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EUR/USD Analysis

The euro is rallying for last two weeks as reports surfaced that the European Central Bank (ECB) had discussed the possibility of introducing a rate hike before the end of its quantitative easing (QE) programme.Also the urgency for ECB to use ultra-loose monetary policy to achieve its inflation target is receding.
On the US dollar front there is a feeling that the economy is not as strong as everyone thinks and/or the Trump-growth agenda will take much longer than expected to implement and the F…
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AUD/CAD Analysis

The Australian economy is continuing its transition following the end of the mining investment boom, expanding by around 2½ per cent in 2016. Exports have risen strongly and non-mining business investment has risen over the past year. Most measures of business and consumer confidence are at, or above, average. Consumption growth was stronger towards the end of the year, although growth in household income remains low.
In Canada, recent consumption and housing indicators suggest growth in the fou…
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AUD/JPY Analysis.

The Australian economy is continuing its transition following the end of the mining investment boom, expanding by around 2½ per cent in 2016. Exports have risen strongly and non-mining business investment has risen over the past year. Most measures of business and consumer confidence are at, or above, average. Consumption growth was stronger towards the end of the year, although growth in household income remains low.
The Japanese economy is advancing at moderate which is better than earlier qua…
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AUD/NZD analysis.

The Australian economy is continuing its transition following the end of the mining investment boom, expanding by around 2½ per cent in 2016. Exports have risen strongly and non-mining business investment has risen over the past year. Most measures of business and consumer confidence are at, or above, average. Consumption growth was stronger towards the end of the year, although growth in household income remains low.
Economic growth in New Zealand has increased as expected and is steadily drawi…
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AUS.IDX/AUD Analysis.

The Australian economy is continuing its transition following the end of the mining investment boom, expanding by around 2½ per cent in 2016. Exports have risen strongly and non-mining business investment has risen over the past year. Most measures of business and consumer confidence are at, or above, average. Consumption growth was stronger towards the end of the year, although growth in household income remains low.
Weekly Chart
Bollinger Bands: The Bollinger band width is suggesting the AUS.I…
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CAC 40 Outlook

France GDP expanded 0.4 percent quarter-on-quarter in the December quarter of 2016, compared to a 0.2 percent growth in the three months to September. It was the second straight quarter of growth and the strongest since the March quarter, driven by a faster increase in household consumption, government spending and investment while net external demand contributed slightly to the GDP.
Weekly Charts:
Bollinger Bands: The Bollinger band width is suggesting that the uptrend will continue albeit at a…
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Dow Jones Outlook.

The U.S. economy has exhibited remarkable resilience in the face of adverse shocks in recent years, and economic developments since mid-2016 have shown that the economy is on track to achieve our statutory goals. Job gains have remained quite solid, and the unemployment rate, at 4.8 percent in January, is now in line with the median of FOMC participants' estimates of its longer-run normal level. On the whole, the prospects for further moderate economic growth look encouraging, particularly as ri…
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AUD/USD Analysis.

The Australian economy is continuing its transition following the end of the mining investment boom, expanding by around 2½ per cent in 2016. Exports have risen strongly and non-mining business investment has risen over the past year. Most measures of business and consumer confidence are at, or above, average. Consumption growth was stronger towards the end of the year, although growth in household income remains low.
On the US dollar front there is a feeling that the economy is not as strong as…
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USD/CAD Analysis.

On the US dollar front there is a feeling that the economy is not as strong as everyone thinks and/or the Trump-growth agenda will take much longer than expected to implement and the Fed intends to push ahead with a three-hike plan that in and of itself, will trigger an economic retrenchment.
In Canada, recent consumption and housing indicators suggest growth in the fourth quarter of 2016 may have been slightly stronger than expected. However, exports continue to face the ongoing competitiveness…
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USD/CHF Analysis.

The SNB’s expansionary monetary policy is aimed at stabilising price developments and supporting economic activity. The Swiss franc is still significantly overvalued. The negative interest rate and the SNB’s willingness to intervene in the foreign exchange market are intended to make Swiss franc investments less attractive, thereby easing pressure on the currency.
On the US dollar front there is a feeling that the economy is not as strong as everyone thinks and/or the Trump-growth agenda will ta…
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EUR/AUD Analysis.

The euro is rallying for last two weeks as reports surfaced that the European Central Bank (ECB) had discussed the possibility of introducing a rate hike before the end of its quantitative easing (QE) programme. Also the urgency for ECB to use ultra-loose monetary policy to achieve its inflation target is receding.
The Australian economy is continuing its transition following the end of the mining investment boom, expanding by around 2½ per cent in 2016. Exports have risen strongly and non-minin…
Read full story
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DEU.IDX/EUR Outlook.

In Germany Year-on-year, the GDP advanced 1.2 percent, slower than preliminary estimates of a 1.6 percent growth and a 1.5 percent expansion in the third quarter. It was the weakest expansion since the September quarter 2014. Household final consumption rose 1.5 percent, the same pace as in the previous quarter. Government consumption expanded 3.2 percent, down from a 3.5 percent expansion in the September quarter. Overall consumption contributed 1.5 percentage points to growth. Gross fixed capi…
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USD/JPY Analysis.

The Japanese economy is advancing at moderate which is better than earlier quarters of negative to flat growth. The growth is boosted by exports, government spending and private non-residential investment while household consumption is flat. Domestic demand is likely to follow an uptrend, with a virtuous cycle from income to spending being maintained in both the household and corporate sectors, on the back of highly accommodative financial conditions and fiscal spending through the government's …
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