Pound sterling slipped lower Monday, pressured by lower-than-expected growth and manufacturing production data, as well as dovish comments from BoE’s Vlieghe.
14
Jan
2020
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13
Jan
2020
Monday 13th January: Asian markets higher as investors look forward to trade deal signing
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Global Markets: Asian Stock Markets : Nikkei up 0.47%, Shanghai Composite up 0.75%, Hang Seng up 1.21%, ASX down 0.37% Commodities : Gold at $1553.65 (-0.41%), Silver at $18.00 (-0.56%), Brent Oil at $65.00 (+0.03%), WTI Oil at $59.12 (+0.14%) Rates : US 10-year yield at 1.834, UK 10-year yield at 0.774, Germany 10-year yield … Continue reading Monday 13th January: Asian markets higher as investors look forward to trade deal signing
12
Jan
2020
Monday 13th January: Weekly Technical Outlook and Review.
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Wednesday, in the shape of a 47-point downward move, overthrew not only the 200-day SMA (orange – 1.1139) but also a local channel support, taken from the low 1.0981. The nearby 50-day SMA (blue – 1.1090) entered the fold Friday, providing support by way of a bullish engulfing candle over Thursday’s doji indecision formation.
10
Jan
2020
Friday 10th January: Apple suppliers in the limelight as bumper iPhone sales in China reported
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Global Markets: Asian Stock Markets : Nikkei up 0.47%, Shanghai Composite down 0.08%, Hang Seng up 0.31%, ASX up 0.80% Commodities : Gold at $1550.05 (-0.27%), Silver at $17.90 (-0.19%), Brent Oil at $65.30 (-0.11%), WTI Oil at $59.47 (-0.15%) Rates : US 10-year yield at 1.863, UK 10-year yield at 0.820, Germany 10-year yield … Continue reading Friday 10th January: Apple suppliers in the limelight as bumper iPhone sales in China reported
10
Jan
2020
Friday 10th January: Dollar Index Advances Ahead of Non-Farm Payrolls Data.
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Thursday had the euro slightly softer against a sturdier buck, as the US dollar index, or DXY, elbowed above 97.50. As of current price, buyers and sellers are squaring off a touch below the 1.11 handle on the H4 timeframe.