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EU Publishes List of Tariffs on US Goods and Services

Post by on March 23, 2018

Over the weekend, the EU published a list of tariffs on US products in response to the US tariffs on Steel and Aluminium. The total value of EU tariffs is up to €6.4 billion and this list is for “stakeholder consultation” purposes only. The EU will make the decision on whether to impose the tariffs […]

Technical Analysis – GBPJPY builds base around 23.6% Fibonacci mark and the short-term ascending trend line

Post by on March 23, 2018

GBPJPY has reversed back down again after finding resistance at the one-month high of 150.30 achieved this week. The price plunged below the 38.2% Fibonacci retracement level of the downleg from the February 2 high of 156.60 to the March 2 low of 145.00. Meanwhile, the price is re-challenging the 23.6% Fibonacci mark around 147.70, which holds near the short-term ascending trend line. […]

23.03.2018 – Trading Signals by Dukascopy

Post by on March 23, 2018

Good morning, traders, you’re watching the Dukascopy Daily Trading Signals for this week’s final trading day. Euro/Dollar has an equal number of 6 neutrals in all three time ranges, which are backed up by the only 3% long interbank sentiment. There are 4 sell signals in the hourly chart for the Cable. Mid term models […]

Technical Analysis – USDCAD facing strong selling interest; pullback on 9-month high of 1.3123

Post by on March 23, 2018

USDCAD plummeted aggressively on Wednesday after the pullback to the 61.8% Fibonacci retracement level near 1.3130 of the downleg from 1.3800 to 1.2060. The price came under heavy selling pressure after hitting a 9-month high. However, during yesterday’s trading session it pared some losses and posted a green day. Currently, the price is developing slightly below the 50.0% Fibonacci […]

Mar 23rd, 2018: Tariffs Spark Flight to Safe Havens

Post by on March 23, 2018

Morning Report: 07.00 London This morning, global markets are on the back foot as money flows into safe havens. Asian markets have been spooked by Trump’s tariff plans amid further political uncertainty as Trump names the new National Security Advisor. The Yen is in demand, with the USD/JPY hitting its lowest level since 2016. Away […]

Trade tensions escalate, the Yen rallies, The VIX surges into risk off territory.

Post by on March 23, 2018

:https://pepperstone.com/en/Forex-news/market-review -Trump slaps China with fresh trade tariffs. -The Yen moves to multimonth highs, equities sell-off. -The Vix says Risk Off. -Central bank speakers and CAD CPI data on tap. -What a full-blown trade war would mean for sentiment. The overnight changes and price moves to be aware of by Pepperstone’s Market Analyst, Darren Sinden. […]

Daily Market Review, March 23rd 2018: EUR trades sideways

Post by on March 23, 2018

Stay informed about headline news and trends across the world’s ever-fluctuating financial markets through binary TV. From stocks and Commodities to global currencies, Indices, and more, we help you keep up-to-date with our Daily Financial Market News, all brought to you exclusively from binary.com Daily financial news by- Binary.com-March 23th 2018

FXTM Forex Market Update | 22/03/2018

Post by on March 22, 2018

The #Dollar depreciated despite the Federal Reserve raising US interest rates for the sixth time since the financial crises. #Sterling tumbled after the Bank of England left UK interest rates unchanged in March at 0.5%. In the commodity arena, #GOLD has benefited from a weaker Dollar and could receive further support from lingering trade war […]

Stock Market News – Nike eyed ahead of quarterly earnings report; trade developments also in focus

Post by on March 22, 2018

Sportswear giant Nike is scheduled to release its earnings report for the quarter ending February 2018 after Wall Street’s closing bell on Thursday. The consensus recommendation for the company is “buy”, in line with the average consensus recommendation for Footwear, its peer group. Nike’s quarterly EPS are projected to stand at $0.53, with analysts’ average […]

US Open Preview – Dollar holds weak ahead of Trump’s Chinese tariffs; BoE decides on interest rates

Post by on March 22, 2018

Here are the latest developments in global markets: Forex: The US dollar index was falling by 0.03% against a basket of major currencies during early European afternoon and dollar/Yen remained under pressure, losing 0.39%. The fall in the dollar came in after the Fed raised interest rates, as was widely anticipated, but stayed on course for three rate hikes this year, disappointing those […]

Free Seminar Held in Cairo on Technical Analysis

Post by on March 22, 2018

Offering free Forex education for online investors in the MENA countries has been just as important for XM as serving them as individual clients on a daily basis. After a short break, this March we returned to Egypt once again, with a new seminar topic. The free seminar took place on the premises of Semiramis […]

Trump Tariffs, Three Hikes and Allianz Scopes Dollar

Post by on March 22, 2018

Financial markets have been numb waiting on whether and to what extent Trump’s tariffs will impact the global economy. According to Bloomberg, yesterday Trump said he seeks to impose a $50 billion tariff against China – under the premise of intellectual property infractions. It is widely known that Chinese manufacturers have produced off-brand items and […]

Daily financial news by- Binary.com-March 22th 2018

Post by on March 22, 2018

Stay informed about headline news and trends across the world’s ever-fluctuating financial markets through binary TV. From stocks and Commodities to global currencies, Indices, and more, we help you keep up-to-date with our Daily Financial Market News, all brought to you exclusively from binary.com Daily financial news by- Binary.com-March 22th 2018

European Open Preview – Dollar extends declines as FOMC sticks to 3 hikes; BoE and US tariffs decision in focus

Post by on March 22, 2018

Here are the latest developments in global markets: Forex: The dollar extended its declines from yesterday on Thursday, touching its lowest in nearly two weeks versus a basket of currencies. FOMC policymakers’ decision to continue signaling three hikes in total for 2018 was seen as the catalyst behind the US currency’s decline. STOCKS: US markets […]