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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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EUR/USD: Upside capped near 1.1800 post-EZ CPI

The main currency pair stalled its recovery mode just shy of the 1.1800 mark, largely on the back of a pause in the USD sell-off across the board, as Treasury yield regain poise across the poise amid risk-on trades...

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ECB to pay "special attention" on relocation plans of Brexit-hit banks

Bloomberg reports of a warning issued by the ECB to the London-based banks, who will relocate from the UK to the Euro area, in the wake of the Brexit issue.

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G10FX: Cheap Vs Expensive Currencies: What Is The Valuation Trade In 2018?

Societe Generale Cross Asset Strategy Research discusse the FX market outlook in 2018 from a relative valuation perspective

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Forex Today: Kiwi – a big mover in Asia, Eurozone final CPI on tap

The US tax reform optimism induced risk-on moods extended into Asia, pushing the Treasury yields higher alongside the Asian equities. However, the US dollar failed to extend its Friday’s recovery and somewhat stabilized, as the NZD bulls benefited the most from it. The Kiwi ignored ...

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US Tax Reform to Guide Markets Ahead of Holidays

The tax reform vote is the last major event still ongoing as traders start to wind down their activity ahead of the holidays. The Bank of Japan (BOJ) is the last major central bank to hold its December meeting and it is anticipated it will follow the path of the Bank of England (BoE) and the European Central Bank (ECB) which did not make any changes to their monetary policy...

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Gold inches back closer to weekly tops

Gold continued gaining some positive traction through the mid-European session and edged back closer to weekly tops touched in the previous sessionAfter yesterday's brief pause, the commodity resumed with its near-term bullish momentum and...

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GBP/USD flirting with lows, 1.3400 mark at risk

The GBP/USD pair extended its steady decline through the mid-European session and has now moved on the brink of breaking below the 1.3400 handle. Despite some fresh US Dollar selling interest, led by renewed uncertainty over the progress of...

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FOREX Tech Targets 15.12.2017: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD

EUR rebounded strongly yesterday and took out the key 1.1815 resistance. The 1.1716 low seen earlier this week is deemed as a shortterm low. While the neutral outlook remains intact, the current recovery appears to have room to extend higher towards ...

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EUR/USD struggles to extend recovery move beyond 1.18 handle

Having tested 50-day SMA support, the EUR/USD pair gained some positive traction and jumped to the 1.1800 neighborhood during the early European session. The pair stalled its post-ECB slide near the 1.1765-60 support and found some...

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Asian stocks track Wall Street declines; Kospi rebounds

Stock markets in Asia were mostly lower Friday after modest declines in the U.S. and Europe overnight, but South Korea’s stock benchmark rebounded after sharp end-of-session losses a day earlier...

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BoJ said to tweak message as dissenter calls for more easing

Bloomberg came out with the latest headline, citing that the Bank of Japan(BoJ) is said to tweak message as dissenter calls for more easing.. According to the people familiar with the central bank's discussions...

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EUR/USD tumbles to lows on Draghi, 1.1800 mark now at risk

As the ECB presser got underway, the EUR/USD pair gained some traction and refreshed fresh multi-day tops during the early NA session. The pair caught some fresh bids after the ECB upgraded its economic growth forecast for 2017/18/19. According to the latest projections, the region's GDP growth...

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GBP/USD holds stable above 1.3400 handle post-BOE

The GBP/USD pair quickly recovered a knee-jerk slide to the 1.3400 neighborhood and had a rather muted reaction to the BOE announcement. The pair held within a familiar trading range, around the 1.3420-30 region...

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Gold will continue its climb in 2018, World Gold Council predicts

Gold prices have climbed this year despite rising U.S. interest rates, a rally in global stock markets and a jump in cryptocurrency prices - and the yellow metal has lots of reasons to stretch its gains into 2018...

