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Safe havens rally as global uncertainty remains.

10/08/2017 | OzForex

United States Dollar: Only minor releases came from the US yesterday in the form of Prelim Nonfarm Productivity and Prelim Unit Labor Costs. Neither release did much to motivate markets as the USD was able to continue its gains across the board. Tensions between the US ...
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Political tensions rise but the USD remains strong. 

09/08/2017 | OzForex

United States Dollar: Markets turned focus firmly to the political landscape yesterday, most notably, towards tensions between the US and North Korea. Leaders of both nations have openly discussed the topic of nuclear weapons in the past but as news emerges of North ...
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Australian Dollar strengthens following record high business confidence.

08/08/2017 | OzForex

United States Dollar: With a very quiet start to the week in terms of data releases the US Dollar was able to continue its gains off the back of Friday’s payroll figures. Attention yesterday turned to Fed members Bullard and Kashkari who both commented on the ...
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Payroll figures continue to motivate markets.

07/08/2017 | OzForex

United States Dollar: Focus on Friday was centred firmly on the US payroll figures which came in positively with Non-Farm Employment change coming in well above forecast at 209K. Markets reacted accordingly with the USD rallying against the majority of currencies. ...
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A dovish Bank of England hits the pound

04/08/2017 | OzForex

So it was another disappointing day of data releases yesterday for the US dollar as ISM non-manufacturing fell more than anticipated suggesting that there is a slowdown in the service sector. This adds to the argument that today is likely to be a poor day
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Super Thursday arrives

03/08/2017 | OzForex

The US dollar was hampered yesterday as ADP figures missed the mark and released weaker than expected, further damaging the chances of a US interest rate hike later in the year. July’s figures showed an increase of around 178k versus an expected 190k, whi
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Eurozone continues to grow, Euro continues to rally

02/08/2017 | OzForex

Yesterday afternoon we had the latest insight into the state of the US manufacturing sector in the form of July’s ISM manufacturing PMI. The report showed that the pace of the manufacturing sector had slowed slightly and confirmed that the nation’s builde
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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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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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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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