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US Breaking News: ISM Services PMI Dampens Strong US Data Streak

US Breaking News: ISM Services PMI Dampens Strong US Data Streak

ISM services PMI data revealed higher prices but lower activity, new orders and employment figures. The services sector continues to expand but softer...
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USD/MXN Short-Term Rally Continues as US Treasury Yields Climb

USD/MXN Short-Term Rally Continues as US Treasury Yields Climb

The US dollar is gaining on the Mexican Peso for a fourth day in a row – is the long-term technical outlook for USD/MXN starting to change?...
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Oil Price Update: WTI and Brent Pullback on Continuing Risk Off Sentiment

Oil Price Update: WTI and Brent Pullback on Continuing Risk Off Sentiment

Oil markets tentatively continue the move lower as markets digest the effect of the Fitch downgrade. An extended WTI pullback towards $82 may re-engag...
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UK Breaking News: BoE Hikes by 25bps to 15-Year High

UK Breaking News: BoE Hikes by 25bps to 15-Year High

GBP/USD remains under pressure despite the BoE hiking rates by 25bps. The dovish slant to the announcement added to risk off sentiment, keeping cable ...
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EUR/USD Continues to Slide as EUR/JPY Retreats from YTD High, What Next?

EUR/USD Continues to Slide as EUR/JPY Retreats from YTD High, What Next?

Euro faces renewed pressure as business activity continues to decline. Is this the beginning of a long-term downtrend or merely a correction following...
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Nasdaq 100, S&P 500 and CAC40 all Fall as European and US Indices Come Under Further Pressure.

Nasdaq 100, S&P 500 and CAC40 all Fall as European and US Indices Come Under Further Pressure.

​​Selling continues in indices, as the effects of the US downgrade continue to rock markets....
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Australian Dollar Hurt by Dampened Risk Appetite; AUD/USD, AUD/CAD, AUD/SGD Price Setups

Australian Dollar Hurt by Dampened Risk Appetite; AUD/USD, AUD/CAD, AUD/SGD Price Setups

A scaling back in risk appetite and an unexpected pause by the Reserve Bank of Australia (RBA) earlier in the week is weighing on AUD. What is the out...
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US Dollar Price Forecast: Investors Retreat to USD Sanctuary

US Dollar Price Forecast: Investors Retreat to USD Sanctuary

The U.S. dollar is capitalizing on the risk aversion in global markets as investors seek out safe haven assets. DXY approaching key resistance levels....
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Japanese Yen and Nikkei 225 tank as US Dollar Re-Asserts Itself. New USD/JPY Highs?

Japanese Yen and Nikkei 225 tank as US Dollar Re-Asserts Itself. New USD/JPY Highs?

The Japanese Yen melted again today as the US Dollar ascendency got back on track after investors and traders reassessed their exposure to risk assets...
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