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EUR/USD: Breaking a five-day bearish phase, the single currency kept itself on the winning side of the table on Tuesday on the back of a weaker USD. H4 Quasimodo support at 1.1540, as you can see, held form, providing a platform for buyers to eventually gravitate towards the 1.16 handle. Above this number, H4 resistance … Continue reading Wednesday 8th August: FOMC member Barkin takes center stage today.

Global Markets: Asian Stock Markets : Nikkei up 0.01%, Shanghai Composite down 0.39%, Hang Seng up 0.51%, ASX up 0.23% Commodities : Gold at $1222.60 (+0.35%), Silver at $15.45 (+0.47%), Brent Oil at $74.64 (-0.01%), WTI Oil at $69.28 (+0.16%) Rates : US 10-year yield at 2.971, UK 10-year yield at 1.327, Germany 10-year yield … Continue reading Wednesday 8th August: Asian Markets Modestly Higher on earnings, China stimulus hopes

Global Markets: Asian Stock Markets : Nikkei up 0.61%, Shanghai Composite up 1.43%, Hang Seng up 0.96%, ASX down 0.32% Commodities : Gold at $1218.80 (+0.09%), Silver at $15.37 (+0.11%), Brent Oil at $73.97 (+0.30%), WTI Oil at $69.06 (+0.07%) Rates : US 10-year yield at 2.945, UK 10-year yield at 1.301, Germany 10-year yield … Continue reading Tuesday 7th August: Asian stocks climb with a struggle after recent trade uncertainty