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Analysts at ANZ noted the downturn in commodities. Key Quotes: "What’s behind the recent slippage in commodity prices...
Market News
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sathish kumar, 9 December 2015, 02:19
Sean Callow, analyst at Westpac explained the key events ahead. Key Quotes: "The Westpac-MI consumer sentiment index will be released at 10:30am Syd/7:30am Sing/HK. The index printed at 101...
Market News
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sathish kumar, 9 December 2015, 02:17
The common currency ends the day higher against its American rival, albeit having held within quite a limited intraday range, and below the 1.0900 figure. Key Quotes: "The macroeconomic calendar was light amid a Christian holiday, observed by many European countries...
Analytics & Forecasts
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sathish kumar, 9 December 2015, 02:15
AUD/USD is currently trading at 0.7213 with a high of 0.7270 and a low of 0.7186. AUD/USD has recovered back on the 0.72 handle after making lows to 0...
Analytics & Forecasts
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sathish kumar, 9 December 2015, 02:13
US stocks ended lower on Tuesday as oil prices continue to weigh on energy sector, as WTI posted fresh 6-year lows. The Dow Jones Industrial Average dropped 162.5 points, or 0.92%, to 17,568, after shedding as much as 245 points earlier in the session. The S&P 500 lost 13.48 points, or 0...
Market News
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sathish kumar, 9 December 2015, 02:10
The EUR bulls took a breather in its upsurge in the early Asian trades, with EUR/USD clinching to Tuesday’s gains ahead of another data-quiet session today. EUR/USD capped below 1.0900 Currently, the EUR/USD pair trades modestly flat at 1.0887, oscillating in a 10-pips tight range...
Analytics & Forecasts
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sathish kumar, 9 December 2015, 02:08 #EUR/USD
09.12.2015 00:30Investment Lending for Homes (October) Currency: AUD, Importance: Medium...
Market News
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sathish kumar, 9 December 2015, 02:04
The following are the latest technical setups for EUR/USD, USD/JPY, GBP/USD, AUD/USD, and NZD/USD as provided by the technical strategy team at Barclays Capital. EUR/USD: We are bearish against the 1.0980 recent highs. Resistance in the 1.1100 area is expected to help keep the overall focus lower...
Analytics & Forecasts
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Vasilii Apostolidi, 8 December 2015, 22:40 #usd/jpy, GBP/USD, EUR/USD
The Nikkei 225 fell 1.04% or 203 points, ending at 19,492.60 on Tuesday, tracking Wall Street losses at the beginning of the day, further weighed by a continued decline in crude oil prices. The index traded as low as 19,222, and aims to open around 19,360, its lowest in three weeks...
Analytics & Forecasts
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sathish kumar, 8 December 2015, 22:15 #Nikkei
The Nikkei 225 fell 1.04% or 203 points, ending at 19,492.60 on Tuesday, tracking Wall Street losses at the beginning of the day, further weighed by a continued decline in crude oil prices. The index traded as low as 19,222, and aims to open around 19,360, its lowest in three weeks...
Analytics & Forecasts
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  • 1
sathish kumar, 8 December 2015, 22:15 #Nikkei
Crude oil prices fell further on Tuesday and closed slightly lower despite having bounced from fresh 6-year lows sub $37.00 a barrel. WTI had a volatile session, oscillating between $36.64 and $38.58 a barrel, before settling at $37.52, down 0.28% on the day and posting its third loss in a row...
Analytics & Forecasts
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sathish kumar, 8 December 2015, 22:12
The UK currency weakened against most of its major peers, but gained against the CAD, as falling oil prices sent the commodity-related currency to its lowest level in over 11 years against the greenback. GBP/CAD advanced for a second day in a row and posted a fresh 2-month high of 2.0424...
Analytics & Forecasts
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sathish kumar, 8 December 2015, 22:11
The euro finished higher against the yen on Tuesday and it continued to consolidate above 133.00. EUR/JPY peaked at 134.00 during the American session and finished trading around that level. EUR/JPY technical outlook Last week it peaked above 134.50 and then pulled back...
Analytics & Forecasts
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sathish kumar, 8 December 2015, 22:08
USD/JPY is currently trading at 123.05 with a high of 123.40 and a low of 122.71. Despite the Japanese GDP in Q3 with the real GDP growth in Japan being revised upwards to an annualized expansion of 1.0% from an initially reported contraction of -0...
Analytics & Forecasts
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sathish kumar, 8 December 2015, 22:06 #usd/jpy
Gold recovered some ground on Tuesday, ending the day slightly higher at $1,075 an ounce while investors adopt a cautious stance ahead of the Federal Reserve decision on rates next week...
Metals
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sathish kumar, 8 December 2015, 22:04 #gold
EUR/USD printed a fresh daily high recently at 1.0902 but if failed to continue to rise above 1.0900 and pulled back modestly below. It was trading at 1.0890, 55 pips above the level it closed yesterday...
Analytics & Forecasts
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sathish kumar, 8 December 2015, 22:02
USD/CAD pulled back from fresh 11-year highs above 1.3600 as the loonie took back losses in tandem with oil prices, although the relief was short-lived. USD/CAD retreated from a peak of 1.3621 but the downside was contained by the 1...
Analytics & Forecasts
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sathish kumar, 8 December 2015, 22:00 #usd/cad
EUR/JPY pair continues trading range bound, ending the day slightly higher amid EUR's strength, although with the pair still unable to firm up above the 134.00 figure...
Analytics & Forecasts
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sathish kumar, 8 December 2015, 21:58
Analysts at Deutsche Bank explained that since October 2014, the Norges bank has cut the policy rate by 75 basis points, with the last easing in September of this year accompanied by a very aggressive revision to the repo rate forecast, implying an additional 24bp of easing and shifting out expec...
Currency
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sathish kumar, 8 December 2015, 21:56
BoC Governor Stephen Poloz said the bank lowered its effective lower bound for Canada’s policy rate to around -0.5%. He said the BoC could adopt negative rates in the case of adverse shocks, but added such a move isn't now under consideration...
Market News
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sathish kumar, 8 December 2015, 21:54