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Daily Forex Updates |
Mid-Day Report: Market Shocked by Brexit, UK Told to Leave ASAP The global financial markets are shocked by the surprised by the result of the EU referendum in UK, which showed 52% voted for "leaving" EU. FTSE dropped to as low as 5788.7 in initial trading before recovering to 6074 at the time of writing, losing -4.2%. DAX and CAC are (Published: Jun-24-2016) |
European Session: Orders and Options Watch EUR: Euro found support at 1.0912 and staged a strong rebound from there, suggesting consolidation above this level would be seen, offers at 1.1170 were filled but sell orders are still noted at 1.1190-00, 1.1230-40 and 1.1280, selling interest is tipped at 1.1300, 1.1350 and 1.1400. On the downside, bids (Published: Jun-24-2016) |
Daily Report: Britons Choose to Leave EU, Sterling Dives to Lowest since 1985 The global financial markets are rocked by the surprised result of the EU referendum in UK. At the time of writing, the "Leave" camp has already secured the 16.8m vote needed to win the referendum. GBP/USD took out 2009 low at 1.3503 to the lowest level since 1985. And the (Published: Jun-24-2016) |
US Session: Orders and Options Watch EUR: Euro extended intra-day rise to as high as 1.1421 before easing, offers at 1.1400 and 1.1420 were filled but sell orders are still noted at 1.1450, selling interest is tipped at 1.1480 and 1.1500 (sizeable). On the downside, bids are raised to 1.1350-60, 1.1320 and 1.1300, buy orders are (Published: Jun-23-2016) |
Mid-Day Report: Global Equities Rise as Brexit Vote Starts Global equities markets are trading higher today as 46.5m Britons start to vote in the EU referendum. The positive development in stocks suggests that trader are seeing a higher chance the UK will stay with EU after the referendum. Meanwhile, Sterling extends recent rise and takes commodity currencies higher. Yen (Published: Jun-23-2016) |
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