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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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US Dollar flirting with 5-day highs near 90.30

The buck reverted the initial negative stance following a string of better-than-expected results in today’s US docket. In fact, Industrial Production, Capacity Utilization and JOLTs Job Openings all surprised to the upside, while advanced Consumer Sentiment came in at 102.0 for the current month, the highest level since 2004.

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WTI consolidates above $61.00 mark, rising supply concerns capping gains

In its monthly report released on Thursday, the IEA increased its global oil demand growth forecast for 2018 and remained supportive of the commodity's minor uptick. The positive outlook, to some extent, was negated by...

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USD/CAD consolidates near 8-1/2 month tops, just above mid-1.3000s

The USD/CAD pair was seen oscillating in a narrow trading range and consolidated overnight strong gains to 8-1/2 month tops. The pair has managed to hold with modest gains and seemed rather unaffected by the...

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Forex Today: White House turnover spurs Asia risk-off, Eyes on EZ CPI

The overnight US dollar rebound lost legs in Asia on the final trading day of this week, as the White House woes returned to markets, with Trump looking to fire the US National...

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Asian markets struggle at the close of a choppy week

Many Asia-Pacific stocks were down modestly midday Friday, with markets getting little direction from European and U.S. activity overnight after what has been a choppy trading week...

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GBP/USD fighting for 1.4000 amid geopolitical turmoil

The GBP/USD is currently trading at around 1.3950. The pound fell 50 pips in the early European session amid escalating tensions between the UK and Russia...

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EUR/USD neutral, bullish breakout likely

In light of FX Strategists at Scotiabank, the pair could break above the current consolidative theme.

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EUR/USD flirting with lows, around mid-1.2300s ahead of US data

The EUR/USD pair extended its steady decline from an intraday high level of 1.2384 and has now dropped to fresh session lows. The pair extended its overnight retracement slide from multi-day tops, triggered by the...

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GBP/USD meets fresh supply, tests 1.3950 ahead of US data

The GBP/USD recovery once again lost legs just below the 1.40 mark, now pushing the rates to break through the midpoint of the 1.39 handle, as the demand for the greenback has returned to the markets amid ebbing fears of a global trade war. The USD index extends recovery from 89.62 lows to now trade near...

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Asian markets claw back some ground as investors go bargain hunting

Stocks in Japan and Hong Kong initially dropped by more than 1% following falls in major U.S. benchmarks overnight, but as investors perceived overselling they stepped in and pushed the Nikkei and the Hang Seng back into positive territory. Hong Kong’s recovery was...

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Forex Today: Yen outperforms on trade war fears, SNB decision in focus

The overnight risk-off market profile extended into Asia this Thursday, as lingering worries over a potential global trade war continued to kill the demand for the risk assets while boosting the safe-havens such as the Yen, Swiss franc, and gold. The sentiment soured on mounting concerns over...

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Oil edges higher as U.S. crude supplies jump, but gasoline stocks drop

Oil prices notched a modest gain on Wednesday, as gasoline futures climbed on the back of a hefty decline in U.S. supplies of the motor fuel, offsetting earlier pressure from a bigger-than-expected rise in crude supplies.

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Dollar claws back gains as euro weakens on Draghi concern for subdued inflation

The U.S. dollar retraced some losses achieved after Wednesday data, but remained in a close trading range. The euro a notable decliner after European Central Bank President Mario Draghi expressed concern with subdued inflation in the eurozone.

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USD/JPY flirting with daily lows, below mid-106.00s ahead of US data

The pair's latest leg of fall over the past few hours lacked any obvious fundamental trigger and could be attributed to some long-unwinding trade, especially after the recent repeated failures to sustain/build on...

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EUR/GBP slides back closer to 100-DMA support, near mid-0.8800s

After yesterday's modest rebound, the cross resumed with its prior depreciating slide and so far, traded with a negative bias for the fifth session in the previous six.This coupled with a disappointing EZ industrial production data, showing a...

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Forex today: political turmoil in White House and data send dollar off a cliff

Forex today was giving us more concerns about the internal affairs of the White House and the revolving door of top personnel with headlines that Secretary of State Tillerson had been fired...

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Asian markets pull back, led by banking and tech stocks

The global pullback in equity markets continued in Asia on Wednesday, where stocks opened lower across the board, following the firing of U.S. Secretary of State Rex Tillerson...

