Jan 18

Here’s Why GBP Soared On May’s Hard Exit Plan

Jan 18

Aussie Dollar Retraces Despite Westpac Consumer Confidence Uptick

Talking Points Australian consumer confidence ticked up in January The Westpac index managed to claw its way out of quite deep negative territory However, AUD/USD continued to retrace some of its Trump-inspired gains The Australian Dollar all-but ignored an uptick in its home country’s consumer confidence on Thursday, with broader themes in play. The consumer …

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Jan 18

US Dollar Index – Biggest Test Since the Top is NOW

Market sentiment, technical analysis, important levels, and Elliott wave. Connect via:

Jan 18

USD/JPY at 55 Day Average; Sub-112.00 Looks Big

Daily Chart Prepared by Jamie Saettele, CMT DailyFX Trading Guides and Forecasts -The last update noted that “114.50/80s has been importance since last February. Weakness below there could see this really unwind…Look lower as long as price is below but beware the 55 day average for support (was resistance throughout 2016).” USD/JPY has reached the …

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Jan 18

USD/CHF Former Resistance is in the .9950s

Market sentiment, technical analysis, important levels, and Elliott wave. Connect via:

Jan 18

USD/CAD Channel Breakdown and Re-Test

Weekly Chart Prepared by Jamie Saettele, CMT DailyFX Trading Guides and Forecasts -“USD/CAD has broken the May-August trendline. Risk is lower whilst below the 1/11 high of 1.3293.” The cross has ‘checked’ the underside of the trendline and turned lower, which reinforces the idea that Loonie is a bear. Still, be aware of the 1.2850s …

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Jan 18

NZD/USD is on a tear, trades at one-month high

The NZD/USD is trading at the highest level since December 14 on the back of a broad based US dollar sell-off and an upbeat GDT price auction. Hovers around 0.72 handle The spot was last seen trading around 0.72 handle. The pair clocked a high of 0.7220 in the overnight trade. The USD sell-off gathered …

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Jan 18

PBOC sets USD/CNY at 6.8525 vs 6.8892

PBOC sets USD/CNY at 6.8525 vs 6.8892

Jan 18

Brexit: May outlined her government’s objectives , but… – ANZ

Analysts at ANZ explained that UK PM Theresa May outlined her government’s objectives for Brexit negotiations overnight. Key Quotes: “Essentially the UK wants a new partnership to include a tariff-free trade agreement, some form of customs union and a phased introduction of new arrangements. The tone of the speech was constructive and optimistic. However, it …

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Jan 18

Fed’s Williams: No rate threshold to trigger balance sheet move

Fed’s Williams keeps crossing the wires, now noting that there is no rate threshold to trigger balance sheet move.

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