More of the same for currencies and bonds on Friday, the US dollar continuing to leak lower alongside US Treasury yields. Latest news out of Washington helping maintain the bearish dollar tone was the resignation of white House press secretary Sean Spicer, after telling President Trump he vehemently disagreed with his appointment of Anthony Scaramucci, a New York financier, as his new communications director. US stocks went out with a whimper Friday, the S&P – 0.04% for a fall of 0.3% on the week. The VIX made a new post-1993 record closing low of 9.36 (-0.22 on the day and -0.15 on the week). In contrast, the latest leg up in the Euro took a fresh bite out of European stocks, the Eurostoxx 50 off 1.37% and down 2.1% on the week.

To mark my 1375th issue of Tradernoble Daily Commentary I am offering a special 2 year rate of Euro 2750 for my Platinum Service which includes 1 to 4 updated emails throughout the trading day. This offer is open to both new and existing members and if anyone is interested can you please contact me on for details.

For anyone following my Platinum Service it lost 15 points on Friday and is now ahead by 712 points for July, having made 1023 points in June, 1071 in May, 1376 in April, 1335 in March, 1481 in February and 1734 in January. Since I started this New Platinum Service in June 2015 it has averaged a monthly gain of over 1700 points.

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