Technical Analysis
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Oil Prices Hit Four Year Low at $58
Oil prices have plummeted to their lowest level in four years, with West Texas Intermediate (OIL.WTI) crude dropping more than…
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Trade of The Day – NZD/JPY
Facts:An upward trend has been in force since April 9The bounced off the key support at 84.40 Recommendation: Trade: Long position on…
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EUR/USD recovers as US Dollar falls back after weak US Employment, GDP data
EUR/USD rebounds to near 1.1385 as the US Dollar surrenders some gains after the release of the US ADP Employment…
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Pound Sterling declines against USD despite US economic contraction
The Pound Sterling retraces against the US Dollar to near 1.3350 as the former underperforms across the board. The US…
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US GDP shrinks, as imports surge, but it is not as bad as it seems
US GDP data was weaker than expected for last quarter. The US economy experienced a sharp slowdown, as expected, and…
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U.S. Equities Sell-off After Negative Preliminary GDP in Q1
01:30 PM BST, United States – GDP data: GDP (Q1): actual -0.3% QoQ; forecast 0.2% QoQ; previous 2.4% QoQ; Real Consumer Spending (Q1):…
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EUR/USD slips as Eurozone major economies report soft inflation data
EUR/USD falls to near 1.1370 as major nations in the Eurozone have indicated that price pressures grew moderately. The pair…
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Chart of The Day – EUR/USD
Today, EURUSD is trading around $1.1395-$1.1400 declining by a modest 0.10%. The pair surged 5.10% in April so far, its…
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US GDP set to slow sharply in Q1 as focus turns to impact of Trump trade policies
The United States Gross Domestic Product is seen expanding at an annualised rate of 0.4% in Q1. Investors will focus…
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The S&P 500 has it’s worst performance during a President’s first 100 days for more than 50 years.
The sun is setting on Donald Trump’s first 100 days of his second term as President. Now that stock markets…
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