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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 →

Week Ahead: USD Big Test Into Payrolls, Short AUD On Crosses Into RBA

Credit Agricole CIB Research expects US fiscal stimulus to be 'delayed and diluted' after the setback for the Trump reflation trade on the failure of the Republican healthcare bill.

On the USD front, CACIB expects Fed speakers and US Read More →