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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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Forex Tech Targets 22.01.2018: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD - UOB

EUR hit a high of 1.2295 last Friday but dropped quickly to end the day near the low. Upward momentum has deteriorated further and we continue to see increasing risk of an interim top. That said, only a break of 1.2150 would indicate that a top is in place. Until then, another attempt...

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EUR/USD nears session tops but lacks momentum, around mid-1.2200s

The EUR/USD pair once again managed to catch some bids ahead of the 1.2200 handle and has now rebounded around 40-pips from session lows.The pair opened with a modest bullish gap at the start of a new week and was being supported by some positive development...

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Asian markets steady as U.S. shutdown rages on; Apple suppliers take a hit

Market reaction in Asia after the partial shutdown of the U.S. federal government was muted Monday, with little movement in stocks and other asset classes.However, Samsung Electronics 005930, -2.19% fell as fresh caution grew about demand for rival Apple’s most expensive iPhone.

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GBP/USD recovers losses, treasury yields surrender gains

As of writing, the spot is exchanging hands at 1.3890. The 10-year yield clocked a high of 2.67 percent...

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US Dollar Vulnerable to Political Drama

Central banks and growth indicators to feature alongside Washington Turmoil The USD dollar remains weak versus most majors due to the downward pressure from the threat of a government shutdown. The House of Representatives has passed a short-term funding bill, but it faces an uphill battle in the Senate with the midnight deadline fast approaching.

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USD/JPY finds some support near mid-110.00s

The USD/JPY pair stalled its descent near mid-110.00s and has managed to rebound around 15-20 pips from session lows. The greenback selling pressure remained unabated and kept exerting downward pressure...

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Oil prices sink more than 1%, head for biggest weekly loss since October

Oil prices took a sharp turn lower on Friday on worries over record U.S. oil production, and after a major energy watchdog predicted shale producers would help drive production to levels not seen since the 1970s.

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GBP/USD quickly recovers post-UK retail sales dip to 1.3900 level

The GBP/USD pair slipped to the 1.3900 handle in reaction to disappointing UK retail sales data but quickly rebounded back to post-Brexit highs.The British Pound lost some ground after data released from the UK showed monthly retail sales posted its weakest reading since 2010...

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EUR/USD refreshes session tops, 1.23 handle back on sight

The EUR/USD pair continued gaining some positive traction during the early European session and refreshed session tops, around the 1.2275-80 region in the last hour. The pair traded with a positive bias for the second consecutive session on Friday and has now recovered over 100-pips from...

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Asian markets jump higher as investors brush off possible U.S. shutdown

As most Asia-Pacific stock markets look likely to end the week higher, Australia has underperformed with a noted drop in energy stocks.

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Forex Tech Targets 18.01.2018: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY

EUR hit a ‘fresh’ high of 1.2322 yesterday but the subsequent rapid drop and the weak daily close came as a big surprise. The price action has resulted in an ‘outside bearish day’ and this suggests an increasing risk of an interim top...

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Gold sits at session tops, around $1330 level ahead of US data

After an initial dip to fresh weekly lows, gold staged a modest recovery to $1330 level and recovered part of previous session's steep losses. The precious metal stalled its corrective slide to the lowest level in nearly a week and was now supported by...

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Bitcoin struggles to keep grip on $11,000 as it tries to shake off selloff

Bitcoin struggled to hold onto $11,000 on Thursday and to stabilize after a week that has so far wiped more than 20% off spot prices. Bitcoin’s spot price BTCUSD, +1.54% rose 0.2% to $11,165.89, after selling on Wednesday knocked it to...

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US Dollar slips lower to mid-90.00s

The US Dollar struggled to build on overnight strong rebound and held with modest losses in a rather subdued trading action on Thursday. On Wednesday, the greenback staged a solid rebound from fresh 3-year lows and was further supported by...

