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Author Archives: Forex Crunch

Non-Farm Payrolls 209K; wages +0.3% – USD up

The US was expected to report a gain of 183K jobs in July after 222K in June (before revisions). Wages were expected to rise 0.3% after 0.2% and they remain key. See the preview: Trading the NFP with EUR/USD – 3 ...

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GBP post BOE – can it continue falling?

The pound suffered from the BOE’s rate decision. The following press conference by Carney did not help. Yet this may not be the end of it. Can the pound continue falling? GBP/USD and EUR/GBP come into play: GBP: A Dovish ...

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AUD/USD recovers towards 0.80 – 3 reasons

The Australian dollar suffered a few setbacks after topping 0.80. However, it does not seem to give up. Not so fast. Here are three reasons tor the recovery of AUD/USD: 1 – Retail sales Retail sales surprised in Australia for ...

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USD/JPY: Will NFP Trigger A Recovery? – Barclays

The jobs report is already causing tension in the markets. We previewed the event with EUR/USD. Here is a view on the impact on USD/JPY: Here is their view, courtesy of eFXnews: Barclays Capital FX Strategy Research argues that the path ...

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Carney keeps the pound pressured

Mark Carney talks after the BOE’s “Super Thursday”: the rate decision, the meeting minutes and the Quarterly Inflation Report. Brexit is already taking some kind of toll on the economy. He also talks about the slowdown of the economy. He ...

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Elliott Wave Analysis: AUDUSD Daily and 4H Look

Today’s analysis is about AUDUSD and its daily and 4h time progress. We can see that the Aussie is trading in a bigger three-wave correction , since November of 2015 when a higher degree impulsive wave III had ended. The ...

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