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EUR/USD unlocks 1.12 again & tumbles to 1-month low

EUR/USD lost ground in the previous couple of weeks but is still holding above the 21-month low of 1.1175. The world’s most traded pair has been developing within a downward aligned channel over the last three months and recorded a new…

Struggling euro shifts focus to flash Eurozone CPI

While the Brexit drama continues to keep investors busy in Europe, holding the euro and the pound in check, the Eurozone preliminary inflation readings for the month of March are expected to steal attention on Monday at 9:00 GMT. Consensus…

Forex » The Week Ahead from March 31 to April 5

Bond markets will remain on edge in the coming week as the Reserve Bank of Australia could become the next central bank to switch to a dovish stance and possibly amplify the flight to safety, which has sent sovereign bond yields plummeting.…

Meet with XM at Investing Napoli in Italy

On 29th March XM returns to Italy to participate at the financial exhibition Investing Napoli in the city of Naples. Similarly to all previous trade fairs that XM has attended in Italy, where introducing XM range of services and products…

Meet XM at Invest Trade Fair in Stuttgart Germany

On 5th and 6th April XM will be in Germany again to attend the largest finance and banking related event in Germany, Invest Trade Fair and Congress for Finance and Investment. XM would be honoured to have the opportunity to meet again with…

USD/JPY surrounded by negative vibes in short term

USD/JPY is declining for the second day after a failing attempt on Tuesday to recover above the 61.8% Fibonacci of the downleg from 114.54 to 104.64 and the January uptrend line. Technically, the bearish sentiment could grow further in the…

EUR/JPY loses ground below 125.00

EUR/JPY is trading slightly lower in the 4-hour chart on Wednesday after finding resistance at the 125.00 psychological level, which is currently near the upper Bollinger Band. Moreover, the pair is trading below the 20- and 40-simple…