EUR Firms As Traders Eye Tighter ECB Policy
The euro finds itself higher across the board. The EUR/USD has risen above the 1.0800 handle again, the EUR/GBP to 0.8650 and the EUR/JPY was back at 120.00 at the time of writing.
Strategies
EURUSD Daily Analysis – March 24, 2017
EURUSD remains in uptrend from 1.0494, the fall from 1.0824 is likely consolidation of the uptrend.
GBPUSD Daily Analysis – March 24, 2017
GBPUSD’s upward movement from 1.2109 extended to as high as 1.2531.
Alibaba To Set Up e-Commerce Hub In Malaysia
China’s e-commerce giant Alibaba group on Wednesday announced a plan to set up an e-commerce hub in Malaysia encompassing logistics, cloud-computing and e-financial service to boost trade and e-commerce in the region.
AUDUSD Forecast March 23, 2017, Technical Analysis
The AUD/USD pair fell initially during the course of the session on Wednesday, but turned around to form a nice-looking hammer.
EURUSD Forecast March 23, 2017, Technical Analysis
The EURUSD pair fell initially during the day on Wednesday but found enough support just below the 1.08 level to turn things around and form a hammer.
Apple CEO Cook In Town To Entice Mobile APP Developers
Apple Inc is making a big push to attract mobile application developers in China, as it attempts to create new momentum in the key market. CEO Tim Cook on Tuesday visited the headquarters of bike-sharing service provider ofo Inc in Beijing, accompanied by ofo’s CEO Dai Wei.
GBPUSD Daily Analysis – March 22, 2017
GBPUSD continued its upward movement from 1.2109 and the rise extended to as high as 1.2494.
AUDUSD Daily Analysis – March 22, 2017
AUDUSD stays above 0.7663 support and remains in uptrend from 0.7490.
China Consumer Spending Set To Power Future Growth
The free-spending younger generation is fueling China’s transition from an export-led economy to one driven by domestic consumption.