Trading Plan: Monday 20th May 2019

Mark NugentMay 2019, Trading Plan

Trading Plan: Monday 20th May 2019

Last week saw a continuation of the US/China trade strife. Brexit uncertainty continues. The AUD suffers as unemployment and employment figures miss expectations. However, Saturday’s surprise election result has boosted the AUD and the AUS200. All currency trends are maintained.

This week’s major highlights will be the FOMC Meeting Minutes on Wednesday, giving us an insight into the Fed’s thinking. Then we have the EU elections, where the rise of the populists may well move the GBP and the EUR. I always like to see established politicians get a spanking. It’s my nature.

Have a great week.

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