South Korean shares and the won sagged early on Monday on increased worries the Federal Reserve will hike US rates in September.The Korea Composite Stock Price Index (Kospi) was down 0.5 per cent at 2,046.04 points as...
The South Korean won fell nearly 1 per cent on Friday, giving up gains from earlier in the week even as the dollar wallowed at close to twe-month lows.The won stood at 1,116.7 as of 0217 GMT, compared to Thursday's close...
THE global post-Brexit rally appears to be fast running out of puff - on Tuesday, the Dow Jones Industrial Average which set several all-time highs last month, fell for the seventh consecutive session, no doubt a factor...
The Dow Jones Industrial Average and S&P 500 Index closed lower Monday as oil prices slipped, while the Nasdaq Composite Index finished at its highest level in more than a year. The Dow industrials closed down 27.73 points, or 0.2%, at 18,404.51, weighed by more than 3% drops in shares of Exxon Mobil Corp. and Chevron Corp. The S&P 500 declined...
TRADING
TIPS :
The euro was little changed against the
dollar on Friday, after the release of mostly positive data from the
euro zone, as markets were still digesting the European Central
Bank’s decision on Thursday to...
TRADING
TIPS :
EUR/USD
is currently trading with a bullish bias. Euro continues to trade
within it’s consolidation range, not going below 1.1034 or above
1.1165. As long as the pair trades within this range we look to...
TRADING
TIPS :
EUR/USD
is currently trading with a bullish bias. During the previous trading
day on 15th July 2016, Euro reversed from the resistance level
1.1165, headed short and even hit the key support level 1.1034....
TRADING
TIPS :
EUR/USD
is currently trading with a bullish bias. Yesterday, wave (c) traded
long as previously forecasted but is yet to reach our target
resistance level 1.1155. During this intraday, we expect a possible
bullish...
TRADING
TIPS :
EUR/USD has posted small gains on
Wednesday, as the pair continues to drift this week. The pair is
trading at 1.1080. It’s another light day on the release front, as
the markets look for economic cues for...
TRADING
TIPS :
EUR/USD is currently trading with a
bullish bias. As previously forecasted, the pair continues to trade
within the consolidation zone 1.1167-1.1034. As long as the pair
trades within this consolidation,...
TRADING
TIPS :
EUR/USD
is currently trading with a bearish bias. The pair entered into a
consolidation not going above 1.1167 or below 1.1034. During this
intraday, we expect a possible bearish break below 1.1034 to go...
TRADING
TIPS :
EUR/USD
has posted slight losses on Friday, following modest losses in the
Thursday session. The pair is slightly below the 1.11 level. On the
release front, German Trade Balance slipped in May but was...
TRADING
TIPS :
EUR/USD is currently trading with a
bullish bias. Yesterday, instead of going short as previously
forecasted, the pair rebounded from the support level 1.1040, headed
long but is yet to reach our target...
TRADING
TIPS :
EUR/USD is showing little movement on
Wednesday, following losses in the Tuesday session. The pair is
trading at 1.1060. On the release front, German Factory Orders
disappointed with a flat reading of 0.0%,...
TRADING
TIPS :
EUR/USD
is currently trading with a bullish. During the previous trading day
on 1st July, wave [c] traded long as previously forecasted and even
hit our target resistance level 1.1167. During this intraday,...
TRADING
TIPS :
The
dollar dropped against the yen and gained ground against the euro on
Friday, as ongoing uncertainty following the Brexit vote and
disappointing Chinese manufacturing activity data fuelled safe-haven
demand.EUR/USD...
TRADING
TIPS :
EUR/USD is currently trading with a
slight bullish bias. Yesterday, the pair traded long and even hit our
target resistance level 1.1118. This pair is still petty much bullish
on the daily chart and may...
TRADING
TIPS :
EUR/USD is currently trading with a
slight bullish bias. Yesterday, euro retraced to the upper side but
is yet to reach our target reversal point at 1.1113. During this
intraday, we expect a possible bullish...
TRADING
TIPS :
EURUSD formed a spinning bottom
yesterday seeking support at 1.10 with the price action seeing a
bullish follow through in early Asian trading today. The gains came
after markets started pricing a Fed rate...
TRADING
TIPS :
EUR/USD is currently trading with a
bearish bias. During the previous trading day on 24th June 2016, Euro
reacted negatively to Brexit, headed short and and may head further
to the lower side. During this...