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Day: July 4, 2018
July 42018
Being the Most Powerful AI Robot for the Forex Market, RoFx Beats Its Competitors
The following post is a paid advertisement. The content was provided by the advertiser. As stated by Wikipedia, RoFx is an electronic automated trading Forex robot acting as an online software agent for the Forex market. Started in 2009 in London, UK, RoFx company has been in good progress ever since. With more than 8 years of experience, RoFx robot provides its users who have neither knowledge nor experience in trading with […]
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July 42018
China’s PBOC Seeks to Calm Yuan, Equities ahead of US Tariff Deadline
China Calms Yuan, Equities – Taking Points: Five PBOC officials commented on the Yuan and equities to boost market confidence. Chinese securities, banking and insurance regulators met to cope with financial risks. Capital outflows from China through stock links saw increases after the equity plunge. Chinese regulators have been trying to calm the volatile Chinese […]
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July 42018
Third Quarter Forecasts for Dollar, Euro, Oil, Equities and More
The second quarter has come to a close, and a market of volatility and uncertain trends now transitions into the latter half of 2018. With sweeping fundamental concerns such as trade wars, the stability of the Euro-area, the path of Brexit and the health of global growth itself plauging the markets; the outlook for the […]
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July 42018
GBP Gains as Strong Service PMI Raises Chance of a Summer Rate Hike
GBPUSD Analysis and News UK Services Rises to Best Level Since October, BoE Rate Hike Bets Boosted PMI Surveys Indicate UK Q2 GDP at 0.4% Check out the brand new Q3 Forecast for GBP/USD Q2 Rebound as Suggested by PMI Surveys The Pound saw an uptick against the US Dollar following today’s UK Services PMI […]
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July 42018
Gold Price Bounces Off Support, Upside Favored
Gold price, news and analysis: – The gold price has traded within a downward sloping channel since mid-April. – Having bounced from support at the lower boundary, it could be heading towards resistance at the upper boundary. Our trading forecasts for Q3 have just been published; you can find the gold guide here. And check […]
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July 42018
USD Rise at Risk of Exhaustion, Eyes on FOMC and NFP
USD Analysis and Talking Points Signs are arising for the US Dollar to top out Aside from Trade Wars focus is on FOMC and NFP See our Q3 FX forecast to learn what will drive major currencies throughoutthe quarter. Given the holiday thinned trade with US participants away for Independence Day, the USD index has […]
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July 42018
Euro Heads Lower on Mixed PMI Data from Across the Eurozone
The euro today headed lower against the US dollar in the early European session following the release of mixed Eurozone PMI data by IHS Markit. The euro’s decline drove the EUR/USD currency pair lower as the US dollar recovered from its slump that occurred in the Asian session. The EUR/USD currency pair today declined from a high of 1.1681 to a low of 1.1629 driven by the US dollar’s rebound. The currency pair today headed lower despite […]
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July 42018
Euro Heads Lower on Mixed PMI Data from Across the Eurozone
The euro today headed lower against the US dollar in the early European session following the release of mixed Eurozone PMI data by IHS Markit. The euro’s decline drove the EUR/USD currency pair lower as the US dollar recovered from its slump that occurred in the Asian session. The EUR/USD currency pair today declined from a high of 1.1681 to a low of 1.1629 driven by the US dollar’s rebound. The currency pair today headed lower despite […]
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July 42018
Asian Stocks Echo US Losses, USD/CNH on Edge of Lasting Reversal
Asian Stocks Talking Points: Asian shares echo declines from Wall Street, FX restrained in illiquid trade The Yuan’s appreciation is weighing on the US Dollar, AUD & NZD rose USD/CNH at trend line support, a push under may lead to a reversal next We just released our 3Q forecasts for currencies like the US Dollar […]
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July 42018
US Crude Oil Price Struggles at Three-Year Highs
Crude oil price, news and analysis: – The US crude oil price has hit its highest levels since November 2014 as US inventories fall further. – However, more gains near-term will be difficult to achieve as Saudi Arabia raises output. Our trading forecasts for Q3 have just been published; you can find the oil guide […]
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