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GBP/USD rally losses strength near 1.4000

GBP/USD extended gains during the US session and reached a fresh 2-week high at 1.3993. Afterward pulled back modestly and it was trading at 1.3965/70, up more than 50 pips for the day. A weak US dollar across the board boosted the pair. The greenback started to slide after US inflation data (no positive surprise) and

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FOREX Tech Targets 13.03.2018: Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - UOB

EUR/USD: Neutral (since 05 Mar 18, 1.2335): Pressure shifted back to the downside but expect strong support at 1.2220. No change in view.EUR hit a ‘fresh’ low of 1.2271 last Friday but rebounded to close almost unchanged for the day. We continue to hold the view that the immediate pressure is...

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USD/CHF in search of a firm direction, stuck in a range ahead of US CPI

A combination of diverging forces has led to a subdued/range-bounce price action through the mid-European session on Tuesday. A goodish pickup in the US Dollar demand extended some support but the same was largely negated by the...

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Gold struggles near daily lows, US inflation data eyed for fresh impetus

Currently placed at the lower end of its daily trading range, a goodish pickup in the US Dollar demand was seen one of the key factors weighing on dollar-denominated commodities - like gold. This coupled with a positive tone around the US Treasury bond yields was further seen denting demand for the...

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Asian markets carve out gains ahead of U.S. inflation report

Investors in Asia-Pacific stock markets began shaking off their earlier caution ahead of the latest U.S. reading on inflation, which is likely to give some idea about whether the Federal Reserve will accelerate its pace of interest-rate increases. Shares across the region started to eke out gains in the afternoon or...

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Forex Today: AUD shrugs-off solid NAB, UK Budget, US inflation - Key

Forex today in Asia was a quiet affair in early trades, but volatility soon picked-up as risk sentiment improved. The Yen lost footing amid a solid rally in the Nikkei 225 index, as markets looked past the Japanese political woes. The USD/JPY pair staged a solid rebound and headed back towards the...

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Gold ends lower as investors await inflation report

Gold prices finished modestly lower on Monday, giving back the gains seen in the previous session as investors await U.S. consumer-price index data due Tuesday for the latest clue on the pace of Federal Reserve interest-rate hikes.

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EUR/USD rebounds and continues to consolidate around 1.2300

EUR/USD rebounded after hitting a fresh daily low at 1.2288. The euro rose back above 1.2300 and recently reached 1.2324, the highest level since the European session. Still remains far from the highs. It continues to consolidate near 1.2300.

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FOREX Tech Targets 12.03.2018: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - UOB

EUR hit a ‘fresh’ low of 1.2271 last Friday but rebounded to close almost unchanged for the day. We continue to hold the view that the immediate pressure is on the downside even though ‘neutral’ shorter-term indicators suggest that EUR could trade sideways for a few days first before moving lower to test the solid support at 1.2220...

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GBP/USD eases from tops, remains capped below 1.39 handle

The GBP/USD pair trimmed some of its early gains and quickly retreated around 20-25 pips from session tops, touched in the past hour. The pair gained some positive traction at the start of a new trading week and jumped back closer to the...

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USD/CAD manages to hold above 1.2800 handle

The USD/CAD pair consolidated Friday's slump to 1-1/2 week lows and was seen oscillating in a range just above the 1.2800 handle. The US Dollar continues to be weighed down by the latest US monthly jobs report, showing an addition of...

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Asian markets start the week off strong, building on last week’s rebound

Asia-Pacific stock markets maintained strong early gains Monday afternoon, building on a late-week rebound. Many markets rose at least 1%, following similar gains Friday in the U.S.—including a record close for the Nasdaq Composite—that followed a strong...

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EUR/GBP continues to slide post-ECB, hits 1-week lows

EUR/GBP dropped on Friday for the third day in a row. It bottomed at 0.8873, the lowest level in a week. The pair rebounded from the lows but it was holding under 0.8900, with a bearish tone. The euro weakened after the ECB decision to keep rates and QE unchanged. Despite removing a line in the statement saying it would...

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Dollar flat after U.S. jobs data, yen falls after BOJ meeting

The dollar was little changed against a basket of currencies on Friday as monthly U.S. job growth data was its strongest in over 1-1/2 years while wage gains slowed more than expected, supporting the view the Federal Reserve would not quicken its pace on raising interest rates.

