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Trading in the FX Market is more than just plotting indicators and placing an EA on a chart. Fundamentals are the catalyst and the driving force behind price moves, and if you aren’t keeping your ear to the ground, any one of a myriad of news events can seriously ruin your day. Bookmark this page to stay up-to-date on trending news and upcoming news events that affect your trading.

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UPCOMING FOREX NEWS EVENTS
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Oil prices rebound as trade tensions rumble in the background

Oil prices traded higher on Monday, set to recover much of what they lost last week, even as U.S.-China tensions lingered and rig activity in the U.S. pointed to production growth. On the New York Mercantile Exchange, May West Texas Intermediate crude CLK8, +2.14% rose $1.34, or 2.2%, to $63.40 a barrel. June Brent crude LCOM8, +2.21% the global benchmark, was up...

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FOREX Tech Targets 09.04.2018:GBP/USD, AUD/USD, NZD/USD - UOB

Despite the surprisingly strong rebound in GBP last Friday, we continue to view the price action as part of a ‘sideway trading’ phase. That said, the previously expected 1.3935/1.4100 consolidation range is probably too narrow and from here, a wider 1.3935/1.4160 range appears to be more representational of...

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GBP/USD consolidates in a range around 1.41 handle

The pair built on Friday's strong rebound from sub-1.4000 level, closer to 3-week tops, and finally moved past the 1.4100 handle following the release of stronger-than-expected Halifax UK HPI. The index came in to show a rise of 1.5% in March, marking the...

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GBP/JPY holds above 151.00 handle, near 2-month tops

The cross continued gaining traction at the start of a new trading week and held in positive territory for the fifth consecutive session. A slight improvement in investors' appetite for riskier assets, as depicted by...

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EUR/USD re-tests offers near 1.2285

Moreover, rising Treasury yields amid the divergent monetary policy outlooks between the Fed and ECB, with attention shifting towards this Wednesday’s FOMC minutes, also keep the recovery in check. Additionally, the funding currency, the EUR, tends to...

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Forex Today: Kiwi rallies hard in quiet Asia, Eurozone Sentix – Up next

Amongst the Asia-pac currencies, the Kiwi was the top gainer, closing out NZD shorts ahead of the key China data and FOMC minutes due this week. Meanwhile, the Aussie also held on to mild gains and neared the...

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Gold notches daily, weekly gain as trade jitters roil stocks, dollar

Gold futures on Friday logged a daily and weekly advance on the back of U.S.-China trade-war jitters, which flared up late Thursday and roiled global stocks, driving investors into assets perceived as havens. A mostly lackluster U.S. employment reading for the March, which nicked the dollar index and...

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FOREX Week Ahead:Trade War Anxiety and NFP Miss Sink US dollar

The US dollar is mixed against major pairs after the U.S. non farm payrolls (NFP) headline jobs number failed to meet expectations. The US added 103,000 jobs short of the 193,000 jobs forecast. Wage growth came in as anticipated at...

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USD/JPY extends correction and hits fresh lows under 107.00

USD/JPY printed a fresh daily low under 107.00. The pair has been moving to the downside since the release of the US employment report and accelerated during the last hours amid a decline in US stocks.

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EUR/USD finds strong support in the low-1.2200s

According to FX Strategists at Scotiabank, the pair appears to have found solid support in the low-1.2200s.

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Powell expected to dismiss hot-economy talk from Jamie Dimon and Janet Yellen

Federal Reserve Chairman Jerome Powell is expected on Friday to defend the central bank’s consensus that a gradual rate hike path this year remains appropriate despite a lot of chatter about the risk of an overheated economy from luminaries like his predecessor, Janet Yellen, and JPMorgan Chase’s Jamie Dimon.

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Pound nears six-week lows on dollar rebound, weak data

Since Britain signed a transition agreement last month for exiting the European Union, concerns about Brexit have abated as investors focus on the state of the UK economy before an expected interest rate rise in May.

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USD/JPY consolidates below 1-month tops, NFP awaited

The USD/JPY pair struggled to build on its intraday rebound from the 107.00 handle and was now seen oscillating in a range just below mid-107.00s, over 1-month tops.

