Tuesday, October 16, 2018
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Japanese Yen still sinking, yet the rate shows sign of exhaustion The USD/JPY pair is still trading well over 113.50 and it is at the year’s peak as well. Although the fundamental picture is still favoring the USD, GBP and EUR against JPY, the rate of fall has shown significant...
Euro gaining sharply as Italian budget report soothing, local political reaction to be eyed News of Italian Budgetary restrain is on the market, Euro gaining sharply after a slight downfall following new NAFTA deal Rome is still intended to reduce the budget deficit Italian Domestic Political reaction should be...
Crude oil aiming at 2018 high, Gold might be at risk after a positive NAFTA deal The US, Canada and Mexico have reached a last-minute NAFTA negotiation. Crude oil price is aiming at 2018 high, currently resides well above 75.50 Gold future does not look brightening as rising bonds...
CAD Climbing on a New NAFTA deal, GBP living on a “Brexit deal” Prayer, EURO may bounce soon CAD is strengthening to a 4-month high as US and Canada reached a new NAFTA (USMCA) deal GBP is living on a Brexit deal prayer, as UK agreed to compromise on...
Although, the crypto market was continuously being pushed back from recent lows and the Bitcoin price action was whirling on a close range between $5,700 and $6,700, right now seems to be moment for Bitcoin to rally further. As we have already watched the upside break of Litecoin, Ripple...
DXY Gaining, EUR/USD Breaking Uptrend seems Momentarily, as Italian Budget concerns appears to be resolving reiteration As the final quarter of the year has been set up quite nicely to begin in next week, DXY is gaining, EUR/USD downfall momentum seems to be momentarily in nature and Italian budget concerns...
Today gold price is tumbling followed by a peculiar US Dollar recovery and the USD invasion was started at GMT 1AM, 27.09.18. However, the USD greenback managed to make gold falling back well below 1185.10 region. While writing this report, the gold was trading at 1184.14. Chiefly the political...
Asian Stocks gaining, as US dollar Strengthening, yet how long bullish trends could hold on? Stock markets blooming, posting broad gains The Nikkei 225 reached 27-yr tops USD is broadly firmer and the USD invasion began today at GMT. 1AM (27.09.18) and it already secured around 80 pips daily...
Ripple chart mixed, Litecoin stuck in a corner, Bitcoin remains dominant and yet to keep up the pace Crypto technical analysis Bitcoin remains dominant, as it again is turning upwards above the 6,510 regions. Ripple’s positive rally is helping to build positive market sentiment. For the last three months, the cryptocurrency...
The US dollar has been trading on a sideways move with a technically bearish outlook since the beginning of the September as the FED hikes. There is a key concept of today’s press briefing and it is regarding the significant chance of future pace contraction. Apart from the today’s rate...