US Pres. Trump: Fed has set interest rates too high

In an interview with Fox News, President Trump voiced his criticism of the Fed's monetary policy by saying that it had set interest rates too high. The US Dollar Index, which gained traction in the last hour ignored these comments and was last up 0.25% on the day at 97.25. Below are some additional quotes as reported by Reuters.

  • It doesn't matter if China's Xi comes to G20.
  • China will eventually make trade deal with U.S.
  • China is manipulating its currency.

USD/JPY spikes to session tops, around mid-108.00s post-US retail sales

The USD/JPY pair spiked around 20-25 pips during the early North-American session and moved closer to mid-108.00s, or fresh session tops post-US retai
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GBP/USD technical analysis: Cable under pressure below 1.2650 as BoE’s Carney speak

GBP/USD daily chart GBP/USD is trading in a bear trend below its main simple moving averages. GBP/USD 4-hour chart The market is under pressure below
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