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Daily Forex Reports |
Written by ETX Capital |
Thursday, 20 June 2013 07:46 GMT
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Is this the end of the great 2013 rally?
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Daily Forex Reports |
Written by FX Empire |
Thursday, 20 June 2013 04:48 GMT
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After the FMOC meeting on Wednesday, you can see that the US dollar skyrocketed against the Japanese yen, bouncing off of the 95 handle. The fact that the Federal Reserve could be out of the quantitative easing game by the middle of next year... |
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Daily Forex Reports |
Written by FX Empire |
Thursday, 20 June 2013 04:47 GMT
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The USD/CAD pair initially fell during the session on Wednesday, but after the FMOC meeting and minutes, you can see that the market shot straight back up.
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Daily Forex Reports |
Written by FX Empire |
Thursday, 20 June 2013 04:47 GMT
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The GBP/USD pair fell rather hard during the session on Wednesday as the FMOC announcement suggested that the Federal Reserve would begin to taper off of quantitative easing later this year, and be completely out of that game by the middle of... |
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Daily Forex Reports |
Written by FX Empire |
Thursday, 20 June 2013 04:46 GMT
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The EUR/USD pair fell hard during the session on Wednesday, slamming into the 1.33 handle and breaking below it. However, we did get a little bit of a bounce towards the end of the session, and as a result we are currently hugging the 1.33... |
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Daily Forex Reports |
Written by FX Empire |
Thursday, 20 June 2013 04:45 GMT
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The AUD/USD pair fell after initially trying to rally during the session on Wednesday. Once word got out that the Federal Reserve was looking at cutting back on quantitative easing by the end of the year, the US dollar exploded in value.
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Daily Forex Reports |
Written by DFMarkets.co.uk |
Wednesday, 19 June 2013 11:14 GMT
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Markets are in a stand-by position on Wednesday as investors are waiting the highly anticipated Fed’s meeting with its main highlight- a possible decision on the future of the U.S. asset-purchase programme.
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Daily Forex Reports |
Written by FX Empire |
Wednesday, 19 June 2013 04:58 GMT
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The USD/JPY pair rallied during the session on Tuesday, breaking above the 95 handle. In fact, we managed to close above that level in order to show significant support in this general vicinity. With today being the FMOC meeting, we suspect... |
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Daily Forex Reports |
Written by FX Empire |
Wednesday, 19 June 2013 04:57 GMT
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The USD/CAD pair rose during the session on Tuesday as the US dollar continues to be bid up in general. The market is one that needs to rise back above the 1.02 level for the buyers to have something to “hanging their hat on”, and that’s... |
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Daily Forex Reports |
Written by FX Empire |
Wednesday, 19 June 2013 04:56 GMT
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The GBP/USD pair fell during the session on Tuesday, as the market slices below the 1.56 handle during the day. Going forward, we feel that this market is simply pulling back, and that we will eventually certainly back towards the upside.
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