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This week will bring a slew of economic data worldwide. Although a deal between Greece and its creditors has been reached Monday, the negotiations will continue this week...
After a short rally, the euro dipped this morning Markets rallied this morning after Greece finally reached a deal with its creditors after a marathon 17-hour session (not to mention six months of will-they-won't-they discussions). But after an initial jump during which the euro bounced to $1...
On Monday oil prices fell by as much as 3 percent as Iran and six world powers were close to concluding a nuclear deal...
As we know - Barclays estimated the target for EUR/USD at year-end as 1.04. Fow now - Nomura evaluated this pair against the possible fundamental risks and factors and told about 1...
For today R4 - 0.7599 R3 - 0.7567 R2 - 0.7533 R1 - 0.7510...
Some banks are trying to predict the values for EUR/USD and for other pairs at year-end providing their technical analysis using support/resistance and 200 SMA indicator. For example, Barclays estimated the EUR/USD to be 1.04, some other banks evaluated GBP/USD to be round 1.45 for example...
Let's make such a prediction at year-end for S&P 500 using the following simple technical analysis tools: support and resistance lines, and Simple Moving Averages indicator (which is standard indicator in Metatrader 4 and Metatrader 5) As we see from the charts below (W1 timeframe and MN1 tim...
The IMF Forecast Lower Growth For The World Economy The IMF yesterday lowered his predictions against global economic growth by 2015 and argues that the world economy in the short term will face risks such as monetary market upheaval and asset price ups and downs as well as the potential risks of...
Constructive strategies to Asia-Pacific. The U.S. needs a strategy to constructive ties toward an open order and based on rules that will help the development for prosperity and cooperation in Asia. That is definitely not desired withdrawal or aggressive U.S. Temperance...
It’s been five months since Johnson Umeadi and his wife, Adaku, received their salaries as government workers in southeastern Nigeria. With Nigeria’s finances shot by last year’s collapse in oil prices, they’re struggling with rent and can’t afford school fees for their three children...
A strengthening U.S. economy may prompt the Federal Reserve to raise interest rates as soon as September, said Byron Wien, vice chairman of the advisory services unit at Blackstone Group LP...
In this article I will provide my view on the NZD/USD, AUD/CHF and the GBP/CAD. These are the pairs that I am currently interested in or was interested in last week for trading with the FxTaTrader weekly strategy...
The euro started another week on a declining note, while the yen strengthened, as the latest twist in the Greek bailout saga reaffirmed demand for haven investments. The Australian and New Zealand dollars retreated. The 19-nation euro dropped 0.6 percent to $1.1097 by 6:01 a.m. in Tokyo, losing 0...
The euro faces a volatile start to trading in Asia after Greece was told it must pass legislation on austerity measures through parliament before detailed negotiations with creditors on financial aid can begin. The shared currency was quoted at $1.10805 via EBS pricing as of 2:51 p.m...
D1 price is located below 200-day MA and below 100-day MA for the primary bearish market condition with secondary market rally as local uptrend: 23.6% Fibo level at 0.9429 was broken by price from below to above with next levels on 100-day MA at 0.9500 and 200-day MA at 0.9520...
European finance chiefs said they were unlikely to strike a deal on the outlines of a third Greek bailout, threatening to delay the cash infusion Prime Minister Alexis Tsipras desperately needs...
Greece struggling to convince creditors it’s for real As it seeks a third European bailout in five years, Athens aims to show it can push through dramatic reforms BRUSSELS (AP) — Greece’s finance minister was struggling late Saturday to convince skeptical creditors that the Greek government can b...
Average annual income is at $47,056, though compulsory deductions were a high 37.8 percent. Disposable income level dropped by $544. Foodstuffs, electrical goods, tourism, machinery and chemicals dominate its economy...