Forex
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Monthly archive April, 2017
Dollar retreats against yen as Fed’s Dudley seemingly dovish
The dollar retreated slightly on Friday with some dovish remarks by a Federal Reserve policymaker. Sour data on the U.S. economy also dampened the sanguine mood from earlier this week.
The euro bounced from a two-week low, and the Read More →
EUR/GBP: Overvalued; Shorts Attractive Ahead Of French Election – TD
TD Research still like EUR/GBP lower on the grounds that the prospects of selling EUR/GBP reflects a few short-term drivers.
"Despite the nearly 2% percent drop last week, we like following the momentum in the cross. For one, the Read More →
AUDUSD – Aussie Dollar Looks Set To Retest 0.7585 Vs US Dollar
Key Points
- The Aussie dollar declined recently and broke the 0.7620 support area against the US Dollar.
- There was a break below a bullish trend line at 0.7644 on the hourly chart of AUDUSD.
- In Australia today, the Retail Sales Read More →