ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 16, 2019. See details below: FOREX The Pound is down, almost 0.4% against the U.S. dollar. Sterling weakness is justified by the increasing likelihood of a no deal Brexit. Both candidates to be the next UK Prime Minister voiced their…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 15, 2019. See details below: FOREX The Turkish Lira is under the spotlight, following this weekend’s downgrading of the country’s credit rating by Fitch. Basing its decision on the deterioration of institutional democracy and the loss of credibility of economic…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 12, 2019. See details below: FOREX The US Dollar continues to record losses against other major currencies, as the momentum started earlier in the week keeps the greenback under selling pressure. Following much better than expected US employment figures, the…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 11, 2019. See details below: FOREX The US Dollar is under pressure, following Jerome Powell’s testimony to the congress, which started yesterday. The Chairman of the Fed said, in a pre-written statement, that there are challenges to the growth of…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 10, 2019. See details below: FOREX The US Dollar Index is trading flat on Wednesday, hovering just above 97.00, as investors await the testimony of the Federal Reserve’s chairman, Jerome Powell, to the Financial Services committee of the US congress.…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 9, 2019. See details below: FOREX/BREXIT The Pound touched year lows against the Dollar on Tuesday, trading below $1.2490. Sterling’s fall is explained by ongoing Brexit uncertainty and a slow down in economic activity. Construction and manufacturing activity contracted in…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 5, 2019. See details below: GOLD Investors are all focused on the NFP figures expected in a couple of hours from the U.S. and gold, currently traded at $1,410/1,420, is showing little volatility. From a technical point of view, we…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 4, 2019. See details below: GOLD After a new rally yesterday, gold is declining but holding well above the support level of $1,400. Investors are waiting for NFP figures from the US and are trying to understand how this data…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 3, 2019. See details below: EUROPEAN SHARES European shares are extending yesterday’s gains despite a mixed trading session in Asia overnight and while U.S. Futures point to a steady open ahead of 4th of July bank holiday. Market sentiment is…
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ActivTrades’ Market Analysts have prepared for Leaprate their daily commentary on traditional markets for July 2, 2019. See details below: FOREX Currently trading just above $1.26, the British Pound is losing ground against all major currencies, as the effects of Brexit-driven economic uncertainty and a slowdown in internal demand and exports, start to be felt.…
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