Currencies

  • US Dollar (.DXY) To Best Close In 11 Months

    US Dollar (.DXY) To Best Close In 11 Months

    US Dollar (.DXY) To Best Close In 11 Months 10-Yr: unch..2.398%.. USD/JPY: 102.87.. EUR/USD: 1.3317 The US  Dollar (.DXY) Index trading near 81.90 seeing an 11-month high, and higher against all major counterparts. EUR/USD is -45 pips at 1.3315 trade seeing its lowest close since September. Fears of a Japan-like stagnation have weighed on Eur with traders shifting their focus to ECB head ...
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  • Euro Weakens Further On Good U.S. Housing Data

    Euro Weakens Further On Good U.S. Housing Data

    Euro Weakens Further On Good U.S. Housing Data EUR/USD Open 1.3359 High 1.3399 Low 1.3352 Close 1.3361 Monday Euro/Dollar decreased with 45 pips. The single currency depreciated from 1.3399 to 1.3352, matching the negative money flow sentiment at around -17%, closing the day at 1.3361. Tuesday morning Euro is trading quietly, with movements at the ...
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  • GBP On Worst Losing Streak Since 2010, Carney Dampens Rate Bets

    GBP On Worst Losing Streak Since 2010, Carney Dampens Rate Bets

    GBP On Worst Losing Streak Since 2010, Carney Dampens Rate Bets GBP fell for a 6th wk running Vs the USD, its longest slide in 4 yrs, as participants pushed back their expectations for the timing of the Bank of England’s (BOE) 1st interest-rate hike since Y 2007. Cable depreciated for a 3rd wk running ...
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  • Malaysia Q-2 Growth Tops Forecast, Ringgit Leads Asian FX Gains

    Malaysia Q-2 Growth Tops Forecast, Ringgit Leads Asian FX Gains

    Malaysia Q-2 Growth Tops Forecast, Ringgit Leads Asian FX Gains Malaysia portfolio investments turn to net inflow in Q-2, Won, ringgit lead Asia FX weekly gainers The Malaysian ringgit hit a near 10-month high after data showing stronger than expected Q-2 economic growth, while other emerging Asian currencies were set to report weekly appreciations on hopes ...
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  • US Treasuries Up, US Dollar Down

    US Treasuries Up, US Dollar Down

    US Treasuries Up, US Dollar Down US Treasuries Climbed on Reports of Escalation in Ukraine 10-Yr: +19/32..2.324%.. USD/JPY: 102.30.. EUR/USD:1.3385 Afternoon Update US Treasuries 2y +01/32 at 100 05/32 3y +03/32 at 100 01/32 5y +08/32 at 100 15/32 7y +14/32 at 101 25/32 10y +19/32 at 100 12/32 30y +28/32 at 99 28/32   US Dollar (DXY) Index ...
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  • US Dollar Drifted Flat To Little Changed, US Treasuries Gain

    US Dollar Drifted Flat To Little Changed, US Treasuries Gain

    US Dollar Drifted Flat To Little Changed, US Treasuries Gain 10-Yr: +02/32..2.408%.. USD/JPY: 102.49.. EUR/USD:1.3362 The US Dollar (.DXY) Index drifted little changed near 81.60, the Buck pressed to session lows near 81.40 following Thursday's larger than expected initial and continuing claims, but rallied as stocks moved North. EUR/USD is flat at 1.3365 as trade has managed to shrug off this morning's disappointing ...
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  • US Real Estate: Mortgage Rates Fall

    US Real Estate: Mortgage Rates Fall

    US Real Estate: Mortgage Rates Fall Mortgage rates were slightly lower this week, with the benchmark 30-year fixed mortgage rate sliding to 4.27 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.26 discount and origination points. To see mortgage rates in your area, go to http://www.bankrate.com/funnel/mortgages/. The ...
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  • HEFFX Daily FX Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF

    HEFFX Daily FX Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF

    HEFFX Daily FX Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF Crude Oil (NYMEX) (U4) Intraday: under pressure. Pivot: 97.8 Our preference: Short positions below 97.8 with targets @ 96.6 & 95.85 in extension. Alternative scenario: Above 97.8 look for further upside with 98.25 & 98.6 as targets. Comment: As long as 97.8 is ...
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  • US Dollar Held Small Gains, US Treasuries Finish On The Highs

    US Dollar Held Small Gains, US Treasuries Finish On The Highs

    US Dollar Held Small Gains, US Treasuries Finish On The Highs The US Dollar (DXY) Index holds small gains as trade points to the 81.60 mark. The resistance area has proved difficult to break over the past 2 wks, this is and  11-month high mark.  EUR/USD is flat at 1.3365, Euro saw early selling probe the 1.3350 ...
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  • US Dollar (.DXY) Little Changed On The Day

    US Dollar (.DXY) Little Changed On The Day

    US Dollar (.DXY) Little Changed On The Day 10-Yr: -02/32..2.440%.. USD/JPY: 102.21.. EUR/USD: 1.3366 The US Dollar (.DXY) Index gave up its early gains,  now little changed near 81.50. An early bid challenged 81.70 and faded. EUR/USD is -20 pips at 1.3365 as trade seeing its lowest close since September. Euro saw early selling pressure after the Eurozone and German ZEW surveys fell well ...
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  • High Quality Fake $100 Bills Elude Detection

    High Quality Fake $100 Bills Elude Detection

    High Quality Fake $100 Bills Elude Detection It was the most popular counterfeit $100 in circulation, and for more than 10 yrs its makers were unknown to the US Secret Service. Agents collected and analyzed the fake C-Notes which 1st surfaced in Israel in the late 1990s. They were so good that they were often ...
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  • Bitcoin Dubbed "Wild West" Of Finance By CFPB

