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Tag Archives: major

Commodity currency play

AUD/NZD traders are dealing with RBA and RBNZ policy rates at 2% and 2.25% respectively. More importantly, the spread between yields on Australia’s 10-year government bonds and their New Zealand counterpart (AUD - NZD yields) is -0.4%, rising from -0.92% ...

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The Fed re-awakens – Live Market Open

From almost no chance for a Fed hike to a wide open door, the Fed went hawkish and the greenback certainly likes it. The Fed-fest is not over as today we’ll hear from a major dove, among other events. Join me for a live market open, hosted...

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US core inflation looks OK – USD looks strong

Prices advanced 0.4% in April 2016 m/m, slightly better than 0.3% expected. The rest of the figures met expectations with year over year figures reaching 1.1%. Core inflation rose 0.2% m/m and 2.1%. While this is slightly lower than last 2.2% in March, it is bang on expectations. ...

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Will inflation inflate the dollar?

After a light calendar on Monday, key inflation figures await traders exactly two weeks after turnaround Tuesday. While the greenback has lost some ground to commodity currencies, the jury remains out on major pairs, and this could be an opportunity to break to the upside or to the downside. Also watch out for ...

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AUD/USD Forecast May 16-20

AUD/USD posted losses for a third straight week, losing about 100 points last week. The pair closed at 0.7267. There are five events on the schedule this week. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD. In the US, key numbers were mostly positive last...

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USD/JPY Forecast May 2-6

USD/JPY posted huge losses, surging some 520 points. The pair closed at 106.23, its lowest level since October 2014. The upcoming week is very quiet, with just two events on the calendar. Here is an outlook on the major events moving the yen and an updated technical analysis for...

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EURUSD , GBPUSD , USDJPY and XAUUSD TA – April 20 2016

EURUSD Daily Analysis EURUSD (1.13): EURUSD posted some major gains yesterday after nearly three days of moving in a small range. Price is back trading above the $1.13 – $1.135 handle and could potentially threaten the $1.140 region. The 4-hour chart continues to show the hidden divergence, and unless EURUSD manages...

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GBP/USD Forecast April 11-15

GBP/USD reversed directions last week, as the pair dropped 100 points. GBP/USD closed the week at 1.4121. This week’s highlights are CPI and the Official Bank Rate. Here is an outlook on the major events moving the pound and an updated technical analysis for GBP/USD. In the US, ISM Non-Manufacturing PMI beat ...

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USD/JPY Forecast April 11-15

The Japanese yen continues to surge, as USD/JPY plunged 370 points last week. The pair closed at the 108 line. There are six events on this week’s schedule. Here is an outlook on the major events moving the yen and an updated technical analysis for USD/...

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