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17d
Daily FX
USD/JPY Breakout in Focus Ahead of Fed, BoJ Rate DecisionsUSD/JPY may continue to retrace the decline from earlier this month as it break
USD/JPY Breakout in Focus Ahead of Fed, BoJ Rate Decisions
Daily FX / Posted 17 days ago
USD/JPY may continue to retrace the decline from earlier this month as it breaks out of the range-bound price action carried over from the previous week, while the Relative Strength Index (RSI) breaks out of the bearish formation carried over from... Read more
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17d
Daily FX
USD/JPY: Just a Bounce or a Bona Fide Pain Trade?Latter half of next week critical from a timing perspective Next week is looki
USD/JPY: Just a Bounce or a Bona Fide Pain Trade?
Daily FX / Posted 17 days ago
Latter half of next week critical from a timing perspective Next week is looking very interesting for global markets as the S&P 500, Crude, Nikkei, Yen and a few others will be facing some key timing hurdles. My focus will be primarily on Japan... Read more
17d
Daily FX
Euro Vulnerable to Deeper Losses on Draghi Comments, PMI DataThe sentiment-linked Australian and New Zealand Dollars continued to push highe
Euro Vulnerable to Deeper Losses on Draghi Comments, PMI Data
Daily FX / Posted 17 days ago
The sentiment-linked Australian and New Zealand Dollars continued to push higher after scoring dramatic gains in the preceding 24 hours, rising alongside Asian stock prices as risk appetite continued to recover around the financial markets. The... Read more
17d
Daily FX
Sticky Canada CPI to Fuel Larger USD/CAD CorrectionA pickup in Canada’s Consumer Price Index (CPI) may heighten the appeal of the
Sticky Canada CPI to Fuel Larger USD/CAD Correction
Daily FX / Posted 17 days ago
A pickup in Canada’s Consumer Price Index (CPI) may heighten the appeal of the loonie and fuel a larger pullback in USD/CAD as it encourages the Bank of Canada (BoC) to retain a wait-and-see approach in 2016. With the BoC largely endorsing a neutral... Read more
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18d
Daily FX
GBP/USD Bearish Outlook Clouded With Signs of ExhaustionGBP/USD remains at risk for a further decline especially as the Relative Streng
GBP/USD Bearish Outlook Clouded With Signs of Exhaustion
Daily FX / Posted 18 days ago
GBP/USD remains at risk for a further decline especially as the Relative Strength Index (RSI) sits in oversold territory, but a failure to retain the bearish formation from back in December may generate a near-term rebound in the exchange rate as the... Read more
5 related stories
18d
Daily FX
GBP/USD – Trend vs Extreme SentimentPrice & Time covers key technical themes daily and can be delivered to your inb
GBP/USD – Trend vs Extreme Sentiment
Daily FX / Posted 18 days ago
Price & Time covers key technical themes daily and can be delivered to your inbox each morning by joining the distribution list:Price & Time Sentiment profile nearing negative extremes on various time frames I like to say, “Trading is a much more... Read more
18d
Daily FX
Euro May Fall as Risk Appetite Firms on Dovish ECBEuro May Fall as Sentiment Firms if ECB Hints at Stimulus Expansion Ahead A la
Euro May Fall as Risk Appetite Firms on Dovish ECB
Daily FX / Posted 18 days ago
Euro May Fall as Sentiment Firms if ECB Hints at Stimulus Expansion Ahead A late-day recovery on Wall Street inspired a chipper mood in early Asian trade, with the sentiment-linked Australian, Canadian and New Zealand Dollars trading higher... Read more
19d
Daily FX
EUR/USD Stuck in Tight Range Ahead of ECB; Short-Squeeze on Tap?Despite the ongoing easing cycle in the euro-area, the fresh rhetoric coming ou
EUR/USD Stuck in Tight Range Ahead of ECB; Short-Squeeze on Tap?
