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USD/JPY attempts to negate Tuesday’s losses

USD/JPY attempts to negate Tuesday’s losses

"The business side of Japan worries about the political push-back on the weaker yen because of history, I wouldn't really worry about the U.S. policy makers going after a weak currency." – Allen Sinai, Decision Economics (based on Bloomberg) USD/JPY ...

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GBP/USD takes a breath after Tuesday’s rally

GBP/USD takes a breath after Tuesday’s rally

"While the near-term landscape argues for some volatility, we think the chances for GBPUSD to squeeze meaningfully higher are limited." – TD Securities (based on PoundSterlingLive) GBP/USD Outlook On Tuesday the GBP/USD pair experienced the strongest rally in almost 20 ...

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USD/CAD plummets on Tuesday

USD/CAD plummets on Tuesday

"Given the commodity dollar-bloc strength, it's fair to think that the momentum could continue, which would likely translate further into both technical and fundamental favor likely leading to further CAD strength."  - Tyler Yell, Daily FX USD/CAD Outlook During the ...

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NZD/USD skyrockets on Greenback weakness

NZD/USD skyrockets on Greenback weakness

"Right now, (traders) are probably waiting for the inauguration, to what type of speech President-elect Trump presents." – Joseph Trevisani, WorldWideMarkets (based on Reuters) NZD/USD Outlook By mid-day on Tuesday the Kiwi had gained almost 100 pips against the US ...

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USD/CAD unchanged on Monday

USD/CAD unchanged on Monday

"Given the commodity dollar-bloc strength, it's fair to think that the momentum could continue, which would likely translate further into both technical and fundamental favor likely leading to further CAD strength." - Tyler Yell, Daily FX USD/CAD Outlook The US ...

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USD/JPY keeps struggling to edge higher

USD/JPY keeps struggling to edge higher

"With sentiment turning to risk-off, investors buy the dollar but they buy the yen more." – FX Prime (based on Market Watch) USD/JPY Outlook On Friday the US Dollar continued to weaken against the Japanese Yen, following its two-week bearish ...

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GBP/USD attempts to recover from weekend’s drop

GBP/USD attempts to recover from weekend’s drop

"Even if the pound recovers somewhat in London, it seems as though the realities of a hard Brexit are still not fully priced in. It is difficult to make the case for the pound to avoid testing, probably breaking, the ...

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EUR/USD recording gains despite longer-term bearish trend

EUR/USD recording gains despite longer-term bearish trend

EUR/USD opened Monday lower from Friday’s close but it’s been posting some minor gains since the beginning of today’s trading session. The price at the time of writing was 1.0616. The RSI indicator is in bullish territory indicating positive short-term ...

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USD/CAD one step closer to July 2004 high

USD/CAD one step closer to July 2004 high

"Seems to be that markets are just rebounding or paring back some of the losses. Currencies that enjoyed gains at the beginning of the week are now under pressure. And those that underperformed, like the Canadian dollar, are doing better." ...

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