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Forex Analysis

Forex analysis provides analyst coverage of major currency price action

Dollar index fall is inevitable

Dollar index monthly chart Fundamental analysis on Macro US economy US GDP turned lower to 1.2%. This was the lowest growth rate in a year. US Non-Farm payroll decelerated despite unemployment rate is at 16-year low of 4.3% US Service ...

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USD/JPY loses 110 amid new reports of Russian hacking

The safe haven currency is in demand once again. The trigger is seemingly the report about Russian hacking into a US company that provides voting machines. According to a leaked report from the NSA, factors related to the Russian government ...

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AUD/USD recovers as RBA not worried about growth

The Australian economy probably slowed down in the first quarter of 2017. We will get the data tomorrow, but the Reserve Bank of Australia already encounters the figures in its rate decision. The RBA decided to leave the interest rate ...

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Weekly FX Update – 5 June 2017 (Video)

In this week’s FX update, Senior Market Analyst Craig Erlam discusses some of this week’s key themes impacting financial markets including Thursday’s general election in the UK. Craig also gives his analysis on EURUSD (1:36), GBPUSD (3:01), EURGBP (6:34), AUDUSD ...

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UK Services PMI misses with 53.8 – GBP slides

Markit’s purchasing managers’ index for the services sector was expected to slip from 55.8 to 55 points in May. The services sector is the largest in the US, and the publication usually has a significant impact on the pound. GBP/USD ...

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UK Services PMI misses with 53.8 – GBP dips

A slightly worse than expected print on Britain’s Services PMI: a score of 53.8 points, reflecting weaker growth. The previous PMIs were OK, but this is a significant miss, a drop of 2 points and coming from the largest sector. GBP/USD ...

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