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FOMC Minutes help support USD. Solid China PMI push AUD and NZD higher. GBP and EUR mixed ahead of economic data.

04/01/2018 | OzForex

The latest UK PMI construction numbers were certainly disappointing, and the year finished in a downbeat fashion.
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GBP/USD hits highest level since the day after the EU referendum in June 2016. USD still struggling around 14-week lows.

03/01/2018 | OzForex

The pound got off to a very good start to the New Year 2018 yesterday, second only to the buoyant Canadian Dollar on the one-day performance table.
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US Dollar at a 14-week low. GBP and EUR to take their early 2018 cues from today’s manufacturing PMI data

02/01/2018 | OzForex

The British Pound had a good week against a very soft US Dollar but was otherwise pretty mixed and overnight it has continued in the same vein.
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US Dollar at a fresh 3-month low; on track to lose almost 9% in 2017. GBP and EUR end the year with positive momentum.

29/12/2017 | OzForex

Like its cricketers, the British Pound had a much better day than might have been expected on Thursday, lagging behind the EUR and CAD but gaining against all the various dollars.
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US Dollar falls to a 3-month low. AUD and NZD at best levels in over 2 months. GBP slips on all its major crosses.

28/12/2017 | OzForex

Thursday 28 December British Pound (GBP) The GBP had a day of two halves on Wednesday in the Northern Hemisphere. In London trading, the pound moved sharply higher once stops were hit around last Friday’s intra-day high of 1.3390. ...
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USD falls to a 3-week low. AUD and NZD at best levels in over 2 months. GBP little changed after Christmas holidays

27/12/2017 | OzForex

Foreign exchange markets were open on Christmas Day in Asia and on Boxing Day in North America too. Having closed last week around USD1.3365, the British Pound initially fell to the low 1.3350’s at the start of Tuesday’s New York session before rallying u
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GBP lower on more UK government woes. NZD jumps as Q3 GDP beats expectations. EUR awaits Catalonia elections.

21/12/2017 | OzForex

Short as the daylight is today, it may still feel like a long day in foreign exchange markets as currencies struggle to gain much traction in either direction.
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Quiet overnight markets see currencies in familiar ranges. US passes tax reform bill, Australian statisticians have some festive fun

20/12/2017 | OzForex

The pound opens in London this morning within 10 pips of where it was 24 hours ago against the US Dollar.
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GBP steady though EU rules out any post-Brexit deal for financial services. USD slips further as EUR reaches for USD1.18

19/12/2017 | OzForex

The British Pound had a good start to this pre-Christmas week. It opened in Sydney on Monday morning at 1.3320 and by mid-afternoon London time had reached a best level of 1.3415.
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GBP and EUR both mixed at the European open.

18/12/2017 | OzForex

:: Majors: Data ...
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