EUR/GBP weakness has accelerated sharply for a clear break of the 0.8966/46 uptrend from late April, as well as importantly the 200-day average at 0.8926 on a closing basis. Critical now is the 0.8866/64 key price pivot, below which the pair should, at last, confirm […]
United Exports defends its reputation in South Africa, as Ross Berries denies licensing breach over OZblu varieties Australian group United Exports has embarked on a major PR campaign in support of its reputation in southern Africa, amid an ongoing legal dispute with South African producer […]
The Duchesse strawberry is an aromatic flavour bomb and is increasingly grown in France instead of the Clery variety. But also further north, this short day variety seems to hold great promise for growers. “The Duchesse, which we have grown in Planasa’s French breeding program, […]
EUR/GBP remains on the back foot, around 0.9030, down 0.46% intraday, and a clear break of 0.9026/05 should allow weakness to accelerate sharply, with next support at 0.8934, as the Credit Suisse analyst team notes. Key quotes “With the short-term downtrend from mid-September still intact, today […]
The dollar edged higher in early European trade Wednesday, holding on to recent gains following doubts about how quickly a Covid-19 vaccine will come to the market, prompting a more risk averse trading environment. At 2:50 AM ET (0650 GMT), the Dollar Index, which tracks […]
Canadian blueberry growers are watching and waiting as the United States International Trade Commission (USITC) launches a trade probe into supplies of the popular fruit. Canadian growers were first made aware of the issue on September 1st when the United States Trade Representative (USTR) announced […]
Harvesting has started across the country on South Africa’s largest blueberry crop yet, an estimated 24,000 tonnes of production, of which 17,000 tonnes will probably be exported. Exports came to 12,282 tonnes last year, to give an idea of the tremendous growth within the blueberry […]
“The sharp turnaround has sent the Relative Strength Index from overbought conditions to the verge of oversold ones. On the other hand, momentum turned to the downside and the pair dropped below the 50 and 100 SMAs.” “Uptrend support is around 1.1780 at the time […]
The pound has risen against dollar while options markets suggest no flash points ahead Currency traders have slipped up on Brexit many times over the past four years, but they are relaxed about the prospect of dropping out of the EU’s trade arrangements without […]
EUR/USD’s failure to materially capitalize on a plethora of upbeat developments is exposing the pair weakness, according to FXStreet’s analyst Yohay Elam. Key quotes “The most significant positive development has come from the Sino-American front. US Trade Representative Robert Lighthizer and Chinese Vice Premier Liu […]