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FOREX Week Ahead: Dollar Mixed Ahead of Retail Sales, Inflation and North Korea Meeting

The US dollar ended up mixed against major pairs after the release of the U.S. non farm payrolls (NFP) report for February and news of a potential meet up between North Korea and American leaders. The NFP was a mixed bag with a monster 313,000 jobs gain but...

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EUR/USD ends week flat, hovering around 1.2300

EUR/USD rebounded on Friday and erased daily losses. It was about to end practically at the same level it had a week ago. The pair bottomed on Friday after the release of the US employment report. According to it, the economy created 313K jobs in February surpassing expectations...

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FOREX Tech Targets 09.03.2018: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - UOB

The recent recovery ended abruptly as EUR plunged after touching a high of 1.2446 yesterday (we had previously expected the rebound to extend to 1.2500). The sharp and swift drop took out the key support at 1.2300 with an overnight low of 1.2296. The break of the key support has shifted the pressure back to the downside but at this stage, any weakness is expected to...

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EUR/USD challenges 1.2300 ahead of US Payrolls

EUR/USD remains under pressure at the end of the week in the 1.2300 neighbourhood, all amidst a renewed bid tone around the greenback as market participants continue to digest yesterday’s cautious tone from the...

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GBP/USD stuck in a range above 1.38 handle amid pre-NFP subdued trading action

The GBP/USD pair quickly reversed an early European session bullish spike but has still managed to hold its neck above the 1.3800 handle. The pair did get a minor boost and jumped to an intraday high level of 1.3831 amid a subdued US Dollar price-action. The up-move turned out to be...

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Forex Today: Yen slips on risk-recovery, a dud BoJ, UK data, US NFP - Key

Asia today witnessed a recovery in risk sentiment, as attention shifted from the US tariffs news to the North Korean announcement, as the North’s leader Kim Jong-Un offers to...

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Stocks in Japan, South Korea rise on news of Trump-Kim meeting

Most Asia-Pacific stocks posted more wide, strong gains Friday with the region getting a fresh boost from news that North Korean leader Kim Jong Un and President Donald Trump agreed to meet by May. But some of the gains cooled as the morning progressed, with traders digesting...

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GBP/USD slides further and eyes 1.3800 as USD rallies

GBP/USD broke below 1.3850 and dropped quickly to 1.3812, reaching the lowest since Monday. The pair was already lower and extended the decline during the American session. The greenback rose further across the board following Draghi’s press conference. The US dollar gained momentum on the back of easing fears of a...

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ECB’s Mario Draghi: ‘If you put tariffs against your allies, one wonders who the enemies are’

You don’t have to be a seasoned central-bank watcher to decipher the message in Mario Draghi’s latest comments on trade.

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EUR/JPY flirting with lows, nearing 131.00 mark ahead of ECB

The EUR/JPY cross maintained it’s offered tone through the mid-European session and is currently placed at session lows, around the 131.30-25 region. The shared currency lost some ground on Thursday as traders seemed inclined to lighten their bullish positions heading into...

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Opinion: Stock investors, listen to what the Japanese yen is telling you

Trading a couple of standard deviations away from key short-term moving averages typically is a sign that the rubber band has been stretched in an unsustainable fashion in key benchmark indexes. What we are seeing in the stock market is a reversion-to-the-mean type of trade, which is normal after the...

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Forex Today: CAD regains bids on US tariff exemption, Focus shifts to ECB

Forex today witnessed a recovery in risk appetite across Asia, as the White House announced that Canada and Mexico, and possibly other countries, may be exempted from...

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Asian markets bounce back, though worries remain post-Cohn

Asia-Pacific stocks rebounded solidly Thursday, as markets in the U.S. and Europe stabilized overnight following weakness sparked by top White House economic adviser Gary Cohn’s resignation...

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Gold inches lower as dollar gives up initial Cohn-exit boost

Gold traded lower Wednesday as the U.S. dollar gave up the gains it saw in the immediate wake of the resignation of key Trump ally Gary Cohn, purportedly over the gully in their views on trade and tariffs.

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FOREX Tech Targets 07.03.2018: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - UOB

When we turned neutral two days ago (05 Mar, spot at 1.2335), we viewed EUR’s strength as a ‘correction’ but were of the view that the immediate bias is for a ‘probe’ higher towards the top of the expected 1.2220/1.2430 consolidation range.

