Category: Uncategorized

Global Markets: Asian Stock Markets : Nikkei up 1.83%, Shanghai Composite down 0.13%, Hang Seng up 0.39%, ASX up 0.53% Commodities : Gold at $1226.40 (-0.19%), Silver at $14.56 (-0.06%), Brent Oil at $72.10 (+0.04%), WTI Oil at $61.76 (+0.15%) Rates : US 10-year yield at 3.228, UK 10-year yield at 1.535, Germany 10-year yield … Continue reading Thursday 8th November: Asian Markets attempt to rise after divided Congress

EUR/USD: The US dollar staged an impressive recovery on Wednesday after extending losses across the board in wake of the US mid-term election results, which saw the Republicans lose control of the House. The EUR/USD market challenged its 1.15 handle and surrendered a large portion of recent gains. As the H4 candles appear poised to … Continue reading Thursday 8th November: FOMC rate decision eyed – remain vigilant.

EUR/USD: Although the single currency managed to uphold a bullish presence above its 1.14 handle on the H4, the unit failed to sustain gains beyond nearby resistance at 1.1432 Tuesday, concluding the day marginally in the green ahead of the US mid-term election results. Further buying from here has the 1.15 handle on the radar. … Continue reading Wednesday 7th November: Eyes remain on US mid-term election results