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EUR/USD – Euro Steady as Markets Eye Draghi Speech
The euro has ticked lower in the Wednesday session, as the pair trades at 1.0870. On the release front, French data was better than expected. Industrial production posted a gain of 2.0%, above the...
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USD/JPY – Yen Steady as Political Storm Engulfs Washington
USD/JPY has ticked higher in the Wednesday session. In North American trade, the pair is trading just below the 114 line. On the release front, the Bank of Japan published its summary of opinions....
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GBP/USD – Pound Subdued Ahead of BoE Rate Decision, Manufacturing Production
GBP/USD is almost unchanged in the Wednesday session. In North American trade, GBP/USD is trading at 1.2950. On the release front, there are no major events in the UK or the US. Thursday will be busy...
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EUR/USD – Lack of Fundamentals Leaves Euro Subdued
The euro has ticked higher in at the start of the week. In Monday’s European session, EUR/USD is trading at 1.1220. There are no major releases out of the eurozone or the US. On Tuesday, Germany...
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USD/JPY – Yen Shrugs Off Soft Manufacturing Report
USD/JPY has edged higher at the start of the week. In Monday’s North American session, the pair is trading at the 110 line. On the release front, Japanese Core Machinery Orders declined for the first...
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GBP/USD – Election Fallout Sends Pound Lower
The British pound continues to lose ground in the Monday session, and is down 0.70 percent. In North American trade, GBP/USD is trading at 1.2650, close to 8-week lows. On the release front, there are...
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EUR/USD – Euro Remains Subdued, Markets Eye Yellen Testimony
The euro is having a quiet week, as the pair continues to stay close to the 1.14 line. On the release front, there are no major events out of the eurozone. With a lack of data so far this week,...
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EUR/USD – Euro Hits 14-Month High on US Political Risk
The euro has steadied on Wednesday, after recording considerable gains in the Tuesday session. Currently, EUR/USD is trading at 1.1460. Earlier in the day, the pair climbed to 1.1489, its highest level...
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DAX Posts Gains as Markets Optimistic Ahead of Yellen Testimony
The DAX index has posted gains in the Wednesday session, as the index is up 0.70% on the day. Currently, the DAX is at 12,525.50. On the release front, German WPI improved to 0.0%, but fell short of...
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USD/JPY – Yen Strengthens as US Political Risk Weighs on Greenback
USD/JPY has posted losses in the Wednesday session. In the North American session, the pair is trading just above the 113 line. On the release front, Japanese PPI was unchanged at 2.1%, matching the...
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EUR/USD – Euro Subdued as Investors Look for Cues
EUR/USD continues to have a quiet week. Currently, the pair is trading at 1.1751, down 0.01% on the day. On the release front, there are no German or European indicators on the schedule. In the US, the...
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USD/CAD – Canadian Dollar Shrugs Off Strong Canadian Housing Data
The Canadian dollar continues to have an uneventful week. In the North American session, USD/CAD is trading at the 1.27 line, up 0.17% on the day. On the release front, the focus is on Canadian housing...
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GBP/USD – Pound Unchanged, UK Manufacturing Report Next
The British pound is almost unchanged in Wednesday trade. In the North American session, the pair is trading at 1.2995, up 0.02% on the day. On the release front, US employment indicators missed their...
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Gold Jumps on North Korea Jitters
Gold has posted strong gains in the Wednesday session. In North American trade, spot gold is trading at $1272.93, up 0.97% on the day. On the release front, there are no major events on the schedule....
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EUR/USD – Euro Dips Below 1.20 as Risk Appetite Returns
The euro is almost unchanged in the Tuesday session, after recording considerable losses on Monday. Currently, the pair is trading at 1.1962, up 0.06% on the day. On the release front, it’s a...
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USD/CAD – Canadian Dollar Edges Higher on Soft US Inflation Reports
The Canadian dollar has posted slight losses in the Wednesday session. Early in the North American session, USD/CAD is trading at 1.2150, down 0.40% on the day. On the release front, US inflation...
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EUR/USD – Euro Edges Higher as Markets Digest Mixed US Jobs Data
The euro has ticked higher to start the week. In the Monday session, EUR/USD is trading at 1.1794, up 0.20% on the day. On the release front, there are no major eurozone events. The US will release...
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USD/JPY – Yen Ticks Higher, Japanese Manufacturing Report Misses Expectations
The Japanese yen has posted slight gains in the Monday session. In North American trade, USD/JPY is trading at 113.30, down 0.16% on the day. On the release front, Japanese BSI Manufacturing Index...
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GBP/USD – Pound Edges Lower on Weak Housing Inflation Report, CPI Next
The British pound has posted slight losses in the Monday session. In North American trade, GBP/USD is trading at 1.3353, down 0.26% on the day. On the release front, British Rightmove HPI declined...
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Gold Ticks Lower as JOLTS Jobs Openings Slips
Gold has started the week with small losses. In North American trade, the spot price for an ounce of gold is $1246.45, down 0.14% on the day. On the release front, JOLTS Openings softened to 6.00...
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