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Evening Press Review
Tue, 08 Mar 2016 15:11:20 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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NZD/USD unable to burst through 0.68
Tue, 08 Mar 2016 15:11:11 GMT
 
The New Zealand Dollar ended the day in the green zone against the US Dollar, as a rebound in oil prices strengthened the commodity currency. >>
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USD/CAD risks breaking the pattern
Tue, 08 Mar 2016 15:11:01 GMT
 
On Monday the support cluster around 1.3305 failed to provide sufficient support, causing the USD/CAD not only to edge below the descending channel's lower border, but also to close under >>
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AUD/USD attempts to edge higher for the seventh day in a row
Tue, 08 Mar 2016 15:10:55 GMT
 
The Aussie set off with a 65-pip rally, mainly due to an increase in iron ore prices yesterday. >>
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EUR/JPY remains on the back foot
Tue, 08 Mar 2016 15:10:49 GMT
 
The EUR/JPY currency pair was unable to breach the immediate support, namely the weekly PP, and, as a result, barely returned under the 125.00 level. >>
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Dukascopy Aggregate Technical Indicator Afternoon
Tue, 08 Mar 2016 14:52:04 GMT
 
Dukascopy Aggregate Technical Indicator for 30 min and 1H time frame charts for major pairs for the last 144 periods till 16:30 GMT. >>
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USD/CHF 4H Chart: Channel Down
Tue, 08 Mar 2016 14:38:03 GMT
 
There are good chances the bunch of technical levels between 0.9931 and 0.9977 will be capable of sending the Dollar/Franc currency pair strongly to the downside in the nearest future. >>
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EUR/SGD 1H Chart: Double Bottom
Tue, 08 Mar 2016 14:27:05 GMT
 
Since double bottoms are reversal patterns, the current rebound looks completely explainable    and justified. The red horizontal trend-line seems to have already been breached and now the rally is >>
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Community Forecasts for March 7 - 11: USD/JPY 1W Chart
Tue, 08 Mar 2016 12:11:06 GMT
 
The Dollar/Yen pair started trading on Monday at the 113.2 level, but was able to penetrate bearish momentum and advanced to 114.4 on March 2. >>
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Community Forecasts for March 7 - 11: GBP/USD 1W Chart
Tue, 08 Mar 2016 12:00:05 GMT
 
The GBP/USD currency cross was moving mostly to the north during the previous trading week, opening Monday on a rather negative note at 1.396. >>
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Community Forecasts for March 7 - 11: EUR/USD 1W Chart
Tue, 08 Mar 2016 11:49:04 GMT
 
During the previous trading week, the single European currency generally outperformed the Dollar, as the pair was pushed up on negative statistical data from the largest global economy. >>
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GBP/JPY 1H Chart: Channel Up
Tue, 08 Mar 2016 09:13:05 GMT
 
So far the GBP/JPY cross has not experienced major problems in building another leg down as a part of correction inside the channel up pattern. However, just shortly the Pound >>
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China's exports dives 25.4% in February; trade surplus shrinks
Tue, 08 Mar 2016 09:00:13 GMT
 
China's trade plummeted in February amid sluggish global demand and a business shutdown during the Lunar New Year holiday. >>
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Japan's economy contracts less than expected in Q4, with consumption undermining growth
Tue, 08 Mar 2016 08:49:07 GMT
 
Japan's economy slowed less than initially thought in the last quarter of 2015, though the country remains on the brick of falling into another recession despite Prime Minister Shinzo Abe's >>
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Inflation may start to pick up soon to reach 2% goal, Fischer says
Tue, 08 Mar 2016 08:38:05 GMT
 
Fed Vice Chairman Stanley Fischer noted that US inflation may be starting to edge higher from too-low levels, a key condition for further interest rate hike. >>
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