Aussie soars on stellar jobs data

Jobs added in June beat estimates by a mile The Australian economy added a massive 50.9k jobs in June, well above economists’ forecasts of a 17.0k increase and the biggest monthly gain since November. Adding to the positive headline, the vast majority of the jobs were in the full-time category at 41.2K, while just 9.7k… [...]

GBPAUD, Sell

GBPAUD, Sell British Pound/Australian Dollar FX:GBPAUD DatTong H4: – Tendency: Downward – Below resistance –> Sell [...]

POSSIBLE AUDJPY short SETTING UP

POSSIBLE AUDJPY short SETTING UP Australian Dollar/Japanese Yen FX:AUDJPY SureFX Month Support held at the 81.500 level, strong bullish close of the previous Week’s candle momentum heading higher towards the key Week resistance level of 84.300. Further Day resistance is just above this level at 84.500. Looking for a fail of the 84.500 area before… [...]

GBP/USD: triple blow to pound positions

The British currency is again under considerable pressure - both from macroeconomic indicators and the rhetoric of the head of the English regulator, and from the political prospects of Brexit. Relatively recently, the pound has experienced such a nega... [...]

Leaked Netanyahu Tape: We Made Trump Cancel The Iran Deal

On Tuesday an Israeli television channel aired leaked video footage it obtained exclusively showing Prime Minister Benjamin Netanyahu boasting that he had personally convinced President Trump to abandon the Iran nuclear deal. The statements were made at a small dinner event where he addressed senior members of his Likud party.  The video, aired by Israel’s Kan News shows… [...]

The U.S. Dollar: A Victim Of Its Own Success

Authored by James Rickards via The Daily Reckoning, America’s most powerful weapon of war does not shoot, fly or explode. It’s not a submarine, plane, tank or laser. America’s most powerful strategic weapon today is the dollar. The U.S. uses the dollar strategically to reward friends and punish enemies. The use of the dollar as… [...]

Soros: Obama Was The “Greatest Disappointment”

New York billionaire George Soros is not a fan of former President Obama – telling the New York Times that Obama is his “greatest disappointment,” lamenting that he was “frozen out” by the administration despite his financial support. Soros was an early backer of Barack Obama’s 2008 presidential campaign. In Paris, Soros told me that Obama was… [...]