As EUR/USD reached a high ZZ, the level 2 set up indicated the moving averages tangled together in a ranging period, especially in D1, but indicating the possibility of the set up turning in to a SELL set up. Hence entered another SELL order with 0...
U.S. issues 10-count prosecution as a detriment to previous Nomura merchants. RMBS brokers prepared partners to deceive customers, U.S. Says. Three previous Nomura Holdings Inc...
China store keep running by ex-SAC chiefs increased 4.6% in August. A month ago's increase conveyed year-to-date come back to 41.3...
If the global economy slips into a moderately deep recession next year, it will most likely be dragged down by shrinking growth in major emerging markets - especially a recession in China, says Willem Buiter, chief economist at Citigroup...
EURUSD: EUR looks to strengthen further following a strong bullish offensive during Thursday trading session. A follow-through higher on that gain is expected to create scope for more recovery with eyes on its key resistance at 1.1331 level. Resistance is seen at 1...
Increasing speed in lodging is inescapable. There's a major motivation to trust that the U.S. economy will have the capacity to withstand the begin of the Fed fixing cycle: There's still a lot of repressed action in the lodging area. What's more, it's difficult to see the U.S...
Loss of liquidity may hamper endeavors to bait establishments Hedge funds among greatest washouts from new exchanging checks Include the world's greatest stock-record prospects business sector to the rundown of losses from China's interventionist battle to stop a $5 trillion value defeat...
DeMark predicts a 4.5% development in the Shanghai Composite Index Chinese approach creators' mediation is deferring stock retreat Tom DeMark, who anticipated a month ago's selloff in Chinese stocks, said the Shanghai Composite Index may rise more than 4 percent before continuing its decay...
Stocks dove, fiscal approach faltered, yet Beijing at last settled the "altering." China's administration of the world's second-biggest economy hasn't gone swimmingly recently, yet powers have succeeded in one indispensable however minimal saw mission...
A fall can continue. On the 4-hour chart, the price broke down the 23.6% Fibonacci correction for the short-term trend (0.7290). At present, the next bearish target seems to be the level of 0.7227 (38.2% Fibonacci crossover with the 38...
Serbia's Central Bank Cuts Rates to Spur Inflation, Economy Choice an amazement to 14 of 23 business analysts, who saw no change Serbian GDP shrank in 2014 and swelling stays beneath target Serbia cut acquiring expenses for a brief moment month, exploiting a steady money as it looks to rev up swe...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/CHF, and AUD/USD. EUR/USD: It is hard to see how the pair will break out of 1.1100-1.1250, but intraday market moves still show a lot of nervousness...
The "death cross" omen in the Standard & Poor's 500 gauge may well predict better days if history is any guide, says Bloomberg strategist...
USDJPY: With earlier gains taken back and a bull pressure now seen, a move further higher towards the 122.00 level could occur. On the upside, resistance resides at the 122.00 level with a turn above here aiming at the 122.50 level. A break will target the 123.00 level...
There may be very few people in the country who think Singapore's powerful ruling party will lose tomorrow's general election...
#Copper #futures are at the highest level in the last seven weeks. The metal was supported with hopes that China will take new measures to stimulate the economy in the near future and the reduction of copper production. Find out more by checking out the Source Link...
#GBPUSD dynamics is still interesting. Yesterday bulls stayed afloat even after disappointing data on the UK industrial production. Today the meeting of the Bank of England may lead to sharp changes in the balance of #market forces. Find out more by checking out the Source Link...
#USDCAD bounced from an upward #trend line after the BOC meeting. The central bank has decided to leave the interest rate unchanged, but the accompanying statement did not contain the excessive pessimism. Find out more by checking out the Source Link...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, September 10th NZD/USD fell sharply after RBNZ cut its interest rate to 2.75%. The pair quickly erased gains of the previous two days currently trading at 0.6262...
