Month: January 2018

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  It looks like intervention in the Korean won

  Bank of Korea suspected of buying USD against the KRW The won has been on a surge lately, along with many Asian currencies - the[...]
  2018-01-09 20:39:15

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  BNP on the RBA in 2018, on hold: offsetting influences, risks

  BNP expect no change in Reserve Bank of Australia monetary policy settings this year The Bank to remain on hold through 2018 - BNP still[...]
  2018-01-09 20:39:15

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  Fedspeak is on the US agenda

  Bostic, Williams and Rosengren to speak The US economic calendar is basically bare in terms of economic data today, with only consumer credit at 2000[...]
  2018-01-09 20:39:07

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  EURUSD orders 13 Dec - Fed and ECB casting a shadow

  Currently 1.1740 just off session lows Calm before the potential CB storm still. Large in play and helping to keep range contained. option expiries Offers:[...]
  2018-01-09 18:35:12

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  The JPY is the strongest, while the EUR is the weakest as NA trader enter for the day

  The USD is mostly higher As NA traders enter for the trading day/week, the JPY is the strongest while the EUR is the weakest. The[...]
  2018-01-09 18:23:16

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  Bitcoin surges after holding MA support yesterday. Bulls in control.

  Tests the 61.8% retracements Bitcoin today is surging higher. The price is trading back above the $16000 level (currently trading at $16300).  Yesterday, the lows[...]
  2018-01-09 18:23:16

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  US stocks do it again. New records for all three major indices.

  Strong gains for the week too US stocks do it again.  New records for the three major indices.  Strong gains for the week too: For[...]
  2018-01-09 18:23:16

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  The CADJPY is the strongest currency pair but ran into 2017 highs

  Up 1.1% on the day The CAD is the strongest currency on the day thanks to a strong jobs report out of Canada.  The loonie[...]
  2018-01-09 18:23:16

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  Forex technical analysis: USDCAD back up to the pre-Employment day low

  Breaks 100 hour MA too but can the momentum be maintained? The USDCAD has moved higher in trading today. The rally (lower CAD) runs counter[...]
  2018-01-09 18:23:08

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  Australia building approvals responses coming in - risk of sharp correction lower

  The Australian data earlier was a huge beat, with a subsequent marking up for AUD/USD: Response coming in now from Westpac (in brief, bolding mine):[...]
  2018-01-09 08:47:10

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