US: Some signs of growth plateauing - AmpGFX

Greg Gibbs, Director at Amplifying Global FX Capital, explains US economic momentum sill appears relatively solid but there have been some less impressive indicators that may portend a moderation in coming months. 

Key Quotes

“Core capital goods orders (nondefense, excluding aircraft) stalled in Jan/Feb after a modest recovery from a low in May last year. The preliminary Markit USA manufacturing PMI survey ebbed for a second month in March.”

USD longs fell, EUR shorts halved – Rabobank

Analysts at Rabobank list down the IMM net speculators’ positioning as at 21 March, 2017. Key Quotes “EUR shorts more than halved last week to their
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EUR/USD sidelined near 1.0860 ahead of US data, Fedspeak

After climbing to the vicinity of 1.0900 the figure at the beginning of the week, EUR/USD is now looking to consolidate around 1.0860. EUR/USD attent
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