Depressed EUR/JPY falls below key SMA

EUR/JPY has just crossed below its 200-hour SMA. The last such price-indicator cross has been registered at least over a week ago on this time frame, accentuating its significance.

Traders maintaining a downside bias, extend their projections to the 800-SMA, which corresponds to the 200-SMA on 4hr charts.

Dec 5, 2016

Oil drops as markets question long-term ramifications of the OPEC deal

Oil prices at both sides of the Atlantic dropped almost 1% as investors question the long-term ramifications of the OPEC deal. Brent oil was last see

Moody’s: No New Zealand ratings implications from PM Key’s resignation - BBG

Bloomberg reports headlines from the US-based ratings agency, Moody’s Investor Service, citing that there are no New Zealand ratings implications from