Month: December 2019

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Consumer confidence in US continued to deteriorate in December. US Dollar Index stays below 96.50 after uninspiring data. Consumer confidence in the US weakened slightly in December with the Conference Board’s Consumer Confidence Index falling to 126.5 from November’s revised reading of 126.8.  Further details of the publication showed that the Present Situation Index improved in
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The current AUDUSD structure shows a bullish combination consisting of primary waves Ⓦ -Ⓧ -and Ⓨ. Waves Ⓦ and Ⓧ seem fully completed, whereas wave Ⓨ is still under construction. The latter could be a standard zigzag pattern that consists of intermediate waves (A), (B) and (C). At the time of writing, the final part
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Kazakhstan President Nursultan Nazarbayev addresses attendees of the Newroz celebrations at EXPO … [+] 2017 in Astana on March 21, 2018. Anadolu Agency/Getty Images Global investors tend to group Kazakhstan along with Russia and the Commonwealth of Independent States (CIS), but its market fundamentals are markedly different and they appear to offer some interesting investment
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Number of traders net-short has decreased by 18.18% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI USD/JPY BEARISH 50.37% 49.63% 10.78% Daily 8.50% Weekly -12.48% Daily -18.18% Weekly -2.13% Daily -6.61% Weekly USD/JPY: Retail trader data shows 50.37% of traders are net-long with the ratio of
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