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Disappointing US payrolls data sees GBP/USD open higher this morning

05/08/2013 | OzForex

United States Dollar: US Non-Farm Payrolls was the focus for markets on Friday. The number was slightly weaker than expected showing that payrolls in the U.S. rose by 162,000 in July vs. expectations for 184,000, the smallest increase for four months. The US dollar gapped lower ...
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Central banks deliver few surprises as the USD continues to strengthen

02/08/2013 | OzForex

United States Dollar: It was another strong performance for the US dollar yesterday. US equity markets including the S&P and the Dow hit record closing highs as US economic data printed better than expected and U.S., European and UK central banks all indicated that there ...
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FOMC delivers few surprises but GDP does in volatile session

01/08/2013 | OzForex

United States Dollar: It was all quite in FX markets yesterday up until the release of US GDP data. GBP/USD traded with a softer tone on month end flows in to EUR and USD during the morning and then snapped lower after the GDP figure beat expectations come the afternoon. ...
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GBP/USD lower ahead of important US announcements today

31/07/2013 | OzForex

United States Dollar: GBP/USD has trickled lower over the past 24 hours. It trades at 1.5205, close to its recent low of 1.5201 after tripping stop loss orders down through the 1.5300 level yesterday. This move lower has come despite the release of weaker than expected US ...
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Aussie dollar the biggest loser after RBA comments

30/07/2013 | OzForex

United States Dollar: The FX market remains relatively subdued ahead of the important data and central bank monetary policy announcements due later in the week. GBP/USD traded to a high of 1.5407 during the London morning yesterday and gradually lost ground throughout the day. ...
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Markets steady ahead of a busy data calendar and central bank decisions

29/07/2013 | OzForex

United States Dollar: It was a slow day on Friday in FX markets. GBP/USD started the day off strong, trading at just over 1.5400 in the early morning before drifting to a low of 1.5360 later in the day. In fact the dollar made steady progress against a range of currencies on ...
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Majors begin to position ahead of next week’s FOMC meeting…

26/07/2013 | OzForex

United States Dollar Sterling experienced mild selling pressures yesterday despite an on-target GDP number confirming growth had accelerated during the second quarter of this year. US data on the other hand was disappointing: the durable goods order printed at 0.0% ...
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All eyes on the UK economy with the release of Q2 GDP…

25/07/2013 | OzForex

United States Dollar Sterling/Dollar paused yesterday. Cable ranged 100pips over the course of the day, but generally consolidated around 1.5350. All data released from the UK and USA met or exceeded forecast. US New Homes Sales printed at 497k against 482k, which ...
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The Eurozone hits a home run as PMI releases smash forecasts….

24/07/2013 | OzForex

United States Dollar The US Dollar remained on the back-foot yesterday in a market reluctant to find direction ahead of key data released later this week. GBPUSD spent the majority of the day at 1.5350, but pushed higher into the close as traders reacted to a very ...
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It’s a boy! Dollar’s slide has nothing to do with the Royal birth…

23/07/2013 | OzForex

United States Dollar Markets had little to work with yesterday though the Dollar still managed to lose ground as momentum continued to move against the Greenback in follow-on from last week. Comments from the G20 boosted risk trends as the focus shifted to jobs and ...
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