Daily Market Update 26th July 2016
Dollar slips ahead of Fed, yen firms
Dollar slips ahead of Fed, yen firms
Oil prices dip on ongoing oversupply, economic headwinds
Saxo Bank Chief Economist & CIO Steen Jakobsen explains the current impact on the emerging markets from the attempted Turkey coup.
Brexit to Spark U.K. Recession, Forecasters Say
Steve Lucas of 3cAnalysis is looking to short AUDUSD. He says that he wants to sell into any bounce at just below Friday’s 0.7560 low.
Lucas' stop on the trade is at Monday’s 0.7608 high and his targets are to the 50% Fibonacci at 0.7408 and 0.7346, the 62% correction.