Heads-up News 

Sydney Trading Session Heads Up Thursday, October 12, 2017

Sydney opening news digest

Oil giant Shell buys electric car charging company

Royal Dutch Shell revealed a deal on Thursday to acquire NewMotion, one of Europe’s largest electric vehicle charging providers.


JPMorgan earns $6.7 billion profit thanks to Main Street

JPMorgan Chase, the nation’s largest bank by deposits, reported a solid increase in earnings thanks to strong demand for credit cards, auto loans and mortgages. Consumer lending picked up the slack for weak trading revenues.


London luxury property is still glitzy for Middle East investors

The weak pound and falling prices are encouraging Middle East investors to continue to pour millions into London luxury real estate despite concerns about Brexit.


Bitcoin surges above $5,000 to new record high

Bitcoin has surged above $5,000 to hit a new record high. It has now gained 70% over just the past month.


Cut in half: This retailer’s stock fell fast

Women’s clothing company J.Jill is the latest retailer to warn of weak sales. The stock plunged 50% on the news. It’s increasingly difficult for any retailer to compete with Amazon, Walmart and fast fashion kings like Zara and Forever 21.


Fear & Greed Index – Investor Sentiment

Fear & Greed is CNNMoney’s investor sentiment tool that comprises of 7 markets indicators.


Companies Hike Dividends 152% In 3rd Quarter

Investors received more cash from their investments in the third quarter. S&P 500 companies increased their net dividend payouts by $15.0 billion, or


Supply Chain And The 3G Effect

Chief Supply Chain Officers are still a fairly new phenomenon. Compared to more established C-level roles such as Chief Financial Officer and Chief Information Officer, the idea of a board-level executive in charge of all source, make and deliver functions remains novel…


On 10% Surge, Bitcoin Hits An All-Time High

Plus, JPMorgan Chase CEO Jamie Dimon, who had previously called Bitcoin a fraud, vowed to stop commenting on it.


The Economic Impacts Of Recent Hurricanes And Tax Reform

The September jobs report has caused some concern that the US economy might be slowing. However, a closer look at the data shows otherwise.


Recovering Economy And Rising Interest Rates Help JPMorgan Overcome Wall Street’s Malaise

JPMorgan’s third quarter profits rose 7% due to a recovering U.S. economy and rising interest rates, which outweighed falling trading and investment banking revenues. The bank’s results were generally in-line with analyst estimates, helping to justify a 40% surge in its stock in the past year.


Earnings Preview: What To Expect From Bank Of America On Friday

Bank of America is expected to report $0.46/share on $22.19 billion in revenue. Meanwhile, the so-called Whisper number is $0.49


What’s Your ‘Magic Dividend Number’ For Retirement?

How much money do you need to retire on dividends alone? This is a better question to ask than the typical “magic number” formula that most “first-level” thinking firms tout.


Citigroup’s Profits Climb 8% Despite Drop In Trading

The nation’s fourth-largest bank reported higher revenues and profits in its third quarter, powered by strong performance in its consumer and investment banking divisions.


USD/JPY: Signs Of A Limited Short-Term Pullback: Levels & Targets – SocGen

Societe Generale FX Technical Strategy Research notes that USD/JPY has reached the median of a multi month descending channel at 113/113.30, also the 50% retracement from last year highs, but the formation of a daily shooting star near those levels suggests a possibility of a retracement.”With daily RSI hitting a similar trend resistance,


EUR: ECB QE Recalibration; What’s The Trade? – Credit Agricole

Credit Agricole CIB FX Strategy Research notes that as Eurozone political risks have been abating of late, investors are refocusing their attention on improving Eurozone data and the forthcoming October ECB meeting.”While uncertainty about Catalonia and Italy may linger, such fears should not derail the EUR uptrend.We expect the ECB to an


EUR/USD: A Signal For A ‘Lower For Longer’ QE Taper; What’s The Trade? – ING

ING FX Strategy Research comments on yesterday’s speech by ECB’s Chief Economist Peter Praet in New York in which he shed important light on how asset purchases have helped to anchor the EZ rate curve lower.”If one was to assume that euro area markets are in a ‘normal’ environment – as the evidence suggests – th


GBP Volatility Leads The Day, USD Struggling At Top: SW Report

After the FOMC minutes release showed persistent concern among Fed members about low inflation, the USD has failed to hold gains achieved earlier in the


Price Action Setups Around the U.S. Dollar Ahead of CPI

Tomorrow brings a pivotal CPI print out of the United States as US markets continue to grapple with the prospect of near-term rate hikes out


Near-term Setups in Bitcoin, Ethereum and USD/JPY

Here’s an update on the setups we’ve been tracking this week. Find a detailed, in-depth review of these setups and more in this week’s Strategy


British Pound May Fall Based On Long Positions

The combination of current sentiment and recent changes gives us a stronger GBPUSD-bearish contrarian trading bias.


