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Morning Press Review
Wed, 15 Oct 2014 08:14:05 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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EUR/JPY 1H Chart: Falling Wedge
Wed, 15 Oct 2014 08:03:44 GMT
 
EUR/JPY has been on a down-trend since the middle of September, when the pair failed to consolidate above the 141 mark. Since the pair could not find a bullish impetus >>
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EUR/AUD 4H Chart: Channel Up
Wed, 15 Oct 2014 08:03:38 GMT
 
The EUR/AUD cross gained momentum, after reaching the lowest level in more than a year at 1.3799. Moreover, at this level the pair received a bullish impetus that helped to >>
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USD/CHF is short-term bullish
Wed, 15 Oct 2014 07:21:04 GMT
 
Despite intensive selling the last few days the rising support line (Aug 17 and Sep 4 lows) remains intact. >>
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USD/JPY is poised to resume rally
Wed, 15 Oct 2014 07:10:04 GMT
 
There are signs USD/JPY has finally bottomed out at 106.60 after tumbling all the way from 110. >>
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GBP/USD slides to 1.59
Wed, 15 Oct 2014 06:59:25 GMT
 
The Sterling took a major hit yesterday, falling nearly 200 pips in one day, as the support represented by the monthly S1 and now former 2014 low failed to nullify >>
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EUR/USD stopped by 1.2740
Wed, 15 Oct 2014 06:59:18 GMT
 
Although EUR/USD seemed to have found strong support at 1.26 when it hit the Aug-Sep down-trend, the rally initiated there was unable to penetrate the resistance at 1.2740. >>
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Swiss producer prices fall, Franc appreciates versus Euro amid economic woes
Wed, 15 Oct 2014 06:57:03 GMT
 
Producer prices in Switzerland declined for a second consecutive month in September. The Swiss Federal Statistical Office reported its PPI fell by a seasonally adjusted 0.1% last month, in line >>
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Australians feel slightly more confident
Wed, 15 Oct 2014 06:46:03 GMT
 
Australian consumers began to feel slightly more optimistic in October about the economic outlook and their finances; however, the number of pessimists outweighs those who feel upbeat amid Australia's weak >>
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Britain's inflation fall further away from BoE's goal, triggering delay in rate hike
Wed, 15 Oct 2014 06:35:03 GMT
 
Britain's inflation rate fell further in September as declining oil prices and a stronger local currency lowered imports costs, reinforcing the view the Bank of England will maintain interest rates >>
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Consumer spending will protect US economy from external headwinds
Wed, 15 Oct 2014 06:24:04 GMT
 
US small business confidence fell in September as the number of owners, who expect a decline in profits and sales, tightening in credit conditions and a difficulty to fill job >>
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German ZEW index plunges in October
Wed, 15 Oct 2014 06:13:04 GMT
 
Now all the talks are about a possible recession in the Euro zone, as well as in its so-called growth engine—Germany, as the latest data from the region does not >>
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NZD/USD is little changed around 20-day SMA
Tue, 14 Oct 2014 15:37:06 GMT
 
NZD/USD currency pair has not changed much since the last time of writing, the most what it has done is reaching the major level at 0.79. >>
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USD/CAD appreciates towards 1.1250
Tue, 14 Oct 2014 15:26:17 GMT
 
The US Dollar is continuing its gradual appreciation against the Canadian peer. As of today the pair reached the 1.1250 and traded just around 20 pips short of this year's >>
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AUD/USD tests 0.88
Tue, 14 Oct 2014 15:15:25 GMT
 
The Aussie slipped, after testing the 0.88 level today. Although, at the same time the AUD/USD cross managed to keep its positions above the major level at 0.87. >>
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