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Dollar continues to weaken across the board
The Dollar is continuing to weaken across the board as markets dismiss the idea of early US rate hikes and get back to doing what they like best which is sell Dollars. Eur/Usd has moved past offers at 1.4070 with ease and is now closing in on 1.4100. Cable is in the same boat with the move above...
AUDUSD continues its downward movement from 1.0182
AUDUSD continues its downward movement from 1.0182 and the fall extended to as low as 0.9724 level. Deeper decline towards 0.9651 key support...
Fundamental Outlook at 1400 GMT (EDT + 0400)
By GCI Financial - The euro appreciated vis-à-vis the U.S. dollar today as the single currency tested offers around the...
New low posted in EUR/USD but no follow through
The low this morning has been around 1.3925 in the EUR/USD but buying interest seems to be strong at this level and the market has immediately popped back towards it’s opening level around 1.3955. The rally in the USD on Friday night came on the back of improved jobs data. This was further...
US Treasury Yields in a Tug of War
From http://www.bloomberg.com today, June 9 “The Wall Street firms that trade directly with the Federal Reserve say speculators betting that...