Daily FX / Posted 19 days ago
Despite the ongoing easing cycle in the euro-area, the fresh rhetoric coming out of the European Central Bank (ECB) may spur a similar market reaction to the December interest rate decision as the Governing Council takes a more cautious approach in... Read more
3 related stories
19d
Daily FX
USD/CAD Remains Overbought Following BoC- ECB Takes SpotlightUSD/CAD may extend the advance from earlier this month as the Relative Strength
USD/CAD Remains Overbought Following BoC- ECB Takes Spotlight
Daily FX / Posted 19 days ago
USD/CAD may extend the advance from earlier this month as the Relative Strength Index (RSI) pushes deeper into overbought territory but, the fresh comments from the Bank of Canada (BoC) may help to temper the bearish sentiment surrounding the... Read more
5 related stories
19d
Daily FX
US Crude Oil: What Would Nathan Rothschild Be Doing?Price & Time covers key technical themes daily and can be delivered to your inb
US Crude Oil: What Would Nathan Rothschild Be Doing?
Daily FX / Posted 19 days ago
Price & Time covers key technical themes daily and can be delivered to your inbox each morning by joining the distribution list: Price & Time Sentiment getting too negative? The two most dangerous words you can write in a research piece these days... Read more
20d
Daily FX
Pound Eyes Wages Data for Policy Clues, US Dollar May Rise on CPIBritish Pound Looks to Wage Growth Figures to Inform BOE Rate Hike Bets UK lab
Pound Eyes Wages Data for Policy Clues, US Dollar May Rise on CPI
Daily FX / Posted 20 days ago
British Pound Looks to Wage Growth Figures to Inform BOE Rate Hike Bets UK labor-market data headlines the economic calendar in European hours. Jobless claims are expected to rise for a fifth consecutive month, but traders are likely to pay more... Read more
20d
Daily FX
GBP/USD Risks Further Losses on Slowing U.K. Job/Wage GrowthA 2.8K rise in U.K. Jobless Claims accompanied with another slowdown in wage gr
GBP/USD Risks Further Losses on Slowing U.K. Job/Wage Growth
Daily FX / Posted 20 days ago
A 2.8K rise in U.K. Jobless Claims accompanied with another slowdown in wage growth may generate fresh 2016 lows in GBP/USD as it raises the Bank of England’s (BoE) scope to further delay its normalization cycle. The recent comments from BoE... Read more
5 related stories
20d
Daily FX
GBP/USD Remains Heavily Oversold- NZD/USD Rebound at RiskDespite the bullish reaction to the U.K. Consumer Price Index (CPI), GBP/USD st
GBP/USD Remains Heavily Oversold- NZD/USD Rebound at Risk
Daily FX / Posted 20 days ago
Despite the bullish reaction to the U.K. Consumer Price Index (CPI), GBP/USD struggles to hold its ground and continues to search for support as Bank of England (BoE) Governor Mark Carney shows a greater willingness to further delay the normalization... Read more
5 related stories
20d
Daily FX
S&P 500 - Everybody Too Bearish Too Soon?Price & Time covers key technical themes daily and can be delivered to your inb
S&P 500 - Everybody Too Bearish Too Soon?
Daily FX / Posted 20 days ago
Price & Time covers key technical themes daily and can be delivered to your inbox each morning by joining the distribution list: Price & Time 1955 area remains important upside pivot The lead story on the nightly news Friday was about equity market... Read more
20d
Daily FX
Pound May Rise on UK CPI, Market Mood Firms Despite China DataBritish Pound to Rise if Upbeat UK CPI Data Reboots BOE Rate Hike Bets UK CPI
Pound May Rise on UK CPI, Market Mood Firms Despite China Data
Daily FX / Posted 20 days ago
British Pound to Rise if Upbeat UK CPI Data Reboots BOE Rate Hike Bets UK CPI data headlines the economic calendar in European trading hours. The core year-on-year inflation rate is expected to register at 1.2 percent in December, unchanged from the... Read more
21d
Daily FX
DAX 30: Too Early to Call a LowThe German DAX 30 (FXCM: GER30) is bearish below Thursday’s high of 9949 and I
DAX 30: Too Early to Call a Low
Daily FX / Posted 21 days ago
The German DAX 30 (FXCM: GER30) is bearish below Thursday’s high of 9949 and I expect traders to see a correction to the 9678-9800 range as an opportunity to short-sell the DAX 30. The risk/reward ratio favours short-potions in this range with a stop... Read more
21d
Daily FX
FTSE 100 Remains Bearish Despite Today’s CorrectionLast week’s price action opens for a decline to the November 2012 low of 5596.5
FTSE 100 Remains Bearish Despite Today’s Correction
Daily FX / Posted 21 days ago
Last week’s price action opens for a decline to the November 2012 low of 5596.5 The FTSE 100 (as other global stock markets) is correcting some of last week’s losses and is expected to be volatile given the bearish market trend. The index (FXCM:... Read more
24d
Daily FX
EUR/USD Threatens Range; Retail FX Remains Net-Short Ahead of ECBEven though market participants anticipate the European Central Bank (ECB) to e
EUR/USD Threatens Range; Retail FX Remains Net-Short Ahead of ECB
Daily FX / Posted 24 days ago
Even though market participants anticipate the European Central Bank (ECB) to endorse a dovish outlook at the January 21 interest rate decision, EUR/USD climbs to a fresh monthly high (1.0983), with a close above 1.0970 (38.2% expansion) raising the... Read more
5 related stories
24d
Daily FX
GOLD: Just How Important is this Move?Price & Time covers key technical themes daily and can be delivered to your inb
GOLD: Just How Important is this Move?
