8淡定8

Analysts at Citibank consider the US Dollar Index (DXY) will drop over the next months. Their 3-month target for DXY is 98.84 at for 6-12 month at 95.41. Key Quotes: “The large levels of USD liquidity injections has stalled the upward momentum in the currency, at a time where the bullish factors f

AUD/JPY faces rejection at familiar resistance of 70.17.  JPY draws bids as S&P 500 futures decline on trade jitters.  China's PPI is forecasted to have declined at a faster pace in April. The selling interest in AUD/JPY is gathering steam with the pair currently trading in the red around 65

Stocks opened slightly lower this morning and were choppy all morning. But a lunch time rally helped erase morning losses. The rally pushed the major indices into positive territory, but a dip in the last half hour left stocks mixed. But while the S&P was flat and the DOW ended negative, the

ASIA: China on Monday threatened to retaliate against a US rule tightening visa restrictions on Chinese journalists in an escalating row after Beijing expelled more than a dozen American reporters. Citing China’s treatment of the reporters, the US Homeland Security Department issued new regulations

AUD/JPY bounces off to again confront monthly horizontal resistance. March high could satisfy buyers above the recent tops. 200-bar SMA offers near-term strong downside support. AUD/JPY extends its pullback moves from 69.38 to 69.88 amid the initial Asian session on Tuesday. In doing so, the pai

Goldman Sachs recently came out with its analysis on the leading US equity benchmark, S&P 500. While the bank anticipates the equity gauge to rise further towards 3,000 by the year-end, it also expects a near 20% declines to around 2,400 in the three-months to come. Some of the risks cited in t

WTI extends recovery gains as the US dollar weakness helps the commodities. Efforts are being made between the US and Saudi Arabia to maintain oil prices. The US stockpiles also registered draw. Two rockets fired on the US embassy in Baghdad. With the US dollar weakness joining hands with the price

In 2020, “I am A Trader” The International Professional League S6 is about to kick off. This contest is jointly sponsored by the Followme Social Trading Network and FX168 Finance Group. The contest will attract traders from more than 2,000 brokers all over the world. It only takes 5 seconds to sign