We had a fairly subdued end to what has been a pretty eventful week characterised by additional oil market (and broader commodity price) strength linked to Donald Trump’s decision to pull out of the Iran nuclear deal, a failure of US CPI inflation to accelerate, an abrupt mid-week reversal of earlier US Dollar strength and which meant AUD pulled back up comfortably above 0.75, and a positive week for risk sentiment – Trump’s Iran decision notwithstanding – that saw the VIX closing below 13 for the first time since 26th January. For the Australian Dollar, Friday’s close around 0.7540 put it a pip or two above the previous Friday’s close. Few would have bet on it ending the week in the black after making a low of 0.7412 at mid-week.

To mark my 1580th 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. To demonstrate this value, a monthly subscription over the same period would cost 4440 euro in total. This offer represents a 38% discount and is open to both new and existing members. If anyone is interested in this offer can you please email me on bryan@tradernoble.com for details

For anyone following my Platinum Service it finished flat on Friday and is still ahead by 553 points for May, having made 1657 points in April, 1760 points in March, 2256 points in February, 879 points in January and 946 points in December. Since I started this New Platinum Service in June 2015 it has averaged a monthly gain of over 1600 points

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