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FX Update September 16 – A weaker USD ahead of the FED

EURUSD has rallied by just over 50 pips from the intraday low in posting a high at 1.1882. This swings yesterday's six-day peak at...

US Data – Once again mixed as FED start their meeting

Empire State Manufacturing Index The big September Empire State bounce to 17.0 almost fully reversed the August drop to 3.7, after a 3-month climb to...

FX Update – September 14 – GBP & JPY in play

USDJPY, H1 Narrow ranges have been prevailing so far today. A backdrop of rallying stock markets hasn't inspired directional impetus in the forex realm. News...

More Signs of US Inflation creeping higher

USDJPY, H1 The US CPI report beat estimates with August gains of 0.4% for both the headline and the core, following July gains of 0.6% for...

US Weekly Claims & PPI More mixed data

EURUSD, H1 US initial jobless claims were steady at 884,000 in the week ended September 5 following the -127,000 drop to 884,000 (revised from 881,000)...

FX Update – September 7 – Sterling Centre Stage

GBPUSD, H1 A sleepy market was stirred by a drop in the Pound, prompted by reports, initially by the FT, that the UK government is...

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