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Monthly archive June, 2017

EURAUD – Euro Remains Sell Near 1.5125 Vs Aussie Dollar

Key Points

  • The Euro traded below an important support of 1.5170 against the Aussie Dollar to initiate a downside move.
  • There was a bullish trend line break noted at 1.5185 on the hourly chart of EURAUD.
  • Today in the Euro Read More →

GBPJPY – Can British Pound Recover Above 142.50 Vs Japanese Yen

Key Points

  • The British Pound made a downside move below 143.00 against the Japanese Yen, and later found support at 141.95.
  • The GBPJPY pair is currently attempting a break above a bearish trend line at 142.42 on the hourly chart.
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USD: ‘Trump-China Squeeze’; M-Term Implications For USD? – Nomura

Nomura FX Strategy Research notes that with the recent sudden drop in USD/CNY occurring around the same time as President Trump was criticizing German trade, there may be a renewed focus on US trade policy by policymakers around the world.

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