USD

Trump: I think it will be a great deal for both the US and China

• US president Trump touches on his meeting with China president Xi Jinping tomorrow

China shows a small gesture of goodwill ahead of Trump-Xi meeting

• It is being reported that China's COFCO Group has made purchases of three US soybean cargoes

Trump: We will not have the Fed raising interest rates

• Remarks by US president, Donald Trump, as he arrives in South Korea

Malaysia clarifies that it still maintains ban on raw rare earths export despite US deal

• Trump's visit to Malaysia saw the two countries sign a memorandum of understanding on critical minerals

US Treasury/BoT says FX intervention is to fight excess volatility, disorderly movements

• Intervention in foreign exchange markets should be for combatting excess volatility, disorderly movements

Trump says expects to lower fentanyl linked tariffs on China

• The WSJ reported earlier that Trump and Xi to discuss lowering China tariffs on Fentanyl crackdown

EURUSD Technicals: The EURUSD fell hard and it raced as fast to the upside.

• The 100 day MA in the EURUSD is a key upside target at 1.1663

WSJ: Trump looking to lower tariffs on Fentanyl

• To discuss lowering tariffs for Fentanyl crackdown

Israel PM Netanyahu has authorized military to immediately carryout attacks on Gaza

AUDUSD Technicals. Buyers in the AUDUSD based at a key corrective target and pushed higher

• The AUDUSD buyers came in against the 38.2% retracement at session lows today, and that started a run to the upside. The 50% retracement is now been broken.

US forms $80 billion partnership to build 10 large nuclear reactors

• The US government calls this a cornerstone of its industrial strategy

Euro completes the round trip as US dollar sellers step in

• Some big moves in FX

US October consumer confidence 94.6 vs 93.2 expected

• US consumer confidence data from The Conference Board

USDCAD Technicals:The USDCAD bounced off key support target yesterday.There is work to do.

• The USDCAD needs to get and stay above the 100 hour MA at 1.39957 and then the 200 hour MA at 1.4015. The 200 hour MA was broken last week but failed.

USDCHF Technicals:USDCHF runs higher in early NY trading & looks to increase bullish bias

• The USDCHF is stretching to the higher 100 hour MA. A break above opens the door for more upside momentum