Tag Archives: dxy

June 8, 2017 – Market Update

Mr Price Action/ June 8, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia mixed Europe opening higher Oil was heavily hit by strong rise in US inventories and products amid OPEC efforts to cut production/supply According to Comey’s prepared statement Trump asked him to drop an investigation of Flynn But nothing new what would surprise markets Markets getting ready for ECB, Comey, UK elections and Qatar/N. Korea mess

Read More

June 7, 2017 – Market Update

Mr Price Action/ June 7, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia higher but risk off mood prevails while safe heavens in demand ahead of ECB, UK and Comey Asia stocks up 2%, more than the rest of the region on consumers, value search and speculation about including China to ETFs Europe opening mixed Mnuchin on China – US to increase exports to address imbalance, splitting economic

Read More

June 6, 2017 – Market Update

Mr Price Action/ June 6, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia in red on risk off as plenty of things going on this week Europe opening lower US election scandal going more public with DoJ accusing contractor about leaking top-secret documents PIMCO neutral on Italy after offloading Italian bonds Italy not leaving EZ but probability of things going wrong is high UK readying for elections on

Read More

June 2, 2017 – Market Update

Mr Price Action/ June 2, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia up on risk on, Nikkei 225 attacking 2015 highs Europe opening in green Risk on can continue but need good NFPs   The last nail to the US international supremacy (seen as the Fall of the Roman empire sort of) is Trump pulling out of Paris Climate Accord  link Trade sanctions on US polluters may

Read More

May 23, 2017 – Market Update

Mr Price Action/ May 23, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Europe opening higher GBP volatile on Manchester bomb attack Merkel’s comments about weak EUR were more preparation ahead of today’s visit of Trump As well as preparation for Sep elections as Germans like strong EUR (DEM) while don’t mind to kick a bit ECB Trump acting as a mediator Muslim states, Israel and Iran Trump’s budget

Read More

May 17, 2017 – Market Update

Mr Price Action/ May 17, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia in red on Trump mess Europe opening lower Trump to face tough scrutiny from Congress on meeting with Lavrov and sharing sensitive info What would happen if Donald Trump were impeached?  link European Court of Justice ruling – EU-UK trade deal doesn’t need to be ratified by all 38 EU’s national and local parliaments Confirming

Read More

May 15, 2017 – Market Update

Mr Price Action/ May 15, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia up despite cyber attack and North Korea Europe opening higher despite more cyber attack threats Chinese Belt and Silk Road initiative uniting Asia, Africa and EU versus Trump’s America first ECB’s Weidman – Macron’s win and strengthening recovery sets ECB to unwind the ultra-loose policy But inflation needs to be more sustainable Fed’s Evans –

Read More

May 12, 2017 – Market Update

Mr Price Action/ May 12, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia slightly higher Europe opening mixed BoJ is passionate about 2% inflation in 2018 Trade barriers a dead end – comments from Fed’s Dudley Fed officially commenting on Trump policies US financial conditions keep easing, thus giving a green light to Fed for June rate hike Fed just proved that it is very closely watching politics

Read More

May 9, 2017 – (Chart of the Day) Gold – one month later – as expected ( XAUUSD )

Mr Price Action/ May 9, 2017/ Chart Of The Day/ 0 comments

Hi,today short update to the gold analysis posted exactly one month ago here In short, on 9th April 2017 I mentioned gold has hit potential supply zone based on weekly chart:and we are approaching possible demand on daily ( within weekly zone 🙂 ) available above as well as on the new chart below:Gold ( XAUUSD ) todays daily chart:So, where

Read More

Apr 24, 2017 – Market Update

Mr Price Action/ April 24, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Europe higher Markets need to digest the move and get ready for ECB and Trump policies (tax, Obamacare) FR elections 2nd round – Macron/Le Pen Prediction Macron winning over Le Pen 60/40 (seems to be sufficient margin not to have a nasty surprise) Will see whether French are also as serious about rejecting nationalism and far-right

Read More