    Bitcoin Dubbed “Wild West” Of Finance By CFPB

    Bitcoin Dubbed "Wild West" Of Finance By CFPB Bitcoin, and other virtual currencies are the "Wild West" of financial products because of risks including huge swings in exchange rates, the US Consumer Financial Protection Bureau (CFPB) said Monday. "Virtual currencies are not backed by any government or central bank, and at this point consumers are ...
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  • US Dollar Flat, US Treasuries Flat

    US Dollar Flat, US Treasuries Flat

    US Dollar Flat, US Treasuries Flat 10-Yr: +01/32..2.420%.. USD/JPY: 102.15.. EUR/USD:1.3385 Afternoon Update US Treasuries 2y Unch at 100 03/32 3y Unch at 99 29/32 5y +02/32 at 100 01/32 7y +01/32 at 101 02/32 10y +01/32 at 100 21/32 30y +02/32 at 102 24/32   US Dollar (.DXY) Index EUR/USD -25 pips at 1.3385 GBP/USD +15 pips at ...
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  • HEFFX Daily FX Alerts

    HEFFX Daily FX Alerts

    HEFFX Daily FX Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF Crude Oil (NYMEX) (U4) Intraday: supported by a rising trend line. Pivot: 97.3 Our preference: Long positions above 97.3 with targets @ 98.25 & 98.65 in extension. Alternative scenario: Below 97.3 look for further downside with 96.6 & 95.85 as targets. Comment: The ...
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  • Technical Analysis: EUR

    Technical Analysis: EUR

    Technical Analysis: EUR Last Friday we saw another Bullish rebound as the pair stabilized above 50% correction at 1.3375 as showing on chart below. The attempts to break the mark failed, as the pair faced this week Linear Regression Indicator 55 at 1.3415 - 1.3420. Failing to stabilize below 1.3375 brings on a suggestion for ...
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  • Currency Market Exchange Rates In China, 11 August

    Currency Market Exchange Rates In China, 11 August

    Currency Market Exchange Rates In China, 11 August - Following are the central parity rates of the Chinese currency renminbi against 10 major currencies announced on Monday by the China Foreign Exchange Trading System: Currency Unit Central parity rate (in Yuan) USD 100 615.22 EUR 100 824.67 JPY 100 6.0292 HKD 100 79.37 GBP 100 ...
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  • USD Weakend On US Air Strikes In Iraq

    USD Weakend On US Air Strikes In Iraq

    USD Weakend On US Air Strikes In Iraq The US Dollar (DXY) Index weakened against most major currencies Friday as the United States launched air strikes against militants in Iraq. Japanese Yen and Swiss Franc strengthened Vs their peers as the US early Friday,as the US launched its 1st targeted airs trikes on the forces ...
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  • US Dollar Down, US Treasuries Up

    US Dollar Down, US Treasuries Up

    US Dollar Down, US Treasuries Up 10-Yr: +09/32..2.386%.. USD/JPY: 101.85.. EUR/USD:1.3416 Afternoon Update US Treasuries 2y Unch at 100 04/32 3y +01/32 at 100 01/32 5y +03/32 at 100 06/32 7y +05/32 at 101 10/32 10y +09/32 at 100 31/32 30y +14/32 at 103 06/32   US Dollar (.DXY) Index EUR/USD +55 pips at 1.3415 GBP/USD -55 pips at ...
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  • HEFFX Daily FX Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF

    HEFFX Daily FX Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF

    HEFFX Daily FX Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF Crude Oil (NYMEX) (U4) Intraday: limited upside. Pivot: 96.6 Our preference: Long positions above 96.6 with targets @ 98.7 & 99.2 in extension. Alternative scenario: Below 96.6 look for further downside with 95.85 & 95 as targets. Comment: The RSI is bullish and ...
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  • GBP/USD Approaches Monthly S1 And 200-Day SMA

    GBP/USD Approaches Monthly S1 And 200-Day SMA

    GBP/USD Approaches Monthly S1 And 200-Day SMA Cable's direction is 'broadly moving sideways but if there are  better US numbers over the next couple of weeks, that will be more of a driver of how much USD enthusiasm there is out there. Pair's Outlook As implied by the near-term technical studies, the GBP continues to ...
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  • USDJPY News: Bank of Japan Stalls New Stimulus

    USDJPY News: Bank of Japan Stalls New Stimulus

    USDJPY News: Bank of Japan Stalls New Stimulus The Bank of Japan on Friday held fire on expanding its vast stimulus program, saying the world's number three economy continued to recover, even as the country's export picture worsened. The decision was widely expected and investors would now turn their focus to a regular post-meeting press ...
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  • US Dollar Up, US Treasuries Up

    US Dollar Up, US Treasuries Up

    US Dollar Up, US Treasuries Up 10-Yr: +10/32..2.431%.. USD/JPY: 102.05.. EUR/USD:1.3350 Afternoon Update US Treasuries 2y Unch at 100 03/32 3y +02/32 at 99 31/32 5y +05/32 at 100 01/32 7y +07/32 at 101 00/32 10y +10/32 at 100 17/32 30y +19/32 at 102 17/32   US Dollar (DXY) Index EUR/USD -30 pips at 1.3350 GBP/USD -20 pips at ...
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  • US Real Estate: Mortgage Rates Rise

    US Real Estate: Mortgage Rates Rise

    Mortgage rates were little changed once again this week, extending the recent trend. The benchmark 30-year fixed mortgage rate nosed higher to 4.29 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.29 discount and origination points. To see mortgage rates in your area, go to http://www.bankrate.com/funnel/mortgages/. The ...
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  • EURUSD, AUDUSD Hit By Russia, Ukraine War

    EURUSD, AUDUSD Hit By Russia, Ukraine War

    EURUSD, AUDUSD Hit By Russia, Ukraine War While the European Central Bank is expected to keep its policy on hold at its meeting later in the day, Wednesday's data and persistently low inflation in the euro zone should keep alive market expectations for the bank to eventually turn to quantitative easing. Against this backdrop, the ...
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  • US Dollar Flat, US Treasuries Up

