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Sterling set for another weekly decline against the Euro...
24/05/2013 |OzForex
United States Dollar
Early trading was dominated by risk aversion yesterday. The charge was led by comments from the FED and Bernanke the day before, while disappointing Chinese Manufacturing data added to the move. Tokyo temporarily suspended bond trading as volatility ...
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Nikkei plunges 7% as markets retreat...
23/05/2013 |OzForex
United States Dollar
Sterling came under pressure yesterday as markets reacted to poor UK releases. Cable dropped 1% on the day to test as low as 1.50322, but has retraced a little this morning as profits are locked-in and the traders await further ...
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Central Banks take centre-stage as Sterling/Euro plummets…
22/05/2013 |OzForex
United States Dollar
As house prices rise, stock markets rally, commodity price remain relatively high, and QE has flooded markets with cash, inflation is falling faster than expected in the UK. Sterling was sold sharply as markets reacted to the data with cable dropping ...
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King upbeat on the UK economy while the FTSE100 reaches 13 year high...
21/05/2013 |OzForex
United States Dollar
Consolidation was yesterday's theme. With very little data released, all majors trod water ahead of what is expected to be an otherwise very busy week. The Dollar was a little softer, which was inevitable given the gains made last ...
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Another action packed week looks set to test major crosses...
20/05/2013 |OzForex
United States Dollar
Last week was fascinating. Volatility was high as the broader shift in market dynamics continued. The bullish trend seen in the US Dollar gathered momentum as equities rallied and commodities declined. The risk on/risk off sentiment that has ...
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Significant Sterling gains as the Aussie and Kiwi come under pressure...
17/05/2013 |OzForex
United States Dollar
Another round of weaker than forecast data saw the Dollar weaken a little yesterday afternoon. While the broader rally holds and the Dollar remains stronger, recent data has dented confidence and perhaps dampened expectations that the FED will be too ...
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Upbeat inflation report fails to stem Sterling''s slide against the Dollar...
16/05/2013 |OzForex
United States Dollar
UK releases generally provided a boost to Sterling yesterday. While the underlying picture remained subdued, the BoE’s report was at least rosier than three months ago. Cable remained soft through the day, but managed to pull back over ...
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Dollar rally extends as all eyes are on European GDP and BoE Inflation Report...
15/05/2013 |OzForex
United States Dollar
Dollar sentiment was rampant yesterday as the greenback extended its rally across the board. No major US or UK data was released, so moves were driven by technical factors, bond and equity markets, and flow. Markets remain firm this morning as Asian ...
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Sterling declines as most other majors consolidate...
14/05/2013 |OzForex
United States Dollar
Most major crosses were relatively quiet yesterday, except those that included Sterling. Cable failed to hold above 1.5350 after surprisingly decent US retail sales number supported the greenback. Sterling was afforded some support by a CBI survey ...
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Jam-packed week looks set to test the Euro''s resolve...
13/05/2013 |OzForex
United States Dollar
US Dollar volatility looks set to continue this week, reinvigorating a market that was starting to look complacent and staid. As equity markets push higher and the quest for yield dominates financial markets and the allocation of capital, the week ...
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