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The euro is facing strong resistance imposed by the 100-day SMA at 1.0624.
Sterling is moving lower against the dollar, dragged by fundamentals, such as disappointing February’s monthly manufacturing production.
The yen rose close the 110-psychological level in reaction to Trump's order to strike a Syrian airbase, which was used to launch deadly chemical weapons on civilians. Though, the exchange rate was pushed back to levels above the 110.50 level.
Gold also rose after US military actions in Syria. The level bolstered by the weekly R1, the upper Bollinger band and the monthly R1 a t 1.271/1.274 will likely be a decent level for this week’s close.
After reading Dukascopy’s morning press suggestions, two titles caught my attentions.
One stating that some of the US major bank’s CEOs are concerned with US growth and whether the Trump administration’s agenda will get through Congress. JP Morgan’s Dimon lamented that “it is clear that something is wrong”.
The other title is about Europe’s political scenario. Article’s author, John Lloyd remarkably stated something like (easily accessed through Commentary: There’s still hope for the established political parties of Europe):
Sterling is moving lower against the dollar, dragged by fundamentals, such as disappointing February’s monthly manufacturing production.
The yen rose close the 110-psychological level in reaction to Trump's order to strike a Syrian airbase, which was used to launch deadly chemical weapons on civilians. Though, the exchange rate was pushed back to levels above the 110.50 level.
Gold also rose after US military actions in Syria. The level bolstered by the weekly R1, the upper Bollinger band and the monthly R1 a t 1.271/1.274 will likely be a decent level for this week’s close.
After reading Dukascopy’s morning press suggestions, two titles caught my attentions.
One stating that some of the US major bank’s CEOs are concerned with US growth and whether the Trump administration’s agenda will get through Congress. JP Morgan’s Dimon lamented that “it is clear that something is wrong”.
The other title is about Europe’s political scenario. Article’s author, John Lloyd remarkably stated something like (easily accessed through Commentary: There’s still hope for the established political parties of Europe):
In Rome last week, EU leaders gathered to celebrate the 60th anniversary of the founding treaty and declared that “Our Union is undivided and indivisible”. It isn’t. It needs radical restructuring: had its members adopted such an approach last year, Brexit could have been avoided. Perhaps, in the course of Britain’s long withdrawing roar, some of that lesson will be learned.
