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The Big ECB Announcement Is Like Christmas Eve For The Forex World…

forex christmas

The Big ECB Announcement Is Like Christmas Eve For The Forex World… GBP/USD is currently trading at about 1.5160, GBP/EUR is at about 1.3120, so GBP/EUR higher than where it was this time on Tuesday and the GBP/USD is also a little bit higher. There’s not really too much to do around the GBP/USD moving lower over the course of …

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Forex Signal Provider Update On Copper Getting Hammered Just Like Oil

copper signal

Forex Signal Provider Update On Copper Getting Hammered Just Like Oil GBP/USD is currently trading just above the 1.5200/1.5210 level, GBP/EUR is about 1.2895 (just trying to break into those 1.29’s). Sterling’s higher over the course of Tuesday’s session despite a fall in inflation to the joint lowest level since comparable records began back in 1989. CPI came in at …

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Greece Pulls the Euro to a 2-Year Low, Now What?

greek euro deal

Greece Pulls the Euro to a 2-Year Low The political crisis in Greece was able to pull the Euro to a 2-year low against the US dollar after Prime Minister Antonis Samaras who’s pro-austerity failed in a 3rd try to garner parliamentary support for his candidate Stavros Dimas for the presidential post. Antonis has gone on to say that he’ll …

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Market Muddled in Risk Aversion, USD Soft ahead of FOMC Meetings

fomc

Market Muddled in Risk Aversion, USD Soft ahead of FOMC Meetings GBP/USD is currently trading at about 1.5725, GBP/EUR is at about 1.2625, so GBP/EUR is moving higher than where it was this time on Tuesday and the GBP/USD is also higher as well. Obviously, the main movement in FX market at the moment continues to be the Russian Ruble. …

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Deflation In China Could Mean Stimulus Is Coming Quicker Than You Think…

deflation

Deflation In China Could Mean Stimulus Is Coming Quicker Than You Think… GBP/USD is currently trading at about 1.5685, GBP/EUR is at about 1.2670 as the market opens up in Europe. It was a particularly interesting day on Tuesday, one of those which is really kind of nowhere and the market responds with a little bit of a panic. Normally …

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US Dollar Rises On Construction Spending, But Does It Last?

construction

US Dollar Rises On Construction Spending, But Does It Last?   On Tuesday, the greenback showed strength against most major currencies, buoyed by news that construction spending increased more than expected in October. The upward move was accelerated further by demand for the currency as a safe haven, as investors worried about the European Central Bank’s upcoming monetary policy announcement …

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Are The Free Forex Signals On The “GBP Higher” Going To Hold True?

gbpusd

Are The Free Forex Signals On The “GBP Higher” Going To Hold True?   Equity markets climbed to new all-time record highs on Wednesday as US economic growth continued to boost investor appetite for riskier assets. The Nasdaq outperformed, climbing 0.61% while the S&P 500 advanced 0.28%. The Dow Jones Industrial Average under performed as energy shares slumped and the …

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The US Dollar Trades Higher On Rate Hike Prediction For September 2015.

forex charts

The US Dollar Trades Higher On Rate Hike Prediction For September 2015.   The yen was under continued pressure on Wednesday. Investors were still unsettled by yesterday’s snap election call and the decision to delay a planned sales tax hike. Japanese Prime Minister Shinzo Abe is seeking a renewed mandate for his economic policies, which include weakening the yen to …

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Yen Dips as Markets Experiences Delays in Japanese Sales Tax

forex robot

Yen Dips as Markets Experiences Delays in Japanese Sales Tax GBP/USD is currently trading at about 1.5925, GBP/EUR is at about 1.2750, so Sterling mixed from where it was this time on Tuesday. A little bit higher against the U.S. dollar, a little bit lower against the European single currency and not too much movement over the course of the …

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ITM Financial Forex Trading Insights For Halloween, October 31, 2014

currency pair

ITM Financial Forex Trading Insights For Halloween, October 31, 2014   US Dollar Shows Strength after Stronger Growth Report   The US dollar showed resilience on Thursday, gaining against the euro and Canadian dollar in the wake is surprisingly strong US growth numbers and yesterday’s announcement that the Fed would end its bond-buying program. Despite initial unsteadiness, investors took yesterday’s …

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