Tools for TradersTop Movers | Heat Map | Pivot Point | Pivot Meters | Action Bias | Volatility Charts Action InsightYen and Franc Stay Weak on Strong Risk Appetite, Euro Outperforms Dollar Japanese Yen and Swiss Franc remain the weakest ones for the week on strong global risk appetite. German DAX closed at new record of 13043.03 yesterday. That was followed by 160.16 pts rise in DOW to ... Taylor Rule, Taylor Rules? Lacking other exciting news, the market was thrilled by the media report that US President Donald Trump was impressed by Stanford University Economic John Taylor at the Fed Chair candidate interview. ... Technical OutlookEUR/CHF Daily Outlook Break of 1.1565 suggests that recovery from 1.1387 has resumed. Intraday bias in EUR/CHF is turned back to the upside for retesting 1.1622 high. At this point, we'd still expect resistance from there ... Suggested ReadingsRegional Update Post China GDP Research Japan: Abe Set For Another Term Despite Declining Public Support Gold Remains Pressured On Fed Anticipation, Risk Appetite WTI Oil Eases As Refineries Processed Less Crude China: Xi Jinping Lays Out Path of Further Reform and Opening Dollar Pulls Back as Trump Opposes Senate Healthcare Deal; Pound Down as Real Wages Disappoint Economic Data
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