Month: April 2018

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  AUD/NZD slips to year's low, eyes key long-term support level

  AUD/NZD falls further after report emerges that China may potentially use yuan devaluation as a tool against the US The pair slips to a low[...]
  2018-04-10 17:14:13

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  AUD/NZD looks for a break lower again

  Selling in the pair is keeping the kiwi bid on the day The pair is trading at the lows for the day, as it looks[...]
  2018-04-10 17:14:13

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  EUR/USD continues to hang on to key support levels

  Long-term trendline support breaks, but the pair manages to find a way to climb back above it The key long-term trendline support that stretched all[...]
  2018-04-10 17:14:13

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  S&P touches 200 day MA at 2593.65

  Still an hour to go Whoops.. Sorry Adam for stomping your post, but as he said to me privately...."It can't be overstated".     The level[...]
  2018-04-10 17:14:13

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  EURUSD finds a bid and swings above the 200 hour MA

  NA traders initial move is to buy the EURUSD The EURUSD has found a NA bid in the first hour of trading.  The pair has[...]
  2018-04-10 17:14:07

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  Japan March preliminary machine tool orders 28.1% vs 39.5% prior

  Latest data released by the Japanese Machine Tool Builders' Association - 10 April 2018 The reading measures the change in total value of new orders placed[...]
  2018-04-10 15:25:14

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  Nikkei 225 closes higher by 0.54% at 21,794.32

  Tokyo's main index closes higher on the day as Xi's speech boost stocks Compared to other major bourses in Asia, the Nikkei's gains today is[...]
  2018-04-10 15:25:14

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  Eurostoxx futures +0.8% in early European trading

  European equity futures liking the mood after Xi's speech earlier Solid gains in the futures market from early trades, points to a bright start for[...]
  2018-04-10 15:25:14

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  IEA's Atkinson says US is not yet at peak oil production

  IEA's Paris head of oil division Neil Atkinson speaks to Bloomberg TV In its report last month, the IEA said that the US to be[...]
  2018-04-10 15:25:14

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  OCBC says that commodities risk up to a 30% rout in a full-blown trade war

  OCBC Bank's economist, Barnabas Gan says in a commentary during a presentation Gan says that there is plenty more downside for commodities should trade frictions[...]
  2018-04-10 15:25:14

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