EUR/JPY Moving Towards Psychological Resistance Level
The common European currency appreciated about 54 base points against the Japanese Yen on Monday. The currency pair has reversed a new junior ascending channel pattern. The exchange rate breached both the 200-hour simple moving average at 128.58 and the...
Global Growth And Brexit Fears Dominate Proceedings
Monday December 10: Five things the markets are talking about **PM MAY SAID TO CANCEL PLANNED TUESDAY’S MEANINGFUL VOTE IN PARLIAMENT** Global equities remain under pressure, extending last week’s losses amid a potential escalation between the world’s two largest economies,...
Pound-euro parity by mid-2019 if no deal on Brexit, says Argentex
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Peer-to-peer lender Zopa to seek more funding in 2019 as it opens its own bank
U.K. peer-to-peer lender Zopa plans on raising more money in 2019 as it looks to open up its own bank, its boss told CNBC. The financial technology start-up recently obtained a banking license from Britain’s financial regulator, on the back...
Sterling Might Wake Up as Brexti Vote Approaches, Busy Week Ahead
Asian stocks open the week lower, following Friday’s selloff in the US. But the forex markets are pretty steady. Dollar is the weakest one for now, followed by Sterling and then Canadian. On the other hand, New Zealand Dollar leads...
Dow futures point to 150-point decline as sell-off looks set to continue in new week
U.S. stock futures fell as traders feared an intensifying trade war between the United States and China. As of 12:00 a.m. ET Monday, Dow Jones Industrial Average futures dropped 175 points, implying a decline of 151.95 points at Monday’s open....
Dow futures drop nearly 200 points as sell-off looks set to continue in new week
U.S. stock futures fell on Sunday night as traders feared an intensifying trade war between the United States and China. Dow Jones Industrial Average futures dropped 197 points, implying a decline of 173.95 points at Monday’s open. S&P 500 and...
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