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Marc Chandler
Draghi Speaks: 3 Takeaways
By Marc Chandler - Sep 03, 2015

The euro sold off a cent in the immediate reaction to ECB President Draghi's press conference. A break of $1.11 would target $1.1025, though the target is unlikely to be seen ahead of tomorrow's US ...

Matthew Weller
EUR/JPY: Draghi’n The Euro Down
By Matthew Weller - Sep 03, 2015

The release of this morning’s European Central Bank (ECB) monetary policy statement was predictably uneventful, with the central bank leaving its main refinancing rate at 0.05%, its deposit rate...

Scott Barkley
EUR/JPY: Next Target?
By Scott Barkley - Sep 03, 2015

Currently we are at 134.64. We are looking for a continuation to the Fibo support area at 133.14 with an overall target at 133.59. The average daily true range (ATR) for the pair currently is 112 ...

Al Brooks
Forex Markets In Breakout Mode
By Al Brooks - Sep 03, 2015

All of the major forex markets have been in tight trading ranges for a few days, giving limited opportunities for traders who are learning how to trade the markets. Those trading forex markets for a ...

Admiral Markets
USD/CAD Showing 2 Strong Confluence Points
By Admiral Markets - Sep 03, 2015 2

As we could witness it, Canada is currently undergoing a recession as the economy is suffering due to low oil prices. Oil prices have been falling sharply also through the summer and fall of 2014. As ...

Swissquote Bank Ltd
Greek Elections: Uncertainty Increases, ECB On Hold
By Swissquote Bank Ltd - Sep 03, 2015

Greece: New elections approach On September 20, Greek legislative elections will be held in Greece. Prime Minister Alexis Tsipras has announced his resignation on August 10. Initially, elections were ...

Technical Trading
Daily FX And Dow Jones Levels: September 3rd, 2015
By Technical Trading - Sep 03, 2015

EUR/USD Today’s support: -1.1203(main), where correction is possible. Break would give 1.1182, where correction also may be. Then follows 1.1154. Break of the latter would result in 1.1130. If a...

GCI Financial
Australia’s Retail Sales Missed Market Forecast
By GCI Financial - Sep 03, 2015

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.38% against the USD to close at 0.7046. LME Copper prices declined 0.09% or $4.5/MT to $5090.5/MT. Aluminium prices declined ...

GCI Financial
Loonie Trading On A Weaker Footing This Morning
By GCI Financial - Sep 03, 2015

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CAD to close at 1.3265. In the Asian session, at GMT0300, the pair is trading at 1.3268, with the USD trading a tad ...

GCI Financial
Swiss Franc Trading Marginally Lower In The Asian
By GCI Financial - Sep 03, 2015

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 1.03% against the CHF and closed at 0.9697. In the Asian session, at GMT0300, the pair is trading at 0.9697, with the USD trading ...

GCI Financial
Japan’s Services PMI Rose To Nearly A Two-Year High
By GCI Financial - Sep 03, 2015

USDJPY Movement For the 24 hours to 23:00 GMT, the USD strengthened 0.74% against the JPY and closed at 120.46. In the Asian session, at GMT0300, the pair is trading at 120.6, with the USD trading ...

GCI Financial
Pound Trading Lower Ahead Of UK Services Activity Data
By GCI Financial - Sep 03, 2015

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP traded marginally higher against the USD and closed at 1.5309. However, the gains were kept in check, as UK’s construction sector ...