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Crude oil settles higher but fails to avoid 4th straight weekly loss.
in
General
Aug 27, 2017 at 11:33
Crude futures settled higher on Friday, despite fears that Hurricane Harvey could disrupt refinery activity, reducing demand for crude oil.On the New York Mercantile Exchange crude futures for October delivery rose 44 cents to settle at $47.87 a barrel, while on London’s Intercontinental Exchange, Brent added 37 cents to trade at $52.41 a barrel.Government weather agencies said Harvey became a Category 2 storm as it crossed the Gulf of Mexico with winds of 110 mph (175 kph), 145 miles (235 km) off Port O’Connor, Texas.Analysts’ ViewAnalysts expect the main hit to the industry...
GBPJPY Trading Idea
in
Experienced Traders
Jul 03, 2017 at 12:36
GBPJPY has changed direction to north after a retracement from 145 where is the FIBO 76.40 . My GBPJPY trade idea is as follows : Stocks are showing little reaction to Japan’s election as markets wait and see whether the result will have any impact on a national political level. Dragon clearly shows that will test the 148 level within this week where is the 2 month's highest. GBPJPY can make some corrections but all those pull packs will be buy opportunşty for me.http://www.myfxbook.com/files/FXTERS/gbpjpy.jpg
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