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Nikkei tops 24,000 for first time since 1991 as Asian markets build on gains

Asia-Pacific stocks were higher Thursday, aided by strength in Chinese banks and regional tech companies, after equities hit fresh record highs on Wall Street overnight.

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Forex Today: Aussie weaker on Aus jobs, China data dump in focus

Forex today remained in a wait-and-see mode, with most majors consolidating the overnight moves while awaiting the Chinese macro releases. The Aussie nursed losses amid mixed Aus jobs data.

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Forex Tech Targets 17.01.2018: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD

The immediate target of 1.2300 that was first highlighted on Monday (15 Jan, spot at 1.2195) was just exceeded at the time of writing (high of 1.2305). As highlighted previously, a break of 1.2300 would shift...

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Gold holds near four-month highs despite stronger dollar

Gold prices held near four-month highs on Wednesday even as a stronger dollar made bullion more expensive for holders of other currencies. The price of gold has risen by about 8 percent since mid-December, helped by a weakening of the dollar to...

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Cryptocurrency Market Continues to Slump as Ethereum, Ripple, et al. Suffer 20%+ Fall

The cryptocurrency market has continued to slump over the past 24 hours, as major cryptocurrencies including Ripple, Ethereum, and Bitcoin Cash recorded over 20 percent in daily losses.Since January 15, the market valuation of cryptocurrencies declined from $700 billion to...

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USD/JPY sticks to recovery gains, but remains capped below 111.00 handle

The USD/JPY pair held on to its strong recovery gains, with bulls now eyeing a move beyond the 111.00 handle for fresh impetus. After an initial dip to fresh 4-month lows, near the 110.20 region, the pair staged a smart recovery and so far...

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Asian markets mostly slide lower following U.S. selloff

Asian stocks were mostly lower Wednesday following a late selloff in U.S. equities and after some markets logged fresh highs Tuesday. Hong Kong’s Hang Seng Index topped 2007’s record-high close on Tuesday while Singapore’s main stock index breached 2015’s high, getting to levels last seen in 2007.

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Forex Today: USD bounces in Asia, Eurozone CPI eyed

Forex today witnessed good two-way price movement in the US dollar versus its main competitors, with a solid comeback staged from multi-year troughs below 90 handle knocked-off most majors lower. Meanwhile, the EUR, AUD, and GBP were offered into the technical selling while the Yen...

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FOREX Tech Targets 16.01.2018: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY

We turned bullish yesterday (15 Jan, spot at 1.2195) and the ‘round-number’ target indicated at 1.2300 was almost met as EUR hit an overnight high of 1.2296. As highlighted, from a weekly chart perspective, there is hardly any significant resistance until 1.2780.

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Bitcoin Price Plummets Near $11,000 in 2018-Low

Bitcoin price dropped to a 2018-low during Tuesday’s morning trading (GMT), losing over $2,300 (Bitfinex) in a 17% fall in just under 3 hours. Dampened by regulatory scrutiny in Korea, home to one of the world’s biggest crypto markets, bitcoin and other cryptocurrencies continued their descent today.

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GBP/USD refreshes session lows post-UK CPI

The GBP/USD pair retreated farther from post-Brexit highs and refreshed session lows following the release of UK inflation figures. Currently trading around the 1.3770-65 region, the pair met with some supply after the UK consumer inflation, as measured by headline CPI...

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EUR/USD: Recovery falters, back to test 1.2200 on German politics?

The EUR/USD pair witnessed good two-way price movement so far this Tuesday, in the wake of broad-based US dollar rebound and German political headlines. The spot broke its bullish consolidation phase to the downside in early Europe and dropped as low as 1.2216 after the EUR was hit by the reports that...

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USD/JPY fails near 111.00 handle, eases from highs

The USD/JPY pair held on to its recovery gains through the early European session, albeit lacked any strong follow-through momentum and remained capped below the 111.00 handle.The pair stalled its recent downward trajectory and rebounded a bit on Tuesday, snapping 6-consecutive days of...

