28 September, 2018
The global trade tensions, emerging market (EM) crises and central banks’ policy tightening showed significant impact on the financial markets in the third quarter of 2018...
The British pound weakened against the US dollar, with the GBP/USD pair slumping to two-week lows after a weak report on UK GDP for the second quarter. UK Q2 GDP was finalized at 0.4% qoq, unrevised...
Inflation pressure in the Eurozone unexpectedly weakened in September, increasing concerns for the European Central Bank, which prepares to curb economic stimulus measures...
Euro continues to fall versus US dollar today, after sharp losses on Thursday. The EUR/USD pair is trading at 1.1622 level, having lost another 0.16% on the day...
European stocks fell significantly today, led by Italian markets which are sharply lower. The German DAX stock index is trading at 12.275 level, having lost 1.31%. European equity markets are pressured by news about Italian budget plan...
China releases the official PMI survey on Sunday, along with a similar official survey on services, and the private Caixin manufacturing PMI...
Trading is neutral, as the cross is staying in consolidation from a temporary top 149.70. Further growth is expected while resistance turned support 145.67 keeps...
Trading tone is still neutral, as consolidation from 133.12 continues. Deeper pull back is not excluded. Hitting of 100% projection of 124.89 to 130.86 from 127.85 at 133.82 will aline high 137.49...
Stance of trading is neutral and fall from 0.8994 is a corrective. Further rise is expected. Trading above 0.8994 will aline resistance 0.9097...
Trading is on the downside for 1.6051, but correction from 1.6353 goes on and would likely extend through support 1.6051...
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