Online direct sales companies face a bumpy road in transforming themselves into e-commerce platforms after a third-party merchant was caught selling fake lubricants on the site of China’s second-largest e-commerce company.
The AUDUSD pair went back and forth on the session for Wednesday, ultimately settling for a basically unchanged session.
The GBPUSD pair initially fell during the session on Wednesday, but as you can see we bounced yet again in order to form a hammer. This market simply looks like it does not want to fall, and as a result we feel that the buyers are certainly still in control even though the market has struggled to take off at this point.
Bank of China Ltd has denied media reports alleging it violated the nation’s capital controls by providing services that help clients convert unlimited amounts of yuan into other currencies and transfer those funds abroad.
The GBPUSD pair initially fell during the session on Wednesday, but as you can see we bounced yet again in order to form a hammer. This market simply looks like it does not want to fall, and as a result we feel that the buyers are certainly still in control even though the market has struggled to take off at this point.
The AUDUSD pair went back and forth on the session for Wednesday, ultimately settling for a basically unchanged session.
The EURUSD pair initially fell during the session on Wednesday, but ended up bouncing in order to form a fairly positive candle.
Australia’s economy Adds 15,900 jobs
The consumer price index (CPI), a main gauge of inflation, softened to a 2.3-percent year-on-year growth in June, triggering concerns of broader monetary policy easing as a whole-year outlook points to a soft inflation rate.
The EURUSD pair initially fell during the session on Tuesday, but found enough support below to turn things back around and form a hammer.
