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7 2174 hours ago
It’s so amazing to see you guys and girls meeting up with each other on a regular basis, to keep each other accountable and push each other to new heights! 🦅
We pride ourselves on the community here at Falcon, that our members will be there for each other whenever it is needed. Trading can be such a lonely business, which is why we wanted to create this community and bring together as many like minded individuals as possible, not only bonding over their joint interest in trading but becoming friends. 🙏🏼
So many more meet ups to come, all over the world, both Official Falcon meet ups and member planned! Keep your eyes open for notifications on slack, emails and Instagram for more details coming soon. 🌏
Crazy how much value you can take from a few casual conversations with people on a similar path. Trading can be a very lonely venture at times, so having others to share experiences with and bounce ideas of off is so key!
The U.S. #dollar was weaker Thursday (Feb 14) in a volatile session that was marked by a round of weaker-than-expected economic data that briefly overshadowed optimism over U.S.-China trade talks. The ICE U.S. Dollar Index, a measure of the currency against a basket of 6 major rivals, first flipped in to negative territory during Thursday’s session after retail sales data for December showed an unexpected 1.2% decline, the worst drop in 9 years.
#China’s #yuan was modestly weaker in Beijing and slightly stronger in the offshore market with one dollar buying 6.7722 yuan and 6.7768 yuan, respectively. The #euro extended some earlier gains as the dollar turned lower, last buying $1.1300 up from $1.1263. The #Britishpound didn’t react strongly to the vote, holding its losses at $1.2800, near its lowest level in a month. The euro-sterling pair was meanwhile stronger, with one euro buying £0.8826, up 0.7%. The #NewZealanddollar continued its push higher at $0.6840, up 0.7%. The New Zealand dollar shot sharply higher against its U.S. rival on Wednesday after the Reserve Bank of New Zealand confirmed that the next move for interest rates was more likely up than down.
Jerky trading sees dollar slide as economic data, trade remain in focus
The #dollar edged lower versus the yen on Friday (Feb 15) as dismal U.S. retail sales data reinforced expectations the Federal Reserve will not raise rates this year, while the market awaited developments in trade talks between Washington and Beijing. The #dollarindex, a gauge of its strength versus six major peers was marginally higher at 97.07, after weakening by 0.12% in the previous session.
The dollar lost about 0.5% against the safe-haven #yen in the overnight session and was down 0.2% to 110.26 in Asian trade. The yen rose 0.24% versus the euro to 124.48, having gained around 0.2% on Thursday. The #Australiandollar and #NewZealanddollar pared earlier gains, losing 0.3% to $0.7085 and $0.6816, respectively. Despite Friday's losses, the kiwi is set to end the week higher by 1%. The #euro was 0.1% lower at $1.1284. The single currency has lost 0.4 percent this week and is down by 1.7% YTD thanks to weaker-than-expected euro zone data.
Weak U.S. retail sales pressure dollar/yen; euro weakens
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