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   •  The pair showed some resilience below 200-hour SMA and regained positive traction on Friday, with bulls eyeing a move towards conquering the 111.00 mark amid US-China trade optimism.    •  Bullish oscillators on hourly/daily charts support prospects for an extension of the ongoing up-move, though traders are likely to wait for a sustained
According to the Research Team at Nordea Markets, the Russian ruble has been performing quite well since the beginning of the year but they warn that volatility is likely to return as sanctions risks come back in focus. Key Quotes:  “The RUB was enjoying, to the fullest, the general EM recovery fuelled by a softer
SEK TALKING POINTS – USD/SEK, RIKSBANK, MARTIN FLODEN, SWEDEN ECONOMY OUTLOOK SEK remained steady on Wednesday Floden conveyed cautious approach International risk weighing Riksbank See our free guide to learn how to use economic news in your trading strategy! OUTLOOK ON RIKSBANK POLICY USD/SEK held steady on Wednesday’s key central-bank-related events in Sweden and the
Gold has just set a fresh year-to-date high of $1,344, having jumped 1.12 percent to $1,342 yesterday.  While the higher highs and higher lows indicate the path of least resistance is to the higher side, the relative strength indices (RSI) on the hourly, 4-hour, daily and weekly charts are reporting overbought conditions.  As a result,
   •  The USD fails to preserve early gains and helped provide a fresh boost.   •  The prevalent risk-on mood/US-China trade optimism might cap gains.   •  The market focus remains on US-China trade talks/FOMC meeting minutes. Gold quickly reversed an early dip to $1323 area and turned higher for the fourth consecutive session, hitting near
CRUDE OIL & GOLD TALKING POINTS: Crude oil prices narrowly pierce resistance, rise to three-month high Gold prices fall short of breakout, chart setup warns of topping ahead Trade war headlines might overshadow EIA drilling data, Fed-speak Crude oil prices marked time Monday, with participation and conviction understandably in short supply in a session shortened
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