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Forexanalysis

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Re: Forex Market News And Analysis
« Reply #15 on: Sep 08, 2017, 10:02 PM »
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WTI oil futures pare losses after construct in U.S. substandard inventories

West Texas Intermediate oil pared losses in North American trade a propos Thursday, despite data showed that oil supplies in the U.S. registered a larger-than-traditional inventory construct, in a week affected by the impact of Hurricane Harvey.

Crude oil for October delivery concerning speaking the New York Mercantile Exchange fell 10 cents, or 0.20%, to trade at $49.06 a barrel by 11:03AM ET (16:03GMT) compared to $48.95 ahead of the financial credit.

The U.S. Energy Information Administration said in its weekly financial credit that substandard oil inventories increased by 4.580 million barrels in the week finished September 1. Market analysts' had received a sloppy-adding construct of 4.022 million barrels, even if the American Petroleum Institute late Wednesday reported a supply construct of 2.791 million barrels.

Supplies at Cushing, Oklahoma, the key delivery lessening for Nymex substandard, increased by 0.797 million barrels last week, the EIA said. Total U.S. incompetent oil inventories stood at 462.4 million barrels as of last week, according to press forgive, which the EIA considered to be in the upper half of the average range for this era of year.

The version plus showed that gasoline inventories decreased by 3.199 million barrels, compared to expectations for a glamor of 5.000 million barrels, even if distillate stockpiles fell by 1.396 million barrels, compared to forecasts for a decline of 3.063 million.

The fable came out one hours of daylight well along than customary due to Mondays Labor Day holiday.

Elsewhere, in bank account to the ICE Futures Exchange in London, Brent oil for November delivery turned practically and gained 7 cents, or 0.13%, to $54.27 by 11:08AM ET (15:08GMT), compared to $54.16 by now the doable.

Meanwhile, Brent's premium to the WTI clumsy mix stood at $5.25 a barrel by 11:09AM ET (15:09GMT), compared to a gap of $5.04 by unventilated of trade in version to Wednesday.

Elsewhere upon Nymex, gasoline futures for October delivery fell less than a cent to $1.6721 a gallon, even though October heating oil rose 1.7 cents to $1.7769 a gallon.

Natural gas futures for October delivery fell 1.8 cents to $2.982 per million British thermal units.

Markets have been evaluating the impact of Hurricane Harvey upon supply and demand as operations in oil refineries, pipelines and shipping channels across Texas and Louisiana returned gradually this week.

Traders are as well as keeping an eye upon Hurricane Irma, ranked as one of the five most powerful Atlantic hurricanes in the last 80 years.

The Category 5 hurricane battered Puerto Rico and devastated a chain of little Caribbean islands late upon Wednesday and is time-lucky to hit Florida by Sunday afternoon, a prospect that has roiled tawny juice and gasoline futures markets as skillfully as shares of insurance providers.

Two relationship tropical storms in the Atlantic, Jose and Katia, were stated hurricanes late upon Wednesday.


Forexanalysis

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Re: Forex Market News And Analysis
« Reply #16 on: Sep 08, 2017, 10:05 PM »
Wall St. opens degrade as Irma powers toward Florida

U.S. stocks opened degrade on Friday as investors assessed the financial impact of hurricane Harvey, as hurricane Irma powers toward Florida.

The Dow Jones Industrial Average (DJI) fell 37.47 points, or 0.17 percent, to 21,747.31. The S&P 500 (SPX) aimless 4.83 points, or 0.19 percent, to 2,460.27. The Nasdaq Composite (IXIC) dropped 7.62 points, or 0.12 percent, to 6,390.25.


Forexanalysis

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Re: Forex Market News And Analysis
« Reply #17 on: Sep 08, 2017, 10:08 PM »
Euro rally keeps dollar in the doldrums

LONDON (Reuters) - The dollar remained mired near its lowest levels since early 2015 as European Central Bank President Mario Draghi's suggestion that the ECB may begin tapering its massive stimulus program this autumn continued to underpin the euro.

Meanwhile expectations of another interest rate hike in the U.S. this year have subsided as stubbornly weak inflation continues to surprise Federal Reserve policymakers.

In a speech on Thursday, New York Fed President William Dudley did not repeat an assertion from three weeks ago that he expects to raise rates once more this year.

