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Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, June 29th Seems that the Euro bulls took a breather in mid-Asia after enormous rally, which pushed the EUR/USD pair to refresh its 2017 tops at 1.1419 level...
Analytics & Forecasts
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EEAnalytics, 29 June 2017, 12:33
American stock indexes retain a positive trend against the backdrop of sales of government bonds. The yield of 10-year US government bonds, according to Tradeweb, rose on Wednesday to 2.223% from 2.198% on Tuesday. Investors remain confident that US economic growth is strong enough...
Analytics & Forecasts
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TifiaFX, 29 June 2017, 12:17 #fundamental analysis, Fed
It is a time of good cheer for central bankers suggests Sean Callow, Research Analyst at Westpac, with positive growth outlook coming from most of them. Key Quotes “The RBA has had a bullish view on Australian growth for many months...
Analytics & Forecasts
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Roman Vashchilin, 29 June 2017, 10:55
The bid tone around the single currency stays on the rise in the second half of the week, now lifting EUR/USD to fresh YTD tops in the 1.1430 region...
Weekly Trends
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Roman Vashchilin, 29 June 2017, 10:53
ข่าวประชาสัมพันธ์สำนักข่าวอินโฟเควสท์ (IQ) - พุธที่ 28 มิถุนายน 2560 22:35:42 น. สัญญาน้ำมันดิบล่วงหน้า WTI พลิกพึ้งขึ้นในวันพุธที่ 13 ธันวาคม พ.ศ. 2554 นี้กระทรวงพลังงานสหรัฐเปิดเผยว่า สัปดาห์ที่แล้ว เวลา 22.17 น. ตามเวลาไทยยินยอม (WTI) ส่งมอบเดือนส. ค...
Market News
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Sakorn Nathasan, 28 June 2017, 21:32
The USD/JPY pair maintained its bearish bias through early NA session but has managed to hold above session lows touched during the early European session. A goodish rebound in European equity market pointed to improving risk appetite and was seen denting the Japanese Yen's safe-haven appeal...
Weekly Trends
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Roman Vashchilin, 28 June 2017, 16:47
Following President Draghi’s upbeat speech in Sintra, George Saravelos, Strategist at Deutsche Bank, suggests that they are completely revising our EUR/USD outlook for the rest of the year and now see the risks as shifting towards an attempted break-out of the euro’s multi-year 1.05-1...
Weekly Trends
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Roman Vashchilin, 28 June 2017, 14:25
GBPUSD: The pair continues to face upside pressure following its higher close on Tuesday. Support lies at the 1.2750 level where a break will turn attention to the 1.2700 level. Further down, support lies at the 1.2650 level. Below here will set the stage for more weakness towards the 1...
Analytics & Forecasts
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FXTechstrategy.com, 28 June 2017, 14:08
The Sterling is gaining further ground on Wednesday, lifting GBP/USD to the area of daily highs around 1.2830 albeit easing some pips afterwards...
Analytics & Forecasts
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Roman Vashchilin, 28 June 2017, 13:57
Mario Draghi sent the euro much higher yesterday after his speech at the European Central Bank Forum. Markets felt relieved especially after his dovish comments a few weeks ago when he declared that the Eurozone still needed ECB stimulus...
Market News
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Jiming Huang, 28 June 2017, 13:32
Crude oil prices struggled to recover from the sharp sell-off that has sent a barrel of West Texas Intermediate to $42.05, down almost 20% from its peak of May 25th...
Market News
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Jiming Huang, 28 June 2017, 13:31
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Charts
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Jatin Patel, 28 June 2017, 13:03
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, June 28th The EUR/USD pair remains highly positive in the middle of this week, having refreshed its multimonth highs at 1.1380 level in early Europe...
Analytics & Forecasts
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EEAnalytics, 28 June 2017, 12:33
Talking Points Asian stocks wilted as their Wall Street counterparts had done the day before Only the ASX 200 stood out, with mining stocks there putting up a better show The US Dollar made gains on the Japanese Yen Asian stocks were mostly under pressure Wednesday following a weak Wall Street le...
Analytics & Forecasts
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Valeriy Brusilovskyy, 28 June 2017, 12:08
Statements made by ECB President Mario Draghi on Tuesday at a conference in Portugal provoked a sharp rise in the euro and a fall in European stock indices. Mario Draghi said that "all the signs now point to the strengthening and expansion of the basis for the recovery of the Eurozone economy...
Analytics & Forecasts
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TifiaFX, 28 June 2017, 11:39 #fundamental analysis, Fed
USD/CAD Yesterday the pair broke through the important support level of 1.3200 and today continued the downward movement and lost 0.5...
Analytics & Forecasts
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Real Trade, 28 June 2017, 10:48
After touching its daily high at $1253, the XAU/USD pair started to erase its gains and fell below the $1250 handle in the NA session despite the greenback weakness. The pair is now trading at $1246.60, still up 0.15% on the day...
Metals
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Roman Vashchilin, 27 June 2017, 19:36
Analysts at Nomura explained that they have previously argued that the transmission mechanism between positive economic data and EUR was broken, temporarily, ahead of political events...
Market News
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Roman Vashchilin, 27 June 2017, 19:26
Currently, EUR/USD is trading at 1.1314, up 1.18% on the day, having posted a daily high at 1.1336 and low at 1.1179...
Weekly Trends
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Roman Vashchilin, 27 June 2017, 19:16
EURUSD: With the pair seen rallying on Tuesday following its Monday price reversal, more strength is envisaged in the days ahead. Resistance comes in at 1.1300 level with a cut through here opening the door for more upside towards the 1.1350 level. Further up, resistance lies at the 1...
Analytics & Forecasts
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FXTechstrategy.com, 27 June 2017, 16:00