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The outcome of the UK general election was quite a surprise as the market was broadly anticipating a victory for the Conservatives. Investors had bet heavily that Theresa May would have been able to reinforce her party's support in the House of Commons...
GPB/USD The British currency will be determined by economic dynamics and monetary policy in the long term...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, June 9th The UK general election is over and outcome of this event is not so optimistic for the pound, as the Britain has voted for chaos...
The third trading session the dollar strengthens in the foreign exchange market against the assets-shelters - yen, franc, precious metals...
A speculator may need to invest hours on the PC to concentrate the perplexing and consistent cash developments...
По текущим итогам выборов в Британии уже не вызывает сомнений факт подвешенного парламента, поскольку консерваторам не удалось набрать необходимого числа голосов для получения 326 мест в парламенте...
GBP/USD has fallen more than 300 pips on UK Election results. Neither the Conservative Party nor the Labor Party could win the majority. GBP/USD started falling when the exit poll results showed that Conservative Party wont win a majority. Thursday was difficult day for the currency traders...
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...
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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...
