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Gold near 5-year low amid weak Chinese demand
Tue, 28 Jul 2015 14:48:12 GMT
Concerns over weaker imports to China along with a stronger Greenback (against the background of the expected US interest rate hike in September) dragged the price of the precious metal >>
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USD/JPY 1H Chart: Channel Down
Tue, 28 Jul 2015 14:37:10 GMT
Given the recent developments in the USD/JPY pair, the US Dollar is likely to keep underperforming the Yen for now. Although the technical studies are mostly pointing upwards at the >>
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Evening Press Review
Tue, 28 Jul 2015 14:27:03 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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AUD/NZD 1H Chart: Channel Down
Tue, 28 Jul 2015 14:16:28 GMT
Formation of a bearish channel implies a negative outlook. This idea is reinforced in the daily chart, since the pair has recently broken through the neck-line of the double bottom. >>
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NZD/USD takes opportunity to rise after channel breakout
Tue, 28 Jul 2015 13:50:07 GMT
The New Zealand Dollar managed to break out of the descending channel, as a rally occurred yesterday. >>
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USD/CAD in tight range between 1.30 and six-year high
Tue, 28 Jul 2015 13:39:13 GMT
"Front-end U.S. yields are slightly higher - I think that's a key driver. But what's been driving markets over the last few weeks has been weakness in commodity prices." - BNP >>
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AUD/USD sets eye on 0.73
Tue, 28 Jul 2015 13:28:03 GMT
In spite of rather substantial volatility to the upside, the AUD/USD remained relatively unchanged yesterday. >>
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EUR/JPY stuck between 136.00 and 137.00
Tue, 28 Jul 2015 13:17:04 GMT
The European currency behaved exactly with accordance to expectations on Monday. >>
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Sterling rises on positive GDP data
Tue, 28 Jul 2015 13:06:05 GMT
The Pound jumped against the Greenback on Tuesday, following the growth in the UK economy, showed in the second quarter. The Cable rose 0.17% to $1.5585, after being traded in >>
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US stock futures gain on upcoming FOMC meeting
Tue, 28 Jul 2015 10:21:03 GMT
The US stock indices are set to open higher on Tuesday, on highly awaited Fed meeting. Moreover, traders are anticipating consumer-confidence data later in the day. The NASDAQ 100 Index >>
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European markets in green despite China
Tue, 28 Jul 2015 10:10:03 GMT
Stock markets across Europe edged higher on Tuesday, even though Chinese equities recorded losses for the second straight day. The Stoxx 600 advanced 0.5% to 388 points, the DAX 30 >>
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Sterling higher amid UK economic growth
Tue, 28 Jul 2015 09:59:12 GMT
The Pound jumped after the British economy grew in line with economist expectations. The UK's Gross Domestic Product rose by 0.7% in Q2, while it grew year-over-year slightly below the >>
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Bullion hovers near five-year lows ahead of FOMC statement
Tue, 28 Jul 2015 09:48:05 GMT
Gold stayed around its weakest levels since 2010, despite the cheaper US Dollar, as investors remain doubtful, awaiting the FOMC announcement due tomorrow. The yellow metal traded around $1095 per >>
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Euro lower amid China worries
Tue, 28 Jul 2015 09:37:04 GMT
The common currency declined against the Greenback on Tuesday, after worries over Chinese stock market turmoil spread to Europe. The Euro fell 0.25% to 1.1065 against the Dollar. The shared >>
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Oil falls amid stock markets rout
Tue, 28 Jul 2015 09:26:43 GMT
Crude prices declined to four-month low on early Tuesday after stocks around the world dropped, following the tumble in Chinese equities. Meanwhile, the concerns of global oversupply still weight the >>
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