Japan manufacturing declines amid trade war

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Japan's manufacturing activity shrunk in the month of February for the first time since 2016, as factories cut back production due to shrinking export and domestic orders, a private business survey revealed.
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Thu, 21 Feb 2019 11:43:10 GMT

EUR/USD trades near previous levels

By the middle of Thursday's trading session the EUR/USD had traded in the previous range between 1.1320 and 1.1360. The most notable update is that the EUR/USD had passed below the support of the 55-hour simple moving average. The SMA no longer had the needed strength to keep the rate up. Latest Fundamental Event The European Single Currency appreciated against the US Dollar,

Wed, 20 Feb 2019 10:43:02 GMT

Gold jumps above 1,340.00

As expected, the metal has reached the 1,340.00 level. Although, it has happened a lot sooner than initially assumed. Note that the surge was almost vertical. This indicates that there should be a period of trading sideways. Meanwhile, take note that the previous sideways consolidation was short lived and the surge quickly resumed. Economic Calendar Analysis This week will have various data releases

Wed, 20 Feb 2019 10:21:33 GMT

USD/JPY traders remain bearish

The surge of the USD/JPY continues, as the rate has made attempts to approach the 111.00 level. Although, the most notable thing about the last two trading sessions is that this week the range of volatility has increased. Namely, the hourly candles are almost twice as big as usually. Latest Fundamental Event The Bureau of Labor Statistics released Non-Farm Employment Change data

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