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EUR/USD Should Continue the Downtrend, As ECB Minutes Confirm the Accommodative Policy
EUR/USD, The global economy has improved considerably in 2021; especially since late spring. The US economy led the recovery; since ... -
Japan’s Household Spending Declines Despite Rise in Real Wages
Japan’s Household Spending, Mixed set of economic data coming in from Japan on Friday; where real wages posted an increase, ... -
US Crude Oil Above $80 Since 2014, USD/CAD Plunges Below Support
US Crude, Crude Oil has been on a strong bullish trend since the coronavirus shock sent US WTI oil to -$37.50 in ... -
USD/CAD Uncertain as GDP Numbers Come Up Mixed
USD/CAD, Canada’s GDP for July came in at -0.1, versus the estimate of -0.2. That is down from the 0.6% ... -
Selling AUD/USD After US ISM Manufacturing Climbs Above 60 Points Again
Selling AUD/USD, used to be one of the most bullish pairs, until earlier this year. But, it has turned bearish ... -
Japan’s Industrial Output Declines For Second Straight Month, Retail Sales Dip
Japan’s Industrial, Industrial output across Japan continued to decline for the second consecutive month during August, especially hitting car production ... -
Buying the Retreat in EUR/JPY as MAs
Buying the Retreat, EUR/JPY used to be on a strong bearish trend, with the sentiment in the forex market remaining ... -
Japan’s Manufacturing Sector Expands at Slowest Pace Since February
Japan’s Manufacturing activity across Japan posted the slowest pace of growth through the month of September amid a contraction in ... -
China’s Industrial Sector Slows Down, Likely to Weigh on GDP
China’s Industrial Sector Slows Down, Likely to Weigh on GDP. Leading investment bank Goldman Sachs has revised its growth forecasts ... -
Booking Profit on EUR/GBP After BOE Sends GBP Higher
The downtrend resumes for EUR/GBP Profit on EUR/GBP; Yesterday, we decided to sell EUR/GBP, as the Euro was turning bearish, ...