Ethereum Price Breakout Pending- Levels to Know

Ethereum prices have carved out a well-define monthly opening-range just below a key resistance barrier. Here are the targets & invalidation levels that matter.


Brexit Briefing: Pound Weakens Again on Talks ’Impasse’

The British Pound is falling once more as a lack of progress in the Brexit negotiations outweighs a likely tightening of UK monetary policy.


Webinar: Central Bank Weekly: What’s the Next Move for the Fed & the US Dollar?

DailyFX Senior Currency Strategist Christopher Vecchio, CFA discusses the major central banks’ monetary policies and their implications for FX markets into mid-October.


GBP/USD Rebound Hit by Slowing U.K. Consumer Credit, Brexit Deadlock

GBP/USD may continue to face near-term headwinds as the European Union’s chief Brexit negotiator, Michel Barnier, warns the negations have ‘reached a state of deadlock.’


USD In Focus Ahead of CPI as Euro Bulls, Cable Bears Take Hold

The U.S. Dollar has put in a bearish move since last week’s NFP report, and we’re seeing a bit of pullback ahead of tomorrow’s CPI


DailyFX US AM Digest: US Dollar Drops for Four Straight Days Before Stabilizing

The US Dollar has stabilized today after slipping for four consecutive days, including yesterday following the release of the September FOMC meeting minutes.


Canadian Dollar Under Pressure on NAFTA, Easier Oil Prices

The advance in the US Dollar since early September against its Canadian counterpart has run out of steam but could well resume as NAFTA negotiations


DXY Losing Bullish Posture, Broad US Dollar Outlook Turns Neutral

The DXY Index now is below its daily 21-EMA, suggesting that broadly, the bias has been neutralized; only selective long exposure is appropriate.


Major Averages Lingering Near Unchanged In Mid-Day Trading – U.S. Commentary

Stocks are roughly flat in mid-day trading on Thursday after recovering from an early move to the downside. Despite the choppy trading on the day, the Dow and the Nasdaq have edged up to new record intraday highs.


Major Averages Climb Back Near Unchanged After Initial Drop – U.S. Commentary

After initially moving to the downside, stocks have regained some ground over the course of morning trading on Thursday. The major averages have climbed off their lows for the session and are now lingering near the unchanged line.


Czech CB Likely To Hike Policy Rate Amid Strong Inflation

The Czech central bank is likely to raise its interest rate by 25 basis points at its next meeting in early November, as inflation accelerated to a five-year high in September, Liam Carson, an economist at Capital Economics, said.


Blackhawk Network Holdings (HAWK) Has Tumbled To Over A 6-Month Low

Blackhawk Network Holdings (HAWK) reported third quarter EPS of $0.18 after the close Wednesday, up from $0.14 in the prior year period. The consensus estimate was for EPS of $0.


Irish Central Bank Lifts Growth Forecasts

Ireland’s central bank raised the growth forecasts for this year and next again, citing weaker than expected import growth and better investment outlook. The growth forecast for this year as raised to 4.


Akers Biosciences Inc. (AKER) Has Spiked To The Upside In Early Trade

Akers Biosciences Inc. (AKER) has suddenly spiked sharply higher in the last few minutes on increased volume. The stock is now up 0.83 at $1.70. Akers Biosciences has surged to nearly a 5-month high.


Charter Communications (CHTR) Is Falling As Viacom Negotiations Hit A Wall

Charter Communications (CHTR) has been sinking since the open of trade Thursday on reports that negotiations with Viacom (VIA) have ground to a halt. Charter Communications is now down 9.


Domino’s Pizza Inc. (DPZ) Is Down After Same Store Sales Disappoint

Domino’s Pizza Inc. (DPZ) reported third quarter adjusted EPS of $1.27 Thursday morning, compared to $0.96 in the previous year. Analysts expected EPS of $1.23. Total same store sales increased 14.