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AUD/USD consolidates daily gains near mid-0.79s

With the heavy selling pressure on the greenback remaining unabated on Monday, USD denominated pairs preserved their bullish momentum. The AUD/USD pair reached its highest level since late September at 0.7967 during the European session before going into a consolidation phase.

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EUR/USD targets 1.2300 as USD selling remains unabated

The EUR/USD pair caught a fresh bid tone and broke its consolidative phase to the upside, now printing fresh three-year tops near 1.2280 region amid aggressive selling seen in the US dollar across the board. The US dollar took a hit further against its major rival on a breach of January 2015 lows, triggering stops and...

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Hong Kong stocks break 14-day winning run; Nikkei rises despite stronger yen

Hong Kong’s stock benchmark declined on Monday and broke a 14-day winning streak, falling alongside Chinese equities after some downbeat domestic data. Other Asian stock markets logged gains in Monday’s session, after all three major U.S. stock indexes closed at record highs on Friday on the hope that...

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USD/CAD on the offers around 1.2450, eyes on BOC

The USD/CAD pair extends its losing streak into a third day today, as a beleaguered US dollar combined with surging oil prices continue to keep the rates near 3-day troughs near 1.2440.

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The US dollar loses ground against majors despite solid inflation data

Rumours surrounded this week went from shrinking Chinese appetite of US bonds, to speculation that the US would pull out of NAFTA and while real economic indicators on Friday showed stronger US inflation and retail sales it did little for the struggling US dollar. Economic growth outside of the US is accelerating and...

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Forex Tech Targets 12.01.2017: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD

While we highlighted in recent updates that any weakness in EUR is viewed as part of a broader 1.1870/1.2050 consolidation range, the sharp and strong rally yesterday came as a surprise. The ‘hawkish’ ECB minutes sent EUR soaring above 1.2050 and the short-term pressure has...

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GBP/USD bulls in full control, 2017 highs eyed ahead of US data

The USD selling pressure remained unabated, with the GBP/USD pair now building on its strong bullish momentum further beyond the 1.3600 handle. Thursday's downbeat US economic reports, especially an unexpected drop in producer prices, continued weighing on the US Dollar and assisted...

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Euro hits 3-year high on breakthrough for German coalition talks; dollar weak ahead of data

The euro surged against rivals on Friday, hitting its bets levels against the dollar in three years after German lawmakers reached an agreement on a blueprint for a ruling coalition.The dollar meanwhile, drifted lower ahead of a big batch of U.S. data — retail sales and consumer price inflation, which could...

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USD/JPY drops back closer to 1-1/2 month lows, eyeing 111.00 mark

After an initial uptick to 111.44 level, the USD/JPY pair ran through some fresh offers and has now drifted into negative territory for the fourth consecutive session.The news that German party leaders have reached a breakthrough in coalition talks aggravated the US Dollar selling pressure and has been a...

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Hong Kong climbs toward 14th straight day of gains as Asian markets rebound

Most Asia-Pacific stock markets chalked up modest gains early Friday, following fresh records on major U.S. indexes, stemming two days of declines in the region. But a third straight big drop in Samsung and ongoing strength in the yen kept the main stock indexes in South Korea and Japan lower.

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Forex Today: Antipodeans unfazed by better China trade, Focus shifts to US data

Forex today was a quiet affair in Asia, with most majors sticking to tight ranges, consolidating yesterday rebound amid broad-based US dollar sell-off. The EUR/USD pair extended its previous rally and hit weekly tops above 1.2060 levels, as...

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Forex Tech Targets 11.01.2018: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD

We just turned neutral on EUR yesterday and there is no change to the view. As highlighted, improved shorter-term downward momentum suggests immediate downward pressure but we continue to view any weakness as part of a broader...

