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USD Falls on China Worries: GBP, EUR, JPY Rise
The dollar fell sharply after a mixed set of data and as Chinese financial markets went into “free fall” again ...
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USD Tradable Events: Durable Goods Orders, Fed on Watch this Week
The benchmark US dollar index ended the week a fraction lower at 97.34.
Strength in the dollar has been building ...
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Yen Gains after IMF Recommends Return to “Abenomics”
Yen is trading strongly against the greenback with USD/JPY ending the week back down at 123.88.
The hourly chart is ...
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NZD Rallies to Recoup Risk Premium on Rate Decision
New Zealand’s central bank (RBNZ) lowered
interest rates this morning
– a decision that was widely anticipated.
The cut of ...
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GBP Fragile after Disappointing Consumer Sales
The British pound fell abruptly this morning after the release of a disappointing set of retail sales figures.
GBP/USD
fell ...
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JPY Weakens Following BoJ’s Kuroda Speech
The yen was weaker today against the dollar and sterling after a business report showed that the Japanese economy continues ...
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Hawkish BOE Minutes: GBP/USD Rebounds from 50-day Moving Average
GBP/USD
had its first daily advance on Wednesday after six down days. “Cable” rebounded from the 50-day moving average where ...
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Commodities Weaker: NZD, AUD Nervous Ahead of Rate Decision
Commodity currencies were trading nervously in the run up to an announcement from the RBNZ’s monetary policy committee.
New Zealand’s ...
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Commodity Currencies Poised for Interests Rate Cuts: NZD, AUD Gain
The Australian dollar notched up a second day of rises against the greenback today.
AUD/USD
propelled upwards towards 0.7435 taking ...
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GBP/JPY Falls Towards Technical Support
GBP/USD
had another tepid session today as weakness prevented it advancing on the
softer dollar
as did euro and yen ...
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USD Slumps on Technical Selling: EUR, JPY Gain
The US dollar was off by nearly one percent against a basket of currencies on Tuesday. The benchmark index which ...
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AUD, NZD Gain Ahead of Central Bank Statements
The Australian dollar gained some relief after supportive economic data from China on Monday.
Firmness in the commodities sector also ...
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Cable Dips Ahead of BOE Minutes: Carney Comments in Spotlight
The rally in
GBP/USD
has waned over the past few days after reaching a near-term high of 1.5677. Markets had ...
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Euro Gains on Yen, Sterling: EUR/USD Consolidates
EUR/USD
was range bound throughout the session with a lack of news to influence a push in either direction. Several ...
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USD/CAD Rallies to Upper Resistance following BOC Decision
CAD remains in a weak position following the Bank of Canada’s second surprise interest rate cut last week.
USD/CAD is ...
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USD has its Strongest Week since May
Last week the benchmark US dollar index climbed to 98.1 ending its strongest week since mid-May.
Yellen’s testimony midweek
helped ...
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Euro Remains Tepid After Greek Deal
It was another tepid session for the euro despite the ongoing Greek crisis apparently drawing to a close.
Greek banks ...
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US Dollar Gains after Strong Jobs Data
The dollar gained today after unemployment figures showed a fall in the expected number of new claims.
The data helped ...
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Cable Moves Sideways after Choppy Session
Cable experienced a choppy session but overall was little changed on the day.
GBP/USD
dropped to support at 1.5557 early ...
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Aussie Rebounds: NZD Slides on Fall in Dairy Prices
The Australian dollar rebounded after yesterday’s sharp falls. The bearish sentiment was prompted by a surprise rate by the Canadian ...
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