    US Dollar Flat, US Treasuries Up

    US Dollar Flat, US Treasuries Up 10-Yr: +08/32..2.459%.. USD/JPY: 102.00.. EUR/USD:1.3375 Afternoon Update US Treasuries 2y Unch at 100 02/32 3y Unch at 99 29/32 5y +04/32 at 99 29/32 7y +05/32 at 100 26/32 10y +08/32 at 100 11/32 30y +14/32 at 102 04/32   US Dollar (.DXY) Index EUR/USD +5 pips at 1.3375 GBP/USD -30 pips at ...
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  • HEFFX Daily FX Alerts

    HEFFX Daily FX Alerts

    HEFFX Daily FX Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF Crude Oil (NYMEX) (U4) Intraday: the downside prevails. Pivot: 98.7 Our preference: Short positions below 98.7 with targets @ 96.5 & 95.85 in extension. Alternative scenario: Above 98.7 look for further upside with 99.2 & 99.8 as targets. Comment: The immediate trend remains ...
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  • Steve Forbes Supports The Gold Standard

    Steve Forbes Supports The Gold Standard

    Steve Forbes Supports The Gold Standard Steve Forbes, Chairman of Forbes Media, once again has made clear his support for a Gold Standard."Gold maintains its intrinsic value better than anything else on Earth, and that's for 4,000 yrs," he said Tuesday."And when you see the USD price fluctuate around Gold, that means the dollar is ...
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  • US Dollar Up, US Treasuries Mixed

    US Dollar Up, US Treasuries Mixed

    US Dollar Up, US Treasuries Mixed 10-Yr: -07/32..2.508%.. USD/JPY: 102.80.. EUR/USD: 1.3365 Afternoon Update US Treasuries 2y Unch at 100 01/32 3y -02/32 at 99 27/32 5y -05/32 at 99 22/32 7y -06/32 at 100 16/32 10y -07/32 at 99 28/32 30y -14/32 at 101 06/32   US Dollar (DXY) Index EUR/USD -55 pips at 1.3365 GBP/USD +10 pips at ...
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  • HEFFX Daily FX Alerts

    HEFFX Daily FX Alerts

    HEFFX Daily FX Alerts Crude Oil (NYMEX) (U4) Intraday: bullish bias above 97.5. Pivot: 97.5Our preference: Long positions above 97.5 with targets @ 98.7 & 99.2 in extension.Alternative scenario: Below 97.5 look for further downside with 97.1 & 96.5 as targets.Comment: The RSI is above its neutrality area at 50%. Prices are trading in a ...
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  • US Dollar FMQ Keeps Growing Despite US Fed Tapering

    US Dollar FMQ Keeps Growing Despite US Fed Tapering

    US Dollar FMQ Keeps Growing Despite US Fed Tapering June’s fiat money quantity (FMQ) components have been released by the St Louis Fed, and it stands at a record $13.132-T. As can be seen in the chart below, it is $5.48-T more than an extension of the pre-Lehman crisis exponential growth trend. At this point ...
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  • Currencies Are Poised For More Shifts

    Currencies Are Poised For More Shifts

    Currencies Are Poised For More Shifts The world’s major currencies, which have traded in a relatively stable range, are now in motion buffeted by different regional growth and interest rates as well as a simmering brew of geopolitical tensions. Differences are particularly noticeable between the US and Europe, and how far apart currencies in those ...
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  • US Treasuries Up, US Dollar Flat

    US Treasuries Up, US Dollar Flat

    US Treasuries Up, US Dollar Flat 10-Yr: +02/32..2.481%.. USD/JPY: 102.50.. EUR/USD:1.3415 Afternoon Update US Treasuries 2y Unch at 100 01/32 3y +01/32 at 99 28/32 5y Unch at 99 27/32 7y +02/32 at 100 23/32 10y +02/32 at 100 04/32 30y -04/32 at 101 21/32   US Dollar (DXY) Index EUR/USD -15 pips at 1.3415 GBP/USD +30 pips at ...
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  • GBP Has Longest Losing Streak In 16 Months

    GBP Has Longest Losing Streak In 16 Months

    GBP Has Longest Losing Streak In 16 Months GBP declined for a 4th wk running Vs USD, the longest losing streak in 16 months, as UK economic data from manufacturing output to consumer confidence has come in weaker than forecast. Cable dropped to the lowest mark in 7 wks Vs the Buck  after data showed ...
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  • HEFFX Asia FX Outlook USDJPY AUDUSD USDINR

    HEFFX Asia FX Outlook USDJPY AUDUSD USDINR

    HEFFX Asia FX Outlook USDJPY AUDUSD USDINR The Bank of Japan will deliver its latest policy verdict on Friday, following the sharpest fall in factory output since the devastating earthquake and tsunami of 2011. With the BOJ already having created money at a furious rate, any policy shift is unlikely. But it may have to ...
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  • US Dollar (DXY) Pulled Back At The 10 Month High

    US Dollar (DXY) Pulled Back At The 10 Month High

    US Dollar (DXY) Pulled Back At The 10 Month High The US Dollar Index (DXY) helds losses as trade struggled  to hold 81.30. Early action saw the DXY attack 81.50 for the 3rd session running, but sellers came in at 10-month highs. EUR/USD is +40 pips at 1.3425 as put in its 1st real gainer in more than 2 wks.Recent ...
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  • HEFFX Daily FX Alerts

    HEFFX Daily FX Alerts

    HEFFX Daily FX Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF Crude Oil (NYMEX) (U4) Intraday: under pressure. Pivot: 99.75Our preference: Short positions below 99.75 with targets @ 97.4 & 96.65 in extension.Alternative scenario: Above 99.75 look for further upside with 100.6 & 101.2 as targets.Comment: The RSI is below its neutrality area at ...
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  • US Dollar Flat, US Treasuries Flat

