July 17 - Americas End-of-Day Oil Summary: WTI crude is higher today but remains within the trading ...
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USDJPY is higher, but remains inside the broad range and below last week’s high. Recent weakness suggests the correction between Jun 3 - 11, is over. The trend direction is down - moving average studies are in a clear bear-mode position, highlighting a dominant downtrend. A resumption of weakness would open 142.12, the May 27 low. Key short-term resistance is 146.28, the May 29 high. First resistance is 145.46, Jun 11 high.
The Federal Reserve has provided notice that it will hold an Open Board Meeting at 2pm ET on Wednesday Jun 25, with the subject: "Proposed revisions to the Board’s supplementary leverage ratio standards".