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GBP/USD: Recovery remains capped below 1.4000, US NFP eyed

After a brief stint higher in the overnight trades, the GBP/USD pair fell back in the red zone, as the bulls failed to sustain above the 1.40 handle amid a renewed risk-aversion wave triggered by fresh US-China trade threats.

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Gold trades lower as trade-war tensions cool, dollar strengthens

Gold futures traded lower on Thursday, while the dollar strengthened and stocks extended Wednesday’s late-day revival, as concerns about a trade clash between the U.S. and China calmed.

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USD/CAD fades a bullish spike to 1.28 handle

The USD/CAD pair faded a bullish spike to the 1.2800 handle and quickly retreated around 30-35 pips from session tops.

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EUR/USD trims losses, back around 1.2270

The pair staged a rebound from lows around 1.2250.DXY is now coming under pressure after testing tops near 90.30. After bottoming out in the mid-1.2200s earlier in the session, a now softer tone around the greenback is allowing EUR/USD to rebound to the 1.2270/75 band.

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Dollar bounces as trade war fears fade

Investors have kept an eye out for any wider fallout from a Sino-U.S. trade dispute, after Beijing on Wednesday proposed tariffs on U.S. imports including soybeans, planes, cars, beef and chemicals. The yen, often sought in times of market turmoil and political tensions, had rallied as U.S. shares tumbled on Wednesday after China imposed retaliatory tariffs on U.S. goods.

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GBP/USD once again rejected near 1.41 handle, UK PMI eyed

The GBP/USD pair once again met with some fresh supply near the 1.4100 handle and retreated around 50-pips from session tops. Bulls struggled to maintain their dominant position, with a modest US Dollar rebound, amid easing US-China trade tensions, prompting some fresh selling near the 1.4100 supply zone.

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FOREX Tech Targets 05.04.2018: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - UOB

Weakened undertone increases risk of a deeper pull-back. No change in view.We have held a neutral stance for about a month now and since then; EUR has been trading within a relatively narrow 1.2237/1.2476 range.

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AUD/JPY bulls attacking the 82 handle as risk-off eases

The AUD/JPY is trading at around 82.20 up 0.33% on Wednesday as investors are momentarily shrugging-off trade war fears and selling the Japanese yen which is seen as a safe-haven in times of market fears.

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GBP/USD rebounds sharply, 1.4100 back on sight

The GBP/USD pair quickly reversed an early NA session fall to 1.4015 level and has now recovered around 60-65 pips from session lows.

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GBP/USD extends UK PMI-led downfall, slips below mid-1.4000s

The British Pound started losing ground after data released on Wednesday showed activity in the UK construction sector unexpected dropped into contraction territory, with the Markit UK construction PMI coming in at...

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Dollar sags versus yen as trade tensions dim outlook

The dollar eased against the yen on Wednesday, with the outlook clouded by worries that escalating U.S.-China trade tensions could exert a toll on the global economy and U.S. growth. The dollar fell 0.1 percent to 106.50 yen, giving back some of the...

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Forex Tech Targets 04.04.2018 : EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - UOB

We have held a neutral stance for about a month now and since then; EUR has been trading within a relatively narrow 1.2237/1.2476 range. That said, shorter-term price action has been erratic and the...

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EUR/USD weakens farther below 1.23 handle, drops to near 2-week lows

After an initial uptick to 1.2335 area, the EUR/USD pair met with some fresh supply and dropped to near two-week lows during the early NA session. The pair finally broke down from its 3-day old trading range and retreated farther below the 1.2300 handle.

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Dollar falls on U.S.-China trade dispute but broader currency markets calm

The dollar fell on Tuesday on concerns about U.S.-China trade tensions, although foreign exchange markets were largely unmoved and shrugged off what the dispute could mean for global growth.Equity markets in the United States sold off heavily on Monday as investors fled technology shares and...