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Gold prices steady near 4-month peak

Gold prices were little changed on Thursday, sticking to the almost four-month high hit this week, as a stabilizing dollar kept the yellow metal’s move in check. February gold GCG8, +0.17% was up about $2.20, or about 0.1%, at $1,321.70 an ounce. It settled Wednesday at...

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Dollar rebounds as China calls report of slowing U.S. bond buys ‘fake news’

The dollar rebounded in Thursday’s trade after a Chinese regulator blasted a report that Beijing will scale back its U.S. bond purchases as “fake news.” The greenback posted the biggest gains against the Canadian dollar and Mexican peso, building on gains from Wednesday when...

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EUR/USD holds below mid-1.1900s ahead of EZ data/ECB minutes

Having touched an intraday high level of 1.1970, the EUR/USD pair ran through some fresh offers and refreshed session low in the last hour. A goodish US Dollar rebound was seen as one of the key factors contributing towards an extension of the pair's overnight...

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GBP/USD testing key support near 1.3480 ahead of BOE survey, US PPI

The GBP/USD pair extends its weakness into a third day today, looking vulnerable below a break of the key confluence zone near 1.3480 levels.

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Asia-Pacific markets take a dive on weaker U.S. dollar

Asian stocks Thursday were broadly down for a second straight session, continuing a global pullback from recent record and multiyear highs, with some markets pressured by stronger local currencies.

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FOREX Tech Targets 10.01.2018: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD

We just turned neutral on EUR yesterday and there is no change to the view (see update here). As highlighted, improved shorter-term downward momentum suggests immediate downward pressure but we continue to view any weakness as part of...

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Gold hits near 4-month tops amid broad-based USD sell off

After an initial dip to one-week lows, gold gained some fresh traction and spiked to near 4-month tops in the past hour. The precious metal touched an intraday high level of $1327.74, tracking...

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Asian markets’ fast start to 2018 finally hits a wall

Some Asian stock markets pulled back Wednesday morning, ending a big start to 2018 for global equities, though Hong Kong’s benchmark climbed to a 10-year high.

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GBP/USD bounces off lows, still in red post-UK data

The GBP/USD pair maintained its offered tone for the second consecutive session, albeit managed to bounce off few pips from lows after mixed UK releases. The pair managed to recover around 15-20 pips from the 1.3500 neighborhood and was being supported by...

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USD/CAD consolidates in a range above mid-1.2400s

The USD/CAD pair now seems to have entered a consolidation phase and was seen oscillating within a narrow trading range above mid-1.2400s.

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Forex Today: Yen advances further in Asia, eyes on UK data

Forex today in Asia experienced risk-off flows, as mixed Chinese inflation data combined with fresh North Korea headlines weighed negatively on the investors’ minds. The safe-haven Yen extended yesterday’s rebound and...

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

While we warned of an increased “risk of a sustained pull-back” yesterday (08 Jan, spot at 1.2035), the ease and pace of which the 1.1970 ‘stop-loss’ was taken out came as a surprise. The outlook has shifted to...

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Asian stocks continue their early-year rally

Asian stocks extended their New Year rally Tuesday, though Japanese equities pared gains after the Bank of Japan trimmed the size of its bond-repurchase offer by 5% in its latest market operation.

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AUD/USD tumbles to lows as USD strength intensifies

The AUD/USD reversed upbeat Australian data-led early gains and dropped to a three-day low level of 0.7816 in the past hour. Investors looked past an unexpected jump in the Australian building approvals data, with a fresh wave of...

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GBP/USD hits fresh session lows, back below mid-1.3500s

The GBP/USD pair struggled to build on early up-move and once again ran through some fresh offers ahead of the 1.3600 handle. The pair retreated from...

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Forex Today: Yen rebounds in Asia, German data in focus

Forex today in Asia witnessed volatility seeping back, as full markets return after the New Year holiday break. Among the Asia-pac currencies, the Yen and Aussie both rallied, but it was the BoJ’s reduced JGBs purchases news that made the Yen the biggest gainer. The Kiwi also...

