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Forex
Dow Jones Industrial Average teases fresh record high on tepid Monday
The Dow Jones clipped into an all-new record peak, but remains flat overall.
Equities are tilted upwards, but overall market momentum remains limited.
US…
Mexican Peso falls to six-day low after mixed data
Mexican Peso declines for fourth day as USD/MXN recovers from daily low of 19.29.
Mexico’s Economic Activity expanded in July, but Retail Sales contracted…
EUR/USD weakens as Eurozone PMI sinks into contraction
EUR/USD falls sharply to near 1.1100 on weak Eurozone preliminary Purchasing Managers’ Index data of September.
ECB policymakers appear to be increasingly…
Crude Oil takes a stab at pivotal level for more upturn after US PMI’s
Crude Oil advances higher after US PMI's lead the way.
European PMI data shows a substantial decline in Services and Manufacturing activity in the region.…
USD/JPY rises above 144.00 after mixed US flash PMI
USD/JPY gains above 144.00 after the release of the mixed preliminary US S&P Global PMI data for September.
The US Services PMI came in…
Pound Sterling drops as UK PMI fails to meet estimates
The Pound Sterling drops as the preliminary UK S&P Global PMI came in lower than expected.
Traders expect the BoE to deliver one more interest rate cut…
SPDR Energy ETF ( XLE) found buyers at the blue box area
In this technical article we’re going to take a quick look at the weekly Elliott Wave charts of SPDR Energy ETF (XLE) , published in members area of the…
USD/JPY: The major resistance at 145.50 is likely out of reach – UOB Group
Strong momentum suggests further US Dollar (USD) strength; the major resistance at 145.50 is likely out of reach. In the longer run, sharp advance reinforces…
Mexican Peso broadly steadies ahead of eventful week with Banxico rate decision
The Mexican Peso gears up for a busy calendar week.
The Bank of Mexico holds its policy meeting Thursday and major inflation data is out on Tuesday. …
UK Preliminary Services PMI dips to 52.8 in September vs. 53.5 expected
UK Services PMI ticks down to 52.8 in September, beats estimates.
Manufacturing PMI in the UK declines to 51.5 in September.
GBP/USD sticks to losses near…