The Euro may be readying to resume the down trend started in late August against the British Pound after a corrective upswing stalled ahead of the 0.90 figure. A pair of bearish candlestick patterns has emerged and negative RSI divergence bolsters the case for a downside scenario. Near-term support is at 0.8891 (14.6% Fibonacci expansion, former trend line resistance), with a daily close below that opening the door for a retest of the ...
On the afternoon that Rolling Stone catches up with Stereophonics leader Kelly Jones, he's already had a full, and rather upsetting, day. The 43-year-old singer and guitarist is calling from his home in the Parsons Green district of London, where, just a few hours earlier, an explosion on a train at his local tube station injured several people. "I've got three daughters, and I dropped the oldest one, who's 12, at the tube," he says. "And she went off on the train and then 10 minutes later I come ...
Trading the News: U.S. Consumer Price Index (CPI) An uptick in both the headline and core U.S. Consumer Price Index (CPI) may undermine the near-term rebound in EUR/USD as it encourages the Federal Open Market Committee (FOMC) to implement higher borrowing-costs over the coming months. The U.S. Consumer Price Index (CPI) climbed to an annualized 1.9% in August from 1.7% the month prior, while the core rate of inflation held ...
Japan's Nintendo reached an agreement with China's Tencent to launch Tencent's popular game "Arena of Valor" on Nintendo's Switch this winter. "Arena of Valor", with the Chinese name "Wang Zhe Rong Yao", is the English name used for the European edition of the game and Tencent plans to continue to use this name for its American edition soon to be launched. Nintendo has been longing to expand in the Chinese market and is actively ...
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