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FOREX Tech Targets 14.12.2017: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD

EUR/USD: Neutral (since 15 Nov 17, 1.1795): Another dip towards the strong 1.1710 support is not ruled out just yet.We highlighted yesterday that “until 1.1855 (key short-term resistance) is clearly taken out, another dip towards the strong 1.1710 support is not ruled out just yet”. EUR hit an overnight ...

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BoE to keep the Bank rate at low levels for some time

The 25 basis point increase removed the ‘emergency’ stimulus that had been introduced in the wake of last year’s Brexit referendum, and still leaves the Bank Rate at the very accommodative level of 0.50%.”

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EUR/USD risk reversals adopt bullish bias

Euro's post-Fed rally to a 6-day high of 1.1844 levels seems to have revived the demand for the EUR bulls.

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US: All eyes on FOMC and CPI today

The Federal Reserve gets the balling rolling today with the FOMC meeting, which is most likely to deliver the third hike of the year, according to analysts at BBH...

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USD/JPY stuck in a range below mid-113.00s, US CPI & FOMC awaited

A combination of diverging factors has failed to provide any fresh impetus to the major, with the pre-Fed nervousness also holding investors back from placing any fresh/aggressive bets. The US Dollar recovered some of its early lost ground triggered by...

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FOMC determined to deliver third rate hike

In view of Philip Marey, Senior US Strategist at Rabobank, although puzzled by this year’s decline in inflation when unemployment has dropped below its own estimate of the NAIRU, the FOMC seems determined to deliver its third rate hike of the year on...

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EUR/USD fails again near 1.1760, US CPI & Fed eyed

After a brief phase of consolidation in early Asia, the EUR/USD pair broke higher to regain the 5-DMA barrier of 1.1761, although failed to sustain at higher levels, now easing back towards the familiar region near the midpoint of 1.17 handle...

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Forex Today: USD retreats on US politics, UK jobs

Forex today witnessed the extension of the corrective move in the US dollar from three-week tops reached against its main competitors in the US last session, following upbeat US PPI data release. The renewed sell-off in the greenback was mainly driven by the...

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FOREX Tech Targets 12.12.2017: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD

EUR/USD: Neutral (since 15 Nov 17, 1.1795): Pressure shifting to the downside but too early to expect a sustained down-move. No change in view. EUR is approaching the bottom of the expected 1.1740/1.1940 consolidation range and the weak daily...

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GBP/USD - Small rebound on cards

GBP/USD has again eased back to its 20-day ma at 1.3347, which it is starting to erode. There remains an upside bias above last weeks low at 1.3320, current intraday Elliott wave counts imply that we should see a small rebound. It has recently broken...

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EUR longs rose, JPY shorts increased

According to the IMM FX positioning for the week ending December 5, USD shorts were little changed at -39K while EUR longs rose by 3K to 93K...

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Brexit commentary to be closely watched

In view of analysts at ANZ, Brexit commentary will be closely watched this week as UK Ministers made comments suggesting they weren’t 100% committed to the promises made last week to secure a deal, especially as regards the vexed question of the Irish border...

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Forex Today: NZD rallies hard on RBNZ news, a quiet session ahead

The Kiwi was the big mover/ gainer in Asia, kicking-off the week on solid footing on the announcement of the new RBNZ Governor – Orr. Its OZ neighbor followed suit and gained 0.20% to trade near 0.7525 levels, having ignored poor Chinese CPI data. Meanwhile, both the EUR and GBP remained...

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ECB Preview On autopilot for now

Following the decision to extend the QE programme for another nine months in 2018, analysts at Danske Bank do not expect the ECB to make any changes to its policy stance at its upcoming meeting.

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Three Fed rate hikes seen in 2018

According to the results of Bloomberg survey, a majority of the economists see the Fed raising the interest rates three times next year. Key Findings:Three rate hikes seen in 2018: March, September, December. Fed's growth forecast likely to be revised to...

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S&P 500: Flying high?

