WikiFX| Daily F.X. Analysis, July 2 |Desmond Adeosun-KOL
EUR/USD is traded at 1.1270 and is signaling strong buyers in the short term again. Technically, the minor retreat it seems finished after another false breakdown below the 1.1200 psychological level.
WikiFX| Daily F.X. Analysis, July 2 |Arslan Ali Butt-KOL
Rating firms in India are seeking to withdraw credit scores where issuers don‘t provide enough information to support their assessments in a move that could potentially affect nearly half the country’s ratings.
Consulting firm Accenture is cutting up to 900 jobs, or 8% of its U.K. workforce, as the coronavirus pandemic prompted a sharp slump in demand for its advisory work.
USDX saw the largest weekly increase in a month last week, gaining 0.54% over the whole week. Analysis pointed out that the second wave of coronavirus global outbreak boosted market risk aversion and made USD much sought after by investors, but in my opinion, the V shape rebound in US has been the main cause.
Image copyrightGetty ImagesImage caption David Clark confirmed on Thursday that he had resigned from
A Federal Reserve yield-curve control policy would likely weigh on the dollar-yen, with the length of its target maturity dictating the pressure on the pair, according to Japans currency strategists.
WikiFX| Daily F.X. Analysis, July 1 |Desmond Adeosun-KOL
WikiFX| Daily F.X. Analysis, July 1 |Arslan Ali Butt-KOL
Deutsche Boerse AGs electronic trading system was halted due to a technical glitch on Wednesday, the second such outage this year.
EUR/USD is trading in the red according to the Daily chart, but it is still traded above a major support area, a further drop is far from being confirmed. The pair seems undecided, but I really hope that the US data will give us a clear direction these days.
Financial-market concerns have become something like a new third mandate for the Federal Reserve, alongside its statutory objectives of price stability and full employment, according to Prudential Financial Inc.
Everyone wants to make money in forex and to make an accurate and correct technical analysis of forex, and then decide whether to buy or sell in order to get a positive return. Bollinger bands(BOLL) can help you buy and sell accurately, so how to use it?
While the currency market is open for 24 hours, 6 days a week, there is a particularly golden window of opportunity which you can profit from.As you already know, profit is found in price movements. You will want to exploit this golden window of opportunity to reduce frustration due small price movements and lost time. You will learn 3 general tips before we dive into a specific trading session!
The dollar fluctuated between losses and gains, then fell yesterday as markets digested a slightly bearish tone from US monetary officials, offset by predictions that worry about the corona virus from medical experts.
Singapore home prices fell the most in three years in the second quarter as a city-wide shutdown to contain the coronavirus put the brakes on the property market. Analysts said the slide may not be over.
Australian house prices fell for a second straight month in June, as the coronavirus shutdowns continue to weigh on the property market.
Hopes of a swift recovery for the U.K. economy could be dashed, according to a survey that revealed the parlous state of Britains businesses.
Confidence is waning in economic improvement as the Covid-19 situation worsens in several states.
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