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Monthly archive August, 2016

EURJPY – Euro Eyeing a Break Vs Japanese Yen

Key Points

  • The Euro today faced a lot of sellers against the Japanese yen and traded down.
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RBA To Cut Or See AUD/USD At 0.80 – Morgan Stanley

Tomorrow the RBA will decide on interest rates. The July inflation indication provided by the Melbourne Institute has come down to 1%Y from 1.5%Y in June. Australia’s import prices are falling rapidly, with China's RMB-TWI depreciation playing in.

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Dollar takes a breather after sharp drop from sluggish GDP data

The US dollar nursed its wounds on Monday after dropping sharply on Friday following disappointing US growth figures. The yen took a breather on Monday after it recorded large gains following the Bank of Japan's decision to introduce a much Read More →