China June Inflation Forecast At 1.9%
China’s (FXI, quote) Consumer Price Index (CPI) in June is likely to increase 1.9 percent year on year, slightly less than the 2 percent recorded in May, according to an industry report.
Currencies
GBPUSD Forecast June 29, 2016, Technical Analysis
The GBPUSD pair rose slightly during the course of the session on Tuesday, but did get back some of the gains.
EURUSD Forecast June 29, 2016, Technical Analysis
The EURUSD pair rallied initially during the day on Tuesday, filling the gap from Monday.
AUDUSD Forecast June 29, 2016, Technical Analysis
The Australian dollar initially bounced against the US dollar during the day on Tuesday, but gave back most the gains in order to form a bit of a shooting star.
Nigel Farage Booed And Jeered
UKIP leader and MEP, Nigel Farage, addressed the European Parliament, but his colleagues were not happy to see him.
GBPUSD Forecast June 28, 2016, Technical Analysis
The GBPUSD pair gapped lower at the open on Monday as anticipated, and as a result we continue to see selling pressure.
EURUSD Forecast June 28, 2016, Technical Analysis
The EURUSD pair gapped lower at the open on Monday, and bounced off of the 1.10 level during the day.
AUDUSD Forecast June 28, 2016, Technical Analysis
The AUDUSD pair gapped lower at the open on Monday, and then broke down.
AUDUSD Support Turned Resistance June 27 2016
AUDUSD tested the .7650 minor psychological resistance before selling off sharply last week and a look at the daily time frame shows that this resistance is a long-term area of interest.
McDonald’s Gets Bids For China Store Sales
McDonald’s Corp has received more than half a dozen bids for its planned sale of Chinese mainland and Hong Kong stores, including offers from Beijing Tourism Group, Sanpower Group and China National Chemical Corporation in a deal worth about $3 billion, people familiar with the matter said.