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December 5, 2018

Stock Markets Awaiting Santa Claus Rally

The last days have been favorable for US stocks – indices have been rising for six days in a row, and the SP&500 index is now almost 7% higher than the last week’s lows. This is indeed a very strong movement towards a positive aspect. Stock prices rose on Wednesday after Fed ...

EUR/USD and USD/JPY Primed For More Losses

EUR/USD failed to recover above 1.1420 and declined recently. USD/JPY is currently correcting higher, but it could face resistance near the 113.20 level. Important Takeaways for EUR/USD and USD/JPY The Euro is currently under pressure below the 1.1350 support level. There was a break below a ...