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Morning Press Review
Wed, 13 Aug 2014 07:55:17 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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Japanese GDP contracts the most since 2011
Wed, 13 Aug 2014 07:31:10 GMT
 
Japan's economy shrunk by the largest amount since the 2011 earthquake as spending dropped after the sales-tax increase in April. The country's GDP lost an annualized 6.8% in this year's second quarter as >>
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Japan falls on easing tensions, industrial output decline
Wed, 13 Aug 2014 07:20:13 GMT
 
As geopolitical tensions are easing in Ukraine, the Japanese Yen has been weakening for a second day losing its appeal for investors as demand for safe haven currencies is falling. >>
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Aussie's business confidence and conditions surprisingly jump in July
Wed, 13 Aug 2014 07:09:11 GMT
 
Australian business confidence surprisingly rose at to a one-year high, while business conditions jumped to the highest level in four years in July amid a surge in construction activity. >>
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All eyes on BoE Inflation report
Wed, 13 Aug 2014 06:58:09 GMT
 
As today the Bank of England releases its Inflation Report, investors will compel their attention to the data to find indication concerning the timing of interest rate hike from the >>
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USD/CHF continues to struggle with 0.91
Wed, 13 Aug 2014 06:47:16 GMT
 
Yesterday's attempt to break 0.91 did not turn out to be successful. >>
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USD/JPY's recovery remains brittle
Wed, 13 Aug 2014 06:46:41 GMT
 
Although the U.S. Dollar is not as lively as expected after diving to 101.53, the currency is nevertheless grinding higher. >>
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GBP/USD receives support from 200-day SMA
Wed, 13 Aug 2014 06:46:31 GMT
 
After the Cable approached the 200-day SMA, the currency pair received a strong impetus and covered a portion of the losses made last Friday. >>
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EUR/USD puts pressure on 1.3350
Wed, 13 Aug 2014 06:46:22 GMT
 
EUR/USD is currently eroding the weekly S1 at 1.3350, a breach of which is expected to lead to a test of the 2013 Q4 low at 1.33. >>
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U.S. jobs openings rise to 13-year high in June
Wed, 13 Aug 2014 06:44:09 GMT
 
The number of job openings in the world's number one economy rose to the highest level in 13 years in June, a positive sign that indicates the nation's economy as >>
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German business morale hit by geopolitical tensions
Wed, 13 Aug 2014 06:33:08 GMT
 
German business morale deteriorated the most since the end of 2012 in August as the Ukraine crisis weighed sharply on investors' confidence >>
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NZD/USD remains supported around 0.8450
Tue, 12 Aug 2014 15:52:08 GMT
 
NZD/USD touched the 0.84 today; however, it bounced back to trade around the long-term up-trend support line at 0.8435. >>
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USD/CAD fails to rebound
Tue, 12 Aug 2014 15:41:03 GMT
 
The U.S. Dollar tested the weekly PP at 1.0954 today, after yesterday the pair slid below this level. We expect the pair to pick up and to breach the weekly >>
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AUD/USD touches 0.9250 level
Tue, 12 Aug 2014 15:30:12 GMT
 
The Australian currency is still looking for a driver as the pair seems stuck above the 0.9250 mark. Possibly the strong support levels (weekly and monthly S1 at 0.9222/19) are >>
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EUR/JPY dives beneath 136.50 mark
Tue, 12 Aug 2014 15:19:09 GMT
 
The pair prolonged its both—shorter and longer term declines and slipped below the 136.50 level. Meanwhile, EUR/JPY is entering a narrower range of trading, meaning that we might see a >>
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