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Euro's Downward Fall
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 - Apr 17, 2014

EUR/USD Euro continues falling down towards level of 1.3750. Alternative scenario implies that pair may move upwards to reach level of 1.3867 and then continue falling down towards next target of this...

 
Data Shows Taper Not Hurting Economy
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 - Apr 17, 2014

Regardless of whether you believe that the Federal Reserve is tapering prematurely, today's jobless claims report confirms that their process of unwinding Quantitative Easing is not hurting the ...

 
USD/CHF: Intertia Trend
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 - Apr 17, 2014

Today at 14:30 (CET, server time) we will see Unemployment Claims in the U.S. for last week. The data are collected by the Department of Labor and published in the weekly report. The Indicator allows ...

 
EUR/JPY: Wedge Break?
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 - Apr 17, 2014

EUR/JPY Currently we are at 141.59 after the break north of the wedge.  We are looking for a bullish continuation to the Day chart trend line area @ 142.32-50.  The average daily true range (ATR) for ...

 
Bank Of Canada Teases, But No Satisfaction
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 - Apr 17, 2014

The Bank of Canada's statement yesterday steals whatever importance investors may have attributed to the acceleration of inflation in March. Headline CPI rose to 1.5% from 1.1% and the core rate rose ...

 
Euro Gains After Yellen Comments
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 - Apr 17, 2014

EUR/USD remains at high levels on Thursday, as the pair trades in the mid-1.38 range in the European session. The dollar is broadly lower following comments by Fed chair Janet Yellen on Wednesday. In ...

 
FX Markets Find Big Three Mean Business On Rate Hike Talk
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 - Apr 17, 2014

• Central banks' messages fall on deaf ears • Canada MPR release upbeat • USDCAD consolidation ahead The Easter weekend holiday should see a quick evaporation of liquidity heading into...

 
BOC’s Poloz Vows To Downplay The Fastening Inflation In Canada
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 - Apr 17, 2014

Forex News and Events: The US dollar is broadly offered versus G10 and EM currencies after Fed Chair Yellen is back to her dovish camp (where we originally saw her). In her speech yesterday, Yellen ...

 
Forex Market Going Through The Motions
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 - Apr 17, 2014

The confrontation in Ukraine, which has upset markets over the past week, is keeping investors on edge heading into the Easter long weekend. Expect forex ranges to be tight, volatility kept to a ...

 
Why The Euro Won't Go Down‏
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 - Apr 17, 2014

Market Drivers for April 17, 2014 Tankan up big in March despite sales tax pressure German PPI continues to deflate Nikkei 0.0% Europe -.22% Oil $103/bbl Gold $1298/oz. Europe and AsiaJPY: Tankan 25...

 
USD Weakens Post-Yellen, The Cable At Fresh Year High
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 - Apr 17, 2014

Market Brief The greenback turned broadly offered after Fed Chair Yellen said the rates will remain lower for longer due to persisting effects of crisis. Yellen repeated that there is considerable ...

 
AUD/USD Traders In Suspense Following Bearish Reversal Signal
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 - Apr 17, 2014

Talking Points: AUD/USD Technical Strategy: Shorts Preferred Bearish Engulfing pattern on the daily offers warning Key resistance remains at 0.9440, support at 0.9330 A Bearish Engulfing candlestick ...

 
Jobs And Wages Drive Sterling To 5.5 Year High
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 - Apr 17, 2014

Sterling drove to the highest level on a trade weighted basis since mid-2008 yesterday following a very strong employment report. Bank of England Governor Mark Carney will be happy that the Bank of ...

 
Euro Treading Water
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 - Apr 17, 2014

EUR/USD Daily Analysis: Euro market players seem hesitant to commit to any one direction as we once again are right back where we started yesterday – 1.3820, with volatility down to month lows on the ...

 
Daily FX: EUR/USD, GBP/USD, USD/JPY And NZD/USD - April 17, 2014
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 - Apr 17, 2014

The U.S. Dollar advanced as investors waited patiently for the chairperson of the Federal Reserve to deliver an important address on the state of the economy. The greenback was also supported by ...

 
Sterling At 4-year High
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 - Apr 17, 2014

Currencies The euro rebounded from is low at 1.3789 up to 1.3850 against the US dollar. The euro erased part of its losses as the Fed chair, Janet Yellen, stated yesterday that Fed has a commitment to...