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Tag Archives: forex reviews

Will the dollar index stop the rally after reacting off highs?

Summary: The dollar fell back against a basket of six major currencies after hitting highs on the back of the U.S. nonfarm payrolls report which showed the first negative reading in the headline number while the unemployment rate ticked down and average hourly earnings ticked up. The gold bounced back after creating a low at 1260.4 which could be an important base in the near future. In Asian morning...

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The dollar rally capped while gold declined further

Summary: The in-line-with-expected EU August CPI which rose to 1.5% (YoY) for the final figure from 1.3% gave some supports to the euro and helped it to hold above the 1 hour chart trend for now. The dollar index whipsawed on its 4 hour chart while the gold declined sharply below its daily EMA30, potentially to stage a corrective rebound in the short term. On the previous ...

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Volatility in financial markets increased; U.S. retail sales eyed

Summary: The GBP soared to a fresh one-year high at 1.3406, stimulated by latest BOE forward guidance although the central bank decided to hold policy rates unchanged at 0.25%. The dollar rallied after U.S. reported its August CPI, which rises regarding to MoM and YoY. However, it was short-lived as North Korea launched missile test and made threatening remarks which pushed safe haven currencies up. The highlight among major macro data today is the upcoming U....

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Forex – Aussie holds steady after weak NAB data, kiwi edges higher – Investing.com

NewslineForex - Aussie holds steady after weak NAB data, kiwi edges higherInvesting.comInvesting.com - The Australian dollar was steady against its U.S. counterpart on Tuesday, after the release of downbeat Australian data, while the New Zealand dollar edged higher as market sentiment continued to recover from concerns caused by ...FOREX-Dollar recovers as Irma, North Korea worries ebbReutersFOREX-Dollar clings to most of its gains as risk sentiment improvesNasdaqFOREX-Dollar stabilises after selloff...

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CBN injects fresh $250 million into FOREX market – Premium Times

Premium TimesCBN injects fresh $250 million into FOREX marketPremium TimesWhile assuring authorised dealers of sufficient funds to meet the foreign exchange needs of customers, Mr. Okorafor urged all operators to adhere strictly to the extant guidelines on the sale of FOREX in the Nigerian FOREX market. He advised those in ...CBN Injects Another $250m Into The Forex MarketProshare Nigeria Limited (press release) (registration)all

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FOREX-Dollar rebounds as Irma, North Korea worries ebb – Reuters

Investing.comFOREX-Dollar rebounds as Irma, North Korea worries ebbReutersFOREX-Dollar rebounds as Irma, North Korea worries ebb. Reuters Staff. 3 Min Read. (Updates with U.S. market open; changes dateline; previous LONDON). * Net short bets against dollar remain at multi-year highs. * Euro falls after comments from ECB's ...Forex - Dollar extends gains as North Korea, Irma fears easeInvesting.comFOREX-Dollar stabilises after selloff; focus on N.Korea, Hurricane IrmaNasdaqForex – Dollar remains broadly higher in subdued tradeNewslineall...

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