    US Dollar Flat, US Treasuries Flat

    US Dollar Flat, US Treasuries Flat 10-Yr: +01/32..2.548%.. USD/JPY: 102.80.. EUR/USD:1.3385 Afternoon update US Treasuries 2y Unch at 99 28/32 3y +01/32 at  99 20/32 5y +01/at @ 99 11/32 7y +01/32 at 100 03/32 10y +01/32 at 99 17/32 30y +01/32 at 101 09/32   US Dollar Index (.DXY) EUR/USD -10 pips at 1.3385 GBP/USD -25 pips at ...
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  • GBPUSD Overvalued

    GBPUSD Overvalued

    The BoE is expected to leave interest rates on hold at a record low 0.5 percent when it meets next week. "When you look at the data, the momentum in the economy is strong enough to continue to expect the (BoE) to gear up for tightening in the next few months," said Sam Hill, senior ...
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  • EURUSD European Recovery Was All Talk

    EURUSD European Recovery Was All Talk

    EURUSD European Recovery Was All Talk By country, Spain saw annual deflation of 0.3 percent in July, after the economy roared ahead in the three months to June at its fastest pace since before the financial crisis. In Germany, inflation eased to 0.8 percent, days after the ECB and the Bundesbank emphasized the need to ...
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  • USDJPY Money Printing Fails in Japan

    USDJPY Money Printing Fails in Japan

    USDJPY Money Printing Fails in Japan Most of Japan's economic policy relies on a ridiculous premise of quantitative easing to cure all ills launched by the BOJ last year to pull Japan firmly out of deflation and achieve 2 percent inflation. Consumer price gains are still largely related to the yen's depreciation pushing up import ...
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  • US Real Estate News: Mortgage Rates Flat

    US Real Estate News: Mortgage Rates Flat

    Mortgage rates were little changed this week, extending the recent trend. The benchmark 30-year fixed mortgage rate held at 4.28 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.29 discount and origination points. To see mortgage rates in your area, go to http://www.bankrate.com/funnel/mortgages/. The average 15-year fixed ...
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  • Argentina and its Bondholders

    Argentina and its Bondholders

    Daniel A. Pollack, the Special Master appointed by Judge Thomas P. Griesa to conduct and preside over settlement negotiations between the Republic of Argentina and its Bondholders, issued the following Statement today: "This morning and this afternoon, representatives of the Republic of Argentina, led by Minister of the Economy, Axel Kicillof, and representatives of its ...
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  • AUDUSD Headed Lower

    AUDUSD Headed Lower

    AUDUSD Headed Lower HEFFX Update AUDUSD AUDUSD closed down -0.001 at 0.932. Volume was 88% below average (consolidating) and Bollinger Bands were 50% narrower than normal. Open High Low Close Volume___ 0.933 0.933 0.932 0.932 6,006 AUDUSD Technical Outlook Short Term: Oversold Intermediate Term: Bearish Long Term: Bullish Moving Averages: 10-period 50-period 200-period Close: 0.94 ...
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  • US Dollar At 10-Month Highs

    US Dollar At 10-Month Highs

    US Dollar At 10-Month Highs The US Dollar Index (.DXY) moved to highs near 81.50 after the Fed announced another $10-B taper to its asset purchase program.  Wed esday's advance has the Buck at marks last seen in September 2013. Two otable excerpts from the FOMC statement: "a range of labor market indicators suggests that there remains significant underutilization ...
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  • The Fed Dominate Markets this Week

    The Fed Dominate Markets this Week

    The Fed Dominate Markets this Week Later on Wednesday, the Fed is expected to cut its monthly bond-buying program by another $10 billion. Also later in the session, the Commerce Department is expected to report that the economy grew at a 3.2 percent annual pace in the second quarter, after it shrank 2.9 percent in ...
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  • Gold Bugs Meet Bitcoin Believers

    Gold Bugs Meet Bitcoin Believers

    Gold Bugs Meet Bitcoin Believers GLD, FB They are calling it Bit-Gold, the combo of the world’s newest and oldest currencies. The Big Q: is Bitcoin real money? The Big A: Bitcoin and Gold may make a match, we will see. Gold, a store of value, has long been popular with investors seeking a safe-haven and ...
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  • US Dollar Up, US Treasuries Up On Consumer Confidence Reading

    US Dollar Up, US Treasuries Up On Consumer Confidence Reading

    US Dollar Up, US Treasuries Up On Consumer Confidence Reading 10-Yr: +06/32..2.460%.. USD/JPY: 102.09.. EUR/USD:1.3411 The US Dollar Index (.DXY) finishing on session highs near 80.20, its best close in nearly 6 months.  The rally off the early July lows near 79.80 has traders looking towards the Key resistance at 81.40 . EUR/USD is -30 pips at 1.3410 as trade drops ...
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  • Alerts $OIL, $GLD, $EURUSD, $GBPUSD, $USDCAD, $USDJPY, $AUDUSD, $USDCHF

    Alerts $OIL, $GLD, $EURUSD, $GBPUSD, $USDCAD, $USDJPY, $AUDUSD, $USDCHF

    Alerts $OIL, $GLD, $EURUSD, $GBPUSD, $USDCAD, $USDJPY, $AUDUSD, $USDCHF HEFFX Alerts Crude Oil (NYMEX) (U4) Intraday: under pressure. Pivot: 102.2 Our preference: Short positions below 102.2 with targets @ 100.9 & 100.6 in extension. Alternative scenario: Above 102.2 look for further upside with 102.65 & 103.45 as targets. Comment: The immediate trend remains down but ...
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  • US Dollar Drifts, US Treasuries Slip

