading indicator.  USD volatility expected.

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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