Daily FX / Posted 24 days ago
Price & Time covers key technical themes daily and can be delivered to your inbox each morning by joining the distribution list: Price & Time Gold holds last week’s breakout level Gold looks to be at a critical near-term juncture. The breakout from... Read more
24d
Daily FX
Silver: May Bounce, Price at Lower End of its Recent RangeOn the other hand, macro traders and trend-followers will not buy silver prices
Silver: May Bounce, Price at Lower End of its Recent Range
Daily FX / Posted 24 days ago
On the other hand, macro traders and trend-followers will not buy silver prices being near the lower end of the recent range. Instead, they will wait for a break to the December low of$13.61 given that the longer-term trend is bearish. The... Read more
24d
Daily FX
FTSE 100 Slides on Commodity FirmsThe economic data docket is big today; we look forward to U.S Retail Sales, Ind
FTSE 100 Slides on Commodity Firms
Daily FX / Posted 24 days ago
The economic data docket is big today; we look forward to U.S Retail Sales, Industrial Production, and Michigan Consumer Confidence. The FTSE 100 (FXCM: UK100) slides this morning by 1% and is now approximately in the middle of this week’s range of... Read more
2 related stories
24d
Daily FX
DAX 30 Edges Lower, U.S. Retail Sales and I.P. On TapAll sectors of the DAX 30 are lower today. The biggest losses can be found in t
DAX 30 Edges Lower, U.S. Retail Sales and I.P. On Tap
Daily FX / Posted 24 days ago
All sectors of the DAX 30 are lower today. The biggest losses can be found in the Utilities sector (e.g. E.ON), followed by Consumer, Cyclicals (e.g. Continental). The trigger for a lower DAX 30 are commodity prices, as an example crude oil slid to a... Read more
24d
Daily FX
Canadian Dollar Drops with Crude Oil as IAEA Mulls Iran SanctionsThe Canadian Dollar caught up to selling pressure facing its commodity-bloc cou
Canadian Dollar Drops with Crude Oil as IAEA Mulls Iran Sanctions
Daily FX / Posted 24 days ago
The Canadian Dollar caught up to selling pressure facing its commodity-bloc counterparts late into the session as WTI crude oil prices dropped to the lowest level in close to 13 years. Newswires linked the plunge to worries about the impact of... Read more
24d
Daily FX
Dismal U.S. Retail Sales to Prop Up EUR/USD- Opening Range in FocusA 0.1% contraction in U.S. Retail Sales may drag on the greenback and spur a ne
Dismal U.S. Retail Sales to Prop Up EUR/USD- Opening Range in Focus
Daily FX / Posted 24 days ago
A 0.1% contraction in U.S. Retail Sales may drag on the greenback and spur a near-term advance in EUR/USD as it undermines the Fed’s scope to further normalize monetary in the first-half of 2016. Even though the Federal Open Market Committee (FOMC)... Read more
25d
Daily FX
Previously Unthinkable Becomes Quite Likely - Watch the Chinese YuanA volatile start to the year for Chinese markets has put significant pressure o
Previously Unthinkable Becomes Quite Likely - Watch the Chinese Yuan
Daily FX / Posted 25 days ago
A volatile start to the year for Chinese markets has put significant pressure on the Chinese Remninbi, and there is reason to believe Chinese officials may soon look for a more aggressive depreciation for the domestic currency. Put simply, the... Read more
3 related stories
25d
Daily FX
AUD/USD Manages to Hold Above 2015 Low; Retail FX Remains Net-LongEven though the long-term outlook for AUD/USD remains tilted to the downside, t
AUD/USD Manages to Hold Above 2015 Low; Retail FX Remains Net-Long
Daily FX / Posted 25 days ago
Even though the long-term outlook for AUD/USD remains tilted to the downside, the failed attempts to test the 2015 low (0.6906) may encourage a near-term rebound especially as the Relative Strength Index (RSI) holds above oversold territory. With... Read more
5 related stories
25d
Daily FX
GBP/USD: Is this only getting started?Price & Time covers key technical themes daily and can be delivered to your inb
GBP/USD: Is this only getting started?
