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Market News and Research

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NZD/USD falls below weekly S1
Wed, 05 Jul 2017 13:55:50 GMT
 
Even though the NZD/USD expectedly breaks out of the junior descending channel yesterday, it did not manage to stay within the dominant ascending channel as well. >>
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USD/CAD drops to 1.2918
Wed, 05 Jul 2017 13:54:26 GMT
 
Beginning of the new trading session reveals that the 100-hour SMA, indeed, served as a resistance level, which broke an ascending channel. >>
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AUD/USD rebounds from 200-hour SMA
Wed, 05 Jul 2017 13:53:13 GMT
 
In line with expectations, the currency pair bounced off from the weekly S1 at 0.7600 and tried to clear the path upwards. >>
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EUR/JPY forms a descending triangle
Wed, 05 Jul 2017 13:51:55 GMT
 
A result of the previous trading day suggests that the upward momentum given by the Mario Draghi speech last week is moving to an end, as the currency pair >>
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Germany's Big Electoral Decision
Wed, 05 Jul 2017 13:49:14 GMT
 
This year was marked by important electoral decisions in the European Union. The series was initiated by the Netherlands, following two more elections in France and the United Kingdom. Now, >>
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China seeks additional foreign investment
Wed, 05 Jul 2017 13:20:32 GMT
 
The State Council of China stated on Wednesday that the government was aimed to bring in more foreign investments as it sought to treat Chinese and foreign firms on an >>
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SGD/JPY 1H Chart: Channel Up
Wed, 05 Jul 2017 12:34:29 GMT
 
The Singapore Dollar has formed a near-term ascending channel against the Yen. >>
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ZAR/JPY 1H Chart: Channel Down
Wed, 05 Jul 2017 12:32:24 GMT
 
The South African Rand is trading in a channel down against the Yen in force since late June. >>
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Airbus signs $23B deal to sell 140 aircraft to China
Wed, 05 Jul 2017 12:05:16 GMT
 
Europe's Airbus inked a $23B agreement to sell 140 of its jetliners to China on Tuesday during the Chinese leader Xi Jinping visit to Germany. >>
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Manchester Airport evacuates Terminal 3 amid suspect bag
Wed, 05 Jul 2017 11:54:29 GMT
 
On Wednesday, Manchester Airport's Terminal 3 was evacuated following the suspected issue with a bag found in the building. >>
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Evening Press Review
Wed, 05 Jul 2017 11:38:31 GMT
 
Stay informed about the latest news on the economy, politics, FX by reading our press review with top videos and comments from world's leading financial bloggers. >>
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Alibaba introduces its first cut-price voice assistant
Wed, 05 Jul 2017 11:22:29 GMT
 
The Chinese sales giant Alibaba Group launched its first low-cost voice assistant speaker "Tmall Genie" for the price of $73.42; a cheap alternative to its Amazon and Google counterparts' speakers. >>
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Vehicle-sharing service Zipcar to leave Austria
Wed, 05 Jul 2017 11:21:50 GMT
 
Auto group Avis's vehicle-sharing service Zipcar announced about its exit from the Austrian market by August 6 amid its inability to compete with Daimler's Car2Go and BMW's DriveNow services. >>
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Arabs meet to discuss Qatar
Wed, 05 Jul 2017 10:12:50 GMT
 
Arab states were set to meet on Wednesday in Cairo to discuss the response of Qatar to the ultimatum, which was sent to the country by the Arab states. >>
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Russia sets high hopes for Trump-Putin meeting
Wed, 05 Jul 2017 10:12:01 GMT
 
On Wednesday the Kremlin announced that they have high hopes that the meeting of Vladimir Putin and Donald Trump will establish a dialogue between Russia and the US. >>
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