30 November, 2018
The US dollar strengthened slightly, as markets are awaiting the outcome of negotiations between the leaders of the two largest economies in the world this weekend, which could determine whether trade tensions between them would escalate further...
The British pound remains weak versus US dollar. The GBP/USD pair fell by 0.26% and traded at 1.2756 level. Analysts suggest, that the pound will hit historic lows against both the euro and US dollar before March, because Prime Minister Theresa May's Brexit proposal looks almost certain to be rejected by parliament...
Growth of the Eurozone consumer inflation slowed as expected in November, supporting European Central Bank’s plans on exit from monetary stimulus. Meanwhile, core inflation readings were also below market expectations...
The German DAX stock index is still under pressure. The DAX fell by 0.62% to trade at 11.241 level. Earlier today, the DAX fell to 11.224, reaching its lowest level since November 21...
The euro continues to show slight losses versus US dollar today. The EUR/USD pair is trading at 1.1378, having lost another 0.13% on the day. Markets expect the release of the Eurozone inflation report and unemployment rate data...
Stance of trading is still neutral for consolidation, as the cross is staying in a range of 144.02/145.99. Another fall is expected, while resistance 145.99 keeps...
Trading is on the upside for more recovery, but price moves from 127.49 are a corrective Still, another fall is not excluded, considering resistance 130.14...
Trading is neutral, as the cross recovered after hitting of 1.5519. Overcoming of 1.5519 will indicate resumption of the fall from 1.6357 to cluster support zone 1.5271/5313...
Trading tone is neutral, as the cross recovered after falling to 0.8810...
Increased trade tension between the US and China continues to influence the world’s second largest economy. Growth of the China's manufacturing sector stalled for the first time in over two years in November, amid slowing of new orders growth. The new orders sub-index, an indicator of future activity, declined to 50.4 from 50.8, with export orders shrinking for a sixth straight month...
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