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Monthly archive July, 2017

Dollar steady as jobs report surprises upwards

The dollar rose on Friday following the jobs report which showed U.S. employers added far more jobs than expected in June and previous months, keeping the Federal Reserve on track to raise interest rates at least one more time this Read More →

EURAUD – Euro To Retest 1.5070 Vs Aussie Dollar?

Key Points

  • The Euro is in an uptrend above 1.5000 against the Aussie Dollar, and may continue to move higher.
  • There is a crucial bullish trend line support forming near 1.5000 on the hourly chart of EURAUD.
  • Today in the Read More →

IMM Report: USD Net Short For First Time Since May ’16; EUR Longs Outnumber Shorts 2:1

Scotiabank FX Strategy Research comments on the latest IMM report (covering up to Tuesday July 4 and were released Friday July 7).

Overall, ScotiaFX notes that this week’s report showed a deterioration in the USD aggregate and pushing it Read More →

G10FX: A Pivotal Time For Risk Markets Over Summer; What’s The Trade? – Nomura

Nomura FX Strategy Research notes argues that the coming months over the summer is likely to be pivotal for markets.

"Given that most expect the Fed to announce quantitative tightening in September or October and the ECB to announce Read More →