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USD/CAD retreats back to the lower end of a 5-day-old trading range

The pair extended overnight rejection slide from the 1.2940-50 heavy supply zone and was now being weighed down by some renewed US Dollar weakness, led by reviving worries over a...

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Forex Tech Targets 3.4.2018 : EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - UOB

No change in view.The recent erratic price action has resulted in a mixed outlook. Indicators are mostly ‘flat’ and at this stage, there is no early indication that EUR is ready to embark on a sustained directional move. In other words, the month-long neutral phase is...

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Forex Today: Aussie nears 0.7700 post-RBA, UK manufacturing PMI in focus

Forex today was a quiet affair in Asia this RBA Tuesday, with risk-aversion back in vogue amid the re-emergence of the US-China trade war fears after China retaliated to the US tariffs. Despite persisting risk-off flows, most higher-yielding assets were...

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AUD/USD at a brink of breaking lower

The Aussie remains among the weakest currencies across the FX board, as early USD weakness saw the pair barely advancing up to 0.7694, while a resurgent greenback after the US opening pushed the pair near the 2018 low set last week at 0.7642.

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USD/JPY bulls hold 106 handle ahead

The USD/JPY is trading at around 106.19 slightly lower on Easter Monday as the market is driven by sentiment and renewed fears of trade wars between the US and China. The Asian superpower said earlier on Monday that it imposes trade tariffs on pork and fruits from the United States.

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USD/CAD flirting with daily lows around 1.2870 ahead of data

The pair is flirting with recent lows in the 1.2875/70 band on Monday following a softer tone surrounding the greenback and a bid bias around crude oil prices.

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Dollar steady vs yen, traders wary over global trade tensions

The dollar held steady against the yen on Monday, taking a breather after last week’s rally and as it treads cautiously amid lingering concerns over a U.S.-China trade spat.The U.S. currency had risen against the yen last week, helped by signs China and the United States were working behind the scenes to avoid a full-blown trade war, and...

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EUR/GBP slides back closer to Friday’s swing lows, around 0.8765-60 region

After an initial uptick to 0.8785 level, the EUR/GBP cross came under some selling pressure and retreated back to Friday's low. The cross continued with its struggled to build on its recent recovery move from near 9-month lows, set on March 22 and...

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FOREX Tech Targets 02.04.2018: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - UOB

The recent erratic price action has resulted in a mixed outlook. Indicators are mostly ‘flat’ and at this stage, there is no early indication that EUR is ready to embark on a sustained directional move. In other words, the month-long neutral phase is intact and we expect EUR to continue to trade choppily within...

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Why is the downside in play for the GBPUSD after a run higher in March?

The GBPUSD's low came in at 1.3711 on the very first day of the trading month (on March 1). The price high peaked on Monday and Tuesday at 1.4244. After peaking on Tuesday, March 26th, the price closed lower on Tuesday, Wednesday, and Thursday.

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Capital Markets in April

For the best part of 24-months, equity markets have rallied steadily, matching the longest winning streak ever without a correction. That period ended abruptly in February when global stock indices tumbled into a correction brought on by worries about higher interest rates and exacerbated by complacency and a new threat of ‘trade wars.’

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FOREX Week Ahead:US Dollar Rises Ahead of Jobs Data

The US dollar gained against major pairs thanks to strong economic indicators and the end of month and quarter flows. The greenback had a positive week ahead of the easter holiday. The first week of April will kick off with a plethora of US economic data, the most important of all...

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Dollar stalls after rally, braces for headwinds in new quarter

The dollar stalled against its peers on Friday as the recovery is seen earlier this week petered out ahead of the new quarter, which could potentially bring renewed pressure on the greenback.

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USD/CAD recovers early lost ground, jumps back to 1.29 handle

The USD/CAD pair has managed to recover early lost ground to a three-day-old trading range support and is now looking to move back above the 1.2900 handle.

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EUR/USD – Euro Slightly Higher in Holiday Trade

German inflation increased in March by 0.4%, just shy of the estimate of 0.5%. On an annual basis, German inflation stands at 1.5%, shy of the ECB target of around 2%, but high enough to warrant discussions about a change in the ECB’s monetary policy. Eurozone inflation stands at...

