Forex_SCALP_VIP

Forex_SCALP_VIP

In the view of Economist Lee Sue Ann and Market Strategist Quek Ser Leang at UOB Group, EUR/USD now appears to have moved into a consolidation phase. Next 1-3 weeks: Yesterday (September 11, spot rate at 1.0705), we noticed that “downward momentum has slowed down”. We maintain the view that while EUR may continue to weaken, the likelihood of it breaking clearly...

Forex_SCALP_VIP

Yesterday, the world gold price sometimes reached 1,930 USD/ounce when the USD depreciated compared to many other foreign currencies. The reason is said to be that the Governor of the Bank of Japan (BoJ) - Mr. Kazuo Ueda - announced that the BoJ has enough data to consider ending the negative interest rate policy by the end of 2023. As a result, investors...