Forex — Dollar edges higher as markets digest weekend events

Dollar gains some ground after New Zealand, German elections — The dollar edged higher against other majors currencies on Monday, as markets were recovering from the weekend’s elections in Germany and New Zealand, while concerns over tensions between the U.S. and North Korea seemed to subside. EUR/USD fell 0.24% to 1.1927 as Germany’s federal […]

Technical analysis of EUR/USD for Sept 25, 2017

When the European market opens, some Economic Data will be released, such as German Ifo Business Climate. But today, the US will not release any Economic Data, so, amid the reports, EUR/USD will move in a low volatility during this day. TODAY’S TECHNICAL LEVEL: Breakout BUY Level: 1.1984. Strong Resistance:1.1977. Original Resistance: 1.1965. Inner Sell […]

Nikkei 225 closes up 0.5% at 20,397.58

Positive equity tones as USDJPY remains underpinned 25 Sept high 20454.25 low 20367.03 Topix +0.49% at 1672.82 USDJPY 112.16 near session lows Demand into 112.00 and 111.80. Offers/res expected 112.30 then 112.50 In Australia the S&P/ASX200 closed up -0.01% at

Japan’s Abe says he will seek a JPY 2trln economic package

Japanese PM Abe with widely touted announcement 25 Sept orders package by year-end will make use of revenues from sales tax increase scheduled for Oct 2019 economy minister Motegi to be in charge of package 3 years to 2020 will be period of intense investment package to focus on subsidising education, child care costs and encouraging […]