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EUR/USD – Euro Edges Higher as Eurozone GDP Matches Estimate

The euro has edged higher in the Wednesday session. Currently, EUR/USD is trading at 1.2452, up 0.17% on the day. On the release front, Eurozone Revised GDP posted a gain of 0.6% for a fourth straight quarter. This matched the estimate. In the US, today’s key indicator is ADP nonfarm payrolls, which is expected to drop sharply to...

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EUR/USD clings to gains above 1.24 handle ahead of ADP report

On bids for the fifth consecutive session amid persistent USD weakness. • The up-move lacked strong conviction ahead of Thursday’s ECB decision. • US private sector employment details eyed for some trading impetus...

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Forex Today: Yen rallies as Cohn departure spooks Asia, EZ GDP – Up next

The central bankers’ speeches and economic releases played a second fiddle to the risk-off market condition that dominated the Asian trades this Wednesday, after the US Chief Economic Adviser Gary Cohn, a proponent of free-market trade, announced his resignation overnight. Cohn’s departure re-ignited worries over...

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Asian markets spooked by Gary Cohn’s resignation

Asia-Pacific stocks were broadly lower Wednesday with investors spooked by news that Gary Cohn would resign as President Donald Trump’s top economic adviser after he lost a...

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GBP/USD: Brexit transition deal on the cards, 1.4000 of back to 1.3480 uptrend?

After making a return trip from 1.3817 back through the 1.3877 European AM sell-off point, cable is looking fragile again, currently, trading at 1.3894, up 0.35% on the day, having posted a daily high at 1.3931 and low at 1.3817.

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Forex Tech Targets 06.03.2018:Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - UOB

We just turned neutral on EUR yesterday (05 Mar, spot at 1.2335) and there is no change to the view. The strong rebound from last week’s 1.2153 low is deemed as a ‘correction’ and not the start of a bullish phase. That said, the immediate bias is for a probe higher towards the top of the expected 1.2220/1.2430 consolidation range.

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Australia: Q4 GDP likely to print 0.5% figure - Nomura

Andrew Ticehurst, Research Analyst at Nomura, suggests that with the release of partial data for Australian economy this week covering inventories, profits, net exports and...

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NZD/USD hits fresh session tops, around mid-0.7200s ahead of GDT price index

Persistent worries over a possible global trade war, stemming out of the US President Donald Trump's recent proposal to impose steep tariffs on imported steel and...

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GBP futures: extra gains unlikely near term

In light of CME Group’s preliminary data for GBP futures markets, open interest decreased by more than 4.4K contracts on Monday - recording the third consecutive...

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Forex Today: AUD caps gains on poor Aus data, RBA, a light session ahead

We had an eventful Asian session this Tuesday, dominated by the Australian data dump and RBA rate decision amid risk-on market profile, as the US tariffs...

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British pound jumps on Brexit transition news, as dollar gives up gains

The U.S. dollar gave up its earlier gains during Monday’s session as the British pound jumped after Prime Minister Theresa May said a Brexit transition deal between...

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FOREX Tech Targets 05.03.2018: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - UOB

Our recent bearish expectation (01 Mar, spot at 1.2185) was proven wrong quickly as EUR easily took out the ‘stop-loss’ at 1.2320 level last Friday (high of 1.2336). Despite the strong rebound from last week’s 1.2153 low, it is too soon to expect the start of a bullish phase. The current movement in EUR is viewed as...

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EUR/USD keeps 1.2300 on data, USD steady

The pair is struggling to extend its march north on Monday, while it seems to have found strong resistance at recent peaks in the...

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WTI rejected near $ 62 mark post-IEA forecasts

WTI (oil futures on NYMEX) stalled its upbeat momentum and reversed a part of the intraday gains, as the sentiment was dented following the release of the International Energy Agency (IEA) forecasts...

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AUD/USD off lows, still in red near mid-0.7700s

The AUD/USD pair maintained its offered tone through the early European session and is currently placed within striking distance of over 2-month lows set last Thursday. Despite the prevalent negative sentiment surrounding the US Dollar, the pair failed to attract any buying interest and was being...

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Forex Today: Euro hit by Italy hung parliament, UK services PMI eyed

The Euro witnessed a mixed start to the week, initially having received a boost following the weekend’s German SPD’s vote in favor of the coalition deal. However, the upside was short-lived as sentiment soured on the Italian election’s projected outcome of a...

