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GBPUSD - Stimulus Hopes Keep Stocks Afloat
Equity markets in Asia kicked off the week on a positive note along with US futures, as investors digested China’s GDP data and some optimism that US policy markets may still reach an agreement on a ...
European stocks and U.S. equity futures rise on stimulus hopes and China growth data
European stocks moved higher to start the week on Monday as investors looked to potential stimulus progress from the U.S. and economic data from China that showed a continued recovery for that economy ...
USD closes the week with modest gains
While prices briefly slipped below this level, on Friday, the euro made a modest pullback. If the euro loses this handle, we could see the price eventually dropping further. This will open the risk to ...
British Pound About to Get Pounded?
When it became apparent Team Leave had won, the pound dropped by more than 15 cents, or 1500 pips, over the next 24 hours. Since then, a series of lengthy negotiations have accomplished little, other ...
EURUSD Risk Continues To Point Lower Short Term
EURUSD faces further downside pressure as it holds on its downside short term trend. Resistance comes in at the 1.1750 with a break of that area turning risk towards the 1.1800 level. A move above ...