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USD/CAD holds weaker around 1.2400 mark

After yesterday's brief pause, the USD/CAD pair came under some renewed selling pressure and hangs closer to last week's over 3-month lows.

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USD/JPY surrenders early gains to 1-1/2 week tops

The USD/JPY pair erased all of its early gains to 1-1/2 week tops and has now retreated back to the lower end of its daily trading range, closer to the 113.00 handle.

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Gold futures dip after notching longest win streak on record

Gold futures inched down Monday, putting them on course to settle lower for the first time in a dozen sessions.

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Dollar jumps to 2018 high after Fed members strike hawkish tone

The dollar continued to rebound on Monday, charging higher after several Federal Reserve members hinted that at least three interest rate hikes are on the table in 2018.

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Asian markets continue rally; Taiwan stocks jump to 28-year high

Asian equities moved broadly higher early Monday, extending last week’s global stock rally, even as some local markets underwent a bout of morning weakness. The same happened Friday before markets in the region were almost uniformly able to end the week with solid gains.

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GBP/USD refreshes session lows, slips below mid-1.3500s

After an initial uptick to 1.3585 area, the GBP/USD pair met with some fresh supply and dropped to session low during the early European session.

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AUD/USD slides to fresh session lows, below mid-0.7800s

The AUD/USD pair traded with a negative bias on Monday and is currently placed at session lows, around the 0.7840-35 region.

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GBP/USD bounces back to mid-1.3500s, NFP on tap

The GBP/USD pair reversed an early dip to an intraday low level of 1.3523 and is currently placed in neutral territory, around mid-1.3500s. The pair witnessed a sharp reversal from the 1.3575-80 region and retreated around 50-pips during the early European session.

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Gold set to post fourth consecutive week of gains, NFP holds the key

Gold prices edged lower on Friday and eroded part of previous session's sharp up-move to fresh 3-1/2 month highs. Spot gold retreated below $1320 level, down 0.15% for the day, as attention shifts to the keenly watched US non-farm payrolls data for fresh directional impetus.

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USD/JPY jumps to 1-week tops, further beyond 113.00 mark

The USD/JPY pair traded with a positive bias for the third consecutive session and continued gaining traction further beyond the 113.00 handle.The pair was seen building on its rebound momentum from closer to 100-day support, near the 112.00 handle, and has now jumped to fresh weekly tops, around the 113.20-25 region.

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USD/CAD retakes 1.25 mark, focus remains on today’s key macro data

The USD/CAD pair staged a modest recovery from 2-1/2 month lows and might now be looking to build on its momentum back above the key 1.2500 psychological mark. The pair extended overnight bearish break below the weekly trading range and touched...

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Asian markets continue soaring to new highs, but show signs of cooling

The global stock rally continued in Asia early Friday, with numerous markets hitting fresh multiyear highs — though gains show signs of cooling. Japan’s Nikkei Stock Average NIK, +0.89% , which rose as much as 0.7% early to notch another

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Forex Tech Targets 05.01.2018: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD

The relatively large drop in EUR yesterday that hit a low of 1.1999 was unexpected. The failure to break above the major 1.2100 resistance does not bode well for the current bullish view (see update from yesterday, 03 Jan). However, only a...

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Forex Today: AUD slips on poor Aus trade, EZ CPI, US NFP - Key

Pre-NFP caution gripped the FX today in the Asia session, with the US dollar on the back foot across the board. More so, the fresh North Korean headlines weighed down on the risk sentiment. However, towards the Asia close...

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GBP/USD clings to gains, nearing mid-1.3500 post-UK PMI

The GBP/USD pair built on its post-FOMC minutes steady up-move from the 1.35 neighborhood and is currently placed at session tops post-UK services PMI.

