Promising Data from China- Europe attends the ECBs QE

After two strong days in Tokyo, the Nikkei 225 Pauses its uptrend awaiting the ECB’s meeting tomorrow that the ECB Press Conference. In Parallel the central bank of Japan has increased its stimulus in the economy lowering the […]

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Scottish Referendum: Better together…till the end?

On Friday 5th September,  GBPUSD closed at around $1.63  and reopen at $1.615 with a big gap equivalent to 160 pips on the back of a voters favouring Scottish independence. As we can see from the chart, […]

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European Central Bank confirms ABS program following the recent rate cuts to new lows

Are passed just three months since the historical stimulus for the euro area has been announced. Now, from September 10, the rate on the main refinancing operation reached a new low of 0.05 percent. The […]

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XAU/USD: $1,245 support broken

The price of gold broke the support of $1,245 during the Asian session last week and the price per ounce touched its minimum of $1,225, the metal’s lowest level since January. However the price rose […]

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