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Euro Zone and US Inflation Report caused jitters in the Euro

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There were few important releases earlier during the yesterday’s European and the New York session, including the French GDP, German GDP, Euro zone GDP,...

Euro Crushed As Draghi Indicates Action In June

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There were few important releases earlier during the yesterday’s European session, including the German industrial production data, Spanish industrial production data, BOE interest rate...

US Dollar lower post GDP data release, NFP next

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There were few important releases earlier during the yesterday’s European and NY session, including the German unemployment data, Euro zone’s inflation data, US GDP...

USDCAD to extend the downside on a break of 1.1000

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The Canadian dollar has recently lost some ground after setting a low at around the 1.0850 against the US dollar. The USDCAD pair is...

Weekly Recap: Market Sentiment Mixed As USD and GBP Looks Set...

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There was a series of important events lined up during this week, including the UK inflation and labor market report, Euro Zone inflation report...

OIL rally running out of steam

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Today we have an interesting opportunity for OIL. Oil has been rising for quite some time now, as the tensions in the Ukraine escalated....

US dollar recovered ground as Fed tapered again

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Yesterday in the NY session, one of the most important events of the week was scheduled. The Fed interest rate decision was lined up....

ECB and BOE unchanged, US Nonfarm Payrolls next

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Yesterday, two most important economic events were scheduled. The ECB and BOE interest rate decisions were on the tap. There was no surprise from...

The US dollar eyes FOMC meeting minutes and inflation data for...

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The US dollar has been declining for the several days now. The majors such as EURUSD, GBPUSD and AUDUSD has gained a lot of...

The Fed’s Yellen ignites further downside for the US dollar. What’s...

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On Tuesday at GMT 03:00 PM, the new fed chairman Janet Yellen testified before the US Congress. She is well-known for her dovish outlook,...

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