GBP News Reviews 

GBP Daily Review June 14, 2019

GBP Daily Review for June 14, 2019 USD Held Support, Now What? EURUSD, GBPUSD, AUDUSD, USDJPY Charts The USD index is coming off support, but it is still unclear as to whether it will hold; there are charts of varying biases in several of the major pairs.   EUR/GBP keeps the area of 5-month highs around 0.8900 The offered bias around both the Sterling and the single currency is leaving EUR/GBP so far unchanged for the day in the 0.8900 neighbourhood. EUR/GBP   GBP/USD technical analysis: Bears set to regain…

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Heads-up News 

Frankfurt Trading Session Heads Up Friday, June 14, 2019

Frankfurt opening news digest EURUSD May Fall on US Retail, Sentiment Data. GBP Eyeing Carney Growing demand for liquidity amid risk aversion may pull EURUSD lower even if US data underperforms and tilts the Fed to a more dovish disposition. GBP eyeing BoE’s Mark Carney.   Asian Stocks Mixed As US, Iran Trade Accusations Over Tanker Attacks Regional equity had a narrow and mixed session Friday with Middle Eastern tensions back to the fore. Pro-risk currencies struggled much more obviously.   France Consumer Price Index (EU norm) (YoY) in line…

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EUR News Reviews 

EUR Daily Review June 14, 2019

EUR Daily Review for June 14, 2019 Euro Braces for Finance Minister Meeting, Brexit Risk Rattles GBP Euro traders will be nervously eyeing the meeting between Eurozone Finance Ministers over how to proceed with Italy while GBP groans in the facing of more Brexit uncertainty.   EURUSD Forecast: Post-ECB Correction Eyes March-High Recent price action in EURUSD raises the risk for a run at the March-high (1.1448) as the exchange rate breaks out of the bearish trend from earlier this year.   EUR/USD moves higher and flirts with 1.1300 The…

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Heads-up News 

Frankfurt Trading Session Heads Up Friday, June 14, 2019

Frankfurt opening news digest AUDUSD Chart Analysis: Aussie Dollar Resumes Downtrend, Eyes 0.67 The Australian Dollar looks to have resumed the downtrend against its US counterpart, with chart positioning warning of a decline to test the 0.67 figure ahead.   NZDUSD, AUDUSD Tumble to Support. RBNZ, RBA Rate Cut Bets Deepen The NZDUSD and AUDUSD are tumbling to support as increasingly dovish RBNZ and RBA monetary policy bets are undermining their appeal, boosting the Japanese Yen as carry trades unwind.   Will EURUSD Draw Some of the Trade War Winds…

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JPY News Reviews 

JPY Daily Review June 13, 2019

JPY Daily Review for June 13, 2019 Japanese Yen Bulls Held At Bay Despite Ongoing US-China Trade Worries The Japanese Yen has benefitted from the multiple risk events which have this year driven investors back to haven assets. That process has slowed, not stopped   GBP/JPY technical analysis: Down 0.20%, further losses likely GBP/JPY is currently trading at 137.39, representing a 0.20% loss on the day. The risk-off tone in the equities seems to have put a bid under the anti   Go short USD/JPY am id potential risk-off ahead…

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Heads-up News 

Tokyo Trading Session Heads Up Thursday, June 13, 2019

Tokyo opening news digest Trump Trade War Faces Domestic Pressure from US Business A letter signed by over 600 businesses was sent to the White House protesting the President’s approach to the US-China trade war, urging him to end the economic conflict.   AUDUSD & Nasdaq 100 Price Outlook: Huawei Offers Opportunity Huawei’s blacklisting saw an immediate adverse market reaction, but as the dust settles, Huawei will begin to feel further pressure – as will its US suppliers.   AUD/JPY technical analysis: Multiple resistance-lines to limit latest recovery Even if…

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Heads-up News 

Sydney Trading Session Heads Up Thursday, June 13, 2019

Sydney opening news digest Best Interest: Really? In a party line 3-1 vote on Reg BI the SEC proved once again that the Broker-Dealer industry has the best government money can buy. They can continue to misrepresent their obligation to provide unbiased advice, call themselves fiduciary advisors when in fact they are commissioned sales people.   The Best, And Worst, 10%+ Yields Today Most dividend investors love the idea of 10%+ yields. It sure makes retirement easy! But this strategy is a bit more complicated than it might seem ……

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AUD News Reviews 

AUD Daily Review June 13, 2019

AUD Daily Review for June 13, 2019 AUD/USD clings to 0.6930, all eyes on monthly employment report Aussie traders gave little importance to welcome CPI figures from China amid global risk-off ahead of monthly employment data.   Lackluster Australia Employment Report to Keep AUDUSD Under Pressure A 16.0K expansion in Australia Employment may offer little relief to the recent decline in AUDUSD as the RBA appears to be on track to implement lower interest rates.   AUD/NZD technical analysis: 1.0500 becomes the key support confluence Although higher than expected Aussie…

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Crypto News Reviews 

Bitcoin News Digest Thursday, June 13, 2019

Bakkt Names Launch Date for Bitcoin Futures Testing Executives compared the launch to the 1969 moon landing after Bakkt faced multiple delays due to compliance issues.   Bitcoin Startup Bitrefill Raises $2 Million Funding for Global Expansion The veteran bitcoin startup Bitrefill, which offers cryptocurrency gift cards for mainstream brands and lightning-enabled payment services, plans to e   Researchers: bitcoin’s carbon footprint equal to Las Vegas BERLIN (AP) — Researchers calculate that the electricity required for the virtual currency bitcoin generates as much carbon dioxide as a city like Las…

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News Regulators Reviews 

Policy Daily Review June 13, 2019

Policy Daily Review for June 13, 2019 UK Leadership Contest Timeline: Who Will be the Next UK Prime Minister? UK Leadership Contest Timeline: Who Will be the Next UK Prime Minister?   ECB’s Coeure: APP has remained a considerable source of financial easing “There is convincing evidence that supports the view that the app has remained a considerable source of financial easing also after the end of net pur   Google CEO Sundar Pichai sent an email to LGBTQ employees saying YouTube was taking a ‘hard look’ at its harassment…

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