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UK Cabinet minister Michael Gove is now self-isolatingThis raises more complications to the the government and another challenge to work around during the interim ForexLive
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Paris tightens lockdown measures, to ban outside sports activity from 10 a.m. to 7 p.m.French authorities step up lockdown measures amid the current situation
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Spain daily coronavirus cases snap four-day decline as new cases climb over the past 24 hoursSpain daily coronavirus cases rise once again ForexLive Even from a percentage-wise, it isn't really good news but at least the case count is still...
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There is said to be no consensus between Russia and Saudi Arabia just yetRussian media, RIA Novosti, reports on the matter - All is to be decided on 9 April meeting day ForexLive This fits the tune with what is being...
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OPEC+ cuts on Thursday would depend on how much US, Canada, Brazil, others will propose - sourceReuters reports on the matter, citing an OPEC source - Baseline level for oil output cuts yet to be agreed - This is considering production of some...
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Russia confirms that it will take part in OPEC+ meeting on 9 AprilIFX reports, citing confirmation by a Russian energy ministry representative Oil is keeping higher by over 3% on the day, now near the $27 level:
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Japan PM Abe officially declares state of emergency in seven prefecturesJapanese prime minister, Shinzo Abe, makes the announcement Abe also adds that they will withdraw the order as soon as it is clear that people's...
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Germany RKI says that too soon to say whether coronavirus cases are easingRKI says that need to observe what will happen in the coming days to be sure ForexLive Again, the good news in Germany is that the curve is...
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Major European indices close the day with gains, but well off session highs
German Dax up 2.73%. France's CAC up 1.96%. UK's FTSE 100 up 2.0% The major European stock indices are closing the day with gains, but well off...
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USDJPY muddles along today. Trades above and below the 100 day MA
The "market" is looking for the next shove The USDJPY moved up to test the 50% retracement of the move down from the March 25 high...
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AUDUSD looks to test the high from last week and backs off
High from last week reached 0.6213. The AUDUSD has been pushing toward the swing hi from last week at 0.6213. The last 3 hourly bars has...
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USDCHF cracks below the 100 bar MAs. Buyers turned to sellers today.
The 100 hour and 100 day MAs were broken today, but work to do to take more control. The USDCHF was trending higher and above a downside trend line...
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GBPUSD stays in the up and down trading range, but swings higher in early NA trading.
Extends above the swing/MA area. The GBPUSD is remaining in an up and down trading range with a low at 1.2144 and a high at 1.2484. The low...
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EURUSD extend to new session highs and tests the first significant retracement target
The pair moves toward the 38.2% retracement target and 200 hour moving average The EURUSD has been trending higher in trading today...
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The AUD is the strongest and the USD is the weakest as NA traders enter for the day
Cable recovers The AUD is the strongest (the RBA kept rates unchanged as expected), and the USD is the weakest as the North American session...
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USD/CAD tests 1.4000 on softer dollar, higher oil prices
USD/CAD is down by 100 pips on the day to test the 1.4000 level ForexLive The pair fell to a low of 1.3993 on the session as the dollar continues...
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EUR/USD extends above key near-term level as dollar falls amid risk rally
EUR/USD starts to trade back above its 100-hour moving average ForexLive The dollar slump today is the main story in the currencies market, as the...
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Cable hits session high as dollar slumps further amid risk-on mood
GBP/USD is up by over 100 pips on the day ForexLive The dollar is continuing to weaken across the board and that is leading to cable running to hit...
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ECB announces package of collateral easing measuresAnnouncements from the ECB The backdooring of the United States of Europe continues. ForexLive
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Fed to provide $60 billion repo line to Indonesia's central bankBank of Indonesia governor, Perry Warjiyo, confirms The Indonesian central bank did say that they have no plan yet to use the funds from the repo...
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US Mnuchin: We have $6 trillion to put in the economyUS Treasury Secretary Steven Mnuchin said “there’s extraordinary demand,” on the small business coronavirus loan program....
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Japan Abe formally declare emergency, approved JPY 108T stimulusJapan Prime Minister Shinzo Abe finally declared state of emergency for seven prefectures today. The one-month emergency period starts today on...
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UK PM Johnson receives oxygen support in ICU, Raab deputizeUK Cabinet Office Minister Michael Gove told LBC radio today that Prime Minister Boris Johnson is “not on a ventilator no” in ICU....
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Dollar Selloff Extends as Stock Rebound Gathers MomentumGlobal stock market rebound continues today on optimism the world is finally seeing the coronavirus curve flattening. As US futures point to...
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Aussie Gained as RBA Hinted the Possibility of Easing the Pace of QEAs widely anticipated, RBA left the cash rate unchanged at 0.25% in April. This is following two emergency rate cuts (50 bps in total) a month...
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FX Sniper MT4 IndicatorIn the dynamic realm of forex trading, where split-second decisions can make or break a trade, having the right tools at your disposal is...
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Market Outlook for the Week of 25 - 29 SeptemberFollowing a bustling week with significant Central Bank decisions in the limelight, the upcoming week holds the potential for a quieter economic...