The S&P had a tough start to the week as carrying over from the previous week the S&P 500 fell for four sessions, its longest losing streak since March, abut still managed to close higher for the third week in a row...

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Gold at 4 1/2-month lows as dollar, bitcoin, stocks head higher

Gold futures resumed their sharp drop Thursday after the previous session’s brief respite, plumbing 4 1/2-month lows as the dollar firmed, bitcoin surged and the S&P 500 tried to snap a four-day slide.

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Forex Tech Targets 07.12.2017: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY

The mild upward pressure highlighted in recent updates has eased as EUR slipped below the key short-term support at 1.1805 yesterday (low of 1.1799). The neutral phase that started 3 weeks ago...

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Forex Today: Aussie sold-off into weak Aus trade, EZ GDP, Draghi eyed

Amidst ongoing broad-based US dollar upbeat momentum, most majors traded with sizeable losses in the Asian session this Thursday. The Kiwi emerged the biggest loser on the back of the commodities’ sell-off seen in the US last session, while the Aussie fell on...

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Gold - risk reversals hit 5-month low

Risk reversals shows increased demand for Puts. Gold hovers near Oct. lows. Gold's (XAU/USD) drop below the 200-day MA earlier this week and a move to Oct, low of $1260 has revived demand for the bearish bets on the yellow metal...

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BoJ’s Kuroda: BOJ will promote powerful monetary easing to achieve its objectives

Comments are crossing the wires from the BoJ Governor Kuroda, via Reuters, as he makes a speech in Tokyo. Key Headlines: - Economy has improved under QE with yield curve control. BOJ will keep supporting corporate activity by maintaining accommodating monetary conditions.

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GBP/USD weaker, looks to bounce off 1.3360

Cable is prolonging the decline today, losing ground in three out of the last four sessions and breaking below the key 1.3400 support on a more convincing fashion, opening the door at the same time for further pullbacks. Brexit concerns have re-emerged with...

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Forex Tech Targets 06.12.2017: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD

EUR spent another day ‘going nowhere’ and the outlook remains neutral for now. However, as highlighted in recent updates, the undertone is on the positive side and...

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Forex Today: Aussie slumps on Aus Q3 GDP miss, a quiet EUR session ahead

Forex today witnessed a volatile Asian session this Wednesday, as risk-off flows drove markets amid the North Korean headlines, renewed UK political tensions, and reports of an Islamist plot to blow up the UK PM May. Amongst the Asia-pac currencies, the Aussie was the biggest...

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Asia-Pacific markets drop on weakness in tech, mining sectors

Asia-Pacific equities experienced fresh selling Wednesday following modest overnight declines in Europe and the U.S., as commodity prices added to ongoing softness. Tech stocks were key to Tuesday’s weakness in Asia and the up-to-3% overnight slide in metals prices added to pressure on Wednesday.

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Fed’s Evans: "Why hurry to raise rates?"

According to an article reported in the New York Times overnight, Chicago Fed president Charles Evans (voting member) seems in no hurry to raise rates in December

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Gold holds weaker near 3-week lows ahead of US data

Gold extended its consolidative price action through the early NA session and remained confined in a narrow trading range around the $1275 region. With the US tax reform legislation still on the key agenda, a combination of diverging factors has failed to provide...

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EUR/USD - in search of a firm direction, range-bound above mid-1.1800s

The EUR/USD pair quickly reversed a dip to 1.1840 level and has managed to bounce off around 20-25 pips from session tops. The pair had a good two-way move within previous...

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GBP/USD around 1.3400 post-PMI

GBP remains fragile amidst some renewed jitters over the Brexit negotiations, sparked after UK’s T.May and EU’s J.C.Juncker failed to clinch a deal at a meeting on Monday. In this regard, another meeting is expected at some point on Wednesday. In addition, the ‘Irish border’ issue still remains...

