EURUSD: Euro Bearish Breakout is Nearly Confirmed USDJPY: Japanese Yen Outperforms Against US Dollar GBPUSD: British Pound Short Approaches Profit Target USDCAD: Remain Long as Canadian Dollar Extends Losses AUDUSD: Australian Dollar Slips Past Key Support NZDUSD: New Zealand Dollar Short All But Triggered Read More Currency Markets Position to Extend US Dollar Rebound
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Read More GBPUSD British Pound Short Approches Profit Target
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Read More USDCAD Remain Long as Canadian Dollar Extends Losses
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Gold has been weighed as a safe haven and the precious metal was found wanting. One of the commodity’s primary roles in the financial markets is a harbor for capital. Read More Gold Suffers its Worst Tumble since January as Demand for Safety Clearly Favors the Dollar
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After suffering a wave of volatility – the level of which we haven’t seen in many months – it seems the currency market is tempering and price action is going back to level of normalcy. However, the incredible price action that was seen through the market shock cannot be discounted for its lasting effects. Read [...]
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Just when workers across the EU are losing their jobs, having their pay frozen or maybe even taking a pay cut just to keep their jobs, the EU Bureaucrats are to receive a nice little pay rise of 3.7% next year. 7 Vote(s) Read More EU bureaucrats to get 37 persen pay rise
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Japan’s finance minister has raised the prospect of a Group of Seven joint statement on currencies to cool the yen’s rally as the US dollar tumbled to a 14-year low against the yen today. 6 Vote(s) Read More Japan raises prospect of currency intervention
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On Friday USD is likely to continue the recovery started on Thursday. At the same time Forex trading that day isn’t expected to be quite active. 6 Vote(s) Read More USD Forex recovery
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EURJPY closed @ 13005 which was BELOW the open and breached the previous day’s low. The High was 40 pips from Precise Trader’s Res Zone 1 and the Low was 5 pips from Precise Trader’s Critical Sup. The Hourly Oscillators are Bearish and the pric 6 Vote(s) Read More Forecast on JPY Crosses EURJPY, GBPJPY, [...]
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Eurozone lending to the private sector contracted at an accelerating rate in October, despite the regional economy exiting from recession in the third quarter. 5 Vote(s) Read More Eurozone lending to private sector contracted
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