USD / JPY Current Price: 105.61 Yields on US Treasuries climbed pre-opening, posting new highs in one year. The scarcity of the US macroeconomic calendar distracts attention from news related to US stimulus measures. USD / JPY may fall further and should move below 105.30. USD / JPY rose around the London open as the..
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Limited bullish potential despite recovery
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AUD / USD Forecast: Bulls May Pause But Won’t Give Up
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Learn more at https://www.fxstreet.com. Source link Forex News
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GBP / USD Forecast: Bulls Confident of UK Return
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Learn more at https://www.fxstreet.com. Source link Forex News
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The weakness of the broad dollar provides slight support for the euro
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Current price EUR / USD: 1.2116 US Federal Reserve policy makers consider that the risks of trade failures “remain considerable”. Activity in the service sector in the EU contracted further in February. EUR / USD has limited upside potential despite the dollar’s intrinsic weakness. Dollar sellers took control of the exchange board on Friday, with..
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AUD / USD forecast: Bulls still in charge despite latest drop
The risk weighs on the greenback
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USD / JPY Current price: 105.32 The US dollar is easing against all of its major rivals amid risk appetite. US Treasury yields soared before Wall Street opened. The USD / JPY is relaxing from its recent highs, its downside potential is limited. Pressure on the dollar is pushing USD / JPY lower after hitting..
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Bullish, but RBA meeting minutes on their way
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AUD / USD Current Price: 0.7784 The Bank of Australia will release the minutes of its February meeting. AUD / USD is approaching the multi-year high set last January at 0.7819. AUD / USD maintained its bullish position, hitting a new one-month high at 0.7788. The broad greenback’s weakness drove the pair higher as the..
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Ready to take on the January challenge at 105.76
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USD / JPY Current price: 105.32 Japan’s gross domestic product in the fourth quarter reached 3%, exceeding market expectations. Substantial gains in European indices and US equity futures are supporting USD / JPY. USD / JPY is technically bullish and poised to challenge the month’s high at 105.76. USD / JPY rose to 105.41 on..
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GBP / USD forecast: bulls keep the pressure on
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GBP / USD Current price: 1.3906 An improvement in the coronavirus situation is helping the pound alongside the lack of relevant data. The UK has no plans for Tuesday but will release inflation data on Wednesday. GBP / USD is about to challenge the 1.4000 level in the near term. The pound sterling was once..
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