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BoJ’s Kuroda: BoJ monetary easing will not end up hurting faith in the Yen

BoJ Governor Kuroda continues to speak to the media after his meeting with the Japanese PM Abe.

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Forex Tech Targets 04.12.2017:EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD

While the undertone for EUR has improved considerably with strong daily closing yesterday, it is too early to expect the start of a sustained up-move. That said, the current mild upward pressure could lead to a retest of the 1.1960 high...

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GBP/USD regains 1.3500 and above on Brexit

Positive Brexit headlines lifted further the optimism among investors after UK’s PM T.May stressed that good progress has been made around Brexit talks, although more is needed. In the same line, an agreement on the ‘Irish border’ issue...

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Week Ahead: AUD Into RBA, CAD Into BoC, USD Into NFP

Credit Agricole CIB FX Strategy Research discusses the FX Market outlook into the coming week, noticing that markets will focus on the release of the US non-farm payroll numbers, along with the policy meetings of the RBA and BoC.

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Forex Today: USD rules the roost, UK PMI, EZ Sentix and Brexit deadline

Broad-based US dollar strength was the main theme in Asia on Monday, in the wake of the US tax reform bill passage and faulty ABC reports on Flynn. The greenback witnessed a bullish opening gap and extended the...

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Hong Kong stocks turn a corner, gain for first time in a week

Asia-Pacific stock markets had a largely muted start to the week, though some buying built into midday, as investors mulled over the U.S. Senate’s passing of a tax-reform proposal and the special counsel’s probe of President Donald Trump’s election campaign...

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BoJ’s Kuroda: BoJ is actively promoting fintech from standpoint of a central bank

Reuters reports comments from the BoJ Governor Kuroda, as he speaks in the same forum as ECB’s Villeroy participated earlier.

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Trump, US Jobs and Brexit to Guide Markets

Fundamentals and geopolitics to share spotlight on US jobs week.The USD was on a rollercoaster in the last week of November as the optimism surrounding the Senate tax reform bill was quickly eclipsed by the news that former National Security Adviser to the White House was prepared to...

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GBP/USD drops to 1.3460 on USD-buying

Renewed selling pressure is hitting the Sterling so far today, with the almost logical profit taking sentiment kicking in following recent peaks in the mid-1.3500s and the strong upside seen in past weeks, Despite the current correction lower, Cable manages well to keep alive...

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AUD/USD faces rejection near 0.7600 handle, Fedspeaks and US ISM PMI in focus

The AUD/USD pair faded early European session bullish spike to the 0.7600 neighborhood and has now surrendered a major part of its daily gains. The pair had a good two-way move on Friday and...

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EUR/USD offered now, challenges 1.1900

After two consecutive sessions with gains, the pair’s weekly upside faltered in the mid-1.1900s and is so far reverting a 4-week positive streak. Furthermore, spot gained around 4-big figures during November...

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Tech Targets 01.12.2017: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD

EUR/USD: Neutral (since 15 Nov 17, 1.1795): In a 1.1780/1.1930 range.EUR touched a high of 1.1960 earlier this week but has since staged a sharp retreat. From here, the prospect for a sustained move above 1.1960 appears to be quite slim. That said, the current...

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Asian markets reverse course, give up early gains

Asia Pacific stocks were struggling by mid morning after a broadly higher opening Friday as Chinese equities weakened and pressured neighboring markets lower. After a jump for U.S. stocks overnight to a fresh record high amid optimism regarding

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EUR/USD - Focus on ISM PMI, US-German yield spread contradicts rally

The EUR/USD rose above 1.19 handle and in the process left another higher low on the daily chart as the Eurozone employment and inflation numbers showed the 17-nation currency bloc is moving in the right direction...

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USD/CAD jumps to fresh 4-week tops, near 1.29 handle ahead of data

The USD/CAD pair continued with its strong up-move for the fourth consecutive session and is currently placed at fresh 4-week tops, around the 1.2900 handle. The pair initially went sideways during the Asian session on Thursday but found enough buying interest near...

