The Dollar-Yuan Exchange Rate is a Very Poor Trade Candidate for Trade Wars

The tension between the United States and China is about as ubiquitous as trade wars itself at this stage. Yet that doesn’t insinuate a straight forward trade opportunity between the Dollar and Yuan. In fact, this pair carries far more risk than opportunity.

Dow Jones: Bullish Trend Pulls Back From Fibonacci Resistance

US stocks have continued their Q3 rally up to fresh near-term highs, but will bulls be able to continue the move with two days of testimony from FOMC Chair Jerome Powell on the docket?

DXY Index Halts Losses Ahead of Powell Testimony

Fed Chair Powell is due to testify in front of the Senate Banking Committee later on today.

Trader Sentiment: Crude Oil Price, USD and GBP in Focus

Market sentiment is currently neutral, with no rush for risk assets or for safe havens. That focuses attention on the markets that are moving, including the Dollar, the Pound and Oil.

EG: CBE Interest Rate Decision: 16.750 %

Date (GMT)EventCons.ActualPreviousMay 21 15:34CBE Interest Rate Decision16.750 %14.750 %

NZ: Producer Price Index - Input (QoQ): -1.100 %

Date (GMT)EventCons.ActualPreviousMay 18 22:45Producer Price Index - Input (QoQ)-1.100 %-0.400 %

NZ: Producer Price Index - Output (QoQ): -0.900 %

Date (GMT)EventCons.ActualPreviousMay 18 22:45Producer Price Index - Output (QoQ)-0.900 %-0.100 %

KR: Producer Price Index Growth (YoY): -3.600 %

Date (GMT)EventCons.ActualPreviousMay 18 21:00Producer Price Index Growth (YoY)-3.600 %-3.700 %

Clovity Continues to Solidify its Leadership and Advisory Board and...

Healthcare and Life Science Executive Joins Silicon Valley based, the transformational technology solutions company(PRWeb July 17, 2018)Read the full story at

Bluelock Recognized in the Gartner Magic Quadrant for Disaster...

Company Positioned Among Ten Total in the Report(PRWeb July 17, 2018)Read the full story at

Dr. Franklyn Elliott Selected as a Top Doctor in Atlanta for 2018 for...

Double board-certified plastic surgeon Dr. Franklyn Elliott honored as one of the top physicians in the metro Atlanta area through a selective peer-reviewed process.(PRWeb July 17, 2018)Read the full story at

Data Age Business Systems Introduces the Pawn Industry’s First Social...

Data Age Business Systems, the developers of PawnMaster pawn shop software, are excited to announce their new integrated Facebook posting tool.(PRWeb July 17, 2018)Read the full story at

Invessence Supercharges Digital Wealth Platform by Embedding JReport’s...

The enhanced analytics empowers financial advisors to make smarter investment decisions through data visualization and advanced reporting capabilities.(PRWeb July 17, 2018)Read the full story at

Sophie Kim of Civic Financial Services Named HousingWire Rising Star...

Creator of "Top Gun" Private Lending Training Program Receives Industry Accolade(PRWeb July 16, 2018)Read the full story at

Lucia Capital Group Announces New Investment Advice Subscription...

New Service, ClickGoals, Expected to Launch Fall 2018(PRWeb July 16, 2018)Read the full story at

Financial Poise™ Announces “Goal Based Investing- Planning for Key...

Financial Poise™ Webinars and West LegalEdcenter are pleased to announce the July 17th premiere of a new webinar, Goal Based Investing- Planning for Key Life Events, which examines purpose-driven...(PRWeb July 16, 2018)Read the full story at