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USD/CAD slides back to 3-day old trading range support near 1.2860 area

The USD/CAD pair broke down of its Asian session consolidation phase and dropped back to the three-day-old trading range support near the 1.2865-60 region. The pair sudden fall of around 30-pips over the past hour or so lacked any fundamental trigger and...

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GBP/USD stages a goodish rebound from 1.40 neighborhood

The pair stalled this corrective slide from near 2-month tops and managed to defend the key 1.40 psychological mark on the back of a subdued US Dollar price action, which forced traders to lighten their...

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Forex Today: Bond yields drop hard, USD recovers ahead of Easter

The dollar index (DXY) has appreciated by 1.45 percent in the last two days, reportedly due to the unwinding of shorts ahead of the quarterly closing. While that may be true, the unwinding of shorts could be more due to easing receding trade war fears, easing tensions in the...

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EUR/USD supported at 1.23 handle post US-data

The EUR/USD is trading at around 1.2323 virtually unchanged on Thursday as the Easter break will likely see the markets entering smaller ranges. The next market-moving event should be the inflation numbers in the Eurozone with the Consumer Price Index next Wednesday at 9:00 GMT and the report from the ECB Monetary Policy Meeting Account on...

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USD/CAD – Canadian Dollar Steady Ahead of GDP

The Canadian dollar continues to trade quietly. In the Wednesday session, USD/CAD is trading at 1.2905, down 0.14% on the day. On the release front, Canada releases the monthly GDP report and the Raw Materials Price Index. There are a host of key indicators in the US, led by unemployment claims and consumer confidence. The markets are expecting unemployment claims to...

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Dollar holds its gains as trade war fears recede; euro edges lower

The dollar held on to its gains on Thursday after a big rise in the previous session, but traders said the outlook for the greenback remained negative as it headed for its fourth consecutive quarter of losses.

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GBP/USD holds weaker near multi-day lows, around mid-1.4000s post-UK data

The GBP/USD pair held on to its weaker tone for the third consecutive session, albeit managed to recover some lost ground post-UK economic data. The British Pound gained some traction, lifting the pair back above mid-1.4000s, after a surprisingly lower than expected...

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FOREX Tech Targets 29.03.2018: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY

The sharp decline in EUR yesterday after the strong advance that hit a high of 1.2476 earlier this week came as a surprise. The rapid swings have resulted in a mixed outlook. Indicators are mostly ‘flat’ and the neutral phase that started early this month is still in place. From here, we expect...

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Forex Today: Yen rebounds in Asia, UK GDP, German CPI

Forex today witnessed a quiet, with no major economic events on the cards, as volumes dry out heading into the Easter weekend. Broad-based USD strength faded in Asia, as mixed market sentiment weighed down on Treasury yields while a lack of fresh catalysts also kept the bulls on the back foot.

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WTI turns positive, challenges $65.00 post -EIA

Prices of the American reference for the sweet light crude oil are trading close to the $65.00 mark per barrel today following the DoE’s report, where US crude oil inventories increased more than...

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Gold sits at multi-day lows, below $1340 ahead of US GDP

A strong US Dollar recovery, triggered by easing global trade war fears and further boosted by positive news over the issue of denuclearization in the Korean Peninsula, has been one of the key factors weighing heavily on...

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GBP/USD rejected near 1.42 handle, turns lower for second straight session

Having faced rejection at the 1.42 handle, the GBP/USD pair dropped to fresh session lows during the early European session and is now trying to stabilize around mid-1.4100s.The pair's overnight rebound from multi-day lows was being capped by resurgent US Dollar demand...

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EUR/USD off-lows, re-takes 1.2400 ahead of US GDP

The EUR/USD pair stalled its Asian recovery mode near 1.2420 levels and came under heavy selling pressure on the European open, as the bears eyed a break below the 1.2375 support area. However, fresh buyers emerged near the last, prompting a quick recovery in the spot, in a bid to regain the 1.24 handle.

