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Morning Press Review
Thu, 11 Dec 2014 09:36:07 GMT
 
Stay informed about the latest news on the economy, politics, FX by reading our press review with top videos and comments from world's leading financial bloggers. >>
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GBP/AUD 4H Chart: Rising Wedge
Thu, 11 Dec 2014 09:19:07 GMT
 
The Pound started to outperform the Australian Dollar on third week of November and ever since then it has not looked by. Even more, it has formed a rising wedge >>
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USD/TRY 1H Chart: Descending Triangle
Thu, 11 Dec 2014 09:04:19 GMT
 
Recently the pair reached November high at 2.2810; however, afterwards it started falling and by doing that it formed a descending triangle pattern. US Dollar is trading around the upper >>
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Gold stays stable above $1,220
Thu, 11 Dec 2014 08:54:04 GMT
 
The price of Gold was little changed in course of the trading day on Wednesday, as a small correction took place and followed a major gain of a day before. >>
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USD underperforms relative to JPY
Thu, 11 Dec 2014 08:53:53 GMT
 
The US Dollar's weakness is spurring the Japanese Yen's recovery, as of now USD/JPY has approached the 118 level, meaning that it has lost almost 400 pips in the week. >>
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GBP/USD gains for third consecutive day
Thu, 11 Dec 2014 08:53:42 GMT
 
GBP/USD has breached 1.57 level and it is continuing to appreciate, at least that is what it has done for the first three days of the week. >>
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EUR/USD approaches 1.25
Thu, 11 Dec 2014 08:53:27 GMT
 
EUR/USD continued to show a strong upward development during the trading session back on Wednesday, as it managed to rise through the weekly R1 and monthly PP to reach the >>
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Dukascopy Aggregate Technical Indicator Morning
Thu, 11 Dec 2014 08:53:16 GMT
 
Dukascopy Aggregate Technical Indicator for 30 min, 1H, 4H and 1D time frame charts for major pairs for the last 144 periods till 08:30 GMT. >>
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GBP/USD gains for third consecutive day
Thu, 11 Dec 2014 08:49:59 GMT
 
"Pending orders in 100-pip range are strongly bearish with 69% of them set to sell. Therefore, a decrease in value is likely, the closest support is placed at 1.5641 and >>
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USD underperforms relative to JPY
Thu, 11 Dec 2014 08:49:42 GMT
 
"The distribution between the buy and sell orders have narrowed; although, the buy ones are still in the lead - 58% and 42% respectively. That could lead to a rebound >>
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RBNZ keeps official cash rate at 3.5%, dairy prices to rebound in 2015
Thu, 11 Dec 2014 08:26:04 GMT
 
The Reserve Bank of New Zealand kept interest rates unchanged at 3.5%, with a modest inflation pressures allowing the central bank some time for assessment and more gradual rate hikes. >>
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Gold stays stable above $1,220
Thu, 11 Dec 2014 08:11:38 GMT
 
"Opened positions for Gold stay positive (59% bullish / 41% bearish). It is possible that Gold will continue growing in price, with the closest resistance for it located at 1,244 >>
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EUR/USD approaches 1.25
Thu, 11 Dec 2014 08:11:27 GMT
 
"Pending orders in 100-pip range from the current market price were unchanged during last 24 hours and stayed negative (42% bullish / 58% bearish). In case the pair increases in >>
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Sales tax high continues weighing on Japan's consumers, manufacturers
Thu, 11 Dec 2014 08:04:08 GMT
 
April's sales tax increase continues weighing on consumer sentiment in Japan, as Cabinet Office survey revealed confidence among households fell for a fourth consecutive month in November. >>
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UK trade gap narrows to 7-month low, McCafferty urges to hike rate
Thu, 11 Dec 2014 07:53:05 GMT
 
The gap between the amount of British imports and exports narrowed to the lowest level in seven months in October, but weakness in trade remained a drag on the country's >>
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