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Focus on UK, European and US Inflation figures.......

16/07/2013 | OzForex

United States Dollar: Sterling rose slightly against the greenback as US Retail sales figures showed an improvement below market expectations. Data showed sales rose 0.4% for June, 0.1 down from the previous month and half of the estimate 0.8%. Yesterday’s sessions started ...
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A heavy week of data ahead.......

15/07/2013 | OzForex

United States Dollar: GBP/USD seems to have consolidated itself around the 1.51 level after the previous week’s falls. Friday’s sessions saw a choppy time for the pair with volatility still strong between 1.5065 and 1.5175. We did see a short peak above 1.52 after ...
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Sterling pushes higher against the majors

12/07/2013 | OzForex

United States Dollar: Cable continues to edge higher. Wednesday saw US FOMC minutes and Bernanke’s comments weigh heavy on the Greenback as the $ 85 billion QE programme is to see no immediate tapering. Despite this weighing on the US Dollar, it has been taken as a market ...
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Bernanke dampens the USD party

11/07/2013 | OzForex

United States Dollar: Cable on the rise as the FOMC meeting disappoints many or should I say Bernanke’s comments. During Wednesday’s session we saw little movement for cable ahead of the big US release at 19:00 with the currency pair on a slow rise from start of UK ...
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UK manufacturing data sends Sterling lower

10/07/2013 | OzForex

United States Dollar: UK data hurt cable during Tuesday’s session. The key release yesterday came from the UK and early, with manufacturing figures released at 9:30. An unexpected fall in May was seen, with factory output falling 0.8 % against an expected rise of 0.3 %. ...
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Sterling higher as we anticipate UK manufacturing figure

09/07/2013 | OzForex

United States Dollar: Cable is on the rise ahead of this morning’s big release. Gradual gains were seen in Sterling versus the Greenback after jobs data on Friday brought the currency pair crashing lower. A low of 1.4860 was seen in the very early hours of Monday (00:30), ...
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US Jobs data sends Cable crashing

08/07/2013 | OzForex

United States Dollar: The Greenback opens this morning higher across the board. Sterling started Friday’s session on the back foot after Thursday’s comments from Carney, following the Bank of England interest rate and quantitative easing announcement. This saw the ...
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Carney''s comments on BOE policy drag GBP/USD closer to 1.50

05/07/2013 | OzForex

United States Dollar: The Bank of England kept interest rates and quantitative easing (QE) unchanged yesterday. In a surprise move, the central bank made a statement to accompany the decision, most probably as it was Carney’s first time chairing the MPC meeting and it ...
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Thin trading conditions and key announcements make for possible volatility

04/07/2013 | OzForex

United States Dollar: After making steady gains yesterday the USD has since turned and has lost ground. The move lower on Wednesday afternoon was in part a result of flows ahead of the US public holiday today. It came despite the release of better than expected US data including ...
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Aussie dollar sinks lower as RBA comments weigh

03/07/2013 | OzForex

United States Dollar: The USD has firmed across the board in the last 24 hours as investors scramble to buy the big dollar ahead of the US public holiday on Thursday. With key announcements due tomorrow, including the BOE and ECB monetary policy announcements and it being the ...
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