PBOC Acts | Treasury yield curve | Antipodeans Cheer | UK service PMI

PBOC governor assures to keep the currency stable. The US tariffs on Chinese goods to take an effect. People’s Bank of China assured the markets that the Central Bank would keep the currency stable and the governor of PBOC said on Tuesday that the central bank would closely monitor the fluctuations in the Forex market and would take action to …

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Ethereum Network Congested | 3D Blockchain Token | rTether Funds

Ethereum network is entering congestion which is affecting exchanges increasing the gas fee for withdrawals. The network had carried three times the capacity of Bitcoin transactions but this time there are a lot of pending transactions that are reducing the real capacity. The cost of transactions have increased to $0.66 and the reason seems to be a gas-guzzling smart contract …

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USD/JPY: Deadline for trade tariffs | GBP/USD: Treasury Markets-US Dollar offers safety

USD/JPY: US Dollar Strengthens, can expect a massive amount of High volatility The US dollar has strengthened yesterday bouncing from the downtrend line and has rallied a little during the trading session yesterday against the Japanese Yen bouncing from the 50 EMA on the hourly chart attempting to reach the ¥111 level. This would be a major turn of events …

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USD/JPY: ISM Manufacturing PMI Report | EUR/USD: Downside Pressure

USD/JPY: Assumed to move high if the ISM Manufacturing PMI Report is Favorable The USD/JPY currency pair is assumed to move higher if the ISM Manufacturing PMI report is favorable. The Japanese Yen is not reacting to the Bank of Japan’s Tankan Business Sentiment data which showed a slight fall in the Japanese manufacturers’ sentiment. The currency pair has been …

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USD/JPY, GBP/USD, EUR/USD and AUD/USD Weekly Price Forecast

USD/JPY- The US Dollar Recovers Again The US dollar recovered again during the week against the Japanese Yen, and it seems that the market is stuck in a sideways consolidation pattern, waiting for some kind of guidance. The US Dollar had been bullish against the Japanese Yen throughout the week, especially on Friday as the Europeans came up with an …

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Jpy: Retail Investors | Euro: EU leaders reach agreement on migration | AUD: Downside Risk

JPY: The popularity of USD rises among retail investors 40.6% of investors judged that USD is the most attractive among all the other major currencies, but only 8.8% stated that USD was least attractive. It is found that USD is the most popular currency, JPY being the second and AUD following it. The Japanese investors focus on the major currencies …

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