Month: April 2018

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  ECB's Smets says that weak inflation is still a lingering concern

  ECB member Jans Smets comments in Macedonia Some negative comments by Smets regarding the economy in the Eurozone. Certainly not going to help bolster the[...]
  2018-04-16 19:17:12

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  USDJPY comes off after data. Stocks turn negative. Pair tests break level.

  Tests break level at 107.486. Holds so far. The USDJPY has turned negative and the data was not great especially the Michigan survey which came[...]
  2018-04-16 17:14:14

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  GBPUSD moves above its 200 week MA. Key level, but intraday hurdle remains.

  Get back above 1.4271 .... The and put some room between the price and the key MA. A close above today would be the first[...]
  2018-04-16 17:14:14

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  EURUSD remains between 100 and 200 hour MA and in a confined trading range...

  Back to back narrow range weeks (131 pips and 135 pips so far). Prepping for a break ahead.... The EURUSD this week is trading in[...]
  2018-04-16 17:14:14

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  USDJPY breaks away from the pack (and the broken trend line too).

  Up and down trading over the last 6 days broken The USDJPY has been trading up and down over the last 6 trading days.  Yesterday,[...]
  2018-04-16 17:14:14

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  US stocks open higher but early gains retraced a bit.

  Bank earnings beat but prices fall  The US stocks opened higher. Bank earnings for JPM and Citigroup beat but the prices are still lower in[...]
  2018-04-16 17:14:14

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  China Q1 GDP to grow by 6.9% - state researcher

  According to a report by China's Economic Observer Cites a state researcher in saying that China's economy is set to grow by 6.9% in Q1[...]
  2018-04-16 15:25:15

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  Oman oil minister says OPEC+ must continue cooperation to spur investments

  Comments by Oman's oil minister Mohammed Hamad Al-Rumhi Pretty much the same rhetoric from OPEC members on the OPEC+ pact to cut production. As mentioned[...]
  2018-04-16 15:25:15

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  France's Le Maire says that strikes are starting to impact economic growth

  French finance minister Le Maire comments on the strikes by railway unions French president Macron is facing his toughest time in charge of the helm,[...]
  2018-04-16 15:25:15

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  China says Japan should jointly oppose trade protectionism

  Comments by China's state councillor, Wang Yi Basically asking Japan to cross over to their side in the whole US-China trade spat. A relatively awkward[...]
  2018-04-16 15:25:15

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