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US housing starts increase more-than-expected in April
Tue, 17 May 2016 14:05:07 GMT
 
In the United States, housing starts grew 6.6% to a 1.17 million-unit pace on a seasonally adjusted basis in April, according to the Department of Commerce. In the meantime, March's >>
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April's US CPI posts largest gain since 2013
Tue, 17 May 2016 13:48:08 GMT
 
The US Department of Commerce reported that consumer prices jumped 0.4% month-over-month in April, surpassing the 0.3% forecast and following the 0.1% increase seen in March. That was the biggest >>
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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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