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Author Archives: Forex Crunch

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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CAD: A Game-Changing Month; What’s Next? – ING

The Canadian dollar advanced thanks to a hawkish tone from the BOC, amid a growing economy and despite falling oil prices. What’s next? Here is their view, courtesy of eFXnews: ING FX Strategy Research notes that June has been a game-changing ...

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USD/JPY channeled down – Forecast June 26-30

Dollar/yen dipped had a strong start to the week but petered out later on. The pair has been sliding as enthusiasm from the Fed’s hawkishness was replaced by skepticism. The chart shows lower highs and lower lows. This is a new ...

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EUR/USD Forecast June 26-30 2017

EUR/USD was under pressure as the dollar enjoyed some gains. Has the pair turned down? The last week of June features an important German survey and key inflation data. Here is an outlook for the highlights of this week and an updated ...

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Forex Weekly Outlook – June 26-30 2017

The US dollar enjoyed some strength thanks to the Fed’s hawkish hike. Can it continue advancing? The Fed can continue influencing currencies thanks to speeches from top Fed officials. In addition, we have housing data from the US and other events. Here ...

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Euro-zone PMIs are mixed – EUR/USD advanced anyway

Forward-looking purchasing managers’ indices are still pointing to solid growth in the eurozone’s biggest countries. Nevertheless, they are not beating expectations and are not advancing. France saw its manufacturing PMI beat expectations, rising from 53.8 to 55 points. The services PMI ...

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