Daily Fx Analysis - The US dollar was seen making attempts to recover some of its losses like yesterday’s new home sales data posted a solid month of growth. However, a strong...
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US dollar and EUR/USD - Despite a strong opening yesterday, the US dollar failed to keep the momentum going, giving back some of the gains from earlier in the day. Lack of...
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USDJPY trims gains. Support seen at 104 - 103 - A fairly quiet Monday saw USDJPY retreating from its recent highs ahead of the big events this week. USDJPY has retraced its gains...
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Dollar supported, heading into FOMC - A quiet economic calendar today ahead of the FOMC and BoJ meetings this week could keep prices fairly flat. The US dollar looks well...
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UK flash PMI’s in focus for GBPUSD - The ECB monetary policy meeting yesterday failed to push the markets around but a modest risk off sentiment is seen creeping back. Today's...
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Daily Fx Analysis - The euro slid back to 1.10 support but failure to close below the support is likely to see a near term correction to the upside. GBPUSD has formed a minor...
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US dollar - GBPUSD and the USDJPY rallied yesterday, breaching $1.32 and 104Yen respectively as noted in yesterday’s commentary. Price action is likely to pause in the near...
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Daily Forex Market Preview - GBPUSD is likely to see a retracement back to 1.32 level ahead of the inflation report hearing and the BoE meeting this week. The falling wedge...
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British pound gives back gains on Carney’s comments - The British pound fell yesterday evening sharply after comments of rate cuts and QE from BoE’s Carney. The euro also...
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US GDP data on tap today - The US dollar was showing signs of weakness as the markets start to price in a Fed rate cut by September. This change in view saw the euro posting a...
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