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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;
Forex news for NY trading on July 20, 2018. In other markets: Spot gold is trading higher today on the back of the lower dollar. The price is up $8 or 0.66% at $1231. The 200 week MA was broken this week at $1234 and it will close below that MA.  However, the recovery today
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;
MA and 38.2% slowing the rise Yesterday, crude oil moved sharply higher on the back of news that Saudi Arabia will keep production in July near June levels and they expected to oil exports to drop in August (so unlikely to raise production).   The price moved to the 38.2% and stalled.  Today, the price moved
No surprise They add: Comments today are reiterations of long held positions  Of course Trump’s business success has been off real estate and from leveraging other peoples money, not his own.  Hence lower rates are always best. The Fed, on the other hand, is there to protect against the business cycle and things like inflation
Forex news from the European trading session – 19 July 2018 Headlines: Markets: USD leads, NZD lags behind on the day European equities lower, losses led by mining stocks Gold down 0.93% to $1,216.04 WTI crude down 1.29% to $67.87 US 10-year yields up 2.2 bps to 2.891% Bitcoin up 0.70% to $7,388 It’s another
These posts from earlier on the labout market report for June A response from Westpac, this in brief from a longer piece: result is a very positive one Putting it into context, it still caps off a slower first half of 2018 for Australian employment growth than last year’s uplift of 3.4% six month annualised
Reuters report, citing PBOC source China plans to introduce lending incentives by boosting liquidity at commercial banks, according to a Reuters source. This would be in tandem with recent moves to encourage debt and equity stakes in companies and would use the PBOC’s medium-term loan facility. The Shangahi Composite bounced in the middle of this
Pacific Investment Management Company with remarks on the Chinse currency Amid fears of escalating trade tensions, the yuan’s sharp depreciation against the dollar last month has spooked some investors who see similarities with China’s currency devaluation in 2015, an episode that prompted capital outflows and roiled markets worldwide. Yet despite the similarities, differences in the
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;
Bitcoin is up by more than 5% on the day, the biggest daily gain since 2 July ForexLive The increase seems to be tied to the fact that to a report earlier that BlackRock has formed a team looking to take advantage of cryptocurrencies and blockchain technology. The firm has since come out to clarify
Lots of overhead resistance  The GBPUSD moved up through channel trend line and the 38.2% and the close from yesterday all around the 1.3202 area.  That kept the bulls more in control.   However, the pair is running into more overhead resistance defined by the 100 hour MA, the 200 hour MA and the 50%
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;