USD/JPY remains likely to fall. Estimated pivot point is at a level of 111.67. Main scenario: Consider short positions from corrections below the level of 111.67 with a target of 101.08 – 94.58. Alter
The medium-term gold outlook still seems favorable as the Fed, ECB and more keep rates around 0. Immediate event risk ahead includes the RBA and BoC interest rate decisions, US jobs data and Brexit
<ul><li>Prior €18.7 billion; revised to €18.8 billion</li></ul><p>The German trade surplus narrowed slightly in July as exports were seen down 0.9% on the month while imp
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