EUR/CHF trades on the defensive below the 1.0800 mark
EUR/CHF loses momentum near the 1.0830 region on Tuesday.
The cross recedes from Monday’s multi-week tops in the 1.0835/40 band.
The Swiss franc stays underpinned by the current safe haven demand.
The now better tone around the Swiss franc has prompted EUR/CHF to give away part of Monday’s advance
Forex Today: Dollar rebound knocks off Gold from record highs, US stimulus talks eyed
Here is what you need to know on Tuesday, July 28:
The US dollar witnessed fresh signs of life on Tuesday, as it staged a solid comeback across its main competitors. The greenback retraced some of its previous declines, helped by the souring sentiment on the Asian equities.
Also, expectations that t
- William ambriz :hello
- Becky Kate :Interesting to see the greenback fighting back - but also hoping for the yellow metal to give another push upwards!
FCA Exposes Crypto and FX Scams, Including Trading 212 Clone
City watchdog has also blacklisted TD Global Finance, InterCryptos, and Money Sense Market
The Financial Conduct Authority (FCA) today issued several warnings to local investors highlighting unauthorized firms known to have been soliciting customers in the UK jurisdiction. The regulator also point
ASB on the NZD/USD fair value range
ASB note from earlier this week on the kiwi dollar
Citing their "short-term valuation model, NZD/USD 'fair value' is currently 0.6350-0.6750
ASB note:
'fundamentals' are not exerting any strong push or pull influence on the NZD/USD at present
This is likely contributing to the broader stasis in
Forex 101: The ultimate guide to forex trading in 2020
What you need to know about forex trading
What do you expect from forex trading? A lot of people will think "easy money" or "instant riches", but that's not the way it goes. Of course there is money to be made - but success is in no way guaranteed, nor does it happen overnight. To be a successful lo
A great market divergence: Traders break down the split in the S&P 500
The big just keep getting bigger and the small smaller.
So far this year, the five largest stocks on the S&P 500 –Apple, Microsoft, Alphabet, Facebook and Amazon — have rallied double digits, but just one of the 50 smallest S&P 500 is in positive territory.
“This is a very interesting debate
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