Daily FX / Posted 25 days ago
Price & Time covers key technical themes daily and can be delivered to your inbox each morning by joining the distribution list: Price & Time 1.4475 And 1.4350 key near-term pivots I wrote last week about a potential timing relationship in the... Read more
25d
Daily FX
The DAX 30 Under Pressure, May Trigger Stops Below Its Weekly LowThe DAX 30 is under pressure as it searches support at this week’s low. The rec
The DAX 30 Under Pressure, May Trigger Stops Below Its Weekly Low
Daily FX / Posted 25 days ago
The DAX 30 is under pressure as it searches support at this week’s low. The recent slide in global stock markets follows a strong build up in gasoline inventories, see our FTSE 100 report for details. This has in turn triggered a slide in crude oil... Read more
2 related stories
25d
Daily FX
FTSE 100 Tests The Other Side of Its Weekly RangeThe FTSE 100 is soft and briefly traded below this week’s low of 5840. A sustai
FTSE 100 Tests The Other Side of Its Weekly Range
Daily FX / Posted 25 days ago
The FTSE 100 is soft and briefly traded below this week’s low of 5840. A sustained break to this level may trigger a decline to the August 2015 low of 5768. This scenario is looking fairly likely with the S&P 500 sliding below its weekly level... Read more
2 related stories
26d
Daily FX
GBP/USD Oversold Ahead of BoE- Will Governor Carney Talk Up Cable?Even though the Bank of England (BoE) interest rate decision is likely to revea
GBP/USD Oversold Ahead of BoE- Will Governor Carney Talk Up Cable?
Daily FX / Posted 26 days ago
Even though the Bank of England (BoE) interest rate decision is likely to reveal another 8-1 split within the central bank, the fresh comments may boost the appeal of the sterling and spur a near-term rebound in GBP/USD should the committee change... Read more
5 related stories
26d
Daily FX
AUD/USD to Eye 2015 Low on Dismal Australia Employment ReportA 10.0K contraction in Australia Employment accompanied by an uptick in the job
AUD/USD to Eye 2015 Low on Dismal Australia Employment Report
Daily FX / Posted 26 days ago
A 10.0K contraction in Australia Employment accompanied by an uptick in the jobless rate may spur fresh monthly lows in AUD/USD as it puts increased pressure on the Reserve Bank of Australia (RBA) to further embark on its easing cycle in 2016. The... Read more
26d
Daily FX
Gold Bounces From Familiar Territory- EUR/JPY Risks Larger ReboundGold prices stand at risk of extending the rebound from the end of 2015 as the
Gold Bounces From Familiar Territory- EUR/JPY Risks Larger Rebound
Daily FX / Posted 26 days ago
Gold prices stand at risk of extending the rebound from the end of 2015 as the precious metal comes off of former resistance around $1,080 (23.6% retracement), while the Relative Strength Index (RSI) largely retains the bullish formation from back in... Read more
26d
Daily FX
USDJPY - Flirting With a Mid-1990’s ReduxPrice & Time covers key technical themes daily and can be delivered to your inb
USDJPY - Flirting With a Mid-1990’s Redux
Daily FX / Posted 26 days ago
Price & Time covers key technical themes daily and can be delivered to your inbox each morning by joining the distribution list: Price & Time End of month cycle window looks pivotal USD/JPY found support on Monday at the 88.7% Fibonacci retracement... Read more
26d
Daily FX
Silver Price: A Range Trader’s ParadiseSilver maintains its $14.40 to $13.61 range, and it’s likely that range trading
Silver Price: A Range Trader’s Paradise
Daily FX / Posted 26 days ago
Silver maintains its $14.40 to $13.61 range, and it’s likely that range trading will dominate. Those keen on following trends will therefore probably be better off seeking out action elsewhere. Silver failed to capitalise on yesterday’s dollar... Read more
26d
Daily FX
DAX Trades Higher In line with Global Stock MarketsThe DAX is now trading above yesterday’s high, making the short-term trend bull
DAX Trades Higher In line with Global Stock Markets
Daily FX / Posted 26 days ago
The DAX is now trading above yesterday’s high, making the short-term trend bullish Biggest risk to this fragile uptrend is any upcoming action by the Chinese central bank The DAX is now trading above yesterday’s high, which makes the short-term... Read more
