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Asian Stocks in Red Ahead of Non Farm Job Results, Gold Finds Support Around $1230 All the major Asian markets are trading in red as market await NFP job results. In addition, Gold remains supported around $1230 mark...
EURUSD Daily Forecast: April 01 2016 EURUSD Forecast The EURUSD continued its bullish momentum yesterday topped at 1.1411. The bias remains bullish in nearest term testing 1.1450 – 1.1500 region which remains a good place to sell. Immediate support is seen around 1.1365...
I sat down this morning thinking that I’d write some sort of April fools joke type piece saying that the Fed had raised rates in an ad-hoc meeting in a New York City bunker overnight, but I quickly decided against it to avoid being sued… April Fools Day or not, today is also NFP Friday...
Two of the world’s largest money managers are divided about where the dollar goes from here after the greenback’s worst quarter in more than five years. The BlackRock Investment Institute says there’s room for the U.S...
GBPUSD Daily Forecast: April 01 2016 GBPUSD Forecast The GBPUSD was indecisive yesterday. Price attempted to push higher, slipped above 1.4400 but again, failed to stay consistently above 1.4400. The bias remains bearish in nearest term testing 1.4280 – 1.4200 region...
USDJPY Daily Forecast: April 01 2016 USDJPY Forecast The USDJPY had another indecisive movement yesterday. There are no changes in my technical outlook. The bias remains bearish in nearest term testing 111.50 region. Immediate resistance remains around 112.80...
USDCHF Daily Forecast: April 01 2016 USDCHF Forecast The USDCHF attempted to push lower yesterday bottomed at 0.9571 but closed a little bit higher at 0.9614. The bias is bearish in nearest term especially if price able to make a clear break below 0.9570 testing 0.9500 or lower...
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In 2003, Turney Duff's total compensation amounted to $1.9 million. At the time, he was the head trader at Argus Partners, a multi-billion dollar fund focused on health care stocks. Today, his life looks very different...
The Canadian economy expanded in January by 0.6 percent doubling economists expectations. This is the strongest monthly GDP figure since the price of oil was above $100 in July 2013...
Tomorrow the number of US non-farm employment numbers will be released, together with the Unemployment rate. Before, at 9:30 UTC+1, the British manufacturing PMI will also be known. GBPUSD is on a short-term uptrend, ad on the long-term, it’s near a down trendline...
Analytical Review of the Walt Disney Company’s Shares The Walt Disney Company, #DIS [NYSE] Services, Entertainment, USA Financial performance: Index –DJIA, S&P 500...
Yuan Devaluation Hurting China's Big Caps - UOB Analysts at UOB group explained that China's Big Three state-owned airlines (China Southern Airlines Co., China Eastern Airlines Corp., and Air China Ltd.) combined suffered about US$2...
BoE: Credit Crunch Risks Ahead? - BTMU Analysts at Bank of Tokyo explained that the BoE warns of credit crunch risks...
USD/JPY is Vulnerable to a Resolution - Scotiabank Eric Theoret, CFA, CMT FX Strategist at Scotibank explained that JPY is steady consolidating its recent gains, trading around the mid-point of its multi-month range...
NZD/USD: Can the Rally Carry On? NZD/USD is struggling to continue perform having been at the top of its game this week, following a sell-off in the greenback and a better performing commodities sector over the last couple of months. NZD/USD was a rally from 0...
Don't worry, UK Deficits are Financed with Ease - BTMU Analysts at Bank of Tokyo Mitsubishi explained that the current account deficit has not garnered too much attention in financial markets in part due to the evidence from the financial account that shows very strong foreign direct and portfoli...
