Germany's CDU member Jurgen Hardt, a key ally of Chancellor Angela Merkel, during an interview with Bloomberg this Tuesday, responded to the US President Donald Trump's accusations and said:
• Germany, Europe not manipulating the currency. • The US has it in its own hands to..
Philip Lowe, RBA Governor, is speaking at a breakfast meeting in Canberra but there have been no particular comments to monetary policy although Lowe does expect that the next move in rates will be up, not down.
The Taiwan stock market has moved higher in two straight sessions, although it has picked up just over 15 points or 0.1 percent in that span. The Taiwan Stock Exchange now rests just beneath the 10,700-point plateau and it may add to its winnings again on Tuesday.
· *USD/JPY main trend is getting damaged as USD/JPY broke below 110.10 swing low. *
· *USD/JPY is now facing a strong support level in the 109.91-97 area which is comprised of the 200 and 100-day simple moving average. Since USD/JPY has almost reached its average daily range, downside moves..
The United States no longer needs to conserve oil as domestic production increases have reduced the need for imports. As a result, the United States has been given “more flexibility than in the past to use our oil resources with less concern," the Associated Press reports, citing a memo from the..