Forex Trading Online

Friday morning FX thoughts. Quiet to the weekend.

EUR was the winner on Thursday session rose 0.30% against most traded currencies. We believe the political risk has limited impact to the euro in the near term. Following FOMC minutes the dollar index further softens […]

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EURUSD: Buying opportunity.

The soft US dollar helped the euro to rebound above 1.1800. After cautious FOMC minutes the dollar index down nearly 0.80% against the G10 and EM too. The October 31-November 1, 2017 meeting minutes revealed […]

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FX snapshots post-FOMC minutes. DXY down against the G10 and EM.

After cautious FOMC minutes the dollar index down nearly 0.80% against the G10 and EM too. The October 31-November 1, 2017 meeting minutes revealed that concerns about inflation were widely discussed. USD down more than […]

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GBPJPY: ABC correction remains.

The cross has been facing stiff resistance at 20&50MA junction. Market participants focus on today’s UK 2018 budget proposal. A well-received budget postures an upside risk to the GBP. If OBR (Independent office for budget Responsibility) […]

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