US News

USDCHF Breaks Below Its near Term Support Zone on the Level at 0.9926 but Recovers Abruptly

Oct 13 2019 @ 09:11
USDCHF Price Analysis – October 8 The FX pair breaks below the horizontal zone on the level at 0.9926 but reverses again after recovering from its early selling pressure. The USDCHF was able to find buyers again around the level at 0.9908. Key Levels Resistance Levels: 1.0231, 1.0126, 1.0015 Support Levels: 0.9897, 0.9870, 0.9843 USDCHF […]
 

Lawmakers Pen Down Concerns to the Fed Over National Digital Currency

Oct 05 2019 @ 04:36
Two United States lawmakers have urged the Federal Reserve to evaluate the possibilities of creating a digital dollar currency. House of Representatives members, French Hill and Bill Foster recently sent a letter to the Federal Reserve Chairman Jerome Powell, expressing the concerns they have on the implications the US dollar would face in a likely […]
 

Despite the Ongoing Trade Dispute, U.S. Manufacturing Records 5-Month High

Sep 24 2019 @ 00:24
Headline: As the manufacturing segment put up a silent recuperation in September, demonstrating a level of versatility in the more extensive U.S. economy, the trade dispute keeps on negatively affecting the general business standpoint, as per new IHS Markit information. The latest Purchasing Managers’ Index (PMI) overview from IHS Markit demonstrated that U.S. Manufacturing, which […]
 

China’s New Cryptocurrency

Sep 15 2019 @ 08:20
China plans to release a new digital currency which would bear some similarities to Facebook’s Libra coin. It would be usable across several platforms like WeChat and Alipay. In a recent interview with the Shanghai Security News on the 6th of September, the deputy director of the People’s Bank of China, Mu Changchun, stated the […]
 

Facebook’s Libra To Apply For Licence In Switzerland

Sep 15 2019 @ 08:05
Swiss financial regulators have signaled that Facebook’s cryptocurrency, Libra is mandated to meet up to extra requirements besides acquiring a payment system license before they can begin operations in the region. In a recent press release, the Swiss Market Supervisory Authority (FINMA) explained that the diverse services projected by Libra have created the need for […]
 

Guardian Stockbrokers Key Economic News Thursday 12 September 2019

Sep 12 2019 @ 05:21
The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK house price balance rose in August In the UK, house price balance registered a rise to 4.00% in August, compared to a reading of 9.00% in the prior month. US mortgage applications rose in the last week In the US, mortgage […]
 

Guardian Stockbrokers Key Economic News Wednesday 11 September 2019

Sep 11 2019 @ 05:11
The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK ILO unemployment rate unexpectedly dropped in the May-July 2019 period In the UK, the ILO unemployment rate dropped unexpectedly to a level of 3.80% in the May-July 2019 period, compared to market expectations of an unchanged reading. In the April-June 2019 […]
 

Guardian Stockbrokers Key Economic News Tuesday 10 September 2019

Sep 10 2019 @ 04:12
The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK manufacturing production unexpectedly rose in July In the UK, manufacturing production unexpectedly climbed by 0.30% on a MoM basis in July. In the prior month, manufacturing production had dropped 0.20%. UK industrial production surprisingly climbed in July In the UK, industrial […]
 

Bullish Sentiment on USDCHF as It Breaks to New Session Highs Above the Level at 0.9815

Aug 29 2019 @ 09:00
USDCHF Price Analysis The pair is moving to a new session high and in the process is exiting from it’s moving averages 5 (red line) and 13 (blue line) at 0.9805 and 0.9785 respectively. Currently, a base on the level at 0.9775 area, at the horizontal line has formed and has allowed for a temporary […]
 

Bahamas Petroleum Company: From the recent base, bulls make a fresh upwards breakout on BPC

Aug 24 2019 @ 10:12
Bahamas Petroleum Company shares (LSE:BPC) have broken upwards after several months of a boring ranging movement. The shares dropped like a stone in March 2015, only to consolidate till August 2019. Recently, there has been a significant bullish breakout, which means the market may go further upwards. The market is clearly above the EMA 21, […]
 
 
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