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Aussie drops as growth stalls

07/12/2016 | OzForex

– It was a relatively quiet day data-wise yesterday with US Factory Orders m/m the only release of note printing 2.7% growth for October
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Services Supports Sterling Gains

06/12/2016 | OzForex

Joe Eastwood United States Dollar: Strong services ...
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Renzi Regretting Referendum?

05/12/2016 | OzForex

Joe Eastwood United States Dollar: The pound ...
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Sterling surges over hopes of a soft Brexit

02/12/2016 | OzForex

Powering sterling’s gains yesterday were comments made by UK Brexit minister David Davis. Mr Davis reduced fears of a “hard Brexit” saying that the UK would consider making payments to the EU to gain the best possible access to the single market.
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Oil prices rise as OPEC cuts production

01/12/2016 | OzForex

Yesterday’s key release came from the OPEC meeting minutes, with much of Wednesday’s trading being dominated by the meetings in Vienna. The meeting signaled the first reduction of oil production in eight years with it being concluded that oil production
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OPEC Members Meet In Vienna

30/11/2016 | OzForex

United States Dollar: Investors yesterday heard the views from two FOMC members on the US economy. Both Dudley and Powell were in agreement that the USA economy is performing well and that interest hikes are now a welcomed move by the US Federal Reserve. Governor Powell ...
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No Article 50 Without Article 127

29/11/2016 | OzForex

United States Dollar: Yesterday was widely regarded as a profit-taking day as the USD recovered against the EUR and the GBP amid no economic data being released for the Greenback. The EUR/USD started the day at 1.0618, climbed to 1.0676 and then dropped to a low of ...
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Sterling gains post Autumn Statement

24/11/2016 | OzForex

Sterling spent most of yesterday morning lower against other major currencies in anticipation of the Autumn statement.
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Markets await post-Brexit Autumn Statement

23/11/2016 | OzForex

Today sees the eagerly anticipated Autumn Statement being presented to Parliament by Chancellor of the Exchequer, Philip Hammond. With the UK economy predicted to slow next year as uncertainty over Brexit acts as a headwind the Chancellor is expected to a
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A Trump Presidency takes shape.

22/11/2016 | OzForex

United States Dollar: Overnight, Trump outlined his plan for his first 100 days as President, emphasising the mantra of “America First”, stating he would be restoring law and bringing jobs back to America. The most notable statements came in the form of his ...
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