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KEY DATA RELEASES TODAY (GMT) :0930 GBP Average Earnings Index 3m/y exp 1.7% v 1.4% 0930 GBP Unemployment Rate exp 5.9% v 6.0% 0930 GBP Claimant Count Change exp -24.2K v-26.9K 0930 GBP MPC Official...
The last time I posted my analysis on USD/JPY I was longer-term bullish but also noted the difficulties in the short-term and the resistance levels that needed to be broken in order to confirm the new...
Clouds of uncertainty looms over Eurozone as the jittery financial markets are focused on Thursday's ECB meeting, at which the bank is widely expected to unveil a quantitative easing program, and a...
Forex News and Events The BoE hawkish camp empties as lower inflation environment no more justifies an upside move on rates, stated the minutes of January 7-8th MPC meeting. GBP/USD remains under...
EUR/USD is showing little movement on Wednesday, as the pair trades in the high-1.15 range in the European session. There are no eurozone releases today, but the markets will be counting down the...
No real change here. The pair has continued dribbling sideways in a narrow range before the ECB's policy meeting on Thursday. The down-trend is still dominant and intact and I expect it to...
EUR/USD The euro continues to move in narrow-range consolidative mode, off fresh low at 1.145, ahead of tomorrow’s ECB meeting. Near-term tone remains weak, as 1.16 barrier stays intact for...
EUR/USD - European Session The pair is still trading below 1.1625 strengthening our previously suggested negative expectations, and holding below this level is negative and supports extending the...
Although the oil markets managed to bounce slightly higher towards the conclusion of last week following comments that the weaker price would be positive for demand, alongside optimism that non-OPEC...
The yen rallied sharply during today’s Asian, as USD/JPY’s failure to climb over 119 caused severe profit-taking after the pair’s recent rally. The fact that the Bank of Japan also...
Today’s Binary Options Trading Strategy:• Currency Pair: NZD/USD• Timeframe: H4 (Hourly Chart)• Binary Option Trading Recommendation: Seek binary call options on dips below...
- U.K. Jobless Claims to Contract for 26th Consecutive Month in December.- Wage Growth to Pick Up for Fifth Month to Annualized Rate of 1.7%. Trading the News: U.K. Jobless Claims Change Another 25.0K...
EUR/USDThe euro was trading close to 11-year lows against the dollar on Tuesday as investors anticipated possible monetary easing by the European Central Bank this week. The euro remained under...
For the 24 hours to 23:00 GMT, the AUD weakened 0.37% against the USD to close at 0.8166.LME Copper prices rose 1.58% or $89.5/MT to $5760.5/MT. Aluminium prices rose 0.27% or $5.0/MT to $1830.0/MT.In...