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15 Aug 2017

USD/SEK hints at uptick selling

The hourly 50-period SMA broke through the slower 200-period SMA, adding credence to the recent bearish USD/SEK profile.

From here, if USD/SEK spot rises closer to the level where the moving averages crossed, then sellers might see it as an opportunity to reenter at a better price. Furthermore, a convincing break through the 50-SMA signals a neutral tone, shifting positive above the 200-SMA.
Aug 15, 2017

NAFTA: Rock, paper, scissors - BBH

"The North American Free Trade Agreement is more than 20 years old and should be updated," Marc Chandler, Global Head of Currency Strategy at BBH, arg
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Aug 15, 2017

USTR official: US, Canada & Mexico are well prepared to meet aggressive NAFTA timetable

The United States, Canada, and Mexico are well prepared to meet aggressive NAFTA timetable, a U.S. trade official said on Tuesday, as reported by Reut
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