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eurusd

EURUSD Seesaws Around 1.10 After Mixed Eurozone GDP

EURUSD retreats from daily highs at 1.1015 after Eurozone Q3 GDP came in 0.2% as expected, while the yearly reading came in at 1.2%, topping forecasts of 1.1%. The Employment Change (QoQ) came in at 0.1%, below forecasts of 0.2% in 3Q while the  Employment Change yearly reading came in...

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EURGBP Hit New 6-Month Lows Ahead of UK Data

UK retail sales report for the month of October showed that consumer spending declined by 0.1%. The figure disappointed market forecasts which called for a 0.2% uptick. Core retail sales also printed a negative reading of 0.3% versus the consensus of 0.2% growth. Year-on-year, consumer spending is up by only...

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FTSE 100

Weak Retail Data Pressures FTSE 100

FTSE 100 started the session 0.38% lower at 7,323.1 despite stronger than expected GDP data from Germany while problems on trade negotiations on specifics about the agricultural purchases from China weigh on investors sentiment. President Trump said that China-US trade deal might happen soon and the phase one agreement is...

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disney

Dow Jones Flies to New Highs As Disney Soars

Despite risk aversion looming over yesterday’s trading, the Dow still managed to reach new record highs. The index reached 27,806.80 before it closed with a gain of 92.10 points at 27,783.59, up 0.33% from where it opened. The lack of clarity surrounding the US-China trade deal continued to make investors...

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BTCUSD - Bitcoin

Bitcoin Bears Target The 50-Day MA Support

Βitcoin - BTCUSD continues south for one more day as it gives up 1.19% today at $8,651.00 close to three-week lows as bulls are in control. Bitcoin formed a high around 9,935 after the last rally which started from positive news out of Chinese president. Bitcoin capitalisation now stands at...

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Market Brief: Asian Stocks, Aussie Down on Bad News

Asian stocks and commodity currencies begin Thursday’s trading in the bears’ territory as Chinese and Australian data disappointed forecasts. As of this writing, the Hang Seng Index is down over 0.70% to 26,365.92 while the Nikkei is over 170 points in the red at 23,141.55. The Australian dollar was the [...]