Tag: Downside

USDCAD moves to a key downside target

The USDCAD move down to test a key support area defined by the 38.2% retracement of the move up from the August low at 1.34995. Also in that area is swing lows and...

European equity close: France leads the way to the downside

<p>Closing changes:</p><ul><li>Stoxx 600 -0.6%</li><li>UK FTSE 100 +0.4%</li><li>German DAX -0.4%</li><li>French CAC -1.0%</li><li>Italy MIB -0.8%</li><li>Spain IBEX -0.9%</li></ul><p>Weekly:</p><ul><li></li><li>UK FTSE 100 +1.4%</li><li>German DAX +1.8%</li><li>French CAC +1.9%</li><li>Italy MIB +1.5%</li><li>Spain IBEX +1.8%</li></ul><p>This is the third consecutive week of gains...

USD/JPY extends further to the downside after the London fix as intervention hits

USD/JPY continues to fall in what's almost-assuredly intervention from the Japanese ministry of finance.The last time they intervened, they took USD/JPY from a high of 145.90 down to a low of 140.34. That...

Goldman Sachs bearish EUR/USD to year end: risks are probably still skewed to the downside

This via the folks at eFX. For bank trade ideas, check out eFX Plus. For a limited time, get a 7 day free trial, basic for $79 per month and premium at $109 per month. Get it here. Goldman Sachs...

IMF warns that financial stability risks ‘significantly skewed’ to the downside

IMF warns that property downturn in China has deepend with a heightened risk of spillovers to banking, corproate and local government sectorsGlobal stress tests shows up to 29% of emerging market banks would...

EURUSD bias remains to the downside

.So the price remains above the lower end of the swing area near 019733 but below the 50% midpoint at 0.97667. That tilt the bias still in favor of the sellers. For dollar...

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