GBP News Reviews 

GBP Daily Review January 18, 2019

GBP Daily Review for January 18, 2019 EURGBP Price: Close to Support, Rally Now Possible The EURGBP cross remains in a downward trend but is well placed to rally after touching its lowest level since late November last year.   GBP/USD Price Outlook: Pound Testing Key Resistance Amid Brexit Talks Cable is up 1.6% YTD with price testing major trend resistance as Brexit talks break down. Here are the targets & invalidation levels that matter   GBPCHF Price Chart: Potential for Break to the Upside GBPCHF has been rising steadily…

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Heads-up News 

London Trading Session Heads Up Friday, January 18, 2019

London opening news digest US Dollar May Rise as Data Shows Consumers’ Mood Has Darkened The US Dollar may rise, finding support in haven demand as data from the University of Michigan shows consumers’ mood darkened in January.   Will NOK Find Lifeline in New Norway Government? Will NOK’s projected downward movement in 2019 be reduced by the newly established conservative majority government in Norway?   Can Crude Oil Prices Keep Rising as China Slows? Brexit, ECB Eyed Crude oil price gains slowed despite OPEC output cuts. The commodity is…

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EUR News Reviews 

EUR Daily Review January 18, 2019

EUR Daily Review for January 18, 2019 European, US Stocks Brace as S&P 500 Futures Weaken in Asia Trade Nikkei 225 declines seemed to capture most of the pessimistic mood in markets following the charges against Huawei. S&P 500 futures decline, hinting more FX   EUR/USD tumbles to session lows near 1.1370 Price action around EUR/USD remains flat in the second half of the week near the 1.1400 mark along with the prevailing sentiment in the FX universe.   EUR/USD: Easing lower, neutralising near term – Commerzbank According to Karen…

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Heads-up News 

Frankfurt Trading Session Heads Up Friday, January 18, 2019

Frankfurt opening news digest Netflix Continues To Grow, Thanks To Smart Algorithms And Human Creativity Investors may be disappointed by the latest earnings announcement. But Netflix will keep inventing the future. Here’s why Netflix’s subscriber growth will continue to be powered by its unique blend of smart algorithms and human creativity.   Gold Prices Unable to Capitalize on US Dollar Pullback Gold prices are struggling for direction as the US Dollar shows itself to be the more explicit risk-off asset, trading inversely of Treasury bond yields.   SEK Traders Now…

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JPY News Reviews 

JPY Daily Review January 18, 2019

JPY Daily Review for January 18, 2019 USD/JPY Technical Analysis: Off lows, eyes two-week highs above 109.20 The USD/JPY pair risks printing two-week highs above 109.20, as the recovery from the session low of 108.83 to 109.00 reinforces the bullish view put   Yen, US Dollar Rise as Market Mood Sours Despite China Stimulus The anti-risk Japanese Yen and US Dollar rose as a burst of monetary stimulus from China failed to allay global slowdown fears. More of the   USD/JPY Technical Analysis: Greenback hits 109.40 as WSJ reports US…

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Heads-up News 

Tokyo Trading Session Heads Up Thursday, January 17, 2019

Tokyo opening news digest The Fed “Put” and the Return of BTD (“Buy The Dip”) The Fed’s about face on tightening is bringing back BTD (“Buy The Dip”). As always, the market is likely to test this resolve.   Netflix Misses on Q4 Earnings, Shares Slump but Lack Familiar Volatility Shares of the media streaming and production company Netflix traded lower after a near-miss on fourth quarter earnings. Despite the miss, Netflix’s volatility was muted.   NZD/USD: Testing the 21-D SMA and 25th Nov pivotal low NZD/USD dropped from a…

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AUD News Reviews 

AUD Daily Review January 17, 2019

AUD Daily Review for January 17, 2019 AUD/USD hits one-week low as S&P 500 futures drop The AUD/USD pair is currently trading at 0.7169, having clocked a low of 0.7158 soon before press time; a level last seen on Jan. 10. The Australian   IOSCO Recomends Best Practices For Auditors IOSCO, the global standard setter for securities regulation, published important guidance based on good practices for audit committees of listed companies in supporting external audit quality. High-quality audits are essential to give confidence to investors that they can rely on…

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Heads-up News 

Sydney Trading Session Heads Up Thursday, January 17, 2019

Sydney opening news digest Will Delivery Sales Constitute A New Source Of Revenue For McDonald’s By 2021? McDonald’s (NYSE:MCD) reported a strong quarter Q3 beating consensus expectations, with revenues at $5.37 billion and earnings at $2.10 per share. Global comparable sales increased by 4.2%. The company’s long-term goal is for 95% of McDonald’s restaurants to be owned by franchisees and this is…   Everything Not Zen: Finding Return Opportunities Amidst Renewed Market Volatility – Part II If the stock market’s recent volatility has made you optimistic about the future of…

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Crypto News Reviews 

Bitcoin News Digest Thursday, January 17, 2019

Bitcoin prices steady, holding inside medium-term range Cryptocurrency prices are trading sideways on Thursday, in what has been a quiet start to the day for the digital currency market.   Bitcoin theft victim sues AT&T for $224M after SIM-swap bungle The victim of a debilitating cryptocurrency hack is now suing AT&T for $224M, citing gross negligence that led to having his SIM swapped.   MIT, Stanford Academics Design Cryptocurrency to Better Bitcoin Professors from seven U.S. colleges including the Massachusetts Institute of Technology, Stanford University and University of California, Berkeley…

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News Regulators Reviews 

Policy Daily Review January 17, 2019

Policy Daily Review for January 17, 2019 Government Shutdown Will Barely Lower The Economic Forecast For 2019 The effect of the government shutdown will be small, not enough to overwhelm the national economy. The impact on particular people and particular businesses may be substantial, but not the impact on the country as a whole.   The government shutdown is making life even harder for farmers already struggling from Trump’s trade war | Markets Insider About a fourth of the government has been shut down since late December, making it the…

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