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Forex Tech Targets 28.03.2018: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY

We highlighted yesterday (26 Mar, 1.2365) that the “recent mild downward pressure has eased” and that EUR is expected ‘to trade sideways between 1.2240 and 1.2450”. However, the subsequent rapid rise that hit an overnight high of 1.2462 was unexpected. The sharp up-move has shifted...

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Forex Today: Yen sold-off into N. Korea comments, US GDP in focus

Despite the risk-off sentiment induced by the sell-off in the Asian equities and oil prices, the Japanese currency was heavily offered, as optimistic comments from the North Korean leader Kim Jong-Un about denuclearization of the Korean Peninsula revived hopes of the peace talks between the US and N. Korea. Meanwhile, the US dollar...

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USD/JPY steady above 105.50, consolidates gains

USD/JPY is consolidation gains. During the last hours, it has been moving on a small range between 105.55/70. It was trading at 105.60, about to test the lower limit of the mentioned range. The Greenback was still up for the day and far from...

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EUR/GBP flirting with session tops near 0.8800

The now softer tone around the Sterling and the single currency has pushed EUR/GBP to daily tops in the 0.8800 neighborhoods, where it now seems to have found tough resistance.

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Euro hits fresh five-week high as risk appetite creeps back in

The euro rose to a new five-week high on Tuesday with receding fears of a global trade war hurting the dollar and encouraging investors to resume their bets on a stronger single currency.

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FOREX Tech Targets 27.03.2018:EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY

We highlighted yesterday (26 Mar, 1.2365) that the “recent mild downward pressure has eased” and that EUR is expected ‘to trade sideways between 1.2240 and 1.2450”. However, the subsequent rapid rise that hit an overnight high of 1.2462 was unexpected. The sharp up-move has shifted the immediate pressure to the upside and for the next few days, we expect EUR to...

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EUR/USD sidelined around 1.2450 ahead of data

The pair’s upside momentum remains well and sound on Tuesday despite it is now struggling to overcome the critical resistance area in the mid-1.2400s.The sell off in the greenback as of late plus now alleviated concerns over a potential US-China trade war, particularly following recent announcements of US tariffs on Chinese imports...

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Gold marks longest streak of session gains since January

Gold futures rose for a fourth straight session Monday, marking their highest settlement in just over five weeks as investors eyed trade tensions between the U.S. and China and their impact on the U.S. dollar and stock market.

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NZD/USD bulls challenge 0.7300 ahead of Fed’s Mester speech

The NZD/USD is trading at around 0.7290 up 0.90% as earlier in the Asia session, the New Zealand trade data showed strong exports at 4.46b while imports were at 4.24b in February resulting in a positive Trade Balance of 217m in February.

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AUD/USD retreats from highs, remains capped below mid-0.7700s

The AUD/USD pair trimmed some of its early strong gains and quickly retreated around 25-30 pips from session tops.

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WTI extends correction from 2-month tops, near $ 65.50

WTI (oil futures on NYMEX) extends its retreat from two-month tops, correcting a part of last week’s rally, as Friday’s bearish US drilling report and looming US-China trade war concerns continue to dampen the investors’ sentiment. The number of rigs count in the...

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EUR/USD bid around 1.2370/80, focus on risk trends

The index is advancing for the second session in a row so far today and continues to erode the critical resistance line off YTD tops around 1.2370. Looking at the broader picture, however, spot remains...

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Forex Today: Risk-recovery knocks-off the Yen, a light calendar ahead

Forex today was mainly driven by risk flows, with a major turnaround in the risk condition experienced amid ebbing fears over the US-China trade war. The WSJ reported that the US and China are quietly seeking trade solutions after last week’s war of words. Subsequently, the demand for the safe-havens such as...

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Sterling set for biggest weekly rise in eight after Brexit, BoE boosts

Sterling made further gains against the dollar on Friday and was set for its best week in eight after Britain agreed a Brexit transition deal and investors got some clarity over a possible interest rate hike in May.The British currency added 0.4 percent to trade at $1.4151, bringing week to date gains to 1.49 percent.

