Latest forex news updates

According to James Chapman, Davis' former chief of staff the Brexit minister had been " hamstrung latest by May's stance on the European Court of Justice ECJamong news things. He said Mrs May would not get a Forex deal through Parliament unless she showed more " flexibility ". Downing Street and the Department for Exiting the EU declined to comment. May has insisted the ECJ will have no jurisdiction over the UK but the EU insists that the ECJ must continue to offer legal protection for its citizens in the UK.

Chapman accused May of taking an " absolutist " position on the ECJ, saying:. He said the cabinet's leading "Brexiteers", David Davis and Boris Johnson, were " actually pretty liberal on issues like immigration" and would like to " recalibrate " Mrs May's position, " but at the moment she is showing no willingness to do this".

More updates the Beeb here. Latest my apologies for lack of service here after my GBP post yesterday. Unfortunately we had an internet outage in the area due to a BT problem. Normal service now resumed thankfully. I'm heading updates so will wish you all a great week-end and thanks, as always, for your brilliant support and input. UK Brexit minister Davis seemingly caught between a soft and a hard place. Chinese president Xi has forex in HK to swear in new leader Carrie Lam 1 July - HK has been enjoying freedom and democracy more than ever since handover It's 20 years since the UK handed HK back updates the Chinese.

Yesterday I posted a preview of the July RBA meeting, its here: 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 short 39K vs 38K short news week The squeeze on Canadian dollar shorts is one of the best examples in recent news on the news of monitoring this report.

WTI finishes the week strong WTI updates 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. It's a sign that lower prices are dissuading some US drillers.

Oil and gas drilling data from Baker Hughes - Forex - 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 tried updates 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 latest despite broad objections within the White House.

Closing changes for the main European bourses - German DAX Technicals and tensions have been the catalysts A 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 It's 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 latest. Over that time there have been 7 times when peaks stalled in the area including 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 swing high when we look at the chart next week? The price can be catching a breathe before moving higher. However, the area is giving longs a level to take profit and latest who like the short side to lean too at a high where risk is defined and limited stops above news 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 - Prior was Final revisions to the University of Michigan survey - The was The latest Reuters survey June oil production rose K bpd compared to May, according to the latest Updates 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 at 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 the corrective high. The hour MA blue line in the chart at The price has been trading above and below the MA level as traders try to decide the next move. 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 forex news and current updates from active traders daily. Find updates how forex take advantage 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.

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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 latest consider the opinions updates analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record.

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As with all such advisory services, past results are never a guarantee of future results. Forex text for next article. Looking for a new forex broker? UK's Davis conducting Brexit talks with one hand tied behind his back. Sat 1 Jul Chapman accused May of taking an " absolutist " position on the ECJ, saying: UK Brexit minister Davis seemingly caught between forex soft and a hard place View More.

View Full Article with Comments 1. China's Xi fires a warning shot as he swears in new Hong Kong leader Chinese president Xi has been in HK to swear in new leader Carrie Lam 1 July - HK has been enjoying freedom and democracy more than ever news handover It's 20 years since the UK handed HK back to the Chinese.

Fri 30 Jun Reserve Bank of Australia meet July 4 - preview Yesterday I posted a preview forex the July RBA meeting, its here: Forexlive Americas FX news wrap: PCE inflation in-line, Chicago PMI beats Forex news for US trading on June 30, CFTC Commitments of Traders: CAD shorts chased out Forex futures net speculative positions as of the close of business on Tuesday June 20, - EUR long 59K vs forex long last week - GBP short 39K vs 38K short last week The squeeze on Canadian dollar shorts is one of the best examples in recent memory news 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 latest dip in the number of active rigs for the first time since January.

Baker Hughes US oil rig count vs prior Oil and gas drilling data from Baker Hughes - Prior - Total rigs vs prior - Coming into the report, oil rigs had latest for 23 straight weeks - Natural gas rigs vs prior The streak is over.

US steel trading news 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. Trump and South Korean President deliver statement Trump and Moon forex the Updates House View More.

European stocks limp to the finish line in rough week Closing changes for the main European bourses - German DAX Oil poised updates 7-day winning streak, what's next Technicals and tensions have been the catalysts A new batch of Turkish troops arrived in Qatar today in a sign that plans to build a military base there won't be shelved. Euro and latest 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.

EURUSD stalls at ceiling area The 1. Atlanta Fed Q2 GDPNow 2. BOC business outlook survey: Q2 future sales June final U Mich consumer sentiment latest OPEC June output increases to high as Nigeria news Libya ramp up The latest Reuters survey June oil production rose K bpd compared to May, according to the latest Reuters survey. June Chicago PMI Chicago PMI coming up next. What to watch for June Chicago PMI due up next A key look at June manufacturing sentiment is due at 9: Learn About ForexLive Contact Us.

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