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Pound rallies as investors buy the fact

18/01/2017 | OzForex

United States Dollar: We’ve witnessed a classic case of “sell the rumour, buy the fact” in the past few days. The “bad” news, at least as far as financial markets were concerned, had already been priced in ahead of May’s speech on ...
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Today is the day for May

17/01/2017 | OzForex

James Mills United States Dollar: With US markets closed for Martin Luther King Day, markets traded off the ...
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Sterling falls as PM expected to confirm 'hard brexit on Tuesday

16/01/2017 | OzForex

James Mills United States Dollar: GBP/USD fell below 1.20 for the first time in three months, during ...
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Investors wait nervously on Trumps Press Conference later today

11/01/2017 | OzForex

The Bureau of Labour Statistics report yesterday showed that employment openings increased in the USA.
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Pound Plunges

10/01/2017 | OzForex

United States Dollar: The 20th of January is a much anticipated date for the world as from that day onwards, Donald Trump will officially take command in the White House. However, before the 20th of January, in fact this Wednesday, Donald Trump will hold his first press ...
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Pound slides as Theresa May hints at exit from single market

09/01/2017 | OzForex

United States Dollar: The pound has fallen again after Theresa May said in an interview over the weekend that immigration and law making were the government’s priorities, rather than whether the UK remains part of the Single Market. First Minister ...
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Dollar on back foot as markets await US employment numbers

06/01/2017 | OzForex

United States Dollar: The post FOMC dollar slump came to an abrupt end as soon as London opened on Thursday. GBP/USD slipped back under 1.23 and settled here for the morning. US ADP Non-Farm Employment data was then released at 1:15pm and printed weaker ...
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Dollar recovers in London after FOMC sell off

05/01/2017 | OzForex

United States Dollar: The dollar slumped overnight following the release of the U.S. FOMC meeting minutes. The Fed hiked interest rates by 0.25% at the last meeting and while the minutes showed that almost all officials saw upside risks to growth there ...
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US manufacturing strengthened the Greenback

04/01/2017 | OzForex

Cable higher despite a topsy-turvy days trade yesterday. It was a tale of two manufacturing releases on both sides of the pond, holding the headlines for key data yesterday. UK manufacturing PMI reached 30-month highs figures showed yesterday morning as s
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Light flows to come to an end

03/01/2017 | OzForex

Light flows not favouring the Pound during the festive season. Investors ended 2016 looking at the US Dollar with promise with stock markets reaching record highs and with anticipation that the FED will continue raise interest rates. The Greenback also no
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