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Eurozone: Politics and ECB - Danske Bank

The main events for the next day in the Eurozone, according to analysts from Danske Bank, are the Italian Parliamentary election being held and the results of the German SPD’s member vote on the coalition due to be released on Sunday.

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Forex Week Ahead: Dollar Retreats as Trade War Talk Escalates

The US dollar was set to end the week on a positive note after Fed Chair Jerome Powell testified twice and other Fed speakers signalled a hawkish view on the economy. The USD had appreciated on a weekly basis up until Thursday when President Donald Trump announced a 25 percent tariff on steel and 10 percent on aluminium imports. Markets reacted to the protectionist...

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EUR/USD recovers, ending week higher ahead of Super Sunday

EUR/USD is about to end the week trading above 1.2320, at the highest level in three days. The pair was able to...

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Gold off highs but firmly above $1300, consolidating near $1320

Gold peaked today at $1325/oz, reaching the highest level since Tuesday. After the beginning of the US session moved of highs and pulled back to $1317. Near the end of the week, it was hovering around...

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USD/CHF: Dollar bulls take profits after erasing most of the week’s gains

The USD/CHF is currently trading down 0.7% at about 0.9360 since it retraced sharply lower from yesterday’s highs seen at...

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Asian stocks drop sharply in wake of Trump’s tariff plan

Asian stocks fell sharply Friday, weighed down by greater fears of an escalation of trade protectionism after U.S. President Donald Trump announced...

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EUR/USD pushing higher, closer to 1.2300

The shared currency is extending yesterday’s recovery and is now lifting EUR/USD to the vicinity of the key...

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GBP/JPY: Guppy under pressure ahead of May’s speech as Japan’s inflation ticks higher

The GBP/JPY is trading down 0.4% at around 145.70 on Brexit-related uncertainties and the Japanese Yen...

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Forex Today: Asia risk-off at full steam, Theresa May’s speech, UK PMI - Key

Risk-off market profile prevailed in Asia at full steam, as the Asian equities tracked the overnight sell-off in their US counterparts, after the US President...

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GBP/USD: bulls looking to recover back to 1.3800, fade the rallies?

Trading within a heavy trend to the downside on Brexit concerns, GBP/USD is catching a bid on dollar weakening...

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EUR/USD catching a bid in a minor correction to 50-D SMA

EUR/USD is turning up the gas as we progress through the NY session with the DXY capped by the 55-D MA at 90.91 ahead of the 18 Jan high of 91.04. Currently...

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These 3 factors could wallop the euro and pound

Currency traders buckle up — the two biggest currencies in Europe are facing a volatile couple of days, with a trio of political events poised to shove both the euro and pound sharply lower...

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USD/CAD spikes above mid-1.2800s, highest since Dec. 20

The USD/CAD pair finally broke out of its Asian/early European session consolidation phase and refreshed session tops in the last....

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EUR/USD struggles below 1.2200 ahead of data, Powell

The demand for the single currency remains absent so far this week, forcing EUR/USD to drop to the area of 1.2180 earlier in the session, where it seems to have met some dip-buyers.

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Forex Today: Focus on Powell round 2 & US Core PCE release, trade tensions may escalate

The FX markets witnessed a classic risk-off action in the NY session as fears of faster Fed rate hikes saw Dow take a 380 point drop. The American dollar strengthened against most majors and gold but suffered losses against the Japanese Yen.

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USD/JPY weaker around 107.00, month-end flows keep weighing

The broad based bid tone around the greenback is not echoing in USD/JPY, which remains on the defensive gyrating around...

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EUR/JPY: extends losses below 200-D SMA, eyes now on 200-W SMA

EUR/JPY is making further ground below the 200-D SMA while the euro falls below the rising 50-D SMA and US stocks take a...

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Euro falls as dollar builds on gains, inflation slows

The euro fell to a six-week low on Wednesday after an upbeat assessment of the U.S. economy by Fed Chairman Jerome Powell boosted the dollar, while slowing euro zone..

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Oil prices slip further on dollar strength, supply worries

Oil futures fell Wednesday, as the effects of a stronger dollar continued to pressure the commodity, while investors braced for supply data due later that’s expected to show a further build in U.S. stockpiles.

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EUR/USD flirting with lows, around 1.2200 handle ahead of EZ CPI

Having posted a session high level of 1.2242, the EUR/USD pair met with some fresh supply and drifted into negative territory for the second consecutive session.

