Forex headlines for July 18, 2014:
- Obama calls for an immediate ceasefire in Eastern Ukraine
- Canadian June CPI 2.4% y/y vs 2.3% expected
- July 2014 Michigan consumer sentiment flash 81.3 vs 83.0 exp
- Bank of Italy slashes 2014 GDP forecast to 0.2% from 0.7%
- Belgian consumer confidence drops to 11-month low
- General Electric misses the mark but remains upbeat on the future
- US Treasury asks dealers if it should sell bonds longer than 30 years
- European Union takes legal steps to sanction Russia over Ukraine
- Fitch affirms Germany at ‘AAA’ with a stable outlook
- Iran reaches deal to extend Geneva Accord
- Carney rumors send cable for a spin
- S&P 500 up 20 points to 1978
- On the week, S&P 500 up 0.5%
- Gold down $9 to $1310
- WTI crude down 18-cents to $103.01
- AUD leads, JPY lags
Here are the changes on the day.
It was a better week of volatility and there was some pretty good trading. The euro rebound today added some intrigue. Have a great weekend!
