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Author Archives: Forex Crunch

Draghi drag? EUR/USD makes a small bow

The economic situation in the euro-zone is improving. While Draghi had to acknowledge this, he sticks to his stance regarding accommodative monetary policy. Draghi spoke at a conference in Portugal and said that interest rates have to be low for ...

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USD/JPY – is it on the up and up? 3 opinions

USD/JPY is trading at the 111 handle, in the middle of the 108.10 to 114.30 range. The pair well represents the ebb and flow in the US dollar. What’s next? Here are some opinions? Here is their view, courtesy of ...

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GBP/USD Forecast June 25-29

GBP/USD dropped almost 2 cents during the week, before rebounding and closing the week down 70 points. The pair closed the week down 70 points, closing at the 1.27 line. The pair closed at 1.2776. There are 7 events this week. Here ...

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USD/CAD Forecast June 25-29

USD/CAD gained 50 points last week, as the pair closed at 1.3264. This week’s key event is GDP. Here is an outlook on the major market-movers and an updated technical analysis for USD/CAD. The Canadian dollar jumped following hawkish remarks from BoC Governor ...

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AUD/USD Forecast June 25-29

AUD/USD reversed directions last week and posted slight losses. The pair closed at 0.7559. There are just three events this week. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD. In the US, some policymakers reiterated ...

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GBP/USD: High uncertainty amid the Brexit Anniversary

One year after Britain voted to leave the European Union, GBP/USD is still lower. What’s next amid this uncertainty? Here is their view, courtesy of eFXnews: GBP: Maximum Uncertainty To Bite N-Term But Staying Bullish M-Term – Barclays Barclays Capital ...

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