News of the day, Tuesday, June 7
European shares slumped today as investors still worry about some depressing prospects of global economic growth this year. The pan-European STOXX 600 fell 0.4%.
The USD increased earlier today after a big rate hike in Australia. The Dollar index traded 0.2% lower today. …
Gold was unable to maintain the gains it made at the end of last week, as it approached the resistance 1870.00, then bounced lower, breaching several levels of support, and was able to break the main support 1845.00 and settled below it, thus opening the way for a bearish path …
The pound against the dollar failed to break the resistance level 1.2590 and rebounded to the downside towards the support level 1.2470 after it breached the support level represented by the moving average 20. To move the price within a sideways path in the medium term between the two levels …
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