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Evening Press Review
Fri, 13 May 2016 15:41:15 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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US CCI improves most in May
Fri, 13 May 2016 15:30:17 GMT
 
The University of Michigan's preliminary Consumer Confidence Index jumped to 95.8 in May, following April's 89.0 points and registering the highest result since last year. Until today, analysts expected the >>
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US business inventories surge in March
Fri, 13 May 2016 15:19:06 GMT
 
US business stockpiles rose by 0.4% in March, which includes retailers, wholesale merchants and manufacturers. The reading is the highest since August 2015 and came well above the 0.2% estimate. >>
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USD/CAD attempts to retake 1.29
Fri, 13 May 2016 15:08:07 GMT
 
The US Dollar remained completely unchanged against the Canadian counterpart, despite rather weak US fundamentals initially triggering a sell-off towards the 1.28 level yesterday. >>
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AUD/USD risks closing under 0.73
Fri, 13 May 2016 14:57:19 GMT
 
The Australian Dollar managed to pierce the nearest support yesterday and almost reach the second target, represented by the monthly S2 at 0.7302. >>
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Dukascopy Aggregate Technical Indicator Afternoon
Fri, 13 May 2016 14:46:06 GMT
 
Dukascopy Aggregate Technical Indicator for 30 min and 1H time frame charts for major pairs for the last 144 periods till 15:30 GMT. >>
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NZD/USD on the edge of erasing weekly gains
Fri, 13 May 2016 14:35:50 GMT
 
The NZD/USD pair's performance was similar to the USD/CAD's, as it remained relatively unchanged over the past 24 hours, with exception of experiencing a four-pip rally. >>
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EUR/JPY puts 123.00 to the test
Fri, 13 May 2016 14:35:35 GMT
 
Upon reaching the nearest resistance around 124.60, the EUR/JPY cross lost momentum and retreated from its intraday highs, ultimately closing with a 14-pip rally. >>
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GBP/USD 4H Chart: Channel Up
Fri, 13 May 2016 14:31:05 GMT
 
The Pound is expected to complete another leg down by the end of next week when it hits the 1.4176 marker, currently backed by the weekly S2 along with the >>
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CHF/SGD 1H Chart: Triangle
Fri, 13 May 2016 14:20:04 GMT
 
Outlook for the Swiss Franc against the Singapore Dollar is bullish. This currency pair has been building a symmetrical triangle pattern in the 1H chart, where the first leg has >>
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New York's trading session starts slightly in the red on Friday
Fri, 13 May 2016 14:09:12 GMT
 
Wall Street started trading slightly lower on Friday, as Apple drove down markets on Thursday. Investors cheered for the strong increase of US April retail sales. Standard & Poor's 500 >>
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US retail sales in April released higher than expected
Fri, 13 May 2016 13:32:12 GMT
 
April came with a resurrection of consumer spending shown in just released US retail sales numbers. Total retail sales on monthly basis increased 1.3%, which is the sharpest jump in >>
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Iran reaches pre-sanction oil output levels in April
Fri, 13 May 2016 13:21:13 GMT
 
After sanctions on Iran were lifted, this crude oil producer ramped up production to regain their market share and now reached pre-sanction levels of November 2011. International Energy Agency reports, >>
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Aussie declines to 10-week low
Fri, 13 May 2016 13:10:03 GMT
 
The Australian Dollar encountered the deepest plunge since March 2 on Friday, following speculation on further rate cuts by the RBA. The Aussie traded 0.7% cheaper against the US Dollar >>
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Investors awaiting bullish New York trading session on Friday
Fri, 13 May 2016 11:33:13 GMT
 
Investors prepared for negative trading session in New York on Friday, as most expect fall in US retail sales in April. Futures of equity in New York fell before weekend. >>
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