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The European currency is under pressure following the Q&A session by President Draghi, with EUR/USD so far managing to keep the trade above the key support at 1.1200 the figure...
The euro is trading mixed ahead of the ECB meeting today. The European Central Bank is expected to cut its inflation forecast for 2019. Indeed the CPI should, according to an official European report, fall to 1.5% within the next three years while growth should remain below 2...
The publication of the latest batch of economic data from Switzerland went largely unnoticed as investors await impatiently the results of the UK general election and Mario Draghi’s press conference later this afternoon. The EUR/CHF was treading water above the 1...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, June 8th Today the EUR/USD is showing lack of momentum, having stuck in a range of 15-pips near the level of 1...
Despite all the volatility of foreign exchange markets and the uncertainty in the world political arena observed in recent weeks, the US stock market remains stable, as evidenced by the continued growth of major US stock indexes...
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EUR/USD The pair should continue to remain above 1.1101 in the near future. The euro continues to remain below the high of November 2016 at 1.1300. The nearest risk is that the correction will develop up to the 2-month uptrend line. USD/JPY The breakthrough of the pair below 110...
At the press conference Bloomberg Invest New York, Gross (the founder of Pimco) said: “Instead of buying low and selling high, you’re buying high and crossing your fingers”...
According to the latest data from the Fed, published yesterday at the end of the trading day, consumer credit growth in the US slowed in April and was the lowest since August 2011. Consumer lending in the US in April rose by $ 8.20 billion, thus increasing by 2...
double calculateProfit() { /* double profit = 0; for (int i = 0; i < symbol_size; i++) {...
Most traders are just too busy finding the right strategy, testing every indicators out there yet they still end up losing or getting their trading account wiped out, trading is a tough nut to crack and if we are not doing things in the right perspective we are destined to fail...
AUDUSD. The pair continues to retain its upside pressure rallying further on Wednesday. On the downside, support resides at the 0.7500 level where a breach will aim at the 0.7450 level. Below that level will set the stage for a run at the 0...
German Factory orders declined - surprisingly - more than expected in April at -2.1% m/m. Indeed, recent economic data was on the strong side and showed that Germany was on a strong recovery road. The Factory Orders forecast, even though negative, was way more optimistic...
The Australian dollar rose 0.64% on Wednesday amid the release of solid growth figures for the first quarter. The better-than-expected GDP figures caught investors off guard as many were expecting the Australian economy to have suffered more during the first three months of the year...
Markets were quiet on Tuesday and traders are wondering whether this could be the calm before the storm. There was little consistency in the performance of both EUR/USD and GBP/USD ahead of tomorrow's Super Thursday as market participants are in a 'wait and see mode'...
While all the attention of investors is concentrated these days on Europe, the Australian dollar has received powerful support today from positive macro statistics and is actively growing in the foreign exchange market...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, June 7th The EUR/USD pair remains offered so far this session, refreshing its daily lows at 1...
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AUD/USD The Australian dollar becomes the leader of growth again. This time on a report on GDP in Australia, which was not so bad. Nothing outstanding but + 0.3% is better than the negative values. At the beginning of the European session AUDUSD updated the intraday high at 0.7550...