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Since the last update here on the Nasdaq 100 and the rise in the futures price, that has now advanced by around another 200 points. The Dow Jones and S+P 500 futures have also moved higher just ahead of the opening. The dollar has also reversed higher too and now the EUR/USD and the GBP/USD are heading back down again. The latest US industrial and manufacturing production has just been released and both have beaten forecasts and that has buoyed the dollar further versus the Euro and the Pound. Both are now on session lows. Meantime, the S+P 500 future has risen close the 6k mark and clearly that major level is on the crosshairs now when the index reopens shortly
Owing to technical issues there will be no further updates this afternoon. It is hoped that Quick News coverage will resume when the Amazon results...
Earlier today an update here noted the EUR/GBP was most definitely in play today and as you can see that is very much the case. So, as the GBP/USD has...
The Bank of England (BOE) has just announced the outcome of its monetary policy decision. The overwhelming general consensus was for a cut of 0.25%...
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