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EUR/USD – USD/JPY: Ahead Of US Industrial Production; What To Expect? – ING
ING FX Strategy Research discusses the USD outlook into today's US industrial production for the month of October (9:15 am EST).
"Our economists look for healthy Oct US Industrial Production reading pointing to a near 3% GDP growth in Read More →
GBPJPY – Can British Pound Break This Vs Japanese Yen?
Key Points
- The British Pound has recovered well from the 148.15 support against the Japanese Yen.
- There is a major bearish trend line forming with resistance at 149.00 on the hourly chart of GBPJPY.
- Recently in Japan, the foreign bond Read More →
US Dollar on the Defensive; Aussie enjoys a small bounce back on the back of Employment
The US Dollar was unable to capitalise on improved core inflation figures released Wednesday and for the month of October. Advanced Retail Sales, also released yesterday and for the same period, was also better than expected.
However what would Read More →
USD/CAD: Little Bias In The Pair But Data Surprise Momentum Points To Downside – TD
TD FX Strategy Research discusses USD/CAD outlook noticing that pair is trading around the midpoint of the past month’s trading range, but it maintains about a 1% gap to the 60d range.
"This suggests little bias in the pair, Read More →