Gains in the pair stalled ahead of the 1.18 handle, while the failure to close above resistance at 1.1775, allows for the pair test lower levels at 1.17, however, the rising trendline from Jan 2017 continues to offer support. Previous resistance at 1.1720 will be the next target on the upside with 1.1755, which marks the 23.6% Fibonacci retracement of the 2018 peak - 2018 low another level of interest on the upside. In the short term, EURUSD has softened, however, on the weekly timeframe, momentum ...
CHINA'S consumer inflation rose slightly faster in June amid higher food prices. The Consumer Price Index, a main gauge of inflation, rose 1.9 percent year on year in June, faster than the 1.8 percent annual growth in May, the National Bureau of Statistics said yesterday. On a monthly basis, the CPI dipped by 0.1 percent in June, and this dip was 0.1 percentage point slower from May. Sheng Guoqing, the bureau’s ...
Cryptocurrency exchange Binance has named Helen Hai, who is the goodwill ambassador of a UN agency, as the head of its new charitable foundation. Her appointment comes a day after Binance CEO and founder Changpeng Zhao pledged $1 million to help flood victims in Japan. Helen Hai tweeted, "A true pleasure to head Binance Blockchain Charity Foundation, the first to use Blockchain for Social Good more...
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