An agreement to push U.S. debt ceiling talks three months down the road to December, coinciding with the Fed's policy meeting, have also cut chances of another rate hike.

Further muddying the outlook for the future path of U.S. interest rates was the ongoing uncertainty over what the make-up of the Fed and White House staff is going to be next year.

Overnight, sources told Reuters that the fraying relationship between U.S. President Donald Trump and top White House economic adviser Gary Cohn has raised questions about how long Cohn will stay in his job.

The concerns stem from a report in the Wall Street Journal – confirmed by other news media, including Reuters – that Cohn was unlikely to be nominated by Trump as a potential successor to Fed Chair Janet Yellen.

In Europe, the euro <EUR=> rose to a fresh 2-1/2 year high on Friday as currency bulls judged the central bank's concerns about the strengthening currency at Thursday's policy meeting as lukewarm at best.

"We think the ECB would be concerned about currency strength if that occurred at the same time as higher bond yields," said analysts at Morgan Stanley (NYSE:MS), led by Hans Redeker, while reiterating their bullish view on the euro.

"The USD decline has gained momentum now after the Fed’s Dudley did not state explicitly that there would be a hike this year but instead focused on gradual removal of accommodation," Morgan Stanley analysts added.

A Reuters report that ECB policymakers were in broad agreement that their next step will be reducing their bond purchases and discussed four options at their latest meeting also helped the euro on the day.

The euro jumped around 20 ticks to $1.2069 , putting it on track for its biggest weekly gain since end-June.

Fears that the euro's rally would hurt profits at Europe's large exporters has weighed on regional stocks in recent months. The pan-European STOXX 600 (STOXX) is down about 6 percent from its May highs.

On Friday, it came off its lows as the bounce in European government bond yields after the Reuters story on the ECB helped bank shares (SX7E).

U.S. stock futures (ESc1) were 0.3 percent lower indicating a lower open on Wall Street.

HARVEY AND IRMA

Market participants' focus is increasingly shifting to a series of natural disasters hitting North American coasts and worries that Pyongyang could launch another missile test on Saturday, North Korea's founding day, keeping risk appetite in check going into the weekend.

Investors continued to track Hurricane Irma, bearing down on Florida even as Texas struggles with the devastation caused by Hurricane Harvey which economists have said could weigh on U.S. economic growth for the third quarter.

An earthquake of magnitude 8.1 struck off the southern coast of Mexico late on Thursday, killing at least five people, triggering minor tsunami waves and damaging buildings.

Oil markets were mixed on Friday, with Brent crude supported by expectations that Saudi Arabia could cut its October supplies, while U.S. crude was weighed down by refinery outages due to damage from Hurricane Harvey.

Brent crude futures (LCOc1) were up 8 cents at $54.57 a barrel, with the benchmark for international oil prices earlier marking its highest since April at $54.79 a barrel.

U.S. West Texas Intermediate (WTI) crude futures (CLc1) were at $48.98 barrel, 11 cents below their last settlement.


Forexanalysis

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Re: Forex Market News And Analysis
« Reply #18 on: Sep 08, 2017, 10:13 PM »
Forex - USD/CAD holds at 28-month lows after unquestionable Canadian data

The U.S. dollar was concerning unchanged at a 28-month low neighboring to its Canadian counterpart something subsequently than Friday, after the user-pleasant of hermetic Canadian employment data and as the greenback continued to be pressured demean by geopolitical and natural deeds.

USD/CAD was tiny tainted at 1.2113 by 09:30 a.m. ET (13:30 GMT), the lowest level by now May 2015.

Statistics Canada reported nearly Friday that the unemployment rate showed fell suddenly to 6.2% in August from 6.3% the previous month.

The description then showed that the Canadian economy created 22,200 jobs last month, beating puff expectations.

The mighty data appendage to optimism progressive than the strength of the Canadian economy, underlined by the Bank of Canada's incredulity decision this week to lift the benchmark cumulative rate by 25 basis points to 1.00%.

Meanwhile, sentiment just just more or less speaking speaking the greenback remained vulnerable along surrounded by concerns on zenith of the impact of Hurricane Irma. The category 5 storm is projected to hit Florida on summit of the weekend.

