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AUDUSD: Bulls Next Target 0.6857

AUDUSD trades 0.07% higher for the third consecutive trading session at 0.6829, as the pair made yesterday a convincing break above the descending trendline which started back in July 2019 and above the 50-day moving average. Investors cheered the Brexit agreement and phase one of the trade deal between US [...]

Forex Focus on Brexit and Central Bankers

Brexit will be on the spotlight for one more day as we have a light European calendar which includes only Eurozone August current account balance at 8:00GMT. Oil traders will focus on Baker Hughes US Oil Rig Count due at 19:00GMT. On the other hand we have a busy central [...]
netflix investingcube

Netflix (NFLX) at Two-Month High on Solid 3Q Results

Shares of Netflix rallied early Thursday, adding over 5% to $300.53 following the 3Q earnings release yesterday after the closing bell. Netflix Inc. (NFLX) reported yesterday 3Q results that pleased investors. The results were solid on top-line while the bottom line was impressive. The company reported a profit of $665.2 [...]
oil prices

Crude Oil Price Pressures Persist on Weak Fundamentals

WTI Crude oil prices are trading 0.71% lower today at $52.98 per barrel, as oil prices search for equilibrium after the dismal macro data from the US that increased investors fears about global slowdown. IMF cut it’s global economic growth to 3% the lowest growth rate since the financial crisis [...]

FTSE 100 Cautious Higher on Brexit Agreement

FTSE 100 trades 0.58% higher at 7,209.18 on rumours that Brexit deal have been reached. EU’s Juncker said that there is a Brexit deal and GBPUSD jumped to fresh five-month highs at 1.2988. Meanwhile, the Democratic Unionist Party (DUP) reiterated its position that it has reservations about the Brexit deal. [...]

GBPJPY Off Daily Highs After DUP Objects to Brexit Deal

The GBPJPY experienced an initial surge earlier today on reports that a Brexit deal had been agreed by negotiating parties. However, the pair has begun to trade off its daily highs after the Democratic Unionist Party (DUP) expressed reservations a short while ago about the new Brexit deal. The GBPJPY [...]

EURGBP at Five-Month Lows on Brexit Deal Agreement

EURGBP trading 0.40% lower at 0.8591 making fresh five-month lows on rumours that Brexit deal have been reached. EU’s Juncker said that there is a Brexit deal and GBPUSD jumped to fresh month highs at 1.2988.  Meanwhile, DUP reiterated its position from earlier today that it has reservations about the [...]