Blog Archives

US Presidential Debate Drives FX Market

Market Brief The foreign exchange market reacted sharply to yesterday’s first US Presidential debate. Emerging market currencies were broadly better bid, especially the Mexican pesos and the Canadian dollar that appreciated the most as experts agreed to say to that

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Markets: Round One Clinton 1 – 0 Donald

Round one of the U.S. presidential debate is over and as expected big punches were exchanged from both sides, but clearly no knockout blows were landed. Although polls were showing different outcomes of who won the debate, financial markets obviously

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Dollar Rebounds Slightly After Presidential Election Debate

Rates: Bund tests key resistance, but break didn’t occurRisk sentiment on stock markets will probably be today’s main driver for core bond markets. Do bourses get some relief after the outcome of the first US presidential debate? Or will European

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EUR/USD – Euro Remains Listless, US Consumer Confidence Next

EUR/USD continues to have a quiet week, as the markets look for economic cues. There are no major Eurozone releases scheduled until Thursday. German Import Prices declined 0.1%, marking the first decline in four months. The Eurozone M3 Money Supply

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German Business Morale Rises To Its Highest Level Since 2014

Daily Forex Fundamentals | Written by Dukascopy Swiss FX Group | Sep 27 16 08:46 GMT ‘All in all, disappointing hard data in July and falling soft data since the Brexit vote had provided further evidence that the German economy

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Silver Prices Fall Deeper into Narrowing Range – DailyFX

What’s inside: Silver remains in oscillation mode between converging daily trend-lines The very short-term trend is lower within the contracting range Weakness could carry down to around 19, but not any lower if our daily bullish set-up is to maintain

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Precious Metals' Appeal Wanes As The Dollar Strengthens – Investing.com

A couple of developments made precious metals soar in the first half of the year. A falling dollar was the first development that helped , and group metals soar. Second, the U.K.’s Brexit referendum. Since their January’s lows, gold, silver,

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Why the Algiers gathering will NOT help oil prices – Forex Crunch

Once again, OPEC members are discussing a potential deal to lift oil prices. A total cut seems to be off the cards, but some freeze in production levels could be possible in the gathering on the sidelines of a conference in Algiers.

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German Retail Sales For August Are Due Out Today

Market movers today In the US today, the preliminary Markit PMI service index for September is due. The index has been right about the weak GDP growth rates over the past three quarters, so another weak print will be a

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Bank Of Japan Kept Its Interest Rate Unchanged At -0.1%

General credit market news The FOMC maintained the Fed funds target rate at 0.25%- 0.50%, in line with consensus and market pricing. Looking at the rate decision, there were three dissenters voting for an immediate hike and since three FOMC

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