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Monthly archive August, 2017

EUR/USD: A S/T Technical Top But Overall Bullish Trend Remains Firmly In Place – ING

ING FX Strategy Research notes that the USD has rebounded slightly from Tuesday’s sell-off, but there remains little to dissuade investors from positioning in stronger activity/yield stories elsewhere in the world.

"In general equity markets remain firm and commodity Read More →

USD stages a comeback as caution remains but fears subside

Sentiment during the US session managed to shrug off fears of WW3 as N.Korea’s threats became more vivid after the launch of their latest missile. Despite some initial risk aversion, US major indices finally closed in positive territory yesterday.

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EURUSD – Downside In Euro Remains Supported Vs US Dollar

Key Points

  • The Euro made a solid upside run and traded towards 1.2070 against the US Dollar.
  • The EURUSD pair is currently correcting lower and finding support near 1.1950 and a bullish trend line on the hourly chart.
  • Today in Read More →

EUR: The ECB After Jackson Hole – ING

ING FX Strategy Research notes that after all the excitement about possible Draghi fireworks in Jackson Hole, the just delivered speech was an anti-climax, a non-starter.

"With no hints at tapering or as he current stance of monetary policy, Read More →

Stock markets tumble as North Korea’s provocations hit new highs

In a clear act of provocation, North Korea launched a ballistic missile that flew over Japan before breaking in three pieces and falling in the Pacific Ocean. This was this year’s 18th missile test by Pyongyang this year but this Read More →