Yen and Dollar Struggles | Euro, Aussie and Pound Show Progress – Key Things to Know

Major Headlines- Dollar struggles near the two month low | Yen moves downwards as the demand for the safe haven reduces | Euro shows a high | Aussie stands near the three-week high Dollar struggles near the two month low. The dollar index against a basket of six major currencies stood at the 93.910 level after touching the 93.829 level …

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Dollar Remains near the Seven Week Low | Pound Slips on EU and UK Brexit Deal | EUR/USD Expects a Breakthrough

Dollar Remains near the Seven Week Low ; Pound Slips on EU and UK Brexit Deal; Aussie Gains The dollar remains near the seven week low against a basket of major currencies. As the Sino-U.S. trade war seemed not to cause as much damage as feared, the safe haven demand for the dollar eased.The dollar index fell by 0.1 percent …

Read moreDollar Remains near the Seven Week Low | Pound Slips on EU and UK Brexit Deal | EUR/USD Expects a Breakthrough

USD/JPY: Extends its gains as the Treasury Yields Rise | GBP/USD: Remains High Ahead of UK CPI Reading

USD/JPY: BOJ keeps Central Bank rates unchanged; USD/JPY to extend its gains as the Treasury Yields Rise. The rate decision by the Bank of Japan turned out to be an insignificant event for the markets. The decision taken by the Bank of Japan revealed that the Central Bank rates remain unchanged at -0.1 percent and the forward guidance also remain …

Read moreUSD/JPY: Extends its gains as the Treasury Yields Rise | GBP/USD: Remains High Ahead of UK CPI Reading

The Yuan, Dollar Fall after Trump’s Announcement on Tariffs | EUR/USD: Restricted the 100-Day MA Support

The Yuan, Dollar Fall after Trump’s Announcement on Tariffs The Yuan and the dollar slightly fell today after Trump’s administration made an announcement that the U.S would impose ten percent tariff on $200 billion in Chinese goods which will also go up to twenty-five percent in January 2019. Trump also added to his statement that if China takes any action …

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EUR/USD: New Tariffs on Chinese Imports | AUD/USD: Bears Remain in Control

EUR/USD: Trump’s Announcement on the Imposition of New Tariffs on Chinese Imports The EUR/USD currency pair is showing some signs of improvement in the middle of the US dollar bullish consolidation in Asia. It is likely to be short lived as the market is awaiting for the announcement of the new US tariffs on Chinese imports. The currency pair is …

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Weekly Review Sep 10 to 14 | USD | AUD | GBP

USD Weekly Review The Dollar was one of the top performing currency last week but however this week it is considered the second biggest loser. During this week the dollar had a mixed start but later started experiencing selling pressure during the Tuesday’s session except on the USD/JPY pair.The dollar started taking a lot of hits from sellers and risk …

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GBP/USD: Six Week High ahead of Carney’s Speech | EUR/USD: Bullish Move Opposes US-Germany Yield Differential

GBP/USD: Six Week High Beyond the 1.31 Level, ahead of Carney’s Speech The GBP/USD currency pair is expected to become more stronger and to reach the six week high beyond the 1.31 handle, as focusing on the BOE Governor Carney’s speech due later in the European session. The spot catches a new offer last hour and refreshes multi-week tops at …

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AUD/USD: Upward to 0.72 as Aussie Labor Market Data Release | USD/JPY: US Dollar Drops Against Yen

AUD/USD: Technical recovery on the back of an unbeatable Aussie Labor Market Data Release The Aussie dollar is establishing the technical recovery on the back of an unbeatable Aussie Labor Market Data Release. The currency pair charted as bullish doji reversal at the press time yesterday, trading at a session high of 0.72 and the pair has increased to 30 …

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Dollar Dips on US-Canada Talks | GBP/USD: Bears Remain in Control

Dollar dips on US-Canada talks, markets remains nervous over trade woes The dollar dips today as the Canada was ready to compromise with United States to resolve their talks over reworking the North American Free Trade Agreement, though it is lasting the anxiety over US-China traders. The dollar dip happened after Ottawa’s negotiating strategy said “overnight Ottawa was ready to …

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