J. Jill Group (JILL) Has Plunged To A New Low On Weak Q3 Guidance

J. Jill Group (JILL) announced after the bell Wednesday that it now expects to report third quarter EPS of $0.08 to $0.10. The consensus estimate is for EPS of $0.


U.S. Producer Prices Rise 0.4% In September, In Line With Estimates

Partly reflecting another jump in energy prices, the Labor Department released a report on Thursday showing that U.S. producer prices increased in line with economist estimates in the month of September.


U.S. Weekly Jobless Claims Drop More Than Expected To 243,000

First-time claims for U.S. unemployment benefits fell by more than anticipated in the week ended October 7th, according to a report released by the Labor Department on Thursday.


Profit Taking May Lead To Initial Weakness On Wall Street

The major U.S. index futures are pointing to a lower opening on Thursday after stocks moved modestly higher over the course of the two previous sessions. Profit taking may contribute to initial weakness on Wall Street after the major averages ended Wednesday’s trading at new record closing highs.


Stocks May Give Back Ground In Early Trading – U.S. Commentary

After ending the previous session modestly higher, stocks may give back some ground in early trading on Thursday. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 21 points.


U.S. Producer Prices Rise In Line With Estimates In September

Partly reflecting another jump in energy prices, the Labor Department released a report on Thursday showing that U.S. producer prices increased in line with economist estimates in the month of September.


U.S. Weekly Jobless Claims Drop More Than Expected

First-time claims for U.S. unemployment benefits fell by more than anticipated in the week ended October 7th, according to a report released by the Labor Department on Thursday.


Citigroup Q3 Profit Up 8%, Results Beat View

Citigroup Inc. on Thursday reported an 8 percent increase in profit for the third quarter from last year, reflecting higher revenues and lower expenses that more than offset higher cost of credit.


Eurozone Industrial Output Rises Most In 9 Months

Eurozone industrial output expanded at the fastest pace in nine months in August, largely driven by production of capital goods. Industrial production grew by a more-than-expected 1.


India Industrial Production Grows More Than Expected

India’s industrial production in August grew more-than-economists expected, led by strong output in mining and electricity sectors, preliminary data from the Central Statistics Office showed Thursday.


India Consumer Price Inflation Steady In September

India’s consumer price inflation held steady in September, defying expectations for an acceleration, preliminary data from the Central Statistics Office showed Thursday.


Wall Street Set For An Initial Drop

The weekly Jobless claim is the major highlight of the day. The market is also alert on Federal Reserve Chair Janet Yellen’s speech at the 32nd Annual G30 International Banking Seminar in Washington at 9.


Barracuda Networks Inc. (CUDA) Dropped After Q2 Report

Barracuda Networks Inc. (CUDA) reported second quarter non-GAAP EPS of $0.17 after the bell Tuesday, which was in line with analysts’ expectations. Barracuda Networks gapped open sharply lower Wednesday, but traded in a range for the majority of the session.


JPMorgan Chase & Co. Q3 Profit Tops Estimates; Revenue Up 3% YoY

JPMorgan Chase & Co. (JPM) reported third-quarter earnings per share of $1.76 compared to $1.58, previous year. On average, 24 analysts polled by Thomson Reuters expected the company to report profit per share of $1.


Sensex Jumps 348 Points On Earnings Optimism; Nifty Nears 10,100

Firm global cues as well as optimism over the earnings season helped Indian markets finish sharply higher on Thursday. The benchmark BSE Sensex ended the session up 348.


NuVasive Inc. (NUVA) Fell To A New Low For The Year

NuVasive Inc. (NUVA) announced after the bell Tuesday that it has filed a lawsuit against former vice chairman Patrick S. Miles. The company alleges that Miles violated his non-competition and non-solicitation obligations to NuVasive.


Latvia Current Account Deficit Narrows In August

Latvia’s current account gap narrowed in August from a month earlier, figures from the Latvian Central Bank showed Thursday. The current account deficit decreased to EUR 56 million in August from EUR 145 million in July.


OrthoPediatrics Prices IPO Of 4 Mln Shares At $13.00/shr

OrthoPediatrics Corp., an orthopedic company focused exclusively on providing a comprehensive product offering to the pediatric orthopedic market, announced that it has priced its initial public offering of 4 million shares of its common stock at $13.


