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Pound Waiting For Guidance From The BOE

14/01/2016 | OzForex

United States Dollar: Sterling actually ended the day lower against the US dollar yesterday. After initially holding steady in the morning session investors became concerned that today’s BOE meeting may prove to be more dovish than previous statements due to the ...
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Pound Steadies After Heavy Sell Off Yesterday

13/01/2016 | OzForex

United States Dollar: So far this morning the GBP/USD rate is barely changed. Currently up 0.01% at 1.4444. The main news stories relates to a better than expected trade surplus figure released by China during the Asian trading session this morning. Whilst this release will have an impact on ...
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Markets Await UK Manufacturing Data

12/01/2016 | OzForex

United States Dollar: A mixed day yesterday for the USD. As we touched on yesterday the USD was initially fairly flat Monday morning despite a very strong jobs report delivered on Friday. A couple of major factors are currently holding down the Dollar. Firstly on Friday whilst ...
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Pound Lower In Thin Trading

11/01/2016 | OzForex

United States Dollar: After an excellent end to last week for the USD with a much better than expected non farms figure of 292K jobs being added, a figure which comfortably beat a forecast of 203K, we are expecting a much quieter start to this week. We have had thinner than ...
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What a start to 216

08/01/2016 | OzForex

United States Dollar: The US dollars unemployment claims showed a slight increase on what was expected but was down on last month’s figure yesterday. With demand for safe haven still high and the minutes of the FEDS December meeting showing concerns that inflation could ...
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6 year high in sight for USD/GBP

07/01/2016 | OzForex

United States Dollar: The US had a packed calendar of events yesterday and it was a mixed bag of results. The greenback was able to hold steady against most major currencies during Wednesday’s session though. The Institute of Supply Management said its non-manufacturing ...
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Safe Havens rally

06/01/2016 | OzForex

United States Dollar: Events since the turn of the New Year have certainly created a very cautious mood in the markets, and with caution comes a search for a safe haven. The Dollar is looking like the place to be at the moment and with very little in the way of data yesterday ...
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China sends markets into chaos

05/01/2016 | OzForex

United States Dollar: With markets dominated by the events in China, the USD is well supported by its safe haven stance. Even data showing the manufacturing sector had contracted at the fastest pace since July 2009 failed to weaken the dollar yesterday. The Institute for ...
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Happy New Year, a busy week ahead

04/01/2016 | OzForex

United States Dollar: With the festive break over and it being the first week of the month, the markets will be a lot more active than in recent days. The Dollar has opened this morning holding on to the gains it made last week and 2015 shaped up to be a good year for the ...
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Markets slow down ahead of New Year

31/12/2015 | OzForex

United States Dollar: Unsurprisingly GBP/USD has traded a narrow range over the last 24 hours. Amid the relative quietness, US Pending Home Sales were released yesterday afternoon and came in under market expectations. The dollar weakened a touch on the news and GBP/USD ...
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