At the start of September, I wrote about the seasonals and warned that it was a bad month for stock markets with a note that it was the worst calendar month for the S&P 500. It...
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Oh what a week! The major FX currency pairs are ending the week mixed in the short term.
The last week was certainly a volatile one for the major currency pairs. The GBPUSD saw the biggest movement falling to the lowest level on record, and the EURUSD also reached to a new low for...
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IBU-tec: special position in Europe
In the current year, IBU-tec aims to generate sales of between EUR 55 million and EUR 57 million. IR boss Stefan Steck confirms this at GBC’s ZKK. The manager is not concerned about this goal. During his...
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Dollar momentum grows as risk retreats further
EUR/USD is now trading down by 0.4% to near 0.9900 and that is even before we get to the PMI data in Europe later today. This comes as the dollar is seen pulling higher...
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GBP/USD knocking on the door of the next leg lower
The outlook for cable pretty much mirrors a lot of what we see in EUR/USD and with the dollar running hot again in the past week, it is hard to fight the momentum when...
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Bayer prevails over BASF: share with a buy signal and a positive expert opinion
The minimal bearish false signal for the Bayer share at the chart technical support around the core mark at 51.55/51.74 euros was enough to send the DAX title on a recovery tour. On Friday, the...
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FX option expiries for 4 August 10am New York cut
There are a number of large ones to take note of, as highlighted in bold. The ones for EUR/USD is likely to keep price action more anchored around current levels with the lower end of...
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FX option expiries for 19 July 10am New York cut
There are a couple of large ones to take note of for today, as highlighted in bold. The first being for EUR/USD at 1.0150-55, so that could see price action more anchored around said region...
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Weekly Forex Forecast
EUR/USD The euro had a horrible week, as we have sliced through major support in the form of the 1.04 handle. That being said, the market is now extremely oversold so I would anticipate that...
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The ruble has updated monthly lows against the dollar and the euro
Moscow. 5’th of July. INTERFAX.RU – The US dollar and the euro rose on the „Moscow Exchange” on Tuesday afternoon, updating the maximum marks since the beginning of June; the ruble fell against the dual-currency basket on...
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