EssilorLuxottica to sue GrandVision

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Source: Dukascopy Bank SA
EssilorLuxottica, the Ray-Ban maker, considered suing the takeover target GrandVision after the court ruled that it violated the terms of €7.2B proposed purchase agreement.
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Mon, 28 Jun 2021 09:16:55 GMT

EUR/USD faces 200-hour SMA

The EUR/USD started the week's trading by finding support in the 1.1920 level and reaching the resistance of the 200-hour simple moving average, which had recently approached the rate from above. Economic Calendar Analysis This week note the US ISM Manufacturing PMI on Thursday at 14:00 GMT. On Friday, the US Employment data sets are bound to impact the value of the USD

Tue, 22 Jun 2021 13:27:07 GMT

Gold respects round price levels

In the aftermath of reaching below the 1,800.00 level, the yellow metal's price has been finding support and resistance in round price levels. For example, the 1,760.00, 1,790.00 and 1,770.00 levels have been acting as support and resistance levels. In the meantime, the rate confirmed the 1,800.00 mark as resistance. Economic Calendar Analysis At 13:45 GMT, on Wednesday, Markit is set to publish

Tue, 22 Jun 2021 13:20:21 GMT

USD/JPY has support from SMA

This week, the USD/JPY surged above the technical levels near 110.20. Namely, the rate passed the 55, 100 and 200-hour simple moving averages and the weekly simple pivot point. Economic Calendar At 13:45 GMT, on Wednesday, Markit is set to publish the US Manufacturing and Services PMIs. On Thursday, the US Final quarterly GDP and weekly Unemployment Claims are scheduled for 12:30

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