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EUR/USD: EUR/USD bulls were on fine form during Monday’s session, largely buoyed by a waning US dollar. USD downside was exacerbated amid US trade on comments from US President Trump, where he reiterated disagreement with the Fed’s decision to hike interest rates, saying he is not thrilled with Powell for doing so. Following a break … Continue reading Tuesday 21st August: Trump reiterates Fed concerns, forcing USD pairs southbound.

Global Markets: Asian Stock Markets : Nikkei down 0.24%, Shanghai Composite down 0.47%, Hang Seng up 0.69%, ASX up 0.00% Commodities : Gold at $1192.20 (+0.68%), Silver at $14.75 (+0.78%), Brent Oil at $71.59 (-0.33%), WTI Oil at $64.91 (-0.46%) Rates : US 10-year yield at 2.862, UK 10-year yield at 1.235, Germany 10-year yield … Continue reading Monday 20th August: Asian Markets mixed as investors look to US-China trade talks

EUR/USD: Weekly Gain/Loss: +0.22% Weekly Close: 1.1436 Weekly perspective: Despite witnessing a mild break of demand at 1.1312-1.1445, the shared currency concluded the week modestly in the green. Breaking a three-week bearish phase, and closing not too far off its weekly high, we can see the buyers are growing in confidence. Last week’s move, technically … Continue reading Monday 20th August: Weekly technical outlook and review