Tag Archive: US Unemployment Claims

EUR/USD – Euro Steady as Markets Eye ECB Rate Statement

EUR/USD has posted slight losses in the Thursday session, erasing the gains seen on Tuesday. Currently, the pair is trading at 1.2175, up 0.12% on the day. On the release front, German GfK Consumer Confidence edged down to 10.8, close…
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USD/CAD – Canadian Dollar Slide Continues as US T-Bills Shine

The Canadian dollar has continued its losing ways in the Wednesday session. Currently, USD/CAD is trading at  1.2889, up 0.44% on the day. The Canadian dollar has slipped 1.0%.percent this week, as USD/CAD has the 1.29 level in its sights….
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EUR/USD – Euro Posts Small Losses, ECB Policy Statement Next

EUR/USD has posted slight losses in the Wednesday session, erasing the gains seen on Tuesday. Currently, the pair is trading at 1.2212, down 0.17% on the day. It’s a quiet day on the release front, as the sole event is…
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USD Back with a vengeance.

USD Back with a vengeance. The USD has put on a compelling show overnight as the stars align on the back of higher US Yields and a considerable reduction in the US dollars geopolitical risk premium as an outwardly calmer…
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Oil prices and US Yields to dictate the pace this week

Oil prices and the US Yields to dictate the pace this week While geopolitical tensions remain bubbling under the surface, rising oil prices and higher US yields suggest investors are likely to deal with increased volatility as a broad range of political,…
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Gold Gains Ground, Puts Brakes on Dollar Rally

Gold has posted gains in the Thursday session, erasing the losses seen on Wednesday. In North American trade, the spot price for an ounce of gold is $1331.17, up 0.50% on the day. On the release front, unemployment claims dropped to 222…
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Don’t go barking up the wrong tree in the Year of the Dog

Don’t go barking up the wrong tree in the Year of the Dog A predictable wave of profit taking and risk reduction, as is standard form ahead of US long weekends, dominated Friday session leading to USD gains as US …
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GBP/USD – Pound Higher as Sentiment Remains Negative on Greenback

The British pound continues to head higher this week. In North American trade, GBP/USD is trading at 1.4067, up 0.48% on the day. On the release front, there are no British events on the schedule. In the US, PPI gained 0.4%,…
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EUR/USD – Euro Rise Continues on Broad Dollar Weakness

The euro continues its upward movement and has posted gains in the Thursday session.  Currently, the pair is trading at 1.2483, up 0.27% on the day. In the eurozone, the trade surplus continues to grow, climbing to EUR 23.8 billion….
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