Market participants seemed to shrug off observations by New York Federal Reserve President William Dudley approaching Thursday calling upon the U.S. central bank to continue gradually raising pure luck take possession of rates, as low inflation should rebound.

Investors were furthermore cautious together plus speculation North Korea could opening an intercontinental ballistic missile upon Saturday, which will mark the anniversary of the nation's foundation.

U.S. President Donald Trump said upon Thursday that he would select not to use military keep busy closely Pyongyang to counter its nuclear and missile threat but that if he did it would be a "enormously sad daylight" for the North-Korean leadership.

The loonie was lower neighboring-door to the euro, as soon as EUR/CAD adding 0.13% to 1.4588.

The single currency remained broadly supported after the European Central Bank left merger rates unchanged as conventional upon Thursday and signaled that recommendation upon the tapering of the central bank's asset-then program would be delivered in October.

Forexanalysis

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Re: Forex Market News And Analysis
« Reply #19 on: Sep 08, 2017, 10:16 PM »
Forex - Dollar below expansive selling pressure, hovers at 32-month trough

The dollar continued to fly at 32-month lows adjoining association majors in the region of the subject of Friday, as concerns on peak of the potential impact of Hurricane Irma in report to the Florida coast and tensions taking into account North Korea yet pummeled the greenback.

EUR/USD was happening 0.35% at 1.2064, the highest back January 2015.

The single currency remained broadly supported after the European Central Bank left merger rates unchanged as recognized vis--vis speaking Thursday and signaled that information in tab to the tapering of the central bank's asset-attain program would be delivered in October.

Meanwhile, sentiment on the order of the greenback remained vulnerable as markets monitored the advancement of Hurricane Irma. The category 5 storm is projected to hit Florida anew the weekend.

Market participants seemed to shrug off remarks by New York Federal Reserve President William Dudley upon Thursday calling upon the U.S. central bank to continue gradually raising mixture rates, as low inflation should rebound.

The safe-waterfront yen and Swiss franc pushed well along, as soon as USD/JPY losing 0.94% to a spacious 10-month low of 107.42 and behind USD/CHF sliding 0.64% to 0.9445.

Investors were plus cautious along surrounded by speculation North Korea could creation an intercontinental ballistic missile upon Saturday, which will mark the anniversary of the nation's establishment.

U.S. President Donald Trump said upon Thursday that he would choose not to use military swap adjoining Pyongyang to counter its nuclear and missile threat but that if he did it would be a "totally depressing day" for the North-Korean leadership.

In Japan, data earlier showed that gross domestic product expanded by 0.6% in the second quarter, the length of from an initial estimate of 1.0% and disappointing expectations for a lump rate of 0.7%.

Elsewhere, GBP/USD ahead of its mature 0.78% to a five-week high of 1.3213 after data showed that UK manufacturing production rose as soon as than again predict in July, even if industrial production increased in heritage later expectations.

A sever version showed that the UK trade deficit narrowed to 11.58 billion in July from a revised 11.53 billion the previous month.

The Australian and New Zealand dollars remained stronger, subsequently AUD/USD in the works 0.71% at 0.8105 and as well as than NZD/USD rallying 1.04% to 0.7310.

Data upon Friday showed that China's exports increased by an annualized rate of 5.5% last month and that imports jumped 13.3%.

China is Australia's biggest export helper and New Zealand's second biggest export helper.

Meanwhile, USD/CAD fell 0.31% to a 28-month low of 1.2083.

The U.S. dollar index, which events the greenbacks strength adjoining a trade-weighted basket of six major currencies, was the length of 0.47% at 91.06 by 08:25 a.m. ET (12:25 GMT), the lowest level past January 2015.


Forexanalysis

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Re: Forex Market News And Analysis
« Reply #20 on: Sep 13, 2017, 04:56 PM »
Forex - Dollar Dips Against Yen; Sterling at 1-Year Highs

The dollar edged lower contiguously the yen something linked to Wednesday but remained proficiently above last weeks 10-month lows, even though sterling rose to a one-year high boosted by stronger-than-usual UK inflation data.

The dollar was a be against lower adjoining the yen, following USD/JPY dipping to 110.00 by 03:19 AM ET (07:19 GMT), after rising to an overnight high of 110.29, the most prematurely September 1.

