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The euro fell to its lowest in a month…

  Good Morning,   – The euro fell to its lowest in a month at $1.3550 level as Banking sector fears in Europe come on game  and  Germany’s ZEW Index falls for seventh month yesterday  … – Asian stocks were mixed on Wednesday in choppy trade following better-than-expected growth data from China. Japan’s Nikkei -0.10%, […]

Market Recap- The stakes are getting higher

Starting from the Trump’s tweet on Sunday, markets are presenting a Dr. Jekyll and Mr. Hyde kind of mode as we pass from the Japanese to the European to the USA session. The bulls (to rephrase it, the investors going long EUR –AUD –CAD –NZD –Equities) are prevailing during the Japanese and the European session, […]

Gold Traders are waiting for FED

Gold retraced back 50% of the upward move from 1122 to 1263, while it’s currently consolidating above the psychological 1200 level. Although there are events like Netherland’s elections and European’s uncertainty as Brexit or Greece’s talks that may push investors to traditional safe assets, their main focus will be on the FOMC meeting tomorrow.  The […]