EURUSD: Huge Upside Potential On Asymmetric GDP Growth
מעודכן
Quote: "Euro climbs after Draghi says 'global recovery firming up'"
"In a speech titled “Sustaining openness in a dynamic global economy”, Draghi said the global recovery is firming up, highlighting that growth has been “visible for some years”, particularly in the US, Europe, and Japan."
Source: investing.com/news/economic-indicators/euro-climbs-after-draghi-says-global-recovery-firming-up-522610
Trading Idea:
Even Draghi mentioned the US: Todays numbers showed better economic data in Europe same time US factory orders slowing down. Any lower US economic data is competitive to global data. If the US is falling behind Europe the EURO might have a suprisingly huge potential to the upside in the next month.
"In a speech titled “Sustaining openness in a dynamic global economy”, Draghi said the global recovery is firming up, highlighting that growth has been “visible for some years”, particularly in the US, Europe, and Japan."
Source: investing.com/news/economic-indicators/euro-climbs-after-draghi-says-global-recovery-firming-up-522610
Trading Idea:
Even Draghi mentioned the US: Todays numbers showed better economic data in Europe same time US factory orders slowing down. Any lower US economic data is competitive to global data. If the US is falling behind Europe the EURO might have a suprisingly huge potential to the upside in the next month.
הערה
GEOPOLITICS, TRUMP APPROVAL RATES:.
Trump setting records for low presidential approval
Plunging into undesirably uncharted territory, Trump is setting records with his dismally low approval ratings
At 34 percent, his current approval rating is worse than former President Barack Obama's ever was
QUOTE:
Trump has defied the trends before. But if history is a guide, his numbers don't bode well. Low approval ratings hamper a president's ability to push an agenda through Congress and make it more likely the president's party will lose seats in Congress in the midterm elections.
cnbc.com/2017/08/26/trump-setting-records-for-low-presidential-approval.html
הערה
Quote: "Money flow: Investors pull billions from US stocks in longest outflow streak since 2004" Source: cnbc.com/2017/08/25/investors-pull-billions-from-us-stocks-in-longest-streak-since-2004.html?recirc=taboolainternal
Remark: Traders should remind the "lock up periode" for stock repurchase programs to start in 3-4 weeks from now. Stock buy backs may prevent right now US stockmarkets from more selling pressure. This is going to change within days by end of september if investors might continue to pull money out of US stockmarkets.
הערה
Comment: Quote: "The report also pointed out the turn away from U.S. stocks coincided with the late June surge in the euro against the U.S. dollar to its strongest in nearly a year, after comments from European Central Bank President Mario Draghi suggested higher inflation and tighter monetary policy soon in the euro zone. The euro subsequently climbed to its highest in more than two years in early August, and traded slightly below those levels near $1.186 Friday. Draghi is scheduled to speak later Friday afternoon at an annual meeting of central bankers in Jackson Hole, Wyoming."
Source: Link above
הערה
GEOPOLITICS: Trumps vs. "the Wall" vs. "China": Trump reportedly demands China action: 'I want tariffs. And I want someone to bring me some tariffs'
cnbc.com/2017/08/27/trump-reportedly-demands-china-action-i-want-tariffs-and-i-want-someone-to-bring-me-some-tariffs.html
הערה
European shares hit two-week low as euro surgesinvesting.com/news/stock-market-news/european-shares-hit-twoweek-low-as-euro-surges-522891
הערה
Dow futures open more than 100 points lower after North Korea fires missile over JapanNorth Korea fired a missile over Japan, according to local media.
Japanese Prime Minister Shinzo Abe said the ballistic missile passed over the Tohoku region at the northern end of Japan.
Local government urged people living in the area to take refuge in solid buildings or underground shelters, NHK reported.
cnbc.com/2017/08/28/japanese-government-warns-north-korea-missile-headed-toward-northern-japan-report-says.html
הערה
EURUSD: Short term reversal pattern possible. Consolidation at the 1.20 handle likely.הערה
EURUSD: IMPRESSIVE CANDLE (D)הערה
FUNDAMENTAL VIEW, SENTIMENT ShiftsMoody’s cuts U.S. growth forecast, upgrades euro area
investing.com/news/economy-news/moodys-cuts-us-growth-forecast-upgrades-euro-area-523892
הערה
Reversal Pattern likely to be confirmed today:הערה
EURUSD: ECB should push the EURO higherהערה
REMARK: Missing update to find heretradingview.com/chat/
הערה
Fed's Harker sees three rate hikes next year, after one more in 2017 investing.com/news/economic-indicators/feds-harker-sees-three-rate-hikes-next-year-after-one-more-in-2017-537294
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