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European stocks edged higher early Wednesday after taking a sharp tumble in yesterday’s afternoon session. Bonds and the dollar rallied, leaving benchmark yields at their lowest in some months,...
Market Overview The dollar remains subdued as the Federal Reserve meeting approaches. Given the recent run of disappointing US data, the market is taking a view that the Fed is set to tread a patient...
After the shocker of 2016 which saw the pound have its worst year since 2008, falling 16% against the US dollar and 11.5% against the euro, the pound was able to find a semblance of stability in 2017,...
Tuesday December 11: Five things the markets are talking about The US dollar remains better bid on pull backs, as investors pile into the currency amid worries over global trade, Brexit and big swings...
Market Overview The uncertainty in UK politics surrounding Brexit is enormous. Often with events, uncertainty comes into a binary pattern of potential events. However, with Brexit, there is such an...
Wall Street may have crept a little higher during Thursday’s trade, with the advance retail sales figure for October impressing, which has in turn the market at least a little to...
Clutching at straws Would-be dollar sellers didn’t clutch at straws for long in the wake of the Fed’s Wednesday evening policy announcement. Rates weren’t changed but finely-honed...
EURUSD Big bearish opening long black marubozo that closed below the old reverse h+s neckline (currently 1.2232)…this is now resistance… and right on the medium ma (currently 1.2212)...
EURUSD Just about a key reversal up and a bullish engulfing pattern …plus we may be on for a pipe bottom…however…there’s limited follow on so far…as a...
EURUSD A new mar high but also a possible bearish dark cloud cover pattern…however…the market rejected testing the combination support of the middle tine of the jun – sep 2017...
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