    US Dollar Drifts, US Treasuries Slip

    US Dollar Drifts, US Treasuries Slip 10-Yr: -06/32..2.496%.. USD/JPY: 101.85.. EUR/USD: 1.3437 The US Dollar Index (.DXY) drifted little changed near 81.00 on the day. The quiet session saw the action in  5 cent range. EUR/USD is +5 pips at 1.3440 as trade stabilizes near 8 month lows. The quiet session saw action limited to 15 pips. GBP/USD is +15 pips at 1.6990 ...
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  • HEFFX Daily FX Technicals

    HEFFX Daily FX Technicals

    HEFFX Daily FX Technicals Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF Crude Oil (NYMEX) (U4) Intraday: break of a ST rising trendline support. Pivot: 102.3Our preference: Short positions below 102.3 with targets @ 101 & 100.6 in extension.Alternative scenario: Above 102.3 look for further upside with 102.65 & 103.45 as targets.Comment: As long as ...
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  • US Dollar Up The Most In 4 Months

    US Dollar Up The Most In 4 Months

    US Dollar Up The Most In 4 Months A gauge of the Buck advanced the most in 4 months as reports showed signs of improvement in the US labor market before the Fed meets debate any interest-rate increases. The USD climbed to an 8 month high Vs EUR last week as jobless claims fell to ...
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  • US Dollar Index (.DXY) Crossed 81.00

    US Dollar Index (.DXY) Crossed 81.00

    US Dollar Index (.DXY) Crossed 81.00 The US Dollar Index (.DXY) finishes near session highs for its 1st close above the 81.00 level since the early February. Friday's action has DXY higher for the 10th ime in 12 sessions, and has trade near Key resistance at  81.40. EUR/USD is -30 pips at 1.3430 as action contends with its ...
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  • FX News: HEFFX Asia Update EURUSD, USDJPY, Gold Prices

    FX News: HEFFX Asia Update EURUSD, USDJPY, Gold Prices

    FX News: HEFFX Asia Update EURUSD, USDJPY, Gold Prices Upbeat data helped the euro climb off an eight-month low of $1.3438 touched on Thursday. The common currency was steady on the day in Asia at $1.3465. The dollar was little changed against the yen at 101.78 after spiking more than 0.3 percent overnight to a ...
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  • US Dollar (DXY) Index Little Changed Near 80.85 In Quiet Trade

    US Dollar (DXY) Index Little Changed Near 80.85 In Quiet Trade

    US Dollar (DXY) Index Little Changed Near 80.85 In Quiet Trade 10-Yr: -12/32..2.511%.. USD/JPY: 101.82.. EUR/USD: 1.3466 The quiet US session has seen action in a tight 10 cent range on the day.  EUR/USD is +5 pips at 1.3465 a bid came for the 1st time in 8 days. Euro has been buoyed by the region's mostly better than expected PMI data, and ...
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  • USDSGD Singapore Dollar Outlook

    USDSGD Singapore Dollar Outlook

    USDSGD Singapore Dollar Outlook FOREX SGD= closed up   0.001 at   1.238.  Volume was 82% below average (consolidating) and Bollinger Bands were 8% narrower than normal. Open     High      Low     Close     Volume___ 1.237    1.238    1.236    1.238       1,868 Technical Outlook Short Term:          Oversold Intermediate Term:   Bearish Long Term:           Bearish Moving Averages: 10-period     50-period     200-period Close:              1.24           1.25           1.26 ...
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  • USDJPY Outlook

    USDJPY Outlook

    USDJPY Outlook Technical Outlook Short Term: Neutral Intermediate Term: Bearish Long Term: Bearish Moving Averages: 10-period 50-period 200-period Close: 101.45 101.80 102.03 Volatility: 4 4 8 Volume: 38,924 47,224 59,275 Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the ...
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  • US Treasuries Up, US Dollar Flat

    US Treasuries Up, US Dollar Flat

    US Treasuries Up, US Dollar Flat 10-Yr: +02/32..2.452%.. USD/JPY: 101.48.. EUR/USD:1.3462 Afternoon Update 2y Unch at 100 01/32 3y Unch at 99 24/32 5y +01/32 at 99 29/32 7y +02/32 at 100 04/32 10y +02/32 at 100 12/32 30y +05/32 at 102 14/32.   US Dollar (.DXY) Index EUR/USD -5 pips at 1.3460 GBP/USD -30 pips at 1.7035 USD/JPY ...
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  • HEFFX Daily FX Technical Alerts

    HEFFX Daily FX Technical Alerts

    Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF Crude Oil (NYMEX) (U4) Intraday: rebound expected. Pivot: 101.5Our preference: Long positions above 101.5 with targets @ 102.90 & 103.45 in extension.Alternative scenario: Below 101.5 look for further downside with 101 & 100.6 as targets.Comment: The RSI has just landed on a support around 30% and is ...
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  • RMB Yuan To Be 3rd Largest World Currency By 2020

    RMB Yuan To Be 3rd Largest World Currency By 2020

    RMB Yuan To Be 3rd Largest World Currency By 2020 The Chinese currency Renminbi (RMB) Yuan will become the world's 3rd largest currency after the USD, and EUR by 2020. A report by the International Monetary Institute of Renmin University of China and the Bank of Communications (HK:3328), published Sunday, said that the RMB internationalization ...
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  • US Treausries Mixed, US Dollar Up

    US Treausries Mixed, US Dollar Up

    US Treausries Mixed, US Dollar Up 10-Yr: -03/32..2.482%.. USD/JPY: 101.50.. EUR/USD: 1.3465 Afternoon Update  2y +01/32 at 100 00/32 3y +01/32 at 99 22/32 5y +02/32 at 99 24/32 7y unch at 99 30/32 10y -03/32 at 100 03/32 30y -08/32 at 101 28/32   US Dollar (.DXY) Index EUR/USD -55 pips at 1.3465 GBP/USD -20 pips at  1.7055 USD/JPY ...
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  • China, Switzerland Sign Currency Swap Agreement

