Month: April 2019

The Turkish lira fell under immense pressure after the Financial Times reported the Turkish central bank (CBRT) used billions of dollars in short-term borrowing to bulk out its reserves.  At one point, the lira was down 2% to the dollar, the lowest levels since October 2018.  Concerns remain high on government’s management of their finances
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According to National Bank of Canada’s analyst, Krishen Rangasamy, the message from today’s US retail sales report is that after a difficult start to the year, American consumers are now bouncing back. Key Quotes: “What impressed most about March’s results was not just the monthly increase of 1.6% (best since September 2017) but also the
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https://tradingnut.com/michael-storm – Click for the full interview. After a fascinating podcast with Michael Storm, where he walked through virtually his entire trade setup and his approach to the markets (not to mention his journey from successful Stock trader to Forex professional), we jumped on Zoom and he walked me through the trade setups he discussed
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The United States won a World Trade Organization (WTO) ruling on Thursday against China’s use of tariff-rate quotas for imported rice, wheat and corn, which it successfully argued limited market access for U.S. grain exports. The case, lodged by the Obama administration in late 2016, marked the second U.S. victory in as many months. It
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Mientras mucho del mundo toma un fin de semana largo, Japón sigue trabajando este viernes, y tenemos la publicación de datos claves para la economía. Con el cierre de mercados en Europa y la Américas, la mayoría de los traders no estarán en el mercado, y podríamos ver una reacción exagerada durante la jornada, debido
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Share to facebook Share to twitter Share to linkedin The Third Circuit is deciding whether companies who have lost assets to Venezuelan government expropriation can obtain compensation from Citgo, a US-based wholly owned subsidiary of the Venezuelan state oil company, PdVSA. The district court decided that Citgo can be forced to make compensation, but it is now
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While most of the world is taking an extended weekend, Japan is still hard at work on Friday. And we have the release of some key data as well. With Europe and the Americas closed for the holiday, most major traders are also away from their desks. So, we could see some exaggerated reactions to
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