GBP News Reviews 

GBP Daily Review December 19, 2018

GBP Daily Review for December 19, 2018 EUR/USD and GBP/USD Forecast December 19, 2018 The Euro rallied initially during trading on Tuesday but gave back quite a bit of gains as the 1.14 level has offered so much in the way of resistance. There…   EUR/GBP Technical Analysis: Descending triangle breakout likely The EUR/GBP pair’s persistent defense of key rising trendline could embolden the bulls to take out the resistance or the upper edge of the descending   GBP/USD rising slowly towards 1.2700, but Brexit remains a roadblock GBP/USD is…

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Heads-up News 

London Trading Session Heads Up Wednesday, December 19, 2018

London opening news digest Gold Prices May Drop as Fed Disappoints Hopes for Dovish Pivot Gold prices may drop as Federal Reserve officials disappoint hopes for a dovish turn in monetary policy, hinting that several rate hikes are still in   Asian Stocks Mixed As Markets Wait For Fed, USD Pressured Investors think that the US central bank will raise rates once more on Wednesday, but stocks were supported by expectations of a more measured hiking   USD/INR: Rupee jumps to three-week highs near 69.85 The Indian National Rupee (INR)…

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EUR News Reviews 

EUR Daily Review December 19, 2018

EUR Daily Review for December 19, 2018 When is the German IFO survey and how they could affect EUR/USD? The German IFO Business Survey Overview The German IFO survey for December is slated for release later today at 0900 GMT. The headline IFO Business C   EUR/USD: guided by the technical – Commerzbank Karen Jones, analyst at Commerzbank, explains that the EUR/USD pair has bounced from the November low at 1.1267 and the rallies are likely to find ini   EURUSD Price Shrugs Off Weak German IFO Data, Risks Lie…

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Heads-up News 

Frankfurt Trading Session Heads Up Wednesday, December 19, 2018

Frankfurt opening news digest Bitcoin In 2019 — Will It Reach Another High? Bitcoin remains the same asset, whether it’s worth $20K or $3K.   Consumers Cheer Lower Oil Prices But Economic Concerns Loom Oil is now down 40% from its October high. Consumers are thrilled but what does it mean for the 2019 economic outlook?   USD/PHP Prices May Extend Climb as USD/MYR and USD/IDR Fall The Philippine Peso had its worst day against the US Dollar since May, USD/PHP could be vulnerable to reversing its dominant downtrend. Meanwhile…

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JPY News Reviews 

JPY Daily Review December 19, 2018

JPY Daily Review for December 19, 2018 USD/JPY hits 8-day low, ignores Japan’s downward revision of GDP The USD/JPY pair is currently trading at 112.70, having hit an eight-day low of 112.65 soon before press time. Japan’s government revised lower its f   GBP/JPY heading lower as PM May plays keep-away with Brexit proposal GBP/JPY is in play near 142.30 after halting an early-Tuesday slide into the 142.00 handle as Brexit fears continue to pull the Sterling lower. The P   USD/JPY: Immediate bias neutral – Commerzbank Karen Jones, analyst…

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Heads-up News 

Tokyo Trading Session Heads Up Tuesday, December 18, 2018

Tokyo opening news digest President Trump’s Trade Rubbish With each passing day, there is news about a flare up, primarily on the front where the United States and China are confronting each other. While these flare ups rattle the markets, they don’t seem to rattle President Xi or President Trump. Indeed, neither Xi nor Trump seem inclined to give ground.   It’s Been A Wild Ride This Year 2018 was quite a rollercoaster ride for the equity markets, but investors can still look forward to a growing economy in the…

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AUD News Reviews 

AUD Daily Review December 18, 2018

AUD Daily Review for December 18, 2018 S&P 500, Crude Oil Prices Beyond 14-Month Low. AUD, NZD at Risk The S&P 500 and crude oil prices closed at their lowest in more than 14 months as sentiment quickly fell apart. The Australian and New   EUR/AUD: Risk environment to pressure the Aussie – Westpac Sean Callow, research analyst at Westpac, suggests that for the Australian dollar, the narrative around the Australian economy has soured considerably   AUD/USD: Pressured on deteriorating liquidity and political stability in Washington AUD/USD dropped from the…

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Heads-up News 

Sydney Trading Session Heads Up Tuesday, December 18, 2018

Sydney opening news digest Wells Fargo Sees Another Rally Ahead For Shopify Shares Shopify stock has been volatile in 2018, but technical data suggests an upside move is ahead   Can Oracle’s Cloud Momentum Drive Revenue Growth? Oracle reported its fiscal Q2 results on December 17, beating market expectations on revenue and EPS. Despite the impact of forex headwinds, Oracle’s results point towards potential acceleration   The Case For Hiking A ‘Very Gradual’ 10 Basis Points Two solutions for the Fed’s problems: 25 bps certainly seems to be too large…

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Crypto News Reviews 

Bitcoin News Digest Tuesday, December 18, 2018

Settling A Bitcoin ‘Bet’ During this week in 2017, I relayed in this column a discussion I had with my monthly dinner group, which was prompted by an enthusiastic discussion about the merits and flaws of investing in Bitcoin. At the time, it was headline news. As the chart from that article shows here,   Bitcoin: The Decline Is Fundamental, Unsolvable, And The End Of BTC From a fundamental view of BTC the currency has nothing backing it and thus it literally has no value, either intrinsically or agreed upon.…

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News Regulators Reviews 

Policy Daily Review December 18, 2018

Policy Daily Review for December 18, 2018 Why Stocks May Not Care If The Government Shuts Down The shutdown, should it occur as threatened this Friday, would certainly aggravate the always-acute tension between Republicans and Democrats but the markets may yawn.   Here’s what happens to Social Security and disability benefits during a government shutdown In the event of a government shutdown at midnight, Social Security and disability checks will still be sent to recipients and beneficiaries.   Labour Party to bring vote of no-confidence against Prime Minister May Labour…

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