🔄Weekly FX Recap: The euro will break below parity against the US Dollar | 📊 Ross Mullins

📌The technocrat prime minister, Giuseppe Cont, is not calling the shots and threatened to resign over this issue. ECB president, Mario Draghi, proclaimed “Mini-BOTs are either money and then they are illegal, or they are debt and then the stock of debt goes up. I don’t think there is a third possibility.” The Telegraph reports Italian…

▶️ Weekly Equity Recap: Tesla Short Seller…your days are numbered | 📄 The Insider Report

📌As CNBC reported, “The automaker’s stock rose by as much as 4.3% Tuesday and is up by more than 7% over the last four trading days, giving investors a short respite from a tough year for Tesla. Its shares have fallen by about a third so far this year, shaving almost $19 billion off its…

US-Trump: Is it possible to find a more precise Fed forecaster than POTUS | ▶️Andreas Steno Larsen

📝Mikael Sarwe, Head of Nordea Market Strategy, shared via Twitter his views, “In the previous 5 Fed cut cycles, 2 of them led to bull markets (1995 & 1998) and 3 to bear markets (1989, 2001 & 2007). In my mind, the difference is if there was an earnings recession or not. Currently, my leading…

🎦American Airlines Group: C-level executives buying 52-wk low | 📄 The Insider Report

📊AAL | Trading Scenario 📌On June 4th, Insiders (7 of them) decided to step up and buy 110,000 new shares between $27.63 and $28.60 level. 📌At the moment, AAL price trades +14.43% higher from its 52-wk low and -31.18% lower from the 52-wk high. I think we have an opportunity, but remember the only reason…

US-Mexico Tariffs: 2 Mexican Trading Scenarios About to ⏫ Rally | 🐦Hawkeye Traders

📌President Donald J. Trump seems a new man as he tweeted about a new immigration deal with Mexico and put on hold the new Tariffs he had in mind against the US neighbor and trade partner. 📌Let’s review the most recent purchases from investment banks in EWW. If these figures do not make you look…

🔄Weekly FX Recap: Taking Trades Before and After the USD Plunge | 📊 Ross Mullins

📌 The US Dollar Index (finally) breaks to the downside the 97 round figure. After all, the greenback was overvalued by 11.33% when it traded at 98.37 level, two weeks ago on May 23rd. Is this the beginning of the expected multi-week pullback to save Commodities, Emerging Markets, and the Stock Market?  📌The single currency…

European Central Bank: Dovish vehemence from Vilnius | ▶️ Carsten Brzeski

📌At its meeting in Vilnius, the ECB today clearly tried to convey a dovish message to financial markets, demonstrating its willingness and readiness to act. Today’s meeting was as dovish as it can get without actually engaging in a new action. 📌The ECB’s concerns mainly seem to be driven by increased and prolonged uncertainty, rather…