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Forex Tech Targets 04.01.2018: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD

We shifted to a bullish stance yesterday (02 Jan, spot at 1.2005) and expected EUR to ‘retest’ the major 1.2100 resistance. While the high has been 1.2082, the rapid rise and the solid daily closing yesterday suggest that the odds for a clear break above...

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EUR/USD sticks to modest gains, around 1.2030 level

The EUR/USD pair extended its steady recovery move from the key 1.2000 psychological mark but lacked any strong follow-through momentum.Overnight US Dollar recovery move, supported by upbeat ISM manufacturing PMI and perceived hawkish FOMC meeting minutes...

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Forex Today: Antipodeans bounce on China PMI, EZ & UK services PMI on tap

FX Today was a quiet affair in Asia, with the risk-on theme the main driver, especially after the release of cheerful Chinese service activity data. The US dollar failed to extend its recovery mode against its major peers, thereby, lifting the sentiment around most majors.

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Nikkei soars on its first trading day of 2018, leading Asian market gains

Asian equities continued to strengthen Thursday, with Japanese stocks surging on their first trading day of 2018 after U.S. indexes rose to fresh records overnight.

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EUR/USD manages to keep 1.2000, but for how long?

The EUR/USD pair consolidated its post-FOMC minutes-led slide just ahead of 1.20 handle almost through the Asian session, with the risks tilted to the downside ahead of the Euro zone and US macro releases.

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GBP/USD flirting with lows near 1.3560 level, ISM PMI and FOMC minutes eyed

The GBP/USD pair extended its profit-taking slide and refreshed session lows, around the 1.3560 region, during the early NA session. The pair stalled its bullish momentum and witnessed a modest profit-taking slide this Wednesday.

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USD/JPY steady in tight range above 112 ahead of FOMC

After closing the previous day with a 50-pip loss, the USD/JPY pair is having a difficult time finding direction on Wednesday as investors remain on the sidelines before the FOMC releases the December meeting minutes later in the NA session. As of writing, the pair was...

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EUR/USD extends slide towards 1.2000 ahead of US ISM, Fed minutes

The latest leg lower in the spot can be mainly attributed to the ongoing broad-based US dollar recovery, with the bulls recovering ground further, as we move closer towards the releases of the US ISM manufacturing PMI and Dec FOMC meeting minutes. The latest Fed minutes are...

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Forex Tech Targets 03.01.2018: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD

The outlook for EUR shifted to bullish when it broke above the major 1.1960 resistance (the top seen in September). The current rally has room to extend further and a ‘retest’ of the major...

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IMF: Inflation to return in 2018

In its latest estimate measure released on Wednesday, the International Monetary Fund (IMF) indicated that 2017’s stagflation will not be extended into this year.

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Asian markets push higher, driven by tech and consumer stocks

Asia-Pacific stocks gained early Wednesday, building on a rally for tech and consumer stocks in the U.S.’s first trading day of 2018...

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USD on a shaky ground

“These include scepticism about the degree to which the reform will raise US economic growth, the extent to which the news it has been already been priced in and also the shift in market focus away from the tightening cycle of the Fed to other central banks in the G10.”

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Dollar set to suffer worst year since 2003 with 10% yearly loss

The dollar continued to decline on Friday, falling against all other major currencies and heading for its biggest yearly loss since 2003.Trading was thin on Friday — the last session of the year — as many investors were expected to...

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GBP/USD spikes to 1.35 handle amid fresh USD supply

A fresh wave of greenback selling emerged in the last hour and pushed the GBP/USD pair to the key 1.3500 psychological mark, or fresh 3-week tops. In absence any fresh development, a mildly weaker tone around the US Treasury bond yields accelerated the US Dollar downfall and...

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Gold sits at fresh one-month tops on softer USD

Gold traded with a mild positive bias for the seventh straight session and is currently placed at fresh one-month highs, around $1296 level. In the pre-holiday thin trading conditions, persistent selling pressure around the US Dollar kept pushing prices for the dollar-denominated precious metal to its highest level...

