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Forex News and Events: The GBP-complex has been the biggest loser across the board at the start of the week. The aggressive sell-off is mostly triggered by the latest surveys favoring the yes vote in...
The polling developments surrounding the Scottish independence referendum continued to shock over the weekend, driving the GBP to gap another percentage point or so lower versus the other major...
This week the scorecard recommends buying SEK, JPY and NOK, while selling GBP, EUR and USD.Last week's signals resulted in a 0.25% gain. Especially the short EUR position performed well, while the...
EUR/USD The euro remains negative overall and sees potential for further descend in the near term. However, weaker than expected US jobs data, released on Friday, reduced immediate pressure and so...
CNY: Bank Holiday saw quieter trading throughout Asia; Trade balanced comes in with mixed resultsAUD: Job ads +1.5% on month; Internet job ads up +1.4%; Newspaper Ads +1.8%JPY: 2Q GDP falls sharpest...
Talking Points:USD/JPY Technical Strategy: Flat Support: 104.71, 104.12, 103.54 Resistance: 105.43, 105.77, 106.44 The US dollar may be carving out a top against the Japanese yen after...
Talking Points:GBP/USD Technical Strategy: Flat Support: 1.6215, 1.6113, 1.5950 Resistance:1.6296, 1.6378, 1.6459 The British pound is sinking yet again, plunging to the weakest level against the...
I woke up this morning with a phrase rattling around my head. All I could think of while getting ready and making my way into the office was “those who hate the calm, know nothing of the...
With only 10 days to go until the Scottish independence referendum, the “Yes” campaign has taken the lead in the latest survey conducted from YouGov, a British opinion research firm for...
EUR/USD - Weekly Report The pair dropped sharply last week and is approaching 88.6% correction at 1.2885 this week as showing on graph. The referred to level would be the interval intraday and this...
Market BriefFX traders begin the week focused on the economic data. JPY crosses remained well bid as the second quarter final GDP growth decelerated at the faster-than-expected pace of -7.1% q/q...
The Australian dollar surprised investors with its resiliency during this past week, as it managed to hold the ground against the strong and rising US dollar. Similarly, it held the ground against the...
The New Zealand Dollar has continued its bearish trend against the US Dollar ahead of the Reserve Bank of New Zealand’s decision on interest rates. The rate is widely expected to remain unmoved,...