Forex News - May 11, 2018 by bayuya

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· @bayuya · (edited)
$11.31
Forex News - May 11, 2018
### <center>Today is May 11, 2018</center>

##### <center>Below are the links to FOREX news and Important articles</center>

<center>![](https://steemitimages.com/DQmPTZfJSNV3wAYKkZG4HuShQaMxsWwwQpG8yYTk2cNR1mF/image.png)</center>



## <center>F O R E X</center>
<center>^ ^ ^ ^ ^<center>
### <center>Dollar Little Changed After Soft Inflation Data</center>
<div class="pull-right">https://steemitimages.com/DQmWWDwBaG341N6KhYJ3soKxkwT5xAVH6usYJjTdVw1w54K/image.png</div>

>Investing.com โ€“ The dollar retreated from this yearโ€™s high after the U.S. released soft CPI data, but rose slightly against the other major currencies on Friday in Asia as sentiment picked up as investors trimmed expectations for four rate hikes after the slower-than-expected inflation report showed prices pressures remained weak.  [Go on to read the full article]((https://steemitimages.com/DQmWWDwBaG341N6KhYJ3soKxkwT5xAVH6usYJjTdVw1w54K/image.png))

<center>^ ^ ^ ^ ^<center>

### <center>Forex - USD/CAD Slump Continues to Keep Dollar Down</center>
>Investing.com โ€“ The dollar fell against its rivals on Thursday after data showed further evidence of a slowdown in inflation while ongoing strength in the Canadian dollar kept the greenback below breakeven. [Go on to read the full article](https://www.investing.com/news/forex-news/forex--usdcad-slump-continues-to-keep-dollar-down-1441560)
<center>![](https://steemitimages.com/DQmYnFBGNic8pQCkxDgvk7qUEzpgLSy85ULarGbbHJQYpf4/image.png)</center>

<center>^ ^ ^ ^ ^<center>

### <center>Dollar gets whacked on US CPI miss, Central Bank divergence narrows downside</center>
>The BoE accompanies the RBNZ on a dovish tone and markets look for an exit from policy normalization trades where all bets for a rate by either Central Bank are diminished, (BOE downgrades inflation/growth forecasts, sterling tumbles hard 160 pips). [Go on to read the full article](https://www.fxstreet.com/news/forex-today-dollar-gets-whacked-on-us-cpi-miss-central-bank-divergence-narrows-downside-201805102215)
<center></center>

<center>^ ^ ^ ^ ^<center>

### <center>Euro rallied significantly during Thursday, right into resistance</center>
<div class="pull-left"></div>

>The EUR/USD pair has rallied significantly during the trading session on Thursday, mainly in reaction to the CPI numbers in the United States being a bit lower than anticipated. This have the algorithmic traders coming into the market right away, but as I record this itโ€™s obvious that we are running out of momentum rather quickly. Because of this, I think that we should continue to go lower, but I think there is the possibility that we may bounce around in this general vicinity before falling again. After all, the Federal Reserve is the only central bank of the world looking likely to raise interest rates anytime soon, and that of course favors the greenback in general. 
[Go on to read the full article](https://finance.yahoo.com/news/euro-rallied-significantly-during-thursday-041355317.html)

<center>^ ^ ^ ^ ^<center>

### <center>" " " " " " " " " "</center> 



### <center>F O R E X</center> 
### <center>Dear Followers, always remember that leverage trading can lead to enormous losses</center>


<center>***Intraday trading can seriously damage your health both physically and mentally***</center>

<center>*Never invest all your money to one instrument. Diversify investments*</center>
#### <center>A L W A Y S</center>
๐Ÿ‘  , , , , , , ,
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@vikron ·
please guide me in treding@bayuya
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