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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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USD/JPY breaking 100.00 sees the Greenback stronger

10/05/2013 | OzForex

United States Dollar: Greenback gains across the board after domestic data. Early yesterday saw Pound rise against the US dollar as both manufacturing and industrial production rose more than economists forecast in March with cold weather boosting the demand for electricity and ...
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Manufacturing and industrial data push the Pound higher

09/05/2013 | OzForex

United States Dollar: US dollar loses ground on the Pound as risk sentiment changes. As I wrote yesterday’s commentary, we had already seen all of the UK data releases for Wednesday. This meant movement was based on data elsewhere and the Pound pushed higher against the ...
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Kiwi intervention prevents Sterling being lower across the board

08/05/2013 | OzForex

United States Dollar: Sterling continues to fall against the Greenback. As data was thin on the ground yesterday cable traded most of the UK session within a 20–25 pip range. It was all change at 2:25pm however as US data showed red figures. First of the two showed that US ...
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