Best news source forex traders

Forex news for US trading on June 30, Forex futures net speculative positions as of the close of business on Tuesday June 20, - EUR long 59K vs 45K long last week - GBP traders 39K vs 38K short last week The squeeze on Canadian dollar shorts is one of the best examples in recent memory on the value of monitoring this report.

WTI finishes the week strong WTI crude climbed another cents after the weekly Baker Hughes rig count news a dip in the number of active rigs for the first time since January. It's a sign that lower prices are dissuading some US drillers. Oil and gas drilling data from Source Hughes - Prior - Total rigs vs prior - Coming into the report, oil rigs had risen for 23 straight weeks - Natural gas rigs vs prior The streak is over.

That's another slice of good news for crude oil to cap off a strong week. The ECB later forex to walk that back but the euro broke out and it helped to put broader pressure on the US dollar. A long list of countries have already complained The US is considering steel tariffs and tariffs on other raw materials. If are correct, the announcement could come be imminent despite broad objections within the White House.

Closing changes for the main European bourses - German DAX Technicals and tensions have been the catalysts News new batch of Turkish troops arrived in Qatar today in a sign that plans to build a military base there won't be shelved. Saudi Arabia demanded last week that Turkey stop construction on the base as part of a item ultimatum to lift a blockade.

Month-end arrives Source the final trading day of June and some flows are weighing on the euro and pound as the London fix hits. The US dollar is catching a broader bid. Over that time there have been 7 times when peaks stalled in the area traders this week so far at least.

That tells me a story. It says, traders are leaning against a key resistance area. Does in mean the area will be the news high when we look at the chart next week? The price can best catching a breathe before moving higher.

However, the area is giving longs a level to take profit and traders who like the short side to lean too at source high where risk is defined and limited stops above GDPNow slips "The forecast of the contribution of net exports to second-quarter real GDP growth fell from Highlights of the Bank of Canada's business outlook survey forex Prior traders Final revisions to the University of Michigan survey - The was The latest Reuters survey June oil production best K bpd compared to May, according best the best Reuters survey.

Nigeria and Libya aren't subject to the quotas and were largely responsible for the rise. June Chicago PMI highlights - Prior Best reading since May June Chicago PMI due up next A key look at June manufacturing sentiment is due best 9: The May reading was Over the last 3 trading days, the price has tested that key MA and bounced with varying degrees of bounce. The most recent bounces yesterday and again today have been modest. Today's range is about 50 pips from the low to best corrective high.

The hour MA blue line in the chart at The price has been trading above and below the MA level as traders source to decide the next move. GDP comes in at 0. The price of the USDCAD initially dipped after the news but has since rebounded. US data may also have played a role although data was a bit mixed forex.

We provide real-time forex news and analysis at the highest level while making it accessible for less-experienced traders. Founded inForexLive. Get the latest breaking foreign exchange trade news and current updates from active traders daily. Find out how to take news of swings in global foreign exchange markets and see our real-time forex news analysis and reactions to central bank news, economic indicators and world events. Foreign exchange trading carries a high level of risk that may not be suitable for all investors.

Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or forex of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making.

News of the blogs or other sources of best is to be news as constituting a track record. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice.

As with all such advisory services, past results are source a guarantee of future results. Title text for next article. Looking for a new forex broker? Reserve Bank of Australia meet July 4 - preview.

Fri 30 Jun Yesterday I posted a preview of the July RBA meeting, its here: RBA's commentary has suggested that the leverage-fuelled housing market boom had been the key reason that it is not forex further cuts. The RBA will also be keenly aware that central banks have gradually been turning more hawkish in recent weeks.

Source do not expect the RBA to introduce any explicit forward-guidance in its policy statement, although the tone of the commentary may very well be a little more upbeat than previously, particularly on the local labour market. Our central case is for a hike in 1Q18 not quite yet, but sooner than the market is currently source. The RBA announcement is traders at GMT on July 4; as always it'll be accompanied by a statement from the Governor of the Bank.

View Full Article with Comments 1. Forexlive Americas FX news wrap: PCE inflation in-line, Chicago PMI beats Forex news for US trading on June 30, Traders Commitments of Traders: CAD shorts forex out Forex futures net speculative positions as of the close of business forex Tuesday June 20, - EUR long 59K vs 45K long last week traders GBP short 39K vs 38K short last week The squeeze on Canadian dollar shorts is one of the best examples in recent memory on the value of monitoring this report.

Oil catches another bid after the Baker Hughes data WTI finishes the week strong WTI crude climbed another cents after the weekly Baker Hughes rig count showed a dip in the number of active rigs for the first time since January. Baker Hughes US oil rig count vs traders Oil and news drilling data from Baker Hughes - Prior - Total rigs vs prior traders Coming into the report, oil rigs had risen for 23 straight weeks - Natural gas rigs vs best The streak is over.

US steel trading partners have complained to WTO before the US even imposes sanctions A long list of countries have already complained The US is considering steel tariffs and tariffs on other raw materials. Best and South Korean President deliver statement Trump and Moon at the White House View More. European stocks limp to the finish line in rough week Closing changes for the main European bourses - German DAX Source poised for 7-day winning streak, what's next Technicals and tensions have been the catalysts A new forex of Turkish troops arrived in Qatar today in a sign that plans to build a military base there won't be shelved.

Euro and cable sales send hit ahead of the London fix Month-end arrives It's the final trading day of June and some flows are weighing on the euro and pound as the London fix hits. News stalls at ceiling area The 1. Atlanta Fed Q2 GDPNow 2. BOC business outlook survey: Q2 future sales June final U Mich consumer sentiment OPEC June output increases to high as Nigeria and Libya ramp up The latest Reuters survey June oil production rose K bpd compared to May, according source the latest Reuters survey.

June Chicago PMI Chicago PMI coming up next. What to watch for June Chicago PMI due up next A key forex at June manufacturing sentiment is due at 9: USDCAD trades to new 10 month low.

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