Forex Daily Forecast – 03 July 2019

EURUSD INTRADAY : Probable Downside Preferred Trade: Sell Below 1.1268 Expected Target 1.1228 Alternate Scenario: Buy Above 1.1308 Expected Target 1.1348 Events: German Services PMI (Jun) release on 13:25 GMT by European Union Crude Oil Inventories release on 20:00 GMT by the US GBPUSD INTRADAY : Probable Downside Preferred Trade: Sell Below 1.2571 Expected Target 1.2531 Alternate Scenario: Buy Above 1.2611 ...

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U.S. Dollar Rose High Against Japanese Yen

U.S. Dollar Rose High Against Japanese Yen The U.S. Dollar rose high against Japanese Yen today encouraged by the hopes of Sino-U.S. trade talk progression even the investors were cautious about the meeting between leaders of the two powers in Japan. The greenback was little changed at 107.730 yen, having risen about 0.6% overnight to 107.850 yen. The dollar was …

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The US Dollar Increased Its Value

The US Dollar Increased Its Value The US Dollar increased its value today. Jerome Powell’s U.S. Federal Reserve chairman commented that the Central Bank is covered from political influences. The U.S. dollar index gained 0.2% to 95.808 by 12:25 AM ET (04:25 GMT). Yesterday Powell also said that “The Fed is insulated from short-term political pressures – what is often …

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Mexican Peso Increased its value Against Dollar Today

Mexican Peso Increased its value Against Dollar Today Mexican peso increased its value against Dollar today after the United States and Mexico bang a migration deal late last week to avoid tariff war providing some relaxation to the broken market sentiment. Due to the trade dispute between the U.S. and its trading partners also including the clash with China has …

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The Mexican Peso Value Dropped Today

The Mexican Peso Value Dropped Today The Mexican Peso value dropped today in Asian Market since there was no progress in the latest discussion held between U.S. and Mexican Officials. Trump’s statement increased the possibility that the U.S. will implement the announced tariffs form next week. Yesterday Trump tweeted “If no agreement is reached, Tariffs at the 5% level will …

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