Market News and Research

Market News and Research

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XAU/USD rebounds from 200-hour SMA
Wed, 08 Nov 2017 09:44:32 GMT
The yellow metal lost its value, as concerns over situation in the Middle East have eased. >>
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Washington criticises Houthis missile attacks on Saudi
Wed, 08 Nov 2017 09:31:23 GMT
On Wednesday, the white House condemned Yemeni Houthi's missile attacks on Saudi Arabia, claiming that they had threatened the national security, undermining efforts to stop the conflict. >>
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French trade balance in line with forecasts
Wed, 08 Nov 2017 09:13:42 GMT
The Ministry for the Economy and Finance reported that France's trade deficit rose €0.3B to €4.7B in September, fully meeting analysts' expectations. >>
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USD/JPY slips in new channel down
Wed, 08 Nov 2017 09:11:57 GMT
As it was expected, different news coming from the United States and Asia created a downside momentum that allowed traders with bearish outlook to push the currency pair down to >>
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EUR/USD trades in descending channel
Wed, 08 Nov 2017 08:52:31 GMT
The common European currency is continuing to trade against the Dollar in junior descending channel. >>
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GBP/CHF 1H Chart: Pair tended south
Wed, 08 Nov 2017 08:39:49 GMT
The Pound has been guided by two ascending channels against the Swiss Franc. >>
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NZD/JPY 1H Chart: Kiwi retraces from long-term channel
Wed, 08 Nov 2017 08:38:06 GMT
NZD/JPY has been trading in three channels simultaneously. >>
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Ex-Lebanese PM arrives in UAE amid deepening home crisis
Wed, 08 Nov 2017 08:26:27 GMT
The former Lebanon Prime Minister Saad al-Hariri visited the UAE on Tuesday as home crisis and regional tensions escalate caused by his unexpected resignation. >>
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XAU/USD fluctuates between 1,275 and 1,280
Wed, 08 Nov 2017 08:22:34 GMT
As there were no breaking news yesterday, recovery of the buck was expectedly neutralized by combined support level set up by the 55-, 100- and 200-hour SMAs together with the >>
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GBP/USD forms ascending triangle pattern
Wed, 08 Nov 2017 08:20:19 GMT
During the previous trading session the currency rate expectedly returned back to the 1.3110 mark, which represents location of the 23.6% Fibonacci retracement level. >>
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EUR/USD trades near 1.16 amid Chinese data release
Wed, 08 Nov 2017 08:18:44 GMT
In line with expectations, the currency exchange rate continued to move in southern direction under pressure from the 55-hour SMA. >>
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China diminishes trade balance expectations
Wed, 08 Nov 2017 08:15:09 GMT
CGAC reported on Wednesday that China's trade surplus rose ¥61B to ¥254B in October, missing analysts' expectations for a ¥275B surge. >>
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Paramount $1B funding deal crumbed amid Beijing scrutiny
Wed, 08 Nov 2017 07:33:28 GMT
Paramount Pictures' $1B films-funding deal with the Chinese Huahua Media was scuttled, following Beijing scrutiny over the investment policies. >>
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Trump seeks China to cut financial ties with North Korea
Wed, 08 Nov 2017 07:20:16 GMT
The US leader Donald Trump is eager to ask China's President Xi Jinping to cut Chinese financial ties with North Korea and abide the provocative country by UN sanctions. >>
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Waymo to roll out ride-hailing service with driverless cars
Wed, 08 Nov 2017 06:33:15 GMT
Alphabet's Waymo is set to roll out its new ride-hailing service without a human behind the wheel; an innovation that will make the service free for the start. >>
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