The yen and other safe-haven currencies were in demand on Monday, along with assets such as gold, as investors fretted that the killing of Iran’s most prominent military commander by the United States could trigger a broader Middle East conflict.
MCX Rates
USD/CNY consolidates around 6.9050 Mark, People’s Bank of China sets Yuan mid-point at 6.8822
We prefer to take short position on USD/CNY only below 6.8976, stop loss 6.92 and target of 6.8525.
It made intraday high at 6.9087 and low at 6.8976 levels.
NZ Dollar Falls as Aussie Consumer Sentiment Weakens
The New Zealand dollar fell, dragged lower with the Australian dollar on signs consumer sentiment is weakening across the Tasman.
GBPUSD Longs Favored Above 1.3050
GBPUSD bulls also took out descending channel resistance on the 25th of last month. I pointed out this new support area last Sunday.
USD Picture Stays Muddy After US Jobs Report
Gold Silver Reports (GSR) – The USD picture is clear as mud at the moment – with recent commodity dollar breakouts versus the greenback not seeing further progression today and USD/EM trade consolidating after their recent big run lower.
USDINR Report — Buy Between 70.50– 70.90 Target – 71.80 — 72.10
USDINR Report — Buy Between 70.50– 70.90 Stop Loss 70.20 Target – 71.80 — 72.10 Any Panic Buy and Relaxxxxxxxxx Technical Power of CFA’s(CHARTRED FINANCE ANALYST)“No Magic, No Miracle, Just Power of Level”Neal Bhai Reports (NBR) By CFA’s and MFA’s Technical TeamMobile No. 9582247600 & 9899900589
Forex Tips – EUR/USD BUY CMP 1.15440 and Sleep Jackpot of the Year 2019, Buy Any Where Just Need Patience
Forex Tips – EUR/USD BUY CMP 1.15440 and Sleep Jackpot of the Year 2019, Buy Any Where Just Need Patience — Neal Bhai Repors (INDIA)
EURO/USD Below 1.13050 Sell on Rise or Wait Till Fed Meeting 18 Dec 2018 you will see Victoria Fall, Think What will Happen Comex Gold and Crude??
EURO/USD Below 1.13050 Sell on Rise or Wait Till Fed Meeting 18 Dec 2018 you will see Victoria Fall, Think What will Happen Comex Gold and Crude??
Yen Exerts Safe-Haven Pulling Power Amid Brexit, Italian Budget Worries
The Japanese yen, a safe haven in uncertain times, firmed against the dollar on Tuesday, as the euro and sterling suffered due to doubts over Italy’s budget spending and over British Prime Minister Theresa May’s future with Brexit talks stalled.