Serving Intelligent Investors
Dollar/yen is down to ¥102.30 after starting the year above ¥105.
South Africa’s rand at a 5-1/2 year low
The Turkish lira tumbled 1.6% to a record low of 2.3360 per dollar
The ¥103 level looks like a strong resistance –
Deutsche Bank, JP Morgan and Morgan Stanley will support FX derivatives clearing for buyside from launch
Read the latest forex daily report
USD/JPY technical analysis – heavy losses USD/JPY hit session highs of 102.40 in the European session, but after that a sharp decline drove the pair to 102.05 the weakest level since November 27. The announcement […]
It’s proved and highly recommended not to trade on Mondays or after holidays, when the market has recently awaken Respect your stop order and don’t move it “cherishing hopes” Running two or more open trades […]
China’s GDP growth slowed in the second quarter to 7.5 percent year-on-year as weak overseas demand weighed on output and investment, lining up a test of Beijing’s resolve to revamp the world’s second-biggest economy in […]
