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Chicago Business Barometer Unexpectedly Rises To Six-Year High In October

October 31, 2017 RTT - Forex Top Story 0

Growth in Chicago-area business activity unexpectedly accelerated in the month of October, according to a report released by MNI Indicators on Tuesday. MNI Indicators said its Chicago business barometer rose to 66.2 in October from 65.2 in September, w…

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Forex technical analysis: EURUSD going sideways. Overhead resistance is strong.

October 31, 2017 Greg Michalowski 0

Cracked lower below key levels last week. Corrective action so far this week.
Last week, the EURUSD cracked below:
All of that is bearish, bearish, bearish. Stay below that area is paramount for the bears to remain in control. A move above those levels…

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Scary charts: Halloween edition

October 31, 2017 Adam Button 0

Bloomberg asked economists what chart scared them and why
A collection of from Bloomberg is good food for thought ahead of tonight’s candy.
scary charts
Here’s what BlackRock CIO of global fixed income Rick Rieder had to say:
The post Scary charts: Ha…

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A snapshot of the strongest and weakest show GBP is the strongest. AUD is the weakest

October 31, 2017 Greg Michalowski 0

US dollar up mostly
As the US stock market gets ready to open, a snapshot of the strongest and weakest currencies is showing that the GBP is the strongest, while the AUD is the weakest.   The USD is higher with gains against all the major cur…

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