EUR/USD:Consolidating quietly just under the neckline of the potential V-shaped reversal at 1.1800. Chart/Levels from Analyst, Nicole Elliott – Investors Chronicle

 

EUR/USD SHORT TERM TRADER: Small long at 1.1685; stop below 1.1700. Target 1.2000.

EUR/USD POSITION TAKER: Long at 1.1660; stop below 1.1600. Target 1.2400.

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AT&T turns media Judge’s ruling a landmark

Yesterday Washington federal Judge Richard Leon sided with US telecoms giant AT&T and allowed it to proceed with an $80 billion takeover of media behemoth Tine Warner. This is President Trump’s first big antitrust litigation and blocking this vertical integration was part of his election campaign.

Yesterday Macedonian Prime Minister Zoran Zaev spoke to Greece’s Alexis Tspiras by telephone and agreed that the former’s nation would now be called Republic of Northern Macedonia. This ends a 27-year dispute with Greece because they feel that using the name Macedonia implies a claim on the Greek territory of the same name. If ratified by both parliaments, this will allow the former Yugoslav country to apply for EU and NATO membership.

Financial Markets & Political Commentary

 

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