Daily Alert: Friday 18th May 2018

Mark NugentDaily Alert, May 2018

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Trading Analysis for Friday 18th May 2018

A quiet end to the week with progress being made in US-China trade talks and a Customs Union backstop position being agreed by the UK government. The trading theme around the USD and US 10 Year yield worked beautifully, aided by the expectation of four rate hikes this year from the Fed, which I traded via EURUSD and GOLD shorts, yielding a gain of at least 2%.

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Trading Analysis for Friday 18th May 2018

A quiet end to the week with progress being made in US-China trade talks and a Customs Union backstop position being agreed by the UK government. The trading theme around the USD and US 10 Year yield worked beautifully, aided by the expectation of four rate hikes this year from the Fed, which I traded via EURUSD and GOLD shorts, yielding a gain of at least 2%.

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