The greenback hit a 10-month low of 107.30 neighboring-door door to the Japanese currency following mention to Friday in the previously rebounding as shakeup cutting edge than North Korea ebbed and concerns more than the economic impact of Hurricane Irma eased.

Sterling built regarding the previous sessions gains, bearing in mind GBP/USD climbing 0.29% to 1.3321 along in the midst of expectations that Tuesdays mighty inflation reading would prompt the Bank of England to agreement to a more hawkish stance regarding combined rates.

The BoE is to retain its neighboring policy meeting almost the order of the subject of Thursday.

The euro edged merged adjoining the dollar, considering EUR/USD last occurring 0.1% at 1.1977.

The euro surged to two-and-a-half-year highs contiguously the dollar last week after European Central Bank President Mario Draghi indicated that the bank may begin tapering its deafening stimulus program this autumn.

But he plus said the mighty euro is weighing in this area inflation, calculation to pressure on the subject of the ECB at grow antiquated behind it is starting to question how to be swift later tapering.

The euro was at one-and-half month lows as soon as-door to the stronger pound, linked to than EUR/GBP down 0.19% at 0.8991.

The U.S. dollar index, which measures the greenbacks strength adjoining a trade-weighted basket of six major currencies, dipped 0.13% to 91.77.

Meanwhile, the Australian and New Zealand dollars were slightly combined, past AUD/USD rising 0.15% to 0.8031 and NZD/USD adding happening upon 0.16% to trade at 0.7296.

Forexanalysis

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Re: Forex Market News And Analysis
« Reply #21 on: Sep 13, 2017, 05:00 PM »
Forex - Yen Gives Up Early Gains As PPI Just Shy Of Expectations

The Japanese yen gave occurring yet to be gains in Asia around the order of Wednesday after producer prices came in slightly knocked out expectations.

USD/JPY distorted hands at 110.09, the length of 0.05%, even though AUD/USD traded at 0.8024, happening 0.05%

The U.S. dollar index, which procedures the greenbacks strength anti a trade-weighted basket of six major currencies, eased 0.05% to 91.84.

Japan reported producer prices for August as flat in version to month, compared to a 0.1% profit seen, and occurring 2.9% concerning year, jut bashful of the 3.0% layer received.

Overnight, the dollar was around unchanged adjacent-door to a basket of major currencies vis--vis Tuesday, as data showed U.S. labor demand remained mighty but gains were capped as sterling jumped to a twelve-month high in addition to bullish inflation data.

The U.S. Labor Department's latest Job Openings and Labor Turnover Survey (JOLTs) credit, a put it on of labor request, showed job openings in July augmented to roughly 6.2m, beating expectations of 5.96m.

The labor excuse comes ahead of crucial consumer and producer inflation data due Wednesday that could assume the Federal Reserves decision upon monetary policy. The Federal Open Market Committee (FOMC) meeting is slated for September 19.

Meanwhile, newscaster-port demand continued to fade despite North Korea threatening the United States taking into account the "greatest aching" it has ever suffered subsequent to growth sanctions imposed by the United Nations. The dollar added to recent gains when to both the yen and Swiss franc.

The direction for the greenback, however, remains bearish as speculators ramped occurring immediate bets down the greenback to a regarding 5-year high last week, according to data from Commodity Futures Trading Commission.

The pound rose to its highest this year adjoining dollar, hitting $1.3288 together along along as well as inflation data that topped expectations.

Inflation, as measured by the consumer price index, rose to 2.9% year upon year in August, taking place from 2.6% the previous month.

Forexanalysis

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Re: Forex Market News And Analysis
« Reply #22 on: Sep 13, 2017, 05:04 PM »
PBOC Sets Yuan Parity At 6.5382 Vs Dollar

The People's Bank of China set the yuan mid-narrowing at 6.5382 adjoining the dollar going concerning for Wednesday, compared to the previous oppressive of 6.5362.

After the dollar logged its best hours of daylight by now January vis--vis Monday, the PBOC guided the yuan weaker upon Tuesday, ending an 11-day streak of stronger fixes.

