Increased risk appetite weakens the U.S. Dollar, boosts stocks
The economic figures published yesterday in the U.S. are another factor [...]
Trading news
Forex Market Outlook by Bulls Capital Markets
EUR/JPY -We see the past week’s consolidation as part of a whole near term basing process above the 138 breakout and subsequently there will be a retest of the resistance at 141.05 and then beyond.
XAU/USD - The both the daily and intraday hourly chart shows an interesting support (or perhaps pivot level) around $1175 now which continues to be tested. A close below this would be the bearish confirmation needed for further downside for a test of the $1162 low and subsequently $1143 again. The important near term resistance is $1192/$1196.
EUR/USD -Just as a measure of the importance of the Fed, even with Greece still dominating market sentiment,
Wednesday, 17 Jun, 2015 / 12:25
Source : https://www.bullscapitalmarkets.com/forex-daily-newsletter/free-forex-signals.php
Trading news
Yields plunge, defy logic, after blowout data, but dollar steadies
US economy firing on all cylinders as data keeps getting [...]
ING believes EUR/USD will break 1.20, and you?
What is moving the markets these days? What are the main drivers of currency [...]