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EUR/USD: 'Primed For Another Look At Higher Levels'

NAB FX Strategy Research discusses EUR/USD outlook, and makes a bullish case for the pair with 1.15 stands as the range's base and with topside likely to break above 1.2091 through 2018.

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USD/JPY extends bullish momentum further beyond 112.00 handle

The greenback retained its strength against the Japanese Yen, now pushing the USD/JPY pair further beyond the 112.00 handle to fresh weekly tops. Against the backdrop of an upwardly revised US Q3 GDP print

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Chip-stock malaise spreads to Asia, dragging down markets

The week’s global decline in technology stocks continued Thursday, weighing on Asian markets. Asian chip shares fell after fresh selling in the U.S. overnight, with the Nasdaq Composite falling 1.3% during a 4.4% slump in the Philadelphia Semiconductor Index, its biggest drop of the year...

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Gold risk reversals adopt a bearish bias

Gold's decline from near $1300 levels to $1282 yesterday pushed the risk reversals gauge into the negative as expected.

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USD/JPY spikes to 112.00 handle post-Yellen/US GDP

The USD/JPY pair continued scaling higher through the early NA session and managed to move past the 112.00 handle post-US GDP revision. The US Dollar got a minor boost after the US GDP was revised higher to show economic growth of...

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EUR/USD, AUD/USD: To Range Trade N-Term: Levels & Targets

Citi Research discusses the technical outlook for EUR/USD and AUD/USD, expecting the 2 pairs to continue range-trading in the near-term...

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EUR/USD tumbles to lows, below mid-1.1800s ahead of German CPI

The EUR/USD pair surrendered all of its early gains to 1.1883 and has now retreated over 50-pips from session tops, drifting into negative territory for the third straight session. A goodish rebound in the US Treasury bond yields helped ease some of the bearish pressure surrounding the US Dollar...

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GBP: Breakthrough in Brexit deadlock reinforces 1.36 target

GBP has rallied by more than 1% overnight on reports that the UK and EU have in principle agreed a Brexit Divorce Bill – with a figure of EUR 60bn being floated around as the net liabilities the British government are willing to pay

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Stocks in China, Hong Kong continue to fade

Chinese and Hong Kong stocks fell again after initial Wednesday morning gains, as investors in Asia largely shrugged off North Korea’s latest missile launch. But some market focus has drifted temporarily from equities, as bitcoin cracked $10,000 for ...

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Gold risk reversals shed bullish bias, turns neutral

The one-month 25 delta risk reversals gauge has shed bullish bias, which indicates that gold's repeated failure to scale the $1300 mark has not gone down well with the investors

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USD/CAD retreats from tops above 1.2800

The pair is pushing higher on Tuesday and is prolonging the rally beyond 1.2800 the figure backed by the persistent widening in US-CA yield spread differentials, particularly in the shorter end of the curve. All the attention around the buck keeps gyrating around the future steps of the US tax reform proposed by the White House...

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Fed’s Dudley expects strong job market will eventually boost inflation

New York Federal Reserve President William Dudley said Monday he still expects that a very strong employment sector will help push inflation up over time. But Dudley didn’t have much to...

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Forex Today: Kiwi strongest in Asia, BOE FSR, Carney speech in focus

A quiet Asian affair, with a mix of central bankers’ speeches dominating and driving the flows around the US dollar and Yen. As a result, the Japanese currency was the weakest, despite stalled US dollar recovery across its main competitors. Meanwhile...

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Asian markets mixed, as investors keep wary eye on Chinese stocks

Asia-Pacific stocks mirrored modest overnight declines in Europe and the U.S., though Japanese equities turned higher thanks to a pullback in the yen. Ahead of a busy set of events in the coming days...

