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Dollar Rally: It's All About PayrollsEUR: Hit Hard By ECB Pledge To Keep Rates LowEUR/GBP: Seven Straight Days Of LossesCAD: Canadian Employment Numbers Due FridayAUD: Trade Surplus Turns Into Deficit...
Investors are snapping up U.S. dollars this morning as stronger non-manufacturing ISM and jobless claims fuel expectations for a solid non-farm payrolls report. EUR/USD dropped to a fresh six-week low...
Draghi HighlightsRates to be at present or lower levels for an extended period of time.EU lawmakers are wrangling in regards to the oversight of ECB minutes.Growth risks in the Euro region continue to...
The euro strengthened against the dollar on Thursday morning after stronger than expected economic data confirmed that the region's recovery was growing. The common currency traded at $1.32 following...
I'm seeing some weakness in AUD and decided to enter two small trades in two different AUD-based pairs. The charts below illustrate the entry point (black line), the stop loss level (red), and the...
Upside BiasA more resilient tone resurfacing with the advance from ahead of the trend line from the June low, which move up to 1.5485 on Thursday, having also held above a notable prop at 1.5420.We...
Fundamental EUR/USD – ‘What ever it takes’ message may continueMr Mario Draghi may play the same drum once again today so that that the market gets the sound which it received back...
Fundamental GBP/USD. There may not be any firecracker in BOE’s Bank RateThe FTSE 100 is trading higher during the early hours of trading. However, the volume is thin in the market as we are not...
Market CommentaryThe Dollar Index is trading at 82.36 with 82.50 ranges acting as intermediate resistance though the medium term trend which is still range bound between 80.80 and 84.50 ranges with...
EUR/USDCurrent level - 1.3176Still in the consolidation pattern above 1.3137 low, but I expect a break through the mentioned level to unleash a sell-off towards 1.3050, en route to 1.2950. Initial...