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Trade ideas thread - Wednesday, 18 April 2018
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- US ISM Non-Manufacturing PMI for June 54.0 vs 54.0 estimate
- US S&P Global composite index for June 51.9 versus 52.2 preliminary and 51.5 last month
- US stocks open higher but Nasdaq index is not as lofty as premarket levels
- Canada S&P global services PMI index for June 47.1 vs 50.6 in May
- USDCAD tilts the bias back to the upside today, with a break back above the 100/200 MAs
- USDCHF bounces higher after testing support targets at tail end of last week. What now?
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