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Forex Today: Yen catches bid on BoJ JGBs trim, EZ CPI, US GDP on tap

The overnight bullish tone around the US dollar extended into Asia this Wednesday, as the dust settled over the new Chair Powell’s Congressional testimony, which cheered the hawks. However, the JPY bulls fought back control following the reports that the BoJ...

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Asian stocks turn lower, with China losses out in front

Asia-Pacific equities faded Tuesday, led by Chinese big caps, as buying appetite for global stocks appeared to be waning at the end of a roller-coaster month...

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EUR/USD stays positive near 1.2320 ahead of Powell

The continuation of the selling pressure around the greenback is helping EUR/USD to stick to the daily gains...

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Fed: Powell’s semi-annual testimony before Congress in focus - Rabobank

For the first time in his new role as the Fed chairman Jerome Powell will deliver semi-annual testimony before Congress...

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Forex Today: USD on the defensive ahead of Powell’s testimony, a busy session ahead

A quiet Asian affair across the fx space this Tuesday, as a sense of calm prevailed in anticipation of the new Fed Chair Powell’s testimony, despite the risk-on rally in the Asian equities. As a result...

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EUR/JPY: corrects away from a cliff edge around the 200-D SMA

EUR/JPY is correcting away from the cliff edge and is currently, EUR/JPY is trading at 131.63, up 0.17% on the day, having...

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Asian stocks post broad gains, with Nikkei shrugging off yen’s gain

There were wide gains of at least 0.5% for Asia-Pacific stock indexes. The rebound allowed benchmarks in Australia and Singapore to move back...

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ECB’s Coeure on the importance of euro interest rate benchmark reforms

ECB Governing Council member Benoit Coeure was out on the wires last minutes, delivering the welcome address at the first meeting of the Working Group on Euro Risk-Free Rates, at the ECB, Frankfurt....

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Gold climbs to $1340 on weaker USD

Gold prices edged up at the start of a new trading week and recovered around 50% of last week's losses of more than 1%, buoyed by a weaker greenback. Currently trading around the $1339-40 region, testing session tops, a fresh wave of US Dollar selling pressure was...

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Forex Tech Targets 26.02.2018 : EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - UOB

EUR traded within a surprisingly narrow range of 1.2278/1.2337 last Friday; the 59 pips is the smallest 1-day range since late December. Nevertheless, we continue to hold a ‘negative’ view on EUR and see...

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EURUSD catches fresh bids, eyes 1.2350 ahead of Draghi's speech

EUR/USD is climbing ahead of the European markets, testing into 1.2325 as of writing. Risk appetite returned to markets to kick off the new week of trading, and the Euro has begun to claw back up the charts following a bounce from February's low of 1.2260.

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Strong euro a "point of attention" for ECB - Smets

The strong euro currency is a “point of attention” for policymakers at the European Central Bank, Belgium’s ECB Governing Council member Jan Smets said.The single European currency’s value increased by some...

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FOREX Week Ahead: SD Fed Rhetoric to Drive Dollar

The USD appreciated during the week against major pairs. The currency got a boost from the release of the minutes from the January Federal Open Market Committee (FOMC) meeting. The brief statement was slightly hawkish, but the full notes from the meeting revealed the US central bank upgraded its economic projections from those made in December and expects the 2 percent inflation target to...

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GBPUSD plummets to 1.3900 and rebounds sharply, a fat finger trade ?

The GBP/USD pair extended its retracement slide from the 1.40 neighborhood and tumbled to fresh session lows in the last hour, albeit quickly recovered few pips thereafter. It is turning out to be yet another volatile session for the major, which initially spiked to an intraday high level of 1.3995 but then retreated sharply closer to the 1.3900 handle on the back of incoming Brexit headlines.

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#Oil on track for a second consecutive weekly rise

Crude-oil futures Friday were marginally lower, but looked set to mark a second straight weekly advance, as bullish inventory reports underpinned bullish sentiment.

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EUR/USD unchanged around 1.2300 on EMU CPI

The shared currency stayed apathetic following the publication of January’s inflation figures...

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Gold edges lower, weaker below $1330 on stronger USD

Gold came under some renewed selling pressure on Friday and has now eroded a major part of previous session's goodish recovery...

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AUD head towards sub 0.7800

The A$ has underperformed over the last week, down 1.8% versus the US$ and at 6 month lows versus the NZ$, points out Robert Rennie, Research Analyst at Westpac.

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