Month: December 2017

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  ECB forecasts: Sees 2018 growth at 2.3% vs 1.8% prior

  Highlights of the ECB economic forecasts - 2017 seen at 2.4% vs 2.2% prior - 2019 seen at 1.9% vs 1.7% - 2020 growth seen[...]
  2017-12-18 08:39:29

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  Draghi Q&A: We're increasingly confident on inflation path

  Draghi answers questions from reporters - Forecast revisions go 'in the right direction' - Corporate bond purchases were not discussed. They're a more remote possibility[...]
  2017-12-18 08:39:29

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  EURJPY orders 11 Dec - On the rise again

  Currently 133.74 just off session highs Range bound overall still so sellers poised nearby Offers: 133.85 134.30 Bids:   133.30 132.80 Copyright 2015 Forexlive.com
  2017-12-18 06:35:13

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• 
  The dollar falls but rebounds after the FOMC decision. Yellen awaited.

  USDJPY falls to 38.2% target. EURUSD rises toward cluster of resistance....stalls The EURUSD is rallying toward the key cluster of resistance defined by the 100[...]
  2017-12-18 06:23:20

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  Forex technical analysis: GBPUSD rallies to overhead resistance and backs off

  Key area tested The dollar sell off after the FOMC statement, took the price up to and briefly above, the underside of the broken trend[...]
  2017-12-18 06:23:20

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• 
  EURUSD test 1.18000 resistance area

  100 day MA, 200 hour MA and 38.2% retracement at 1.1800 area The price is moving above the level as I type and trades at[...]
  2017-12-18 06:23:20

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• 
  USDJPY moves to and below the lower trend line as the dollar gets beat up

  Falls below 38.2 and trend line. The USDJPY has also been hit over the last few minutes. The price moved below the 38.2% at 112.634[...]
  2017-12-18 06:23:20

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• 
  It's about the FOMC today, but will be about the Australian employment in the new day for the AUDUSD

  AUDUSD moves back to the 50% midpoint of the move up from Dec 2016 low The dollar is getting hurt on the back of the[...]
  2017-12-18 06:23:20

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• 
  Canada October manufacturing sales -0.4% vs +1.0% expected

  Canadian October manufacturing sales data - Prior was +0.5% (revised to +0.4%) - New orders +5.3% vs -1.8% prior - Unfilled orders +2.4% - Inventories[...]
  2017-12-17 20:47:12

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  It's all about the cross-currency basis today

  Year-end funding squeeze is on The law of unintended consequences is operating in full swing this year. Changes in banking rules made it tougher for[...]
  2017-12-17 20:47:12

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