The US Dollar index was at risk of extending its downturn on yesterday’s rally in the Euro following the European...
PositionMarket Analyst (Writer)
JoinedAug 21, 2020, 10:11 BST
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Kevin George has over twelve years' experience in financial markets trading, which included stints in London and New York, trading equities and currencies. He has also traded in commodities, equities, futures and options. He has extensive technical-experience and combines this with a fundamental overview.
He has published for SeekingAlpha, where he runs his own subscriber newsletter and graduated with an MSc in finance in 2017.
The FTSE 100 is back testing the 6,000 level and data out from the U.K. economy should decide the fate of the index.
Yesterday also saw a negative close in the Dow Jones with a lower close of 400 points.
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Rolls Royce was back at the support levels near 210p as airlines gave the government an ultimatum for an alternative...
The US Dollar index has stalled at resistance after a six-day rally and there is potential for a resumption of the USD weakness that drove commodities higher in the summer.
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The S&P500 was looking to move higher at the U.S. open despite jobs data showing a slight increase in jobless claims. The weekly number to September 4th was 0.27% higher...
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The EURAUD pair was higher after the European Central Bank kept its stimulus plan unchanged. Speculation grew that the bank were unhappy with the two-year highs in the Euro.
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In my last EURGBP article, EURGBP Finds Support and Looks to Mount Another Rally, I didn’t expect to see the...
The DAX index has found near-term support and is seeking another leg higher through resistance. The sell-off last week has been short-lived and traders will be looking to the European Central Bank rate decision today for a catalyst.
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Lloyd’s banking group announced job cuts of 865 staff as cost-cutting in lenders continues. The job losses will be in...
The crude oil price was higher yesterday after a recent run of bearish days. Yesterday's gains were spurred by a bounce in stock markets, but also signs of tighter gasoline stocks in the weekly inventory release.
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The GBPCAD was 0.3% lower on the day after the Bank of Canada (BoC) held interest rates at the 0.25%...
Tesla shares were 20% lower yesterday after the stock failed to achieve a listing on the S&P500. Tech stocks are also reeling from the latest news regarding the Japanese investment firm Softbank. In an article last week I said that Tesla stocks, "could drop another 15-20%".
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