The pound had a negative week versus the U.S. dollar as the U.K. posted its worst deficit figures since the measurement start, decreasing attractiveness for the British currency which performed positively in the previous week. A combination of downtrends in European stocks towards the end of this week and a U.K. deficit report who showed the worst figures since 1993, when they were officially initiated, forced the pound down versus the U.S. dollar, the Japanese yen […]
Read moreThe Australian dollar had one of the weakest performs in the past months this week as stocks declined worldwide, declining attractiveness for riskier assets as the opportunities available in the Australian high-yielding financial markets, forcing also the New Zealand currency down. Currencies in the South Pacific region had one of the worst performances in around two months this week as a shift in risk levels set the price of stocks and commodities down specially towards the end of the week, providing […]
Read moreEUR/USD trend: sell. GBP/USD trend: sell. USD/JPY trend: hold. EUR/JPY trend: hold. GBP/JPY trend: sell. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.4574 1.4697 1.4801 1.4924 1.5028 1.5151 1.5255 GBP/USD 1.6186 1.6350 1.6514 1.6678 1.6841 1.7005 1.7169 USD/JPY 87.76 88.52 89.08 89.84 90.40 91.16 […]
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