    China, Switzerland Sign Currency Swap Agreement

    China, Switzerland Sign Currency Swap Agreement China's central bank (PBOC) announced Monday that it signed a bilateral currency swap agreement with the Swiss National Bank (SNB) worth CNY 150-B, or CHF  21-B (US$24.4-B). The term of the swap agreement will be 3 yrs and can be extended if both parties agree, the People's Bank of ...
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  • US Treasuries Up, US Dollar Flat

    US Treasuries Up, US Dollar Flat

    US Treasuries Up, US Dollar Flat 10-Yr: +04/32..2.457%.. USD/JPY: 101.35.. EUR/USD:1.3520 Afternoon Update: US Treaurries 2y Unch at 100 00/32 3y -01/32 at 99 21/32 5y Unch at 99 26/32 7y +02/32 at 100 01/32 10y +04/32 at 100 11/32 30y +20/32 at 102 12/32   US Dollar (.DXY) Index EUR/USD -5 pips at 1.3520 GBP/USD -15 pips at ...
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  • HEFFX Daily FX Technical Alerts

    HEFFX Daily FX Technical Alerts

    $Oil, $GC_F, $EURUSD, $GBPUSD, $USDCAD, $USDJPY, $AUDUSD, $USDCHF Crude Oil (NYMEX) (Q4) Intraday: bullish bias above 101.85. Pivot: 101.85 Our preference: Long positions above 101.85 with targets @ 104.15 & 105.1 in extension. Alternative scenario: Below 101.85 look for further downside with 101.15 & 100.4 as targets. Comment: The RSI is mixed. Opinion published is ...
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  • Morning Brief: Currencies

    Morning Brief: Currencies

    Morning Brief: Currencies Traders are focused on EUR, it is possible  that a major bottom may be formed at 1.3489 with confirmation on break above 1.3600 . If that comes it will  affect the US Dollar (.DXY) landscape. EUR ar 1.3530, Bears are cautious. A break above 1.3540 may extend this bounce to 1.3570-1.3600,  but above ...
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  • World's Major Currencies Very Calm In Here

    World’s Major Currencies Very Calm In Here

    World's Major Currencies Very Calm In Here USD got off to a steady start Monday as some calm returned to markets following an initial bout of risk aversion stemming from the flare up in geopolitical tension. The downing of a Malaysian airliner in eastern Ukraine last week and fighting in Israel-Gaza still dominated the headlines, developments over ...
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  • US Treasuries Down, US Dollar Flat

    US Treasuries Down, US Dollar Flat

    US Treasuries Down, US Dollar Flat 10-Yr: -14/32..2.491%.. USD/JPY: 101.40.. EUR/USD: 1.3515 Afternoon Update US Treasuries 2y -02/32 at 100 00/32 3y -04/32 at 99 22/32 5y -09/32 at 99 24/32 7y -11/32 at 99 28/32 10y -14/32 at 100 01/32 30y -25/32 at 101 09/32   US Dollar (.DXY) Index EUR/USD -10 pips at 1.3515 GBP/USD -30 pips at ...
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  • FX News: The Best MT4

    FX News: The Best MT4

    MetaTrader 4 is a free-of-charge program specially designed for online trading in the Forex market. The built-in technical indicators allow you to analyze securities' quotes, whilst the MQL4 network enables the development and usage of automated trading strategies. Download Now: There is a Better MT4 Shayne Heffernan of HEFFX outlines why the latest offering of ...
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  • FX News: Online Personal Wealth Awards Recognises FxPro as Best FX Provider

    FX News: Online Personal Wealth Awards Recognises FxPro as Best FX Provider

    FX News: Online Personal Wealth Awards Recognises FxPro as Best FX Provider FxPro Group Ltd (FxPro) has won Best FX Provider at the Online Personal Wealth Awards at a ceremony held in Canary Wharf, London on 11th July 2014. This is the second wealth award the 100% FX Agency Model broker has won in 2014 ...
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  • FX News: SaxoTrader Named Best Retail Trading Platform by FX Week

    FX News: SaxoTrader Named Best Retail Trading Platform by FX Week

    FX News: SaxoTrader Named Best Retail Trading Platform by FX Week Saxo Bank, the leading online trading and investment specialist, is pleased to announce that SaxoTrader, its multi-asset trading platform, has been named best retail trading platform at the FX Week e-FX Awards. Saxo Bank, one of the early innovators in online FX trading, has ...
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  • FX News: Boston Technologies and Forexware Announce Business Merger

    FX News: Boston Technologies and Forexware Announce Business Merger

    FX News: Boston Technologies and Forexware Announce Business Merger Forexware, LLC and Boston Technologies, Inc. today announced a merger of their two business operations. The new company combines Boston Technologies, a leading provider of financial technology and one of the fastest growing companies in Boston[i] with Forexware, a leading provider of end-to-end forex (FX) software ...
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  • Trading Tool Magick Democratizes FX Algo Trading

    Trading Tool Magick Democratizes FX Algo Trading

    New web based trading tool Magick allows FX traders to initiate algorithmic trading strategies in just a few simple steps. This facilitates the deployment of complex computer assisted trading strategies without any need for programming or assistance from third-party software developers. Algorithmic trading has historically been the domain of large financial institutions due to its ...
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  • HEFFX Daily FX Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF

    HEFFX Daily FX Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF

    HEFFX Daily FX Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF Crude Oil (NYMEX) (Q4) Intraday: bullish bias above 101.85. Pivot: 101.85 Our preference: Long positions above 101.85 with targets @ 104.15 & 105.1 in extension. Alternative scenario: Below 101.85 look for further downside with 101.15 & 100.40 as targets. Comment: The RSI is ...
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  • Morning Brief: Currencies

    Morning Brief: Currencies

    Morning Brief: Currencies Risk-off is the traders mode now with the launching of Israeli ground offence in Gaza along with the MH-17 tragedy. The markets are not in a panic mode yet, as evident from the sudden entry and then exit of Hot Money into JPY, the  safe haven of the currency world. But Friday ...
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  • New York DFS Proposes Digital Currency Trading Licensing

