NAS100 – Downside in play [Video]
Potential for the further drop.

Author

Petar Jaćimović
FXCentrum
Petar Jaćimović was born on 8 July 1989 in Jagodina, Serbia.
Potential for the further drop.

Author

Petar Jaćimović
FXCentrum
Petar Jaćimović was born on 8 July 1989 in Jagodina, Serbia.
GBP/USD manages to trade with acceptable gains around 1.3480 on Thursday. Conflicting signals from US and Iranian officials over a potential deal have kept markets cautious and capped Cable’s upside, while investors avoid taking sizeable positions ahead of Friday’s crucial US NFP report.
EUR/USD retreats modestly after advancing for two consecutive days, slipping below 1.1550 on Thursday. In the meantime, markets remain cautious over the prospects of a US-Iran peace agreement and the reopening of the Strait of Hormuz, keeping demand for the safe-haven US Dollar intact and preventing spot from regaining momentum.
In this week’s Live from the Vault, Andrew Maguire is joined by Peter Antico and Sean Stone to discuss the Paradigm of Money - an in-depth expose of financial market corruption, from naked shorting to the two-tier system that protects Wall Street.