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BOJ Update

Don't see any need to change 2% inflation target now; Hopes BoJ will continue bold monetary easing; Don't need to change agreement between BoJ and ...

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Banks, drugmakers push European stocks toward 1-week high

European stocks set their sights on a one-week high, with bank and drug stocks aiding gains for equity markets in the region. But shares of Swiss private banking group Julius Baer Gruppe AG were rocked by the sudden resignation of its chief executive, effective immediately.

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Forex Tech Targets 27.11.2017 : EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD

EUR regained some of the losses registered earlier this week but is still holding within our expected 1.1655/1.1860 sideway consolidation range. The undertone has improved considerably and a move above 1.1860 would not be surprising. However, only a clear break above...

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EUR/USD: Are PPP and politics enough to get it up?

Germany seems to be edging ever-so-slowly towards resolution of its political impasse, which is more than can be said of the UK or the US, according to Kit Juckes, Research Analyst at Societe Generale...

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Week Ahead: Testing The Key Driver Behind Recent FX Price Action

Credit Agricole CIB FX Strategy Research discusses how the race to bottom in global bond yield curves since the start of November has impacted the recent price action in the G10 FX market...

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Chinese stocks drop again; Samsung weighs down Kospi

Asian stock markets started the week with fresh selling, with Chinese shares lower following Thursday’s slump and the Korean market weighed by heavy losses for Samsung Electronics...

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EUR/USD headed to 1.2000 amid EZ economic and political optimism

The EUR bulls took a breather in Asia, leaving the EUR/USD pair in a consolidative mode near two-month tops of 1.1944, as focus shifts towards the Eurozone flash CPI estimate, US growth numbers and Fedspeaks due on the cards later this week for fresh...

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Dollar Drops in Thanksgiving Week with US Taxes in Spotlight

December Fed rate hike priced in but fundamentals favour EUR. The US dollar depreciated on Friday touching a five week low against major currencies. The US Thanksgiving holiday truncated the week with European economic data outperforming US indicators. The US closed the week with disappointing...

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GBP/USD spikes to mid-1.3300s, highest since early Oct.

After an initial dip to 1.3280 area, the GBP/USD pair regained traction and spiked to fresh multi-week tops (mid-1.3300s) in the past hour. A fresh wave of greenback selling interest emerged during the early NA session and has been one of the key factors driving the pair higher.

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EUR/USD sticks to gains near 6-week tops

The EUR/USD pair held on to its upbeat German IFO-led up-move near 6-week tops and might now be eyeing a fresh bullish breakout above the 1.1870-80 region. The pair's up-move from one-week lows touched on Tuesday, got...

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Theresa May speech: Will talk about positive talks we are having on Brexit

Following the comments from the European Commission (EU) President Juncker, the UK PM May is on the wires now, speaking to the reporters on arrival at a Brussels summit with ex-Soviet states...

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Fed minutes dovish, ECB to proceed gradually

The US FOMC minutes were out yesterday, and the ECB minutes overnight and the Fed minutes were interpreted as more dovish than expected, with “some” participants expressing concern about inflation not persisting, notes the research team at ANZ.

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Forex Tech Targets 24.11.217: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD

EUR/USD: Neutral (since 15 Nov 17, 1.1795): Improved undertone but bullish only if clearly above 1.1900. EUR regained some of the losses registered earlier this week but is still holding within our expected 1.1655/1.1860 sideway consolidation range...

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Forex Today: Yen slips in quiet Asia, Ifo, May’s visit to Brussels in focus

Thanksgiving-light trading extended into Asia on the final trading of this week, with persistent broad-based US dollar weakness having caused most majors to consolidate in tight trading ranges. However, the Yen emerged the weakest across the fx board, despite solid Japanese manufacturing PMI report and negative Asian stock markets...

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USD/CAD leaps above 1.27 on dismal retail sales data from Canada

The USD/CAD pair jumped 50 pips in a matter of minutes and broke above the 1.27 mark after the data from Canada failed to meet market estimates. At the moment, the pair is trading at 1.1.2717, adding 0.17% on the day. The pair's unusually strong reaction to the data seems to be...

