Filtered by date: 27.08.2019. Clear
  • Weidmann Urges to put off Stimulus, let Lagarde Decide on a new Policy Course

    The head of the Bundesbank, Jens Weidmann, said on Tuesday that the ECB did not have to rush to resume easing, as in the current position it would be erroneous to “act for the sake of action.” According to him, speculations about the rate cut in September is less and less consistent with the latest news from the economic front.

  • The IndeX Files 27-08-19

    Trump V China Its been an interesting start to the week for equities. Despite the quiet summer trading conditions, developments at the G7 meetings over the weekend, concluding yesterday, have yielded important outcomes. On Friday, markets were shunted lower as China announced that it will proceed with tariffs of as much as 10% on $75 […]

  • July ECB Minutes Boost September Easing Calls

    ECB Minutes Highlight Dovish Risks The release of the ECB July meeting minutes has increased expectations that the central bank will announce fresh easing measures when it meets next in September. The minutes revealed that policymakers’ discussions around the outlook for growth and inflation in the eurozone had become more pessimistic. Regarding growth, the minute […]

  • USDCHF potential reversal!

    USDCHF expected to rise up to 1st resistance at 0.98186 where it could potentially react off and drop down to 1st support at 0.97126. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • DXY reversed from resistance, potential drop!

    DXY reversed off its resistance at 98.08 where it could potentially drop further to 97.27. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • Summary

    USDCHF reacted off resistance perfectly, dropping to our support target.