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A lot of investing in China this year has depended on trade negotiations with the US, and recent trade talks between the two countries were constructive...
The impressive depreciation of the South African rand observed in the past three months following the July monetary policy meeting amid Moody’s credit downgrade risk due to a growing fiscal deficit risk and trade war fears that triggered a consequent CNY decline, have made the ZAR one of the wors...
USDJPY Retains Its Broader Uptrend...
For the first time, UK members of Parliament have delivered a majority in favor of a deal to leave the European Union. MPs voted by a majority of 329 to 299 to support Boris Johnson's Brexit deal at its second reading, which paves the way for the UK to complete its departure...
Tomorrow's ECB meeting will probably remain largely ceremonial, as the Governor of the European Central Bank, Mario Draghi, is expected to deliver his last monetary policy meeting after an eight-year term while German Isabel Schnabel is expected to get nominated within ECB board in replacement to...
Pivot (invalidation): 53.85 Our preference Long positions above 53.85 with targets at 54.55 & 54.80 in extension. Alternative scenario...
Pivot (invalidation): 17.4300 Our preference Long positions above 17.4300 with targets at 17.5900 & 17.6600 in extension. Alternative scenario...