    New York DFS Proposes Digital Currency Trading Licensing

    New York DFS Proposes Digital Currency Trading Licensing Thursday, New York financial services regulators proposed establishing rules for firms involved in receiving, transmitting, storing and converting digital currency.The proposal by the Department of Financial Services (DFS) would establish a so-called "BitLicense."Merchants and consumers who use the virtual currency such as Bitcoin to buy and sell goods ...
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  • US Treasuries Up, US Dollar Flat

    US Treasuries Up, US Dollar Flat

    US Treasuries Up, US Dollar Flat 10-Yr: +10/32..2.488%.. USD/JPY: 101.30.. EUR/USD: 1.3520 Afternoon Update US Treasuries 2y Unch at 100 01/32 3y +02/32 at 99 23/32 5y +04/32 at 99 25/32 7y +07/32 at 99 30/32 10y +10/32 at 100 02/32 30y +24/32 at 101 13/32 US Dollar (.DXY) Index EUR/USD -5 pips at 1.3520 GBP/USD -35 pips at 1.7100 ...
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  • GBP/USD Edges Lower

    GBP/USD Edges Lower

    The Currency pair GBPUSD edged lower on U.S. Fed chair Janet Yellen’s comments, the currency pair edged lower by a modest 0.02% on Wednesday after positive outlook of U.S. economy by Janet Yellen, the currency pair traded in a very narrow range of 1.7116 and 1.7151 and consolidated at 1.7139, the currency pair has been ...
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  • Trend Continues To Remain Bearish In EUR/USD

    Trend Continues To Remain Bearish In EUR/USD

    In my opinion, breaking down from the support zone at $1.35742 is a bearish indicator and makes me believe that the currency pair can head lower in the medium term. This level of $1.35742 will now act as the resistance for the currency pair in the short term. The next level of support for the ...
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  • EUR/USD Rides The Yellen Primer For Early Rate Hike

    EUR/USD Rides The Yellen Primer For Early Rate Hike

    EUR/USD currency pair showed movement, as Wednesday’s bi-annual testimony by Fed Chairperson Janet Yellen before the Senate Banking Committee sparked speculation of a pre-dated rate revision. This support led to the dollar reaching one-month high, allowing the greenback held its own against other lead currencies. EUR/USDwas found to be moving downward in European trading sessions, ...
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  • GBP/USD Slides On Yellen-Factor

    GBP/USD Slides On Yellen-Factor

    GBP/USD currency pair was on the downward slide, following the series of views shared on the US Economy by the Chairperson of the Federal Bank, Janet Yellen. The Pound has been on a downward slide from in-bound data release and greenback’s positive moves, based on Yellen official statements. During the trading session on Wednesday, GBP/USD ...
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  • GBP/USD Extends Losses On Yellen Comments

    GBP/USD Extends Losses On Yellen Comments

    GBP/USD pair started the trading on Thursday in negative territory. It is extending the losses of the previous day. On an intraday basis the pair was trading at 1.7127 at 3.00 am ET, up from the low of 1.7115 and down from the high of 1.7151. On Wednesday GBP/USD pair opened at 1.7143, made a ...
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  • EUR/USD Extends The Losses Against U.S. Dollar on Yellen Comments

    EUR/USD Extends The Losses Against U.S. Dollar on Yellen Comments

    The Euro extended its losses in the early morning trade against the dollar on Thursday’s trading session. It is also trading near the one month low against the dollar. It also was trading at a five-month low against yen. The single currency was seen under pressure due the divergence on monetary policy noticed between the ...
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  • Morning Brief: Currencies

    Morning Brief: Currencies

    Morning Brief: Currencies The growing divergence in monetary policy outlooks and economic activity has pshed down EUR, it is not testing Key support, potentially trend decider for USD. The Buck  is the currency to watch in here. EUR at 1.3528 is close to the Key support area at 1.3500-1.3475 now, below that shows the way ...
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  • US Dollar Up, US Treasuries Up

    US Dollar Up, US Treasuries Up

    US Dollar Up, US Treasuries Up 10-Yr: +03/32..2.541%.. USD/JPY: 101.70.. EUR/USD:1.3525 Afternoon Update US Treasuries 2y -01/32 at 99 31/32 3y -02/32 at 99 20/32 5y -02/32 at 99 19/32 7y Unch at 99 20/32 10y +03/32 at 99 20/32 30y +09/32 at 100 14/32   US Dollar (.DXY) Index EUR/USD -40 pips at 1.3525 GBP/USD -15 pips at ...
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  • Trading the Japanese Yen JPY Using Ichimoku

    Trading the Japanese Yen JPY Using Ichimoku

    Shayne Heffernan of HEFFX.com HEFFX is the leading FX broker in terms of pricing, execution, regulation and education. Commonly used in Japanese trading rooms, Ichimoku is often applied to establish the trend for a pair and detect trend breakouts. It is decent during range bound markets and like most indicators performance often improves when used ...
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  • EUR/USD Outlook

    EUR/USD Outlook

    The euro was trading at one-month lows versus the dollar on Wednesday after the Federal Reserve Chairperson Janet Yellen opted for a more dovish stance for interest rates. She indicated that rates can rise sooner if the economy improves at a steady pace. EUR/USD was trading at 1.3557 in early morning trade on Wednesday. It ...
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  • GBP/USD Continues The Rally on U.K. Inflation Data

    GBP/USD Continues The Rally on U.K. Inflation Data

    GBP/USD is in no mood to stop its world-beating rally. For last few days, it was trading quiet, but it resumed its uptrend as a rise in the U.K. consumer prices is making a favorable case for Bank of England to hike its main interest rate. As of now, the interest rate is at a ...
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  • EUR/USD Trades A Shade Lower Even As Yellen Reiterates Growth Curve Good

