Filtered by date: 06.08.2019. Clear
  • US labels China as a currency manipulator. But what does it really mean for China?

    The US Treasury Department’s clock is ticking as China finally reached its limit after the currency of the second largest economy “so easily fell into the abyss” on Monday.

  • RBA Keeps Rate On Hold But Cuts Growth Forecasts

    Rates Remain At Record Lows At its August meeting, held overnight, the RBA bucked expectations for further easing by keeping rates on hold, at record lows of 1%. Following reductions at both the June and July meetings, the market had anticipated a pause. However, traders are still looking for further cuts this year, with current […]

  • The IndeX Files 06-08-19

    We’re back again with the next episode of the The IndeX Files 06-08-19! Trade War Concerns Explode It’s been a volatile time for the equities market over recent sessions. The market was rocked late last week by President Trump’s announcement of fresh tariffs on Chinese goods. US and Chinese delegates had been meeting in Shanghai to […]

  • EURJPY potential reversal!

    EURJPY expected to rise up to 1st resistance at 120.126 where it could potentially react off and drop down to 1st support at 118.922. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • DXY bounced from support, potential for a further rise!

    DXY bounced off its support at 97.01 where it could potentially rise further to 98.20. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • USDJPY bounced from support, potential for a further rise!

    USDJPY bounced off its support at 105.830 where it could potentially rise further to 107.249. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • USDCHF bounced from support, potential for a further rise!

    USDCHF bounced off its support at 0.96916 where it could potentially rise further to 0.98071. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • Summary

    USDJPY bouncing nicely from support.