17 October, 2016 by The TZ Newswire Staff Comments Off on Pound spikes in Asia but what will Europe make of it?
Pound spikes in Asia but what will Europe make of it?
We’ve seen a decent rally for the pound in Asian trading 18 Oct
Nothing too exciting to explain the moves that I am seeing or hearing.
Common consensus seems to be a series of stop loss buy orders being triggered in the usual thin Asian liquidity through 1.2200 then 1.2220 and 1.2265, all good areas of resistance in recent days/sessions.
17 October, 2016 by The TZ Newswire Staff Comments Off on Currencies: Dollar weakens against rivals as investors lock in recent gains
Currencies: Dollar weakens against rivals as investors lock in recent gains
The greenback has gained traction in recent trade as brisk economic data bolstered investors’ expectations that the Federal Reserve would increase interest rates later this year.
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17 October, 2016 by The TZ Newswire Staff Comments Off on 3 Numbers: UK Inflation To Rise, And Keep Rising
3 Numbers: UK Inflation To Rise, And Keep Rising
17 October, 2016 by The TZ Newswire Staff Comments Off on Time to taper? Here’s why we might have to wait for any ECB action
Time to taper? Here’s why we might have to wait for any ECB action
Despite fevered speculation, the vast majority of economists expect an extension for quantitative easing beyond March 2017.
17 October, 2016 by The TZ Newswire Staff Comments Off on Norsk Hydro: Change in Hydro’s Corporate Management Board
Norsk Hydro: Change in Hydro’s Corporate Management Board
17 October, 2016 by The TZ Newswire Staff Comments Off on Op-Ed: Samsung should’ve been clearer during Note 7 crisis but it won’t stay down for long
Op-Ed: Samsung should’ve been clearer during Note 7 crisis but it won’t stay down for long
Samsung’s Galaxy Note 7 fiasco has been top of the headlines but the giant gave very little clarity about what was actually going on.
17 October, 2016 by The TZ Newswire Staff Comments Off on Chart: Here is why the outlook for the euro is bearish
Chart: Here is why the outlook for the euro is bearish
The recent pullback towards 1.10 suggests that bearish pressure is building on the euro-dollar.