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Nikkei cruises on final trading day, capping impressive yearly gains across Asia

Asian stocks were mostly higher as 2017’s last trading day progressed, with Japan rebounding some from weakness late Thursday and tech names in the region continuing to recover from early-week selling.

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EUR/USD: A phase of bullish consolidation ahead of German CPI

Having hit monthly tops at 1.1959 in the US last session, the EUR/USD pair corrected a part of yesterday’s rally in the overnight trades. However, fresh demand resurged in the Asian session, keeping the spot better bid near the midpoint of 1.19 handle...

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USD/JPY stays in tight-range above 113

The USD/JPY pair is fluctuating in a 25 pip range on Wednesday as the thin trading volume doesn't allow any decisive movements in either direction. At the moment, the pair is at virtually unchanged on the day at 113.25.

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EUR/USD: Euro at downward sloping trend resistance

The EUR/USD recovered from Catalan pro-independence push lower on Friday and managed to gain further after four days of Christmas vacations on Wednesday.m Although the EUR/USD has recovered from lows of...

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Forex Today: Aussie – a big mover in Asia, a light calendar ahead

An eventless Asian session kicked-off yet another holiday-thinned week, as slowing volumes and irregular volatility persisted heading into the New Year break. There were no major macro news reported, excepted for the Chinese industrial profits and China’s Beige Book Survey, which had little impact on the fx space...

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EUR holds its own

“ECB President Draghi promoted a cautious outlook on inflation at his December press conference and signalled that the Eurozone economy is not yet strong enough to warrant a reduction of policy stimulus. That said, there was no strong expectati..ons in the market that the ECB would...

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Struggling shipbuilders drag down South Korea’s Kospi

Asia-Pacific stocks mostly rose modestly Wednesday morning as the remainder of the region opened after the Christmas holiday, though slumping shares in the world’s largest shipbuilder weighed on South Korea’s benchmark.

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BoE: No change in guard

In view of Jane Foley, Senior FX Strategist at Rabobank, the messages from the Bank of England in December did not stray far from that provided in November.

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China lifts yuan midpoint to three-and-a-half-month high

Tuesday’s official midpoint, 267 pips or 0.41 percent firmer than the previous fix of 6.5683 on Monday, was the strongest since Sept. 13.

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Japan making steady progress in beating deflation: Aso

Japanese Finance Minister Taro Aso said on Tuesday the country’s economy...

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UK: Will a two or three year transition period be long enough?

A big fear of Brexit-supporting ministers is that the transition period could lead to an indefinite period where the UK is neither in nor out of the EU, according to analysts at ING. Key Quotes :This is partly because the next election is scheduled for 2022, and an extended transition could leave the government vulnerable to suggestions it hasn’t brought the UK entirely out of the EU.”

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China stocks drop, Nikkei hits 26-year high in thin Christmas trading

Chinese stocks fell on Christmas Day, extending this year’s underperformance in a slow session in which most global markets are closed. ut Japan’s benchmark crept up to set another 26-year closing high...

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2017: A changing environment for central banks

2017 may have been extraordinary in terms of the political influences on G10 FX markets, but central banks have stolen a fair share of market attention, according to Jane Foley, Senior FX Strategist at Rabobank.

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GBP/USD quickly bounces off lows post-UK data, still below 1.34 handle

The GBP/USD pair quickly reversed a dip to 1.3360 area and jumped back to the top end of its daily trading range, albeit remained capped below the 1.3400 handle post-mixed UK economic releases. The pair bounced off lows after the final UK Q3 GDP print matched original estimates...

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Euro under pressure after separatists in Spain’s Catalonia in majority

The euro broke the still of an otherwise quiet preholiday market on Friday, as the single currency came under pressure as the threat of another crisis from Spain emerged after separatist parties won a crucial vote...

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