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EURUSD H8 | Short Momentum
#EUR/USD#
- Deeper fall is expected this week as long as 1.1760 resistance holds, to 38.2% retracement of at 1.1485. On the upside, above 1.1780 will turn intraday bias back to the upside for retesting 1.2010. However, sustained break of 1.1485 will pave the way to 61.8% retracement a
Silver Price Analysis: 50-day EMA probes XAG/USD bounce off multi-day low
Silver recovers from 14-week low to regain $25.00.
Sustained break of two-month-old support line keeps sellers hopeful.
The key Fibonacci retracements, 100-day EMA offer short-term support.
Silver prices take the bids near $25.20, up 1.8% intraday, during Monday’s Asian session. In doing so, the wh
Binance Launches COIN- & USDT- Margin Product Categories
Photo: Binance CEO Changpeng Zhao
Cryptocurrency exchange giant Binance is announcing today the launch of COIN- and USDT- Margin product categories for its range of perpetual and quarterly futures. The company said in a statement that the new product categories are designed to “highlight the use o
ECB's Lagarde: We have to maintain safety net at least until June 2021
European Central Bank (ECB) President Christine Lagarde is on the wires now, via Reuters, commenting on the bank's commitment to the PEPP stimulus.
Additional quotes
"We have to maintain safety net at least until June 2021."
"We should envisage support continuing beyond 2020."
"We really have to mai
Deutsche Börse Loses Steam in Q2, Still Posts Solid H1 Results
Photo: Reuters
Marketplace organiser Deutsche Börse has today released its financial results for the second quarter of 2020, revealing an overall uptick in revenues for the Group.
During the three month period, net revenue reached €778 million. When measuring this against the same period of the pr
Peter Quick Purchases More Than 50,000 GAIN Capital Shares
Photo: FM
Peter Quick, an Independent Director of GAIN Capital Holdings, Inc. (GCAP), has acquired more than 50,000 of the US-based brokerage’s common stock, Finance Magnates has learned.
According to a Form 4 document filed through the Securities and Exchange Commission (SEC) in the United States
South Korea Producer Prices Climb 0.5% In June
Producer prices in South Korea advanced 0.5 percent on month in June, the Bank of Korea said on Tuesday.
That beat forecasts for a gain of 0.3 percent following the flat reading in May.
Individually, prices for agricultural, forestry and marine products dropped 1.6 percent on month, while manufactur
EUR/JPY extends three-day losing streak to break 120.00 amid risk-off
EUR/JPY remains pressured near the monthly low.
Increase in coronavirus cases from China and Beijing probes the initial risk reset.
ECB’s TLTRO sees 1.4 trillion euro loan demands, policymaker de Guindos favor grants over loans.
Japan’s CPI weakened while BOJ minutes showed sustained support for fur
Pull-up Update