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Day: October 8, 2018

China Markets and Yuan Revive Trade War Fears, Italy Inflames Europe

October 09, 2018 at 12:15AM The fear in bond yields’ surge this past week has cooled, but concern over China and Italy have readily filled in the sentiment gap. Continue Reading… From: […]

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Yuan Slid after China Cut Reserve Requirement, Eyes on PBOC Next

October 08, 2018 at 09:32PM The USD/CNH broke above 6.90 after PBOC announced a RRR cut. The regulator’s guidance will continue to weigh on the pair. Continue Reading… From: Renee Mu https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/china_news/2018/10/08/Yuan-Slid-after-China-Cut-Reserve-Requirement-Eyes-on-PBOC-Next.html […]

Ripple (XRP) Price Stuck in a Short-Term Downtrend

October 08, 2018 at 10:21AM Ripple remains constrained in a short-term downtrend and may have further to fall before support appears. Continue Reading… From: Nick Cawley https://www.dailyfx.com/forex/market_alert/2018/10/08/Ripple-XRP-Price-Stuck-in-a-Short-Term-Downtrend.html Selected by fonecable.com

Canadian Dollar Echoes Crude Oil Price Fall, Pound Backtracking

October 08, 2018 at 07:30AM The Canadian Dollar fell alongside retreating crude oil prices while the British Pound backtracked following explosive Brexit-linked gains last week. Continue Reading… From: Ilya Spivak https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/euro_open/2018/10/08/Canadian-Dollar-Echoes-Crude-Oil-Price-Fall-Pound-Backtracking.html Selected […]