Xperi Corp. (XPER) Tumbled To A New Low For The Year

Xperi Corp. (XPER) gapped open lower Wednesday and spiked to the downside in early trade. The stock settled into a range for the bulk of the session and closed lower by 3.


Pretium Resources Inc. (PVG) Surged To An 8-Month High On Q3 Gold Production

Pretium Resources Inc. (PVG) announced Wednesday morning that its Brucejack Mine produced 82,203 ounces of gold during the third quarter. Pretium Resources gapped up at the open Wednesday and rose steadily during the first hour of trade.


Portugal Inflation Rises Further In September

Portugal’s consumer price inflation accelerated for the second straight month in September, though slightly, figures from Statistics Portugal showed Thursday. The consumer price index rose 1.


Ireland CPI Rises For Second Month

Ireland’s consumer prices increased for the second straight month in September, preliminary figures from the Central Statistics Office showed Thursday. The consumer price index rose 0.


Johnson & Johnson (JNJ) Jumped After Jefferies Upgrade

Jefferies upgraded its rating on shares of Johnson & Johnson (JNJ) Wednesday morning to “Buy” from “Hold.” Johnson & Johnson gapped open higher Wednesday and climbed during the first 45 minutes of trade.


Blackrock Inc. (BLK) Rose To A New High On Strong Q3 Earnings

Blackrock Inc. (BLK) reported third quarter EPS of $5.92 Wednesday morning, up from $5.14 a year ago. Analysts expected EPS of $5.56. Blackrock posted gains in early trade Wednesday and advanced further around midday.


Aerie Pharmaceuticals Inc. (AERI) Leaped To A New High After FDA Review

The FDA posted a preliminary review on its website Wednesday which states that Aerie Pharmaceuticals Inc.’s (AERI) Rhopressa, a treatment for glaucoma, is effective in lowering eye pressure.


European Shares Lack Direction Ahead Of Central Bank Speeches

European stocks lacked direction on Thursday as investors kept an eye on currency movements and awaited third-quarter earnings from U.S. banking giants due this week for direction.


FTSE 100 Little Changed In Cautious Trade

U.K. shares were little changed on Thursday as the pound edged up and investors awaited earnings from big U.S. banks as well as comments from central bankers at the International Monetary Fund’s (IMF) annual meeting in Washington D.


CAC 40 Slips Into Red Ahead Of Central Bank Speeches

French shares drifted lower on Thursday as investors awaited earnings from big U.S. banks as well as comments from central bankers at the International Monetary Fund’s (IMF) annual meeting in Washington D.


DAX Edges Lower Ahead Of US Bank Earnings

German shares were subdued on Thursday, with banks declining ahead of third-quarter earnings from U.S. banking giants due this week. Also, ECB President Mario Draghi and several other ECB members are set to speak at the IMF’s annual meeting in Washington D.


Sweden Inflation Remains Stable In September

Sweden’s consumer price inflation held steady in September, after easing marginally in the prior month, figures from Statistics Sweden showed Thursday. The consumer price index climbed 2.


Asian Shares Advance After Fed Minutes

Asian stocks finished mostly higher on Thursday after the latest FOMC minutes showed Fed officials expressing a strong degree of caution over the timing of future interest-rate increases.


Denmark Jobless Rate Drops In August

Denmark’s unemployment rate decreased slightly in August after rising in the previous month, figures from Statistics Denmark showed Thursday. The seasonally adjusted jobless rate edged down to 4.


My Watch List Crossing Wall Street

Here’s my latest Watch List. This is my unofficial list of high-quality stocks I like to follow. If a stock is on this list, then there’s a very good


Q3 2017 Earnings Calendar Crossing Wall Street

I’ve included both CR Bard and Becton, Dickinson. The buyout is scheduled to happen sometime in Q4.

Posted by Eddy Elfenbein on October 12th, 2017 at


Bitcoin surges past $5,300 ‘as bulls returned to the market with a vengeance’

The red-hot digital currency is up more than 400% this year. That’s no surprising to bitcoin fans.


Fed president James Bullard tells us why he disagrees with his colleagues about the need for more rate hikes

In an interview with Business Insider, St. Louis Fed President James Bullard says he’s doubtful the central bank will need to raise rates much more if at all.


Here’s how easy it is for anyone — including Russian operatives — to target you with ads on Facebook

We asked three media agencies to come up with media plans and budgets for someone looking to swing an election in Michigan and Wisconsin using facebook.


