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As we are heading towards the weekend, the dollar is beginning to come back to life again. A lot of investors and analysts were left scratching their heads after Wednesday’s dramatic moves in...
Early next week features some key releases from Australia, including the minutes from the last Reserve Bank of Australia (RBA) monetary policy meeting in early February, and the quarterly Wage Price...
As the US dollar continued its persistent slump on Thursday despite enduring expectations of higher US inflation and interest rates, the EUR/USD rose to revisit major resistance around the 1.2500...
Overshooting EUR/USD made a drastic rise, reaching the 1.25 range and heading toward 1.2537. Hourly resistance is now at 1.2537 (25/01/2018 high) while hourly support is maintained at 1.2165...
Figures showing hotter than anticipated US inflation in January produced, upon first glance, a surprising reaction in global markets. Higher US inflation, which by its nature should mean higher US...
by Noreen BurkeAs nations look to scale back monetary stimulus without pushing the value of their currency higher, at a time when inflation remains stubbornly low, it appears the stakes have been...
Europe Charges Higher, Dollar Remains Weak Post US Inflation DataIndices across Europe are seen opening higher as positive sentiment spills over from US and Asia. Despite an early sell off on Wall...
What a dramatic day it turned out to be. US inflation data surprised to the upside while retail sales disappointed. The dollar jumped then sold off. Stock indices also fell sharply before bouncing...
The last jobs report is still in everybody’s mind as it had some unexpected consequences. Indeed, the upside surprise in wage growth triggered last week's equity sell-off and sent equity...
Japan's Q4 2017 real GDP rose 0.1% Q/Q and annual 0.5% Q/Q, below expectation for annualised 1.0% increase. However, the Japanese economy has now experienced two years of growth. In a marginal shift,...
Increase maintainedEUR/USD broke resistance at 1.2356 (24/01/2018 high) and challenges the 1.24 range. New hourly resistance is now at 1.2537 (25/01/2018 high) while hourly support is maintained at...
Below you'll find a technical analysis on the major forex pairs: AUD, CAD, CHF, EUR, GBP, JPY, NZD
The pound staged a small rally after this morning’s publication of the latest UK inflation figures, before giving back a sizeable chunk of its gains against the dollar. It actually turned...
EUR/USD has been trading within a wide range since mid-January, as investors remain sceptical about further gains. After hitting 1.2537 on January 25th, the single currency has been grinding lower and...
Below you'll find a technical analysis on the major forex pairs from Live Trading Room: AUD, CAD, CHF, EUR, GBP, JPY, NZD, DXY