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Economic News

U.S.-based taxable bond mutual funds post sixth week of withdrawals

Posted by on Sep 3, 2015

NEW YORK (Reuters) - Investors in U.S.-based funds pulled $4.36 billion out of taxable bond funds in the week ended Wednesday, marking their sixth consecutive week of withdrawals,...

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Forex News

Euro Lifted as FX Trade Awaits ECB

Posted by on Sep 3, 2015

Positive PMI data from the Eurozone helped to lift the Euro higher against the Dollar, but whether that support endures remains to be seen.

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Fundamental Analysis

AUD/USD: Aussie Trading On A Weaker Footing This Morning

Posted by on Sep 4, 2015

The pair is expected to find support at 0.6936, and a fall through could take it to the next support level of 0.6895. The pair is expected to find its first resistance at 0.7041,...

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Technical Analysis

Fasten Your Seatbelts Traders, Its NFP Day Today!

Posted by on Sep 4, 2015

The EUR/USD fell sharply mid-way through London trade after ECB President Draghi warns of risks to the economy and potential increases in QE. This sell-off plowed through...

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Recent Posts

AUD/USD: Aussie Trading On A Weaker Footing This Morning

AUD/USD: Aussie Trading On A Weaker Footing This Morning

Sep 4, 2015

The pair is expected to find support at 0.6936, and a fall through could take it to the next support level of 0.6895. The pair is expected to find its first resistance at 0.7041, and a rise through could take it to the next resistance level of 0.7106.

EUR/USD: ECB Kept Interest Rate Steady, Revamped Quantitative Easing Program

EUR/USD: ECB Kept Interest Rate Steady, Revamped Quantitative Easing Program

Sep 4, 2015

In the Asian session, at GMT0300, the pair is trading at 1.1121, with the EUR trading flat from yesterday’s close. Meanwhile, the nation’s trade deficit narrowed more than expected to $41.86 billion, following a revised deficit of $45.21 billion in the prior month. The pair is expected to find...

GBP/USD: UK Services PMI Unexpectedly Fell In August

GBP/USD: UK Services PMI Unexpectedly Fell In August

Sep 4, 2015

The pair is expected to find support at 1.5204, and a fall through could take it to the next support level of 1.5168. The pair is expected to find its first resistance at 1.529, and a rise through could take it to the next resistance level of 1.5341.

USD/CHF: Swiss Franc Trading Higher, Ahead Of Switzerland’s CPI Data

USD/CHF: Swiss Franc Trading Higher, Ahead Of Switzerland’s CPI Data

Sep 4, 2015

The pair is expected to find support at 0.9684, and a fall through could take it to the next support level of 0.9637. The pair is expected to find its first resistance at 0.9776, and a rise through could take it to the next resistance level of 0.9821.

USD/CAD: Loonie Reverses Its Gains Ahead Of Canada’s Unemployment Data

USD/CAD: Loonie Reverses Its Gains Ahead Of Canada’s Unemployment Data

Sep 4, 2015

The pair is expected to find support at 1.3136, and a fall through could take it to the next support level of 1.3057. The pair is expected to find its first resistance at 1.3292, and a rise through could take it to the next resistance level of 1.3369.