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EUR/USD pushes higher to 1.1850, fresh tops

The buying interest around the European currency stays everything but abated in the second half of the week, with EUR/USD now testing fresh multi-day tops in the mid-1.1800s. The pair is prolonging its weekly upside to the area of 1.1850 on Thursday...

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Gold once again fails to clear $1295 strong hurdle

Gold prices edged lower through the early European session on Thursday and eroded part of previous session's strong up-move. The precious metal recovered majority of its weekly losses and jumped back to $1295 supply zone on...

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FOREX Tech Targets 23.11.2017: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD

EUR/USD: Neutral (since 15 Nov 17, 1.1795): In a 1.1655/1.1860 range. No change in view. EUR surrendered some of the gains made last week but the decline clearly lacks momentum. We continue to view the current price action as part of a neutral consolidation phase. In other words, EUR is expected to ...

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Oil market has found a balance

Venezuela’s oil minister Eulogio Del Pino, while speaking in Santa Cruz, Bolivia, at the Gas Exporting Countries Forum that the oil market has finally found the balance, as inventories are declining..

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ECB accounts preview

Analysts at Barclays offer a brief preview on what to expect from the ECB monetary policy meeting minutes due to released today at 1230GMT...

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EUR/USD around 1.1750 post-US data

EUR/USD keeps the bid tone intact on Wednesday and is now navigating the area around 1.1750 in the wake of US data releases. The pair continues to advance albeit at a snail pace after bottoming out in the boundaries of 1.1710 earlier in the week, always on...

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GBP/USD tumbles to lows after OBR's weaker economic outlook

The GBP/USD pair once again failed to break through 50-day SMA barrier and touched a fresh session low level of 1.3213 in the last minute. The pair now seems to have stalled its recent upward trajectory and came under some selling pressure after the UK government, in its Autumn Forecast Statement...

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FOREX Tech Targets 22.11.2017: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD

EUR/USD: Neutral (since 15 Nov 17, 1.1795): In a 1.1655/1.1860 range. EUR surrendered some of the gains made last week but the decline clearly lacks momentum. We continue to view the current price action as part of a neutral consolidation phase. In other words, EUR is expected to trade ...

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Crypto Today: Bitcoin stalls the Asian rebound, but keeps $ 8100

After having witnessed a volatile session a day before, Bitcoin, the world’s dominant cryptocurrency, stalled its recent upmove just shy of $ 8200 mark. The spot is now in a consolidative mode so far this session, defending a minor bid on $ 8100 barrier...

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Hong Kong stocks hit decade high as Asian markets continue rally

Global stocks extended their rally early Wednesday in Asia, with technology shares fueling the gains. The region saw broad advances, with Hong Kong’s stock benchmark topping 30,000 for the first time in a decade, as the Hang Seng Index HSI, +0.50% continued its push toward late 2007’s intraday record of 31,958.41...

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Forex Today: USD on the defensive in Asia, UK Budget, Fed minutes in focus

Broad-based US dollar softness was the main underlying theme in Asia, as politics and CB speech continued to remain the key driving force. Among the Asia-pac currencies, the Yen benefited the most, after the greenback was hit by Yellen’s cautious remarks on inflation and...

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EUR/USD drops to one-week lows, closer to 1.1700 handle

The EUR/USD pair retreated over 40-pips from session high level of 1.1758 and dropped to one-week lows during the early NA session on Tuesday. The pair failed to build on early up-move and came under some renewed selling pressure as investors continue to...

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USD/JPY finds support near 112.40

USD/JPY is navigating within a narrow range on Tuesday, finding quite decent support in the 112.40 area ahead of the opening bell in Wall St. The pair is struggling for direction following Monday’s strong advance, although extra gains above the...

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