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EURJPY – Euro Eyeing Further Gains Vs Japanese Yen

Key Points

  • The Euro popped higher against the Japanese Yen, and traded above the 116.40-50 resistance.
  • There is a solid bullish trend line formed with support at 116.40 on the hourly chart of AUDJPY.
  • Earlier today in the Euro Zone, Read More →

GBP: More Short Covering On UK Snap Election To Bring 1.3445 In Focus – NAB

NAB FX Strategy Research notes that the GBP has stages a significant rally in reaction to UK Prime Minister Theresa May's calling for a snap General Election on June 8th 2017.

In that regard, NAB notes the GBP/USD exchange Read More →

USD takes a breather; Markets resume after easter break

In his comments to the Financial Times, US Treasury Secretary Steven Mnuchin, helped the US Dollar stir away from its recent lows. The US Dollar index (DXY) had recently tested lows of 100 seen at the end of last week. Read More →