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NZD/USD keeps consolidating between 0.6760 and 0.6840
Tue, 17 May 2016 13:37:07 GMT
 
Due to the Kiwi being a commodity-linked currency, the NZD/USD currency pair managed to retreat from intraday lows yesterday and end the day in the green zone with a 23-pip >>
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AUD/USD takes another shot at 0.73
Tue, 17 May 2016 13:26:04 GMT
 
An increase in oil prices yesterday caused the AUD/USD currency pair to edge higher, but the rally was unsufficient to maintain trade above the 0.73 major level. >>
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USD/CAD attempts to retake 1.29
Tue, 17 May 2016 13:15:32 GMT
 
As was anticipated, the psychological resistance line at 1.2962 caused the USD/CAD to make a U-turn and even fall back under the 1.29 level. >>
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EUR/JPY retakes 124.00
Tue, 17 May 2016 13:15:16 GMT
 
On Monday the European single currency edged higher against the Yen, retaking the 123.00 major level and breaching the immediate resistance in face of the weekly PP. >>
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European markets open high as inflation data looms
Tue, 17 May 2016 13:14:51 GMT
 
European stocks opened strong as the positive sentiment spilled over from global bourses. The DAX 30 index gained 0.5% and showed 10 005.89 points, whilst the FTSE 100 rose 0.4% >>
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EUR/CHF 4H Chart: Channel Up
Tue, 17 May 2016 12:27:07 GMT
 
Another leg to the north is emerging in the 4H chart for the EUR/CHF currency pair. The key short-term resistance to meet is located ten pips below the round 1.11 >>
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Community Forecasts for May 16 - 20: USD/JPY 1W Chart
Tue, 17 May 2016 12:16:05 GMT
 
Despite all risks to the economy, the Japanese Yen has been one of the main gainers this year so far. >>
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Community Forecasts for May 16 - 20: GBP/USD 1W Chart
Tue, 17 May 2016 12:05:10 GMT
 
The cable posted same movement as its counterpart EUR/USD since similar tendency was developing over the last week. >>
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AUD/JPY 1H Chart: Double Bottom
Tue, 17 May 2016 11:54:18 GMT
 
Outlook for the Aussie is bullish, although some downside risks are going to persist in the foreseeable future. AUD/JPY is expected to test the pattern's upper boundary, which is represented >>
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Community Forecasts for May 16 - 20: EUR/USD 1W Chart
Tue, 17 May 2016 11:53:51 GMT
 
EUR/USD pair was trading on a calm note with a steep jump in the middle of the week and sharp drop by the end of the observed period. >>
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Swiss PPI jumps over forecasts
Tue, 17 May 2016 09:39:05 GMT
 
The Producer Price Index climbed 0.3% and surprised analysts who had forecast a 0.1% gain. The occurrence is chiefly surprising because the Consumer Price Index failed to escape the red >>
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UK inflation expected to grow far from target
Tue, 17 May 2016 09:28:05 GMT
 
The UK inflation rate release on Tuesday is anticipated to show a steady 0.5% year-on-year advance for April, continuously showing the highest level in 15 months. The forecast is disappointingly >>
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Surprise UK inflation data driven by air fare plunge
Tue, 17 May 2016 09:17:45 GMT
 
The UK CPI fell short of analyst expectations as the data release showed a 0.1% monthly decrease in the measure for April, missing the predicted 0.3%, with air fares, clothing >>
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Gold gives up at weekly R1 amid risk-on mood
Tue, 17 May 2016 08:38:08 GMT
 
After testing the most immediate daily resistance line, which is represented by the weekly R1 at 1,287.68, the bullion was forced to erase these intraday gains amid growing risk appetite >>
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USD/JPY gravitates towards 109.00
Tue, 17 May 2016 08:27:11 GMT
 
Even though the US Dollar edged higher against the Yen on Monday and even erased Friday's losses, the resistance trend-line of the falling wedge was not put to the test. >>
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