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Monthly archive July, 2016

Daily Report On July 04, 2016

This Monday, July 4th, financial and commodity markets in the US will be closed for the Independence Day holiday. Markets currently are expected to face some significant moves resulting from thin trading action and low volume due to the absence Read More →

AUDUSD – Aussie Dollar Gaining Pace

Key Points

  • Aussie dollar traded higher against the US Dollar, and it looks set for more gains Read More →

EUR/USD: En-Route To 1.05 In 3M; Market To Keep Selling Rallies – Credit Suisse

We are lowering our 3m EURUSD forecast to 1.05 from 1.17 previously, reflecting the likely growth spillover into the wider European region from the UK's woes.

Our former forecast had anticipated a general jump in European currencies which were Read More →

Aussie drops as election results raise uncertainty

The Aussie dollar was off on a rollercoaster ride at the open on Monday as heightened political uncertainty from an unclear election result at home contributed to uncertainty. Meanwhile anxiety over Brexit diminished slightly which put sterling and the other Read More →

EURCHF – Euro Approaching Breakout Vs CHF

Key Points

  • Euro is currently consolidating in a range against the Swiss Franc, and may be heading Read More →