USDCHF remains in downtrend from 0.9783, the bounce from 0.9390 is treated as minor consolidation of downtrend. Range trading between 0.9390 and...
USDCHF remains in downtrend from 0.9783
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FOREX VIDEO - London Session Review - September 28, 2009
After an amazing week of shorting everything GBP last week, Asia seemed to have found a temporary bottom, evident by a series of higher lows taking place everywhere. This continued in early pre-London, and ultimately into the London open. While the directional trend may not be over, there were...
Angola Central Bank Sets New Benchmark Rate at 10.50%
The Banco Nacional de Angola (BNA) set its new benchmark interest rate at 10.5%. The BNA said: “Considering...
My favorite indicator of inflation and it’s not gold!
By Adam Hewison - There is an indicator which has been around since 1957. It has accurately forecasted every inflationary and deflationary...
EUR/USD slips back
EUR/USD is nearly back to where it started out the day in Europe, presently at 1.4110, the earlier rally having topped out at 1.4139, aforementioned sell orders at 1.4140/60 having proved a durable barrier to accelerated upside. Next up in about 10 minutes German and euro zone ZEW economic...
WHO raises pandemic level to Six: Swedish health min
The World Health Organization has raised its pandemic warning level to six on a scale of 1-6, according to the Swedish health ministry Reuters reports. This could lead to some risk aversion if it leads to travel cut backs, etc. Risk aversion is the farthest thing from the markets mind as stocks,...