Under Armour isn’t cool with teens anymore — and it’s becoming a huge problem for the brand

Teens don’t think Under Armour is fashionable, according to Piper Jaffray’s latest survey.


Another Republican senator is sending a massive warning signal on Trump’s tax plan

Indiana senator Todd Young said he would not support Trump’s tax plan if it were to “blow a hole in the budget.”


A hedge fund started by a pioneering female investor has lost more than half its assets in two years

Jamie Zimmerman’s Litespeed Partners now manages about $725 million, less than half of what the fund managed in October 2015.


What you need to know on Wall Street today

Hello. Here’s what you need to know on Wall Street today.


More and more stocks are doing the market’s heavy lifting

One big company’s earnings miss is less likely to send a shockwave through the rest of the market.


BERNSTEIN: Netflix is successfully pulling off a move very few companies can (NFLX)

Netflix said last week it would raise prices for the US and a few other European countries. The company’s stock took a small hit the day of the announcement…


BANK OF AMERICA: ‘This is not your parents’ tech bubble’

Bank of America says comparisons of the current stock market to the tech bubble are overblown and that today’s conditions are much less extreme.


Sheryl Sandberg’s Russia talk was an insult to our intelligence

The COO of Facebook has nothing but excuses and backward-looking statements for a Russian misinformation war that is still very much ongoing.


Elon Musk might have another $50 billion company on his hands (TSLA)

If you haven’t watched one of SpaceX’s live rocket launches, and subsequent landings, you are really missing out.
Elon Musk, CEO of SpaceX and Tesla, st…


A small Minnesota-based investment bank you’ve never heard of got in on a $3.6 billion Wall Street deal

They’re going after the biggest pharma and healthcare deals.


Trump just took a big step to unravel Obamacare

President Donald Trump signed an executive order directing agencies to allow for the use of association health plans and broader short-term health insurance.


The world’s largest money manager is making a killing on the hottest investment product around (BLK)

BlackRock, the world’s largest money manager with $5.69 trillion in assets under management, reported better-than-expected earnings on Wednesday, which…


Trump is considering overhauling a key part of his tax plan after Republican blowback

Trump wants to keep the state and local tax deduction, which is helpful politically but makes tax reform a lot harder for the budget process.


Snap spikes to its best level in more than 3 months (SNAP)

Snap’s stock price spiked to its highest level in more than three months on Thursday morning, hitting a high of $16.69 a share. Currently it’s tr…


ROSENBERG: This may be ‘one of the most bullish, and underappreciated, charts on the planet right now’

Japanese women are entering the workforce in droves.


Traders are cranking up bets against the nation’s biggest wine company as California wildfires rage

Traders are piling into hedges on Constellation Brands, the nation’s biggest wine company, as wildfires rage through California wine country.


Tesla to recall some Model X SUVs for seat adjustment

Tesla Inc. TSLA, +0.30% said Thursday it is voluntarily recalling some Model X SUVs for an adjustment to the vehicles’ second-row seats. A small numbe


John Taylor met Trump about Fed chair post

President Donald Trump met with Stanford University economist John Taylor in the search for a new chairman of the Federal Reserve, a White House offic


Dow ends lower, retreats from records as Goldman, UnitedHealth weigh

U.S. stocks finished lower Thursday, retreating from records set in the previous session, as investors parsed the first of a batch of third-quarter co


House passes disaster-aid bill for hurricanes, Puerto Rico

The House of Representatives passed a $36.5 billion disaster-aid bill Thursday, to help victims of hurricanes and fires, as well as to provide an emer


Eaton Vance boosts dividend by 11%

Asset manager Eaton Vance Corp. EV, +0.46% said Thursday it will raise its quarterly dividend by 11% to 31 cents a share from 28 cents a share. The ne


Gold prices settle at highest in more than 2 weeks

Gold prices climbed Thursday to their highest finish in more than two weeks. Prices got a lift after minutes from the U.S. Federal Reserve’s September


J.C. Penney’s stock tumble toward another record low

Shares of J.C. Penney Co. Inc. JCP, -3.74% tumbled 2.6% toward another record low in active trade Thursday, amid broad weakness in the retail sector a


OrthoPediatics’ stock rockets in its public debut

Shares of OrthoPediatics Corp. KIDS, +47.85% were trading 50% above the initial public offering price, in their public debut. The maker of medical dev


CarGurus stock rockets 80% on first day of trade

Shares of CarGurus Inc. CARG, +72.38% rocketed 80% on their first day of trade Thursday, after the company priced its initial public offering above th


Oil prices pare losses as EIA data show a third weekly decline in U.S. crude supplies

Data from the U.S. Energy Information Administration Thursday showed that domestic crude supplies fell by 2.8 million barrels for the week ended Oct.


