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Markets await Central Bank comments

28/09/2016 | OzForex

United States Dollar: As oil prices retreated 2% yesterday the Dollar was able to make early gains. This fall in oil prices was due to officials from Iran and Saudi Arabia stating that a deal to curtail oil production is unlikely to be reached today. Oil future prices ...
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Yen trumps Dollar during Presidential debate

27/09/2016 | OzForex

United States Dollar: The week started slowly for the USD, opening trading at 1.297 against the pound. New Home Sales posted above expectations with a figure of 609K, 20.9% higher compared to a year ago. Although this did little to move markets, it shows that the US ...
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Brexit fears continue to weigh on a heavy Pound.

26/09/2016 | OzForex

United States Dollar: Last week, the Fed maintained rates at 0.5%, leaving the probability of a hike in November at 19.3% (around the time of the Presidential election) and around 55% by the end of the year. Chair Yellen stated that the decision does not indicate a ...
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A quiet day to an uneventful week

23/09/2016 | OzForex

After a poor showing from the FED earlier this week the US Dollar needed something to help it gain, up stepped the unemployment claims.
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FEDS policy decision disappoints but indicates we are close to a hike

22/09/2016 | OzForex

The long awaited FEDS policy announcement turned out to be a big disappointment, I’ve been saying all week this could be the case but markets were behaving in a way that something big may just happen.
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Pound plummets on fresh Brexit concerns

21/09/2016 | OzForex

The U.S. Dollar was treading carefully yesterday, well apart from cable for reasons we will go onto. It appeared to be a case of sit and wait for tonight's proceedings.
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Central Banks could heat up the markets

20/09/2016 | OzForex

Sentiment on the greenback remained fragile ahead of the Federal Reserve’s policy meeting this week.
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Rate decision from the FED will be the main focus this week

19/09/2016 | OzForex

The US dollar rounded off last week on a relatively positive note. On what had been a pretty bad week filled with below par readings and dovish tones from the FED the greenback was on the back foot for most of it
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Heavy data offers little Sterling volatility

16/09/2016 | OzForex

Despite a data heavy Thursday, cable movement was fairly subdued. UK retail sales came in better than expected falling less than expected compared with June. The main news surrounding retails sales, which helped Sterling push a little higher on the releas
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UK employment data supported Sterling

15/09/2016 | OzForex

UK employment data saw a mixed bag of results. Average weekly earnings increased by 2.3 % including bonuses and 2.1 % not including bonuses compared to a year earlier. There were 31.77 million people in work, 559k more than a year before which saw the une
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