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FOREX Week Ahead: US Dollar Falls as Trade War Anxiety Triggers Flight to Safety

The US currency is weaker against all major pairs as US tariffs targeting China were announced. The USD was trading higher on Wednesday after the U.S. Federal Reserve hiked interest rates by 25 basis points as anticipated. Fed Chair Jerome Powell was neutral on his first press conference but...

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GBP/USD posts third consecutive weekly gain as rally gains momentum

GBP/USD rose on Friday and recovered from yesterday’s losses. The pound resumed the rally and climbed back above 1.4100. The pound was about to end the week with strong gains.

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Oil futures settle at an 8-week high

Oil futures rallied Friday to their highest settlement in eight weeks, scoring a gain of roughly 5.6% for the week.

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GBP/USD quickly reverses a dip to sub-1.4100 level, US durable goods eyed

A modest US Dollar rebound, backed by a goodish pickup in the US Treasury bond yields, turned out to be one of the key factors capping any up-move. However, Thursday's hawkish BoE vote spilt, coupled with the recent Brexit optimism continued lending some support to the British Pound and helped limit any further downside.

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EUR/USD unmotivated around 1.2330, US data on sight

The pair is trading close to the upper end of the weekly range above the key 1.2300 milestone, reverting yesterday’s retracement albeit still unable to break above the critical short-term resistance line off YTD tops, today at 1.2365.

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US Dollar bounces off lows, still depressed near 89.70

The US Dollar Index (DXY) – which gauges the buck vs. its main competitors – has faded Thursday’s advance and has now returned to the area of session lows near 89.60.

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FOREX Tech Targets 23.03.2018: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY

EUR edged briefly above the key 1.2385 resistance yesterday but eased off quickly after touching a high of 1.2383. Despite the breach of the strong resistance, we continue to see chance for a test of the strong 1.2200 support in the coming days. That said, the prospect for such a move has diminished considerably and would continue to decrease unless EUR can move and stay below 1.2270 within these 1 to 2 days.

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Gold settles at a more than 2-week high

Gold futures climbed Thursday to settle at their highest in more than two weeks, as the precious metal tracked a dollar hemmed in by signs the Federal Reserve would adhere to a more-conservative script with interest-rate policy this year.

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NZD/USD bulls running out of steam at 0.7260 wall

The NZD/USD is trading at around 0.7228 virtually unchanged on the day so far as the market is digesting yesterday’s Fed rate hike. While most participants were very upbeat and expecting four rates in 2018, the market was disappointed and preferred selling the US dollar across the board.

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USD/JPY drops to 2-week lows, around mid-105.00s

The USD/JPY pair extended its post-FOMC retracement slide from one-week tops and is currently placed at over 2-week low, around mid-105.00s...

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GBP/JPY retreats from 1-month tops, focus remains on BoE

The GBP/JPY cross snapped three consecutive days of winning streak and eroded a major part of previous session's up-move to one-month tops...

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Gold inches back closer to 2-week tops on softer USD

Gold quickly reversed an intraday dip to $1327 area and moved within striking distance of 2-week tops, set in the previous session. The precious metal rebounded sharply from three-week lows on Wednesday after the Fed raised interest rates by 25bps but stuck...

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EUR/USD in mid-range near 1.2350 ahead of IFO, PMIs

Spot gathered further steam following the FOMC meeting on Wednesday, where the Federal Reserve raised the overnight funds rate to a range of 1.50%-1.75%, broadly in line with market expectations.

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USD/JPY very quiet before Fed's storm

The USD/JPY is trading at around 106.30 down 0.20% so far as the FOMC rate decision is quickly approaching.

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USD/CAD potential test of 1.2950 in the near term

FX Strategists at Scotiabank now shifted their outlook on USD/CAD to bearish in the shorter horizon, allowing at the same time a probable visit to 1.2950.

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AUD/USD hits fresh YTD lows, FOMC decision in focus

The AUD/USD pair struggled to build on early tepid recovery move and fell to fresh three-month lows in the last minute...