Target shoppers can now make purchases through Google Home

Target Corp. TGT, +1.76% said Thursday that consumers can now shop from Target using their voice and the Google Home GOOGL, +0.00% device. Next year,


EIA reports a rise U.S. natural-gas supply that nearly matches market expectations

Data from the U.S. Energy Information Administration on Thursday showed that domestic supplies of natural gas rose by 87 billion cubic feet for the we


Time Inc. partners with Google on video advertising tool as print business suffers

Time Inc. TIME, +1.19% on Thursday said it is launching Adapt Video, a new video advertising unit the beleaguered media and entertainment company crea


Stocks open slightly lower to retreat from record levels

U.S. benchmark stock indexes all opened modestly lower on Thursday to backpedal from record levels hit the previous session. All three major stock ind


U.S. drops out of Unesco over arrears, ‘anti-Israel bias’

The U.S. has withdrawn from the United Nations Educational, Scientific and Cultural Organization, a State Department spokeswoman said Thursday. The de


Amazon and Microsoft unveil Gluon, a deep learning library open to developers

Amazon.com Inc.’s AMZN, +0.60% Amazon Web Services (AWS) and Microsoft Corp. MSFT, +0.92% jointly unveiled Gluon, a new deep learning library which al


Helios & Matheson is increasing its stake in MoviePass with an option for more

Data firm Helios & Matheson Analysts Inc. HMNY, -37.69% said on Thursday that it is increasing its majority stake in movie-theater subscription servic


Citi earnings beat boosts stock

Citigroup C, -3.43% on Thursday reported net income of $4.1 billion in the third quarter, or per-share earnings of $1.42, compared to $3.8 billion, or


Williams-Sonoma downgraded to underperform vs. neutral at Credit Suisse

The stock of home goods retailer Williams-Sonoma Inc. WSM, -3.57% was downgraded to underperform from neutral at Credit Suisse Thursday, with analysts


Domino’s Pizza beats profit and sales expectations, but stock falls

Domino’s Pizza Inc. DPZ, -3.92% reported Thursday third-quarter profit and sales that rose above expectation. Net income for increased to $56.4 millio


Spark Therapeutics shares halted as FDA committee reviews gene therapy treatment for eye disease

Spark Therapeutics Inc. shares ONCE, -0.62% were halted Thursday as a U.S. Food and Drugs Administration advisory committee meets to review the compan


FX Closing Bell October 12, GBP Volatility Leads The Day, USD Struggling ATop SW Ranking

#news @ForexYell Highlights: -The British Pound avoided a bearish outside day in impressive fashion. Ahead of the US session, news that the EU’s chief Brexit…


Webinar: Central Bank Weekly: What’s the Next Move for the Fed & the US Dollar?: 10/12/17

DailyFX Senior Currency Strategist Christopher Vecchio, CFA discusses the major central banks’ monetary policies and their implications for FX markets over t…


Live Trading Session – Discover tactics of a Pro-Trader

In this webinar, professional trader, money manager and trading coach Jens Klatt, will go through the US market opening and show you how to trade it effectiv…


S&P 500 and NASDAQ 100 Forecast October 13, 2017

The S&P 500 fell slightly during the session on Thursday, but found support just below the 2550 handle. The markets have been a bit sideways, and quite frank…


WTI Crude Oil and Natural Gas Forecast October 13, 2017

The WTI Crude Oil market fell significantly during the day on Thursday, testing the $50 level for support. We found it, and turned around to form a bit of a …


USD/JPY and AUD/USD Forecast October 13, 2017

The US dollar fell during the session on Thursday, reaching towards the 112 level and finding support. We did bounce slightly, but I think that the market is…


EUR/USD and GBP/USD Forecast October 13, 2017

The EUR/USD pair tried to rally initially on Thursday, but then turned around to form a slightly negative candle. I think that the market is trying to go hig…



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