Monday, September 7, 2020

Americas Wrap


Here is what's on the economic calendar in Asia today - Australian business confidence

This is posted a little early today due to the US holiday, let's get the Asia FX show on the road! 2330 GMT Australia weekly consumer confidence 2330 GMT Japan wages data for July... Read full article


California reports 3091 new coronavirus cases

Total cases rise to 735,235... Read full article


Pres. Trump: He is thinking about decoupling from China

Pres. Trump on China Pres. Trump speaking in a Labor Day news conference at the White House says - possibility of decoupling US economy from China - says it would not lead to monetary losses... Read full article


USDJPY traders set the 100 hour MA as barometer going forward

The MA line held support in trading today The price action is limited as the US and Canada are on holiday (and that tends to influence trading activity globally). The USDJPY range today is only 25 pips. The average over the last 22 trading days (about a calendar month) is 67 pips.... Read full article


Spain tops 500,000 coronavirus cases. Largest in Western Europe

Virus cases rise 2440 vs 4503 on September 4th The number of coronavirus cases and Spain topped 500,000. That is the largest in Western Europe.... Read full article

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