Month: June 2018

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  Chart of the Day: EUR/JPY. Italy woes and Yen strength

  EUR/JPY  I anticipate yesterday's price movement repeating itself today. Italy's political woes show the possibility of adding further uncertainty into the Eurozone as  This risks[...]
  2018-06-04 13:15:36

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  Euro continues to climb as Italian assets display relative calm

  EUR/USD almost erases all of its losses from yesterday And the pair is headed for a test of the 100-hour MA (red line) @ 1.1646[...]
  2018-06-04 13:15:36

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  The EURUSD corrects higher but stalls against a familiar technical level.

  100 hour MA stalls the rally in trading today The EURUSD has corrected up to the familiar 100 hour MA and stalled.  Look for sellers[...]
  2018-06-04 13:15:36

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  AUD - Australia data: April retail sales 0.4% m/m (vs. expected +0.3%)

  A beat on expectations and a firming up for this data point after may, many months of disappointment  Comes in at 0.4% m/m  For the[...]
  2018-06-04 11:26:46

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  AUD - Australia data: Q1 Inventories 0.7% q/q (vs. expected 0.0%)

  Inventories had been expected to be a weak component (if not negative) for Q1 GDP … but this is very strong  Comes in at +0.7%[...]
  2018-06-04 11:26:46

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  AUD - Australia data: Q1 company profits 5.9% q/q (vs. expected +3.0%)

  Yowza …. I guess if you can hold wage costs down (Aussie wage growth is very slow indeed) the bottom line will get a boost[...]
  2018-06-04 11:26:46

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  AUD liking the beats on the Australian data - indications of stronger GDP to come

  A strong set of Australian data just released, with implications for a better economic growth data set due this week    - watch out for[...]
  2018-06-04 11:26:46

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  More Australian data: ANZ survey of jobs advertisements for May: +1.5% m/m (prior -0.3%)

  This data point was out at the same time as the official data, ICYMI: OK, ANZ jobs ads came in at +1.5% m/m - prior[...]
  2018-06-04 11:26:46

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  Hawaii earthquake magnitude 5.5 (volcanic eruption)

  Actually a volcanic eruption, not just an earthquake, its occurred 5km WSW of Volcano, Hawaii at a depth of just 700 metres There has been[...]
  2018-06-04 11:25:06

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  Better AUD data today for Q1 indicates risks to GDP forecasts are tilted to the upside

  Australian GDP data for the first quarter (January to March) 2018 is due Wednesday 6 June The Q1 data we received today was better than[...]
  2018-06-04 11:25:06

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