The euro weakened from a 2 1/2-year high against the dollar as European Central Bank President Mario Draghi said policy makers were comfortable with taking additional policy action in ... Read More
U.S. stocks fluctuated, following the biggest advance in three weeks for the Standard & Poor’s 500 Index, as technology stocks declined for a third day and Tesla Motors Inc. ... Read More
The unemployment rate has held steady in April against expectations of a rise, according to data from the Australian Bureau of Statistics. The total number of jobs in Australia ... Read More
Grain markets are split between the drought-hit wheat areas of the USA and the far better-looking crops of Europe. US wheat futures have risen to their highest for more ... Read More
German industrial production dropped 0.5 percent in March, a retreat that has raised some concerns over the outlook for Europe’s largest economy in light of the tensions in Ukraine ... Read More
Pair’s Outlook As many of the supports have already given up, it is now 200-day SMA’s task to revive a bullish momentum of USD/JPY. For now the moving average ... Read More
Pair’s Outlook Judging by the currency pair’s behaviour near 1.70 yesterday, the resistance created by the 2009 highs and monthly R1 will be difficult to breach. But if the ... Read More
Pair’s Outlook After approaching the up-trend resistance line and monthly R1 level at 1.3958, EUR/USD turned around and closed beneath the weekly R1. Nevertheless, most of the technical indicators ... Read More
Pair’s Outlook Despite the different directions implied by the various technical indicators, GBP/USD soared through the nearest resistances and reached the 2009 highs at 1.70. Since this level is ... Read More
Pair’s Outlook Instead of declining from 1.39, a multi-year down-trend, the Euro notably appreciated, as was suggested by the technical indicators. Considering that the signals remain strongly positive, the ... Read More
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