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Day: June 24, 2017
June 242017
Weekly Forex Technical Analysis (Jun 26 — Jun 30)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1043 1.1081 1.1137 1.1175 1.1231 1.1269 1.1325 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1085 1.1146 1.1179 1.1240 1.1273 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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June 242017
Hawkish Monetary Policy Outlook Doesn’t Help Sterling
The outlook for monetary policies of central banks around the world were one of the main driving factors for the Forex market this week. But while the outlook for Bank of England monetary policy became more hawkish, it was not enough to support the Great Britain pound. Several BoE members made hawkish remarks over the week, leading to speculations that the central bank is going to raise interest rates in the foreseeable future. Yet […]
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June 242017
Hawkish Monetary Policy Outlook Doesn’t Help Sterling
The outlook for monetary policies of central banks around the world were one of the main driving factors for the Forex market this week. But while the outlook for Bank of England monetary policy became more hawkish, it was not enough to support the Great Britain pound. Several BoE members made hawkish remarks over the week, leading to speculations that the central bank is going to raise interest rates in the foreseeable future. Yet […]
Read more