The US dollar gave up some of the gains yesterday as the Federal Reserve held interest rate steady at 0.50%, despite signaling that a rate hike is likely by December. The biggest...
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US retail sales and BoE meetin - GBPUSD posted a strong rebound yesterday as noted, despite the short term intraday dip to session lows below 1.3200. Today’s Bank of England...
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GBP News and Analysis - The British pound, which extended its declines from last week will be the currency in focus today as the payrolls report for August is due for release...
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EURUSD looks to Draghi for policy clues - Following Tuesday’s weakening in the US dollar, prices were seen stabilizing yesterday with the markets now waiting for the ECB’s...
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Forex Daily Analysis - EURUSD remained to trade in a range with prices seen re-testing 1.120 handle earlier today. Today's US consumer inflation report and US building permits...
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Daily Forex Market - The US dollar index managed to close bullish yesterday, forming an inside bar in the process. A break out from this level could signal further gains or...
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Forex Daily Analysis - The US dollar is likely to extend its gains after Friday’s payrolls report. The economic data remains light today with no major releases in sight. Expect...
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Markets await NFP - July’s nonfarm payrolls report will be the main calendar event to watch for today. A positive beat on expectations will most likely induce dollar buying...
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EURUSD maintains sideways pattern - The euro continues to trade flat against the dollar with 4-hour sessions shows prices forming multiple inside bars. Japan is expected to...
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Forex Daily Analysis - The US dollar fell sharply on Friday after the Q2 GDP data showed that the US economy grew only 1.20%, much less than the forecast of 2.60%....
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