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The UNITED NATIONS World Tourism Organization (UNWTO) praised China's steps in promoting rural tourism as a step towards fighting poverty, such as the UNWTO spokesman disclosed in a statement last Tuesday...
U.S. industrial products increased. New orders to U.S. industrial goods rose sharply last June due to strong demand for transportation equipment and other products, a promising sign for the manufacturing sector are trying to rise up at this time. The U.S...
"A TRUCE": Assistant Governor (economic) Christopher Kent (left), Governor of Australia's Central Bank (RBI) Glenn Stevens (middle) and Deputy Governor Philip Lowe in the photo archive at a hearing with the HOUSE of REPRESENTATIVES Economics Committee of Australia...
GBPUSD: Reverses Gain, Eyes Further Upside Pressure GBPUSD: With GBP reversing its two-day weakness on Wednesday following a strong rally, risk of further move higher is likely. On the downside, support lies at the 1.5550 level where a break if seen will aim at the 1.5500 level...
The International Monetary Fund has hinted there will be no quick decision as to whether it may include the Chinese yuan in its strategic basket of reserve currencies, as the Chinese currency still needs to meet important financial norms...
Apple's shares closed at $114.64 yesterday, basically where they started the year despite rising to $134 in April. Undoubtedly, the company is going through tough times...
On Wednesday gold prices bounced off the lowest levels of the session, after data showed that U.S...
Bank of Tokyo-Mitsubishi (BTMU) made their fundamental forecasts for EURUSD based on some fundamental factors: "The euro weakened in July with the focus in the foreign exchange market shifting away from the uncertainty related to ‘Grexit’ and back to the monetary policy divergence between the eur...
The dollar tumbled Wednesday after ADP said the U.S. private sector added only 185,000 jobs in July...
Once again, the yellow is locked above black in H1 and H4 and the price is near a low ZZ in D1. Believe that the price will move to the next level of 1110, at least...
On Wednesday the pound was higher against the dollar despite data indicating that growth in the U.K. service sector slowed more than expected last month, signaling that the economic recovery may be losing momentum...
M5 price is located below SMA with period 200 (200-SMA) for the primary bearish market condition. SMA with the period 100 (100-SMA) is located near and above the price, and if the price will break 100-SMA from below to above so we may see the ranging market condition within the primary bearish...
W1 price is located above 200 period SMA (200-SMA) and 100 period SMA (100-SMA) with the primary bullish for secondary ranging between Fibo resistance level at 125.85 and 23.6% Fibo support level at 119...
When it comes to trading on modern markets everyone should think not only about current work instrument but about many related instruments which form a complex unified environment for price movements...
A reading of China's services sector expanded significantly in July, a positive sign that was in sharp contrast to recent soft manufacturing data...
The euro was at 2-week lows against the greenback on Wednesday despite data showing that service sector activity in the euro area rose unexpectedly in the last quarter. The dollar was meanwhile supported after the Fed official said the rate hike may take place as early as September...
Bank of England's governor Mark Carney wants investors to get ready for tighter monetary policy. However, analysts warn him from overplaying his hand on Thursday talking about higher U.K. interest rates, as it may send the pound soaring, which is harmful for the U.K. economy...
On Wednesday gold prices eased slightly in Asia trade after remarks from a Federal Reserve board voting member that a widely expected rate hike this year could be "close...
