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Tag Archives: forex crunch

Rocky end-of-month ahead [Video]

All traders are back from the long weekend and it’s getting busy: the Fed’s favorite inflation figure is key to the June decision. In the euro-zone, inflation figures feed into Thursday’s ECB meeting and for Australia it may be a ...

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US GDP Q1 revised to 0.8%

The United States was expected to upgrade the GDP estimate for Q1 2016 to an annualized level of 0.9% instead of 0.5% reported in the first release. See how to trade the US GDP with EUR/USD The US dollar gained some ground ahead of the publication. Later in the day we have a revision of...

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EUR/USD trading the range – all eyes on US GDP

After durable goods orders left the greenback leaning lower, we have more hard data from the US: an update on GDP. Will this help the greenback? EUR/USD is trading nicely in a well defined range ahead of the event. Also watch out for a late speech by Janet Yellen, yet ...

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Get Ready For A Hot Summer: How To Position? – BNPP

Sell in May and go away? Not so fast. This could be a wild ride from here onwards for EUR/USD. USD/JPY and lots more. Here is the view from BNP Paribas: Monday’s US Memorial Day and the UK Spring Bank Holiday mark the start of the summer season for many market participants...

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US Pending home sales rise 5.1% – EUR/USD slides in range

Sales of pending homes advanced 5.1% in April, better than a modest rise of 0.6% expected. While this may not be the most important indicator, not in absolute terms nor for the housing sector, this allows EUR/USD to slide back down in range. Earlier, durable goods orders beat expectations...

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Durable goods orders mostly beat – USD mixed

Mostly good news from the US: durable goods orders beat with +3.4%. In addition, the previous figure was revised up from 1.3% to 1.9%. Core orders are up 0.4%, also this comes on top of an upwards revision for March, which now flips from ...

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USD retreats ahead of hard data

The greenback slides against most currencies in an oil-inspired risk-on sentiment. Now, we finally get some hard data: durable goods orders will give us some significant figures on Q2 growth and investment trend eyed by the Fed. Also watch out for jobless claims, pending home sales and two Fed...

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AUD/USD pressured on low investment

Investment continues falling in Australia. Capital Expenditure (capex) dropped by 5.2% in Q1 2016, much worse than a fall of 3.2% predicted. there is a small silver lining with an upwards revision of Q4 from a rise of 0.8% to 1.8%. Nevertheless, this isn’t good news. The Reserve Bank of...

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EUR, GBP, CAD recover – Live Market Open

Oil prices are flirting around $50 and not only the Canadian dollar benefits. The pound enjoys optimism regarding the Brexit and the euro follows through after a few days on the back foot. We now get some hard data from the US. Join me for a live market open, hosted by FXStreet: walking though recent ...

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