Asia FX firms with yuan at 10-mth high; dollar hits 7-wk low on rate cut bets
Asia FX firms with yuan at 10-mth high; dollar hits 7-wk low on rate cut bets
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Asia FX firms with yuan at 10-mth high; dollar hits 7-wk low on rate cut bets
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Daily Pivots: (S1) 0.6292; (P) 0.6312; (R1) 0.6345; More… Intraday bias in AUD/USD remains neutral first as range trading continues. On the downside, break of 0.6186 will target 0.6087 support first. Firm break there will resume whole decline from 0.6941. On the upside, sustained break of 0.6407 will resume the rebound from 0.6087 to 100%…
In today’s dynamic financial landscape, Forex account management has become an increasingly popular method for growing wealth. However, the foreign exchange market comes with inherent risks. Understanding the legalities of Forex account management can protect your investments. By staying informed about the legal considerations in Forex and the Forex account managers’ legal obligations, investors can…
By Parag Jyoti Saikia, University of North Carolina at Chapel Hill “Hey Rupam, open the door. Take this fish,” a woman yelled from outside. I was sitting in the kitchen at my friend Rupam’s house in rural northeast India. It was the heart of monsoon season, and rain had been falling since morning. The woman…
GBP/USD stayed in consolidations above 1.3247 last week and outlook is unchanged. Initial bias remains neutral this week first, and further fall is in favor. Break of 1.3247 will target 1.3140 cluster (38.2% retracement of 1.2099 to 1.3787 at 1.3142). Strong support is expected there to contain downside to complete the corrective pattern from 1.3787….
Canada’s passion for hockey is no secret. The ice runs through their veins, and the Canada hockey team is proving it at the Olympic Winter Games once again. If you haven’t been watching, you’re seriously missing out. With every slapshot, body check, and stunning save, Team Canada is charging forward on their quest for the…
By InvestMacro Here are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC). The latest COT data is updated through Tuesday August 13th and shows a quick view of how large traders (for-profit speculators and commercial hedgers) were positioned in the futures markets….