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AUD Performance is Concerning - BBH Research Team at BBH, suggests that concerning is the Australian dollar's performance. Key Quotes “We have brought to your attention the fact that the Aussie has been a good leading indicator of the US dollar's broader direction...
Currency
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Roberto Jacobs, 9 June 2016, 13:28
EUR/USD Visiting Fresh Lows Around 1.1350 The common currency is accelerating its downside today, now dragging EUR/USD to fresh daily troughs in the mid-1.1300s...
Analytics & Forecasts
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Roberto Jacobs, 9 June 2016, 13:06
RBNZ: Kiwi's Push to New Highs is a Function of Governor Wheeler's Guidance - BBH Research Team at BBH, notes that the Kiwi is up 1.5% following the RBNZ's decision to leave rates on hold and signal little urgency to cut again in the near-term...
Currency
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Roberto Jacobs, 9 June 2016, 13:03
Dollar Hits a Speed Bump - Investec Research Team at Investec, suggests that the EU referendum is two weeks away today, but for once the stand out currency market move is not the Pound, but the Dollar...
Analytics & Forecasts
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Roberto Jacobs, 9 June 2016, 13:00
AUD/USD Inter-Market: Looking for a Test of 0.7300? The AUD/USD pair halted its three-day winning streak and fell sharply this Thursday, having eroded almost 80-pips so far...
Analytics & Forecasts
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Roberto Jacobs, 9 June 2016, 12:57
US: Delayed Fed Rate Hike Expectations Prompt Search for Yield - MUFG Lee Hardman, Currency Analyst at MUFG, notes that the US dollar remains on the defensive in the near-term with renewed weakness most evident against commodity related and emerging market currencies...
Currency
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Roberto Jacobs, 9 June 2016, 12:55
NZD/USD Strong Rally Halted at 0.7150, Now Trading Sub-0.7100 The NZD/USD pair has given up some of its RBNZ status-quo monetary policy led up-move and has now dropped below 0.7100 handle. Earlier on Thursday, RBNZ surprised markets by leaving its benchmark interest rate unchanged at 2.25...
Analytics & Forecasts
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Roberto Jacobs, 9 June 2016, 12:51 #nzdusd
WTI Drops to Lows Near $50.70 After hitting fresh 2016 highs in the $51.70 area per barrel, the West Texas Intermediate is now grinding lower towards the $50.75/70 band...
Analytics & Forecasts
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Roberto Jacobs, 9 June 2016, 12:45 #WTI
USD/CAD Seen Grinding Lower – Westpac Strategist at Westpac Richard Franulovich believes the pair is heading lower in the short term. Key Quotes “May CPI the key data point of note for the week ahead. The data should not fuss, with the core rate likely to rise 0.2% in the month. BoC Gov...
Analytics & Forecasts
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Roberto Jacobs, 9 June 2016, 12:43
US Dollar Flirting with Highs Near 93.80 The greenback, tracked by the US Dollar Index, has found strong support in the 93.40 area, currently advancing to 93.80, or session highs. US Dollar supported at 93...
Analytics & Forecasts
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Roberto Jacobs, 9 June 2016, 12:39
FxWirePro: BTC/USD Consolidates in Narrow Range, Good to Sell on Rallies Major resistance - $600 BTC/USD has formed the temporary top around $594 and declining from that level. It is currently trading around $581...
Analytics & Forecasts
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Roberto Jacobs, 9 June 2016, 12:34
German Bund Yields Hover Around Record Low Levels, Likely to Test Zero Soon The German 10-year bund yields continue to hover around record low levels on Thursday, after testing its 2015 low of 0...
Market News
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Roberto Jacobs, 9 June 2016, 12:12
EUR/GBP Clings to Gains Near 0.7850 EUR/GBP is posting meagre gains in the second half of the week following the bearish note around the single currency and the British pound. EUR/GBP upside capped above 0...
Analytics & Forecasts
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Roberto Jacobs, 9 June 2016, 12:08
Triangle identified at 09-Jun-05:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.272 within the next 12 hours. Resistance Levels : ( B ) 1.2722Last resistance turning point of Triangle. Support Levels ( A ) 1...
Charts
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Lahcene Ouled Moussa, 9 June 2016, 11:22
FxWirePro: EUR/JPY slips Below 121 Handle, All Targets Hit, Book Full Profits EUR/JPY has slipped below the 121 handle as bid tone around the Japanese currency increases. Risk-off sentiment prevailing across Asian and European equities boosting the safe-haven appeal of the yen...
Analytics & Forecasts
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Roberto Jacobs, 9 June 2016, 10:57
NZDUSD Stages Strong Rally to 1-Year High NZDUSD staged a strong rally early on Thursday to reach a one-year high of 0.7146. The pair turned more bullish after clearing some important barriers. There was a daily close above the key 0.70 level on Wednesday...
Analytics & Forecasts
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Roberto Jacobs, 9 June 2016, 10:53 #nzdusd
All About Positioning on Rate Moves The overnight volatility on currencies has come from central bank decision and also lack of them. The main surprise was with the cut in rates from the Bank of Korea, cut to 1.25% (from 1.50...
Currency
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Roberto Jacobs, 9 June 2016, 10:48
U.S. Equities Approaching Record Highs as the Dollar Falls The Dow Jones finally managed to close above the psychological key 18,000 level for the first time since April, while the S&P 500 closed less than 1% shy from its record high in May 2015...
Market News
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Roberto Jacobs, 9 June 2016, 10:45
Long Overdue Correction for Euro Previous: On Wednesday the euro/dollar managed to lift above 1.14. Due to oil and gold prices rising, the euro's strengthening was held back in the EUR/AUD and EUR/CAD crosses...
Currency
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Roberto Jacobs, 9 June 2016, 10:41
Dollar Index and Gold Price Action Indicate Renewed Easy Money Perceptions Weaker than expected U.S. economic data, and a renewed easy money push by the Global Central Bankers has elicited a negative Dollar reaction from the markets during the past few sessions...