It was looking like a brutal day for European stocks but there has been a major turn in markets following the better PCE report and dip-buying ahead of a potential US government deal/ Closing changes on the day: Stoxx 600 -0.8% German DAX -0.3% France CAC -0.1% UK FTSE 100 -0.2% Spain IBEX +0.4% Italy’s FTSE MIB -0.1% On…
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does…
CNN’s Sahil Kapur reports on a new plan to vote on three separate bills in Congress: Clean continuing resolution Disaster relief Agriculture/farmer aid The key here is what’s in the continuing resolution and how long it will prevent a government shutdown for? Whatever the details, the market is spiking higher today with the S&P 500 now up 1.8%. There…
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does…
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Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does…
The GBP/USD has extended its recovery after reaching its lowest level since May 10, with the decline bottoming out at 1.24739, just below the November low at 1.24865. Early in the US session, the pair began to reverse course with more momentum, regaining prior breaks below key November swing levels at 1.2506 and 1.25237 respectively. This move signaled a…
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does…
The EURUSD is stretching higher and it has now broken back above the November 26 swing low at 1.0442 and is testing its falling 100-hour moving average at 1.0443 (blue line on the chart above). Just above that is a swing area between 1.0448 and 1.0461 and the falling 200-hour moving average at 1.04719 (green line on the chart…
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does…
