The last few sessions in the markets have been breath taking, Just a few days ago on FRIDAY, HOPIUM rose and the markets became once again happy go lucky!. Despite the geo political arena getting
Truly an India Shining update, Moody Affirms India outlook as stable, downgrades world, bank stocks rallied last week, and market participants said rating agencies were irrelevant in the face of global chaos that is underway,
USDJPY last 77.60. Continued consolidation in USDJPY above 77.50 and below 77.80 for the past two trading sessions have failed to make any head way, to the upside, nor have provided any signal that a
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USDJPY last 77.67. Judging from the recent moment in this pair, it has been a strong momentum filled upward movement, that has failed to provide any dips for those, who missed to get in or
Last 77.23, testing key resistant which runs thru all the way from here upto 77.30, expected to give way, for a quick run up towards 77.58/77.70, eventually we should take out 78.30 within a week.
Last, 1.5833. A potential top could be in place in Cable with yesterdays high of 1.59+, cable seems over extended, Now 1.5860 Pivotal has to hold for another attempt to the downside. Key support is
Japan’s current-account surplus shrank at its fastest rate on record in 2011, as exports stumbled and energy prices soared, leading to the first shortfall in merchandise trade in decades, government data showed. The result was
USDJPY – 77.09 – The yen now looks like the funding currency, in light of yesterdays RBA move, weaker across the board with the US dollar, technically, testing above 76.80 puts 77.30 into focus, may
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