Daily

The following is a summary of the previous day’s foreign exchange market movements in the major currencies and the commodities markets. It is meant as an informative guide to the reasons underlying currency and commodity movements seen in the previous day’s foreign exchange trading. Together with a market snapshot at close of the New York session, indicators/events released during the session are outlined compared with their expected level of influence before release. This fundamental analysis summary also highlights upcoming data/events which may influence currency movements upon their release.

You will also find a technical analysis snapshot at time of release, highlighting support and resistances of each of the major currencies and gold. Coupled together with the reasons behind these important levels, traders can expect some support or resistance when these levels are reached.

TraderTalk | China Yuan hits year lows | 27th June easyMarkets

June 27, 2018

TraderTalk | Navarro walks back Trumps China threats on Tech Investment | 26th June 2018 -Navarro Trump advisor says no plans to impose investment restrictions on China and recent stockmarket selling overreaction -USD reversal still underway with all pairs under a little pressure -US stocks end off lows after Navarro… read more

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