The USD/JPY pair, which lost its bullish momentum near the 113 handle in the early NA session, came under a renewed selling pressure and fell below the 112 mark. As of writing, the pair is trading at 111.97, losing 0.28% on the day. The latest blow to the greenback came from the St...
Currency
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29 June 2017, 20:00
Politics and BoE are filling the hard data void as markets leapt on apparent shifts in BoE towards accommodation reduction, suggests Tim Riddell, Research Analyst at Westpac...
Currency
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29 June 2017, 14:02
The upside momentum around the single currency now seems to have lost some vigour, prompting EUR/USD to slip back to the 1.1400 neighbourhood...
Weekly Trends
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29 June 2017, 13:58
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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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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29 June 2017, 10:53
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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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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28 June 2017, 14:25
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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28 June 2017, 13:57
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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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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27 June 2017, 19:26