26d
Daily FX
FTSE 100 May Be On Verge Of Trading HigherWe will continue to watch the high of 6011, as a break to this level may sugges
FTSE 100 May Be On Verge Of Trading Higher
Daily FX / Posted 26 days ago
We will continue to watch the high of 6011, as a break to this level may suggest that the trend has turned bullish Chinese trade data published overnight adds a bit more of a bullish feel to the market The FTSE 100 has stabilised after last week’s... Read more
3 related stories
26d
Daily FX
Markets Cheer China Data But Fed Comments May Sour SentimentUpbeat China Trade Data Amplifies Sentiment Rebound in Overnight Trade The sen
Markets Cheer China Data But Fed Comments May Sour Sentiment
Daily FX / Posted 26 days ago
Upbeat China Trade Data Amplifies Sentiment Rebound in Overnight Trade The sentiment-linked Australian and New Zealand Dollars outperformed while funding currencies like the Euro, Franc and Japanese Yen traded lower as risk appetite firmed in Asian... Read more
27d
Daily FX
Cable Continues to Search for Support- FX Position Back at ExtremeGBP/USD extends the decline from earlier this week as U.K. Industrial & Manufac
Cable Continues to Search for Support- FX Position Back at Extreme
Daily FX / Posted 27 days ago
GBP/USD extends the decline from earlier this week as U.K. Industrial & Manufacturing unexpectedly contracts in November; with the Relative Strength Index (RSI) pushing deeper into oversold territory, downside targets remain in focus with the next... Read more
5 related stories
27d
Daily FX
FTSE 100 Lifted By Bargain HuntersThe FTSE 100 is higher by 0.58% at the time of writing, as bargain hunters buy
FTSE 100 Lifted By Bargain Hunters
Daily FX / Posted 27 days ago
The FTSE 100 is higher by 0.58% at the time of writing, as bargain hunters buy stocks following last week’s strong decline. However, the downward trend is not over for the FTSE 100 as the index would need to break Friday’s high of 6012 before we can... Read more
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27d
Daily FX
DAX 30: Is it Preparing for a Bounce?DAX is rangebound and bearish below Friday’s NFP high of 10,123, however, the r
DAX 30: Is it Preparing for a Bounce?
Daily FX / Posted 27 days ago
DAX is rangebound and bearish below Friday’s NFP high of 10,123, however, the risk/reward ratio is starting to favour the Bulls. The DAX is rangebound over the last three days with Friday’s high of 10,123 (NFP high) capping price, while this week’s... Read more
3 related stories
28d
Daily FX
COT-Large Speculators Flip to Net Long Japanese Yen PositionSubscribe to Jamie Saettele's distribution list in order to receive several fre
COT-Large Speculators Flip to Net Long Japanese Yen Position
Daily FX / Posted 28 days ago
Subscribe to Jamie Saettele's distribution list in order to receive several free reports per week The COT Index is the difference between net speculative positioning and net commercial positioning measured. A blue colored bar indicates that the... Read more
28d
Daily FX
USD/JPY RSI Sits in Oversold Territory, Retail FX Remains Net-LongUSD/JPY stands at risk for a larger decline as the pair continues to carve lowe
USD/JPY RSI Sits in Oversold Territory, Retail FX Remains Net-Long
Daily FX / Posted 28 days ago
USD/JPY stands at risk for a larger decline as the pair continues to carve lower lows while the Relative Strength Index (RSI) preserves the bearish formation from back in November but, the oscillator may highlight a near-term exhaustion as it holds... Read more
5 related stories
28d
Daily FX
Silver Prices May Reach $14.64. Discrepancy To Gold PricesWith a strong link existing between the two metals, the rise in gold prices sug
Silver Prices May Reach $14.64. Discrepancy To Gold Prices
Daily FX / Posted 28 days ago
With a strong link existing between the two metals, the rise in gold prices suggests that silver should be trading at $14.64 (currently at $13.97). One potentially valid reason for the current discrepancy may be that 50% of the demand for silver is... Read more
28d
Daily FX
DAX 30 May Slide To 9659 As Risk Appetite Remains LowThe DAX 30 is, like so many other equity markets around the world, struggling.
