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Forex Analysis

Forex analysis provides analyst coverage of major currency price action

Spain Industrial Output Growth Eases In June

Spain’s industrial production grew at a slower pace in June, data from the statistical office INE showed Friday. Industrial production grew by calendar-adjusted 2.7 percent year-on-year in June, slower than the 3.3 percent rise in May. On an unadjusted basis, ...

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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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German Factory Orders Rise More Than Forecast

Germany’s factory orders increased more than expected in June driven by domestic demand, data from Destatis showed Friday. Orders grew 1 percent in June from May, when they increased by revised 1.1 percent. Orders were forecast to grow moderately by ...

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