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Tag Archives: usd

German ZEW misses with 6.4, current conditions higher

German ZEW Economic Sentiment comes out at 6.4 points, well below 12 points expected. On the other hand, the Current Conditions components missed with 53.1 points, above 48.9 predicted.  EUR/USD is not going anywhere fast, consolidating its earlier slide. The German ZEW Economic Sentiment was...

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USD/JPY Forecast May 23-27

USD/JPY posted gains for a third straight week. The pair gained 120 points, closing at 109.89. This week’s highlight is Tokyo Core CPI. Here is an outlook on the major events moving the yen and an updated technical analysis for USD/JPY. The Fed...

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Hard US data for the data-dependent Fed

The Fed is leaning to the hawkish side but stressed that it is data dependent. In the penultimate week of May, we get both an update on the worrying first quarter with updated GDP data as well as a look at Q2 with fresh durable goods orders. In addition, top...

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EUR/USD Forecast May 23-27

EUR/USD dropped to lower ground with the greenback doing most of the work. PMIs and two German surveys stand out. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. The Fed meeting...

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Trading The EUR Dynamics – Morgan Stanley

The euro is trading lower against both the rebounding US dollar and the re-surging pound. What’s next for the common currency? Here is the view from Morgan Stanley: Here is their view, courtesy of eFXnews: Next to Japan, EMU represents another case where the yield curve has been ...

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NZD/USD stages solid rebound from above 100-DMA

The overnight recovery in NZD/USD from seven-month lows gained further traction in the Asian session, as risk sentiment recovers after oil prices stabilize in the positive territory. NZD/USD finds support ahead of 100-DMA Currently, the NZD/USD pair trades ...

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