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US dollar holds gains but broadly subdued

The greenback managed to hold on to the gains made from Friday on Monday's session. Price action was however rather subdued with the lack...

Dollar Awaits GDP Data

A bounce from Q1 likely The release of preliminary GDP data for Q2 today will determine the short-term path for the dollar. Following the IMF’s...

AUD Hits Two Year High on Hawkish Comments

The Australian dollar has hit a two year high as it surged on the back of the Reserve Bank of Australia meeting minutes. The...

Legalize It – Korea About Bitcoin

Great news!!! Authorities from the new government of South Korea have announced yesterday that they are introducing a framework to regulate and legalize Bitcoin. South...

HSBC on RBA decision. The next move is set to be up

The RBA held its cash rate steady at 1.50%, which was no surprise. However, for some, the neutral tone of the post-meeting statement, which...

US Dollar Attempts to Make a Comeback on Manufacturing PMI – EURUSD, GBPUSD, USDJPY

Daily Forex Market Preview, 04/07/2017 The US dollar index was seen trading stronger on Monday after data from the Institute of Supply Management (ISM) showed...

Credit Suisse: AUDUSD near to key resistance zone

Australian 4Q16 house price data (ABS) released overnight underscored the RBA’s assessment that “there had been a build-up of risks associated with the housing...

Market Overview – RBA Would Like Lower AUD

This week's last session in Asia passed quite calmly. We didn't witness any major macroeconomic publications, and all market attention was focused on Governor...

Asian Session Reviev – RBA Minutes Weakens AUD

During Asian sesison minutes of the last meeting of the Reserve Bank of Australia (RBA). Dovish comments on the economy and criticism of too...

Weekend Review of the Markets – AUDUSD, EURUSD, NZDUSD, USDCAD, BTC

Number of significant macroeconomic publications from the United States was in the last week extremely poor. Nevertheless, about the dynamics and volatility of the...

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