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Dollar slips as traders wait for Fed hints on future rate rises

The dollar moved lower against most major currencies on Wednesday, with traders booking some profits ahead of the Federal Reserve decision and press conference, which could provide more clarity on the future path of interest rates...

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EUR/USD: Bulls poised to regain 1.2300 ahead of Fed meeting

The EUR/USD pair is on a steady recovery mode from 1.2240 levels so far this Thursday, as the bulls make a comeback amid fresh USD selling across the board...

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FOREX Tech Targets 21.03.2018:EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY

While we highlighted yesterday that we “continue to see chance for EUR to move lower and test the strong support at 1.2200”, the pace of the sharp decline yesterday that managed to edge below the 1.2240 support came as a surprise (overnight low of 1.2237). The strong down-move reinforces our view and we continue to expect...

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EUR/GBP: what will it take to break down to 0.8527 bear target?

EUR/GBP bears are eyeing the previous day's low of 0.8745 where, although the UK's data overnight where UK CPI slipped to 2.7% in Feb (from 3.0% in Jan and against market expectations for a drop to 2.8%. PPI input and factory gate prices were also below forecasts for the month), dented the pound's advance, focus remains on the...

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WTI regains $63.00 and above, 3-week highs

Prices of the WTI are prolonging the recent upside and have now regained the area beyond the $63.00 mark per barrel, moving to the...

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EUR/USD tumbles to lows near 1.2310 post-ZEW

The selling pressure around the European currency is now picking up pace and is forcing EUR/USD to drop to the 1.2515/10 band, or session lows...

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USD/JPY jumps to fresh multi-day tops and retreats

The USD/JPY pair moved past 106.30-40 supply zone and spike to fresh multi-day tops in the last hour, albeit quickly retreated few pips thereafter. Against the backdrop of a subdued US Dollar price action, a goodish pickup in the US Treasury bond yields assisted the pair to...

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Forex Tech Targets 20.03.2018: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY

EUR edged to a low of 1.2256 before staging a surprisingly strong rebound. However, as highlighted yesterday (19 Mar, spot at 1.2285), only a move back above 1.2385 would indicate that the current downward pressure has eased. Until then, we continue to see chance for EUR to...

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Stock-market selling relatively orderly, according to one gauge of panic, despite Dow's 480-point tumble

The Dow Jones Industrial Average DJIA, -1.54% tumbled more than 480 points at its lows, heading for its steepest drop since Feb. 8, but selling is relatively calm, according to one measure of market internals.

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USD/CAD retreats from 2018 tops, around 1.3080

After clinching fresh 2018 tops in the 1.3130 regions during early trade, USD/CAD has now faded part of that advance and trades in the 1.3080 regions.

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EUR/USD turns positive near 1.2300 on renewed USD-weakness

After testing fresh lows in the 1.2260/55 band earlier in the session, spot seems to have found buying interest along with a softer tone now surrounding the buck. In fact, tracked by the US Dollar Index (DXY), the greenback has abandoned the area of daily highs in the...

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FOREX Tech Targets 19.03.2018: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - UOB

The ease of which EUR took out the strong 1.2270 support was not exactly expected. As highlighted last Friday (16 Mar, spot at 1.2305), a break of this level would indicate that the immediate pressure has...

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Fresh concerns over politics drives Nikkei lower at the start of the week

Prime Minister Shinzo Abe is facing mounting pressure over a land-sale scandal that has been hanging over Japanese markets and the government for a year. Fresh polls show Abe’s approval rating has taken a hit, while local reports suggest the

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Dollar gains on data, yen up on U.S. political uncertainty

The dollar rose against most currencies on Friday, bolstered by solid U.S. economic data that further supported consensus expectations that the Federal Reserve will raise interest rates at next week’s monetary policy meeting...

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NZD/USD weakness compounded by US data and Fed expectations of upgraded rate projection, next week

The NZD is currently trading at around 0.7214 after declining approx 130 pips in the last 24 hours as the 2-year benchmark yields are at their highest since 2008. The Kiwi started its decline two days ago as the New Zealand GDP data came in below expected, in an...

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