Trump said to ask cabinet to draft possible China trade deal

One single fking tweet ?!

It was deal before Trump!!!
He cut deal!!!
He makes new deal!!!

Just goes to show how sensitive those algos are. lol

Wow! "Interested"? That's very important.

really?

Now a days a single tweet only twist the mkt,more than a FF direct news data friend.

Look at the GBPAUD drop.....Just 1 tweet..not related to any of Currency and still GBPAUD down 95 pips. woowwww

And see the market reaction! AUD/USD just Jumped 30-40 pips! Wow!

Risk-on!

not exactly, asian session, liquidity is low. hence the overshoot response.

So Trump is throwing in the towel. All of the sudden China is not stealing jobs anymore? What was all this about anyway?

and i bet aud/usd won't even move 20 pips later during NFP. all the big money is going into trading Trump's tweet with algo but we small retail traders can't do that due to lack of resources....

I remember when ADP was red news few years back, now it is downgraded to orange because it doesnt move shit.

Tempted to say market manipulation lol

This is no surprise at all. Create all sorts of anguish, uncertainty and lack of economic confidence around the world, use your snobbery and power to weaken global institutions, cause billions of dollars of lost production and income, then claim a victory of sorts by capitulating your previous red lines. This is classic populism from a superpower with decades of failed commitments from the past - failed commitment to free trade, to previous hard won agreements by previous presidents, to previous agreements of global moment, to global attempts to address relative imbalances of power, to genuine attempts to steer through complexities by creating broader and deeper complexities. And then claim you have done well!!

Business behaviour does not work at the geopolitical level and often this sort of behaviour does not work in business either. The path to real change will open up as these failures play out in real time in the real world.

Trump always does this in the futures on light volume

UNDECLARED SOURCE.
Neither @moved_average nor Newsstand has provided credible sources for this story.
"Trump said to ask cabinet to draft possible China trade deal"

I dont dispute the storyline, just source.

Should not be a surprise, AUD technical picture was sound, up since midnight Asia!! Bit of retrace after Aussie news but it held above 76% of day's range. Blame anyone else but the signs were there for an experienced tracker to have been on the right side of that pop!

its friday so watch out

NFP week exaggerates ALL markets. Big banks use as cover to tidy up. Finding what they do and ride their coat tails is ALL small traders can hope to do. Read the signs and get in line! Blaming the donald is not going to make anyone else rich but him. AUD ran up hard against USD at that time. Seems banks were buying the AUD against most all others, (ours is not to reason why). My description of the signs holds as well for your cable gbp version (inverted). Your Hi of Day came at 2.50a, lower tops followed then at 4.28, 6.12, 9.40 and 11.48. Plenty of time to discover Bears were in control of your market and if you were sitting short before noon you would be in the clover. 12.40 x of Pivot easy to accept as it had been violated earlier at 8.20 with pullback to consolidation that did not exceed the 4.28 mark. Good luck in your future trades!

AUD's biggest trading partner is PRC. The gang down under is in a tight spot somewhere between a rock,.... as they are besties with USA and still try to do big exports to PRC. Any news that would help that picture is going to be strong for AUD, against any other currency.

Not related to any currency? AUD is the currency to watch here. It’s very much related to it.
Read up on the fundamentals, man.

Hi
Wondering, how is Trump tweet related to GBPAUD? Correct me on my fundamentals, please.

More bullshitt news

fooled everyone

Where does the largest chunk of Australia’s exports go? If there’s a trade deal, who will buy a lot of these exports? If there’s a trade war, who might buy less of it? That’s largely how the markets see AUD’s fortunes.

BREAKING NEWS: US vs China trade BS is likely to eclipse Brexit exit deal BS EXPONENTIALLY.

Trump is bringing back manufacturing to the US. If you see a rally implying something different than that, short it.

Paul Tudor Jones had a great quote about grasping the big pictures of markets, "Put your charts on the floor and stand up on your desk when looking at them!" In other words, bigger time-frames are better, look at any AUD pair 30 min or longer and easier to get in winning positions!