DAX 30 May Slide To 9659 As Risk Appetite Remains Low
Daily FX / Posted 28 days ago
The DAX 30 is, like so many other equity markets around the world, struggling. The index remains bearish below Friday’s high of 10,089 and would need to break this level for buyers to take over. Until this happens however, the index may keep on... Read more
28d
Daily FX
FTSE 100 Claws Back Losses, But Needs to Break 6012 To Turn BullishThe FTSE 100 is short-term bearish below Friday’s high of 6012 and a break to t
FTSE 100 Claws Back Losses, But Needs to Break 6012 To Turn Bullish
Daily FX / Posted 28 days ago
The FTSE 100 is short-term bearish below Friday’s high of 6012 and a break to this level will turn the short-term trend bullish with the FTSE 100 possibly rallying to its January 5 high of 6164. Data supporting a bullish case is Friday’s U.S.... Read more
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1m
Daily FX
USDOLLAR Breakout Attempt Fizzles Despite Upbeat NFP ReportEven though the Dow Jones-FXCM U.S. Dollar clears the November high (12,219) fo
USDOLLAR Breakout Attempt Fizzles Despite Upbeat NFP Report
Daily FX / Posted a month ago
Even though the Dow Jones-FXCM U.S. Dollar clears the November high (12,219) following the 292K expansion in Non-Farm Payrolls (NFP), another failed attempt to produce a higher closing price may continue to produce range-bound prices as U.S. wage... Read more
2 related stories
1m
Daily FX
Silver Prices: Trade At Discount to Gold Prices, NFP On TapThe price of silver plunged this morning as European stock markets rallied on n
Silver Prices: Trade At Discount to Gold Prices, NFP On Tap
Daily FX / Posted a month ago
The price of silver plunged this morning as European stock markets rallied on news that the Chinese central bank has left the fixing of its currency near Thursday’s level, a move that has supported Chinese stock markets. The same factors we... Read more
1m
Daily FX
FTSE 100 May Carve Out a Multi-Day Low on Today’s NFPThe FTSE 100 has turned into a less bearish trend as it traded above the intrad
FTSE 100 May Carve Out a Multi-Day Low on Today’s NFP
Daily FX / Posted a month ago
The FTSE 100 has turned into a less bearish trend as it traded above the intraday high of 5978, with price also creating a double bottom at 5876. However, there is still some bearish bias left and we may reach 5900 if today’s U.S. NFP prints lower... Read more
1m
Daily FX
Why Does Yuan Devaluation Hurt Chinese Stock Markets?Retail Dominance of Chinese Stock Trading May Explain Yuan Relationship Sentim
Why Does Yuan Devaluation Hurt Chinese Stock Markets?
Daily FX / Posted a month ago
Retail Dominance of Chinese Stock Trading May Explain Yuan Relationship Sentiment trends continued to drive currency market price action in overnight trade. Investors’ mood brightened after two days of aggressive selling after China suspended... Read more
1m
Daily FX
EUR/USD Rebound to Fizzle on Strong U.S. NFP ReportAnother 200K expansion in Non-Farm Payrolls (NFP) paired with a meaningful pick
EUR/USD Rebound to Fizzle on Strong U.S. NFP Report
Daily FX / Posted a month ago
Another 200K expansion in Non-Farm Payrolls (NFP) paired with a meaningful pickup in U.S. wage growth may trigger a short-term selloff in EUR/USD as it puts increased pressure on the Federal Open Market Committee (FOMC) to further normalize monetary... Read more
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