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Tag Archives: investment

Euro-zone inflation at -0.1% as expected

Euro-zone inflation ticks up from -0.2% to -0.1%, as expected. This is the fourth consecutive month of a negative number, but it can be blamed on oil prices. The unemployment rate remains at 10.2% also as expected. Also core inflation comes out as predicted...

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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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UK GDP 0.4% q/q but only 2.0% y/y

A small miss on year over year GDP: 2% instead of 2.1% initially reported and expected. Quarter over quarter, things are bang on expectations at 0.4%. Business investment missed with a fall of 0.5% against 3.2% expected. Also the BBA’s mortgage approvals did not meet expectations by sliding to 40.1K against 44.8K predicted. ...

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EURUSD , GBPUSD , USDJPY and XAUUSD TA – May 26 2016

EURUSD Daily Analysis   EURUSD (1.118): EURUSD is looking to post a retracement with price action currently bullish following yesterday’s spinning bottom candlestick pattern that was formed after breaking below 1.120 support. On the 4-hour chart, the retracement is evident after the past few ...

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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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Elliott Wave Analysis on GOLD and German DAX

GOLD Gold keeps falling sharply which now looks like an extended five wave drop from 1288 so the whole decline from 1303 is rather impulsive than corrective. We are looking now at wave 3) in progress that may find a support in the near term around 1200-1215 for a short-term recovery ...

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GBP/USD – Trading the Second Estimate GDP

British Second Estimate GDP, one of the most important economic releases, is published each quarter. GDP measures production and growth of the economy, and is considered by analysts as one the most important indicators of economic activity. A reading which is better than the market forecast is...

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EUR/USD to 1.05 and USD/JPY to 1.25 – Goldman Sachs

The team at Goldman Sachs remain dollar bulls and release upbeat targets for the greenback against its major peers. Here is their view, courtesy of eFXnews: Our big picture views are well known. We are Dollar bulls, since we think the 300 bps tightening cycle our US economists forecast ...

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