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The euro traded steadily on Monday morning as the Federal Reserve's tapering schedule and the threat of military action in Syria kept investors on edge. The euro was trading at $1.3175 at 6:45 GMT...
My esteemed colleague published a piece this weekend where he rightly predicted the Australian Dollar would gap higher on Monday as a result of the Australian elections. Those gaps ranged from +10...
EUR: Europe's Political WildcardDollar: All Eyes On SyriaAUD: More Signs Of Stabilization In ChinaNZD: Credit Card Spending Data On TapCAD: Extends Gains Despite Pullback In Oil PricesExpect...
The AUD/USD's daily chart has advanced to hit a three-week high, just short of the late August high at 0.9232 which was reached on a recovery from early August’s 0.8850-area multi-year low. The...
EUR/USDWeaker USD stemming from WSJ article by a prolific Fed watcher Jon Hilsenrath who said many Fed officials are undecided on whether to scale back bond purchases in September meant that the pair...
USD/JPY continues to flirt with the 100 level. The pair briefly pushed above the 100 level early on Monday, but then retracted. In the European session, the pair is trading in the mid-99 range. On...
Total holdings of gold held in exchange traded products dropped for the first time in four weeks last week by 1 ton to 1,953.7 tons (source: Bloomberg). Having reached 1,433.80 USD/oz on August 28,...
A neat combination of last Friday's somewhat weak US non-farm payrolls numbers (which reignited doubts concerning what had previously become almost a foregone conclusion about the September start to...
After breaking the upper line (red) of the triangle formation, buyers decided to take profits and sellers wanted to check if the grounds that this movement were built on, were strong enough to hold...
EUR/USD was taking the beating for almost four days in the last week. During the last day of trading, investors found out the most important data released monthly—the Non-farm Payroll. The data...
EUR/USDCurrent level - 1.3182A bottom has been set at 1.3104 and the intraday outlook here is already positive, for a rise towards 1.3220, en route to 1.3300 major resistance. Initial support on the...
The first real trading session after a contentious non-farm payroll print usually ends up being the quietest trading session for the entire month and this Monday seems bent on holding on to that...
Kiwi dollar has seen incredible rally last week, the largest gainer against USD W/W. Not only that, NZD was also the strongest currency against all majors, gaining 2.77% against an equally weighted...