    EUR/USD Trades A Shade Lower Even As Yellen Reiterates Growth Curve Good

    EUR/USD currency pair was found to be lower than previous sessions during US trade time. The greenback’s fall and later rise, on-cue with Federal Chairperson Janet Yellen’s deposition before the Senate Banking Committee, affected its levels during trading against the major currencies. The US Dollar Index, which tracks the greenback’s performance against a line-up of ...
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  • GBP/USD Trades Higher As UK Inflation Firm

    GBP/USD Trades Higher As UK Inflation Firm

    GBP/USD currency pair, made rapid upward gains, as the Pound became stronger because inflation rates in the UK were greatly contained, contrary to expectations. The pounds gains were much higher than the greenback’s; post the Congressional testimony by Chairperson Yellen. Cable indicates that the pair will find support at 1.7060, the low earlier in the ...
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  • Dow Struggles As Yellen Hits The Brakes

    Dow Struggles As Yellen Hits The Brakes

    Dow Jones Industrial Average had a mixed day at Tuesday trading sessions, thanks to Federal Reserve Chairperson Janet Yellen’s economic recovery update before the Senate Banking Committee. While the Dow opened the session, in the aftermath of Citi’s good home-run, it jolted as Yellen’s session began. The Dow reacted to her comments through the day ...
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  • Morning Brief: Currencies

    Morning Brief: Currencies

    Morning Brief: Currencies The Investor Confidence in Europe dropped to 27.1 from 29.8 last month, a fall sharper than expected that dragged EUR lower, the Buck  got stronger Vs EUR and JPYm which may be reflected against INR too. EUR at 1.3565 failed to break above 1.3640, as a result may retest the Key support ...
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  • US Dollar (.DXY) Rallies To Multi-Week High

    US Dollar (.DXY) Rallies To Multi-Week High

    US Dollar (.DXY) Rallies To Multi-Week High EUR falls below 1.3600 on Portuguese Bank worry The US Dollar (.DXY) Index advanced across its 200-Day MA at 80.34 and to its best level since 24 June during Fed Chairwoman Janet Yellen's Senate testimony. She kept her message in-line with prior comments as she was upbeat about the direction ...
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  • JPY/USD Inches Higher

    JPY/USD Inches Higher

    JPY/USD was found to rise higher during the trading session reaching 101.65 from the previous 101.52 towards the end of trading session Monday. Much of the levels were based on the Bank of Japan’s policy declaration. The central bank proposed that the monetary policy target would continue to be the same. The decision was taken ...
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  • AUD/USD Slips As News RBA Bears Down Interest Rates

    AUD/USD Slips As News RBA Bears Down Interest Rates

    AUD/USD currency pair slipped lower as the Australian Dollar fared poorer than the green back. The cause of the slide for the Aussie dollar was some hard policies by the Reserve Bank of Australia, which preferred to retain interest rates low for a longer stretch of time. There was some relief as some positive data ...
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  • HEFFX Daily FX News

    HEFFX Daily FX News

    Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF Crude Oil (NYMEX) (Q4) Intraday: under pressure.   Pivot: 101.6 Our preference: Short positions below 101.6 with targets @ 99.4 & 98.8 in extension. Alternative scenario: Above 101.6 look for further upside with 103 & 103.6 as targets. Comment: The RSI is bearish and calls for further ...
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  • EUR/USD Trades Firm As Market Awaits Yellen Cues

    EUR/USD Trades Firm As Market Awaits Yellen Cues

    The EUR/USD pair is trading flat to positive in early morning trade on Tuesday. It posted gains on Monday. The euro traded steady against the dollar as the markets await the congressional testimony. All the markets are in a wait and watch mode, and awaits the Yellen cues to get direction. Federal Reserve Chairwoman Janet ...
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  • GBP/USD Trades Firm As Market Preps For Yellen Testimony

    GBP/USD Trades Firm As Market Preps For Yellen Testimony

    GBP/USD opened the trading session on Tuesday in green as against the closing of red on Monday. The dollar traded steady against the pound on Monday. There were no major economic indicators or news to boost the gains in the pound against the dollar. All the major markets including currency and equity market are waiting ...
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  • Morning Brief: Currencies

    Morning Brief: Currencies

    Morning Brief: Currencies EUR firm even when the ECB president Draghi said that this strength was a concern for the economic recovery of the Eurozone, and nearly all the majors are trading quietly with no volatility visible anywhere right now. EUR at 1.36114 consolidating in the broader range of 1.35-1.37 for the last 6 wks ...
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  • US Treasuries Down, US Dollar Up

    US Treasuries Down, US Dollar Up

    US Treasuries Down, US Dollar Up 10-Yr: -07/32..2.544%.. USD/JPY: 101.55.. EUR/USD: 1.3610 Afternoon Update 2y -01/32 at 100 01/32 3y -02/32 at 99 24/32 5y -04/32 at 99 23/32 7y -06/32 at 99 23/32 10y -07/32 at 99 18/32 30y -12/32 at  100 06/32   US Dollar (.DXY) Index EUR/USD +5 pips at 1.3610 GBP/USD -40 pips at 1.7075 USD/JPY ...
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  • GBPUSD Moving Sideways

    GBPUSD Moving Sideways

    The currency pair GBP/USD edged lower on Friday amid profit booking and Positive Jobs reports from the U.S. economy, the Pound lost its positive buying momentum after the U.S. posted positive jobs reports, the labor department stated the initial jobless claims for the week ending July 5th 2014 declined by 11,000 to a total of ...
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  • Upside Momentum In EURUSD

    Upside Momentum In EURUSD

    EUR/USD on the daily charts showed some good upside momentum after being in bearish territory for most of last week. The currency pair tried moving higher but found stiff resistance at the 200 day moving average and gave up most of its gains. In my opinion, if the currency pair is unable to move above ...
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