Baidu sees Q1 revenue to fall amid coronavirus

Note: This section contains information in English only.
Source: Dukascopy Bank SA
China's Baidu, the largest search engine group, is expecting its Q1 revenue to plunge about 13% in comparison with the previous year due to the coronavirus outbreak that affects advertising an economic activity.
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Mon, 02 Mar 2020 14:27:38 GMT

EUR/USD beats forecast

The EUR/USD currency exchange rate started the week by reaching higher than it was previously expected. The pair reached above the 1.1160 level. In the near term future, the rate was expected to trade sideways above the 1.1100 level, where it had retreated in the afternoon. Economic Calendar Analysis Already on Monday, a data release could cause a notable move on the

Fri, 28 Feb 2020 11:28:32 GMT

Gold ignores technical levels

By the middle of Friday's London trading, the yellow metal had retreated down to the 1,630.00 level. At that mark, the 200-hour simple moving average was met. This event signaled that the metal is no longer overbought. Meanwhile, it could be observed that the metal had remained near the same level throughout this week, despite making attempts to surge. Economic Calendar

Fri, 28 Feb 2020 11:15:54 GMT

USD/JPY traders continue to profit

The USD/JPY has plummeted down to the 108.50 level. Despite a decline being expected by Dukascopy Analytics, the sharpness of the decline was not forecast. On Friday, the rate appeared to be finding support in the 108.50 level, which was strengthened by a weekly pivot point at 108.58. Economic Calendar Next week, already on Monday, a data release could cause a notable move.

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