GBPUSD continues its sideways consolidation. Range trading between 1.5344 and 1.5664 is still in favor in a couple of days. As long as 1.5664 key...
GBPUSD continues its sideways consolidation
Source: feedproxy.google.com
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Analyst Moves: PG, USG
Procter & Gamble (PG) was upgraded today by Bank of America/Merrill Lynch from neutral to buy with a $75 price target, as the company...
ANZ job ads fell by 0.2% in May
This was the 13th straight month of...
The Dow
Well the Dow did hit -70 this morning, if only briefly, which shows lots of caution for risk. I think this up swing is just investors looking for a quick bargain and other markets around the world will follow will the anti-risk...
Massive Greenback Reversal in the Works - Will it Hold?
The currency market is focusing on U.S. short-term Interest Rates as talk of a rate increase by the Federal Reserve has emerged. Dealers said that market participants will focus on a slew of Treasuries auctions this week. If longer-term Treasury yields rise on supply worries, this could weigh on...
Nikkei reports Japan to remove “worsening” from economic assessment
According to the Nikkei Website, Japan will remove worsening from its monthly economic report. Recent behavior of Japanese investors would imply as much as they feel comfortable assuming more risk overseas. USD/JPY trades at 95.70 while EUR/JPY trades at 136.75, down from 137.43...