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The Euro rallies following Draghis press conference

21/07/2017 | OzForex

Yesterday’s releases from the US failed to give any further sign of the currency making headwind and clawing back any of its recent losses on what has been one of the worst weeks for the greenback.
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Big day for the Euro and Brexit negotiations will be released 

20/07/2017 | OzForex

The Dollar moved higher during yesterday’s trade following the release of upbeat housing data, indicating a change of play in what has been a sluggish pace of home building.
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Inflation rocks the Pound

19/07/2017 | OzForex

It was a case of ‘damage limitation’ for the Dollar during Tuesdays session following a 10-month slump seen since the turn of the week. The Dollar was nursing an already poor run from last week’s releases and was dealt another blow as the Republicans fail
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USD on the back foot again as the Aussie continues its rally

18/07/2017 | OzForex

An already fragile dollar was dealt another blow yesterday over worries that President Donald Trump will fail to deliver healthcare reforms as promised.
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US inflation concerns rocks the Greenback

17/07/2017 | OzForex

Cable is back above 1.3000. The Greenback started Friday on the back foot after Fed chair Yellen’s testimony to congress, which indicated that we aren’t likely to see more than 1 further interest rate hike before the end of the year. As there was little d
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Attention turns to US inflation.

14/07/2017 | OzForex

United States Dollar: Following Fed Chair Yellen’s testimony to Congress, markets have reacted negatively to the USD, causing a slight retreat from the currency. This is despite Yellen maintaining a relatively consistent message from previous FOMC announcements. A ...
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Risk on Approach Taken Following Yellen Testimony.

13/07/2017 | OzForex

United States Dollar: Fed Chair Yellen headlined proceedings yesterday with her testimony to Congress. Yellen maintained a relative position in terms of future policy however specific comments held a dovish rhetoric which surprised investors and caused the Dollar to ...
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Sterling falls while focus shifts to Fed Chair Yellen.

12/07/2017 | OzForex

United States Dollar: There was little data of note released yesterday from the US with focus turning to the JOLTS job openings figures which fell from 5.97M to 5.67M, showing the largest decline in almost a year. This release did little to motivate markets and although ...
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Nothing to declare as markets remain quiet

11/07/2017 | OzForex

United States Dollar: A very quiet start to the week has left markets looking for motivation and struggling to find a catalyst to prompt any major movement. Rates remained relatively range bound as GBP/USD held just below the 1.29 mark. The only release of note yesterday ...
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Sterling lower after manufacturing latest

10/07/2017 | OzForex

Cable slips below 1.2900 as US jobs data exceeds expectation. It was non-farm employment change that has boosted the US Dollar since the close of business Thursdays as an expected 175k rise was met with a 222k increase. The news took GBP/USD, which had be
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