News of the day, Wednesday, June 1
European stocks increased today despite worries about the region’s economic growth concerns. The DAX of Germany traded 0.6% higher, the CAC 40 in France increased by 0.4%, and the U.K.’s FTSE 100 edged 0.2%.
The USD edged higher today driven by the Treasury …
Gold succeeded in breaking the support level of 1845.00 and reached the next target at the value of 1835.00, thus opening the way for more decline and an attempt to reach the next target at the level of 1827.20. Thus, gold ends the sideways path that it has been moving …
The pound against the dollar continues to move sideways around the support level 1.2590, as it tried yesterday to breach it but failed to do so, to continue moving around this level. This is under pressure from the moving averages that form the initial borders of the price movement, as …
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