The China Foreign Exchange Trade System sets the weighted average of prices ham it in the works by appearance around makers. The highest and lowest offers are excluded from the accessory. The central bank allows the dollar/yuan rate to involve no anew 2% above or asleep the central parity rate.

Market watchers see a yuan level of 7 adjacent-door to the dollar, USD/CNY, as a key touchstone for sentiment in the near term

Forexanalysis

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Re: Forex Market News And Analysis
« Reply #23 on: Sep 13, 2017, 05:06 PM »
Forex - Aussie, Kiwi Little Changed Vs. Greenback in Late Trade


The Australian and New Zealand dollars were tiny changed to the side of their U.S. counterpart in the region of Wednesday, after the general pardon of upbeat Australian data and as way of liven up thing sentiment remained globally supported.

AUD/USD held steady at 0.8026.

Earlier Wednesday, the Westpac Banking Corporation said consumer sentiment increased by 2.5% in September after a 1.2% subside the previous month.

Meanwhile, sentiment continued to tote happening as Hurricane Irma appeared to have caused less broken than feared and in the absence of any relationship provocations from North Korea.

Irma, which had hammered the Caribbean late last week andwas one of the most powerful Atlantic hurricanes, weakened to a tropical depression, mitigation concerns after that again the severity of its financial impact.

Separately, tune participants seemed to shrug off North Koreas handing out away of sanctions imposed by the U.N. Security Council.

The Security Council voted unanimously on Monday to step occurring sanctions upon the peninsula, in recognition to its sixth nuclear test.

NZD/USD was occurring for unchanged at 0.7290.

The U.S. dollar index, which measures the greenbacks strength then-door-door to a trade-weighted basket of six major currencies, was the length of 0.11% at 91.79 by 02:10 a.m. ET (06:10 GMT).


Forexanalysis

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Re: Forex Market News And Analysis
« Reply #24 on: Sep 13, 2017, 10:45 PM »
Forex perplexing analysis: GBPUSD tests humiliate trend heritage

High today failed to extend vis--vis a crack
The GBPUSD has been pushed the length of today regarding the in the at the forefront of lower wage data from the employment footnote.   Right in the in the since the description, the pair broke above a topside trend stock. It was in addition to trading at the highest level since a year ago upon September 13, 2016.  That see above the trend stock failed, the wage data was lower than expectations, the price fell.

 
What now?

We are now scrutiny a lower trend parentage at 1.3233.  Key intraday test off the hourly chart. maintain and shorts will likely see to cover.  Watch 1.3253-60 as a correction zone going around for a retracement far away and wide along.  I would ventilate for sellers oppressive that area.

A crack knocked out and a test of the 100 hour MA at 1.3197 will be the amid direct.

Forexanalysis

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Re: Forex Market News And Analysis
« Reply #25 on: Sep 13, 2017, 10:48 PM »
Euro spills to a six-hours of daylight low. Tax plot helping US dollar

EUR/USD drops to 1.1913

The euro ran some stops in a immediate touch all along asleep Tuesday's low of 1.1925.

It's more approximately the rapid optimism for the US dollar that's taken maintenance past Hurricane Irma blinking trailed estimates.

That was beatific a late accretion lift by headlines that are crossing about a pardon of the US tax endeavor concerning September 25. The market is starting to think it could in fact happen.


Forexanalysis

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Re: Forex Market News And Analysis
« Reply #26 on: Sep 13, 2017, 10:52 PM »
Forex unidentified analysis: USDJPY waffles lower coarsely speaking the hours of day but just barely


Not going the complete far afield
The USDJPY closed yesterday at 110.156. The price just peeked above that lineage at 110.17.  We are by now taking place to 110.10.  The prior London highs for the hours of daylight had stayed in report to the subject of the low side of the near heritage by a pip or appropriately.  Sometimes crossing that 0 (unchanged) heritage, makes a difference, especially following traders use it as a perplexing ceiling.


Other levels to eye adding going on 110.30 place.  On September 1 (unemployment hours of hours of daylight), the price spiked detached but subsequently used the 110.30 area as a ceiling.  Above that, and the trend descent cuts across at 110.42. The employment daylight high came in at 110.475 and the high from August 31 stalled at 110.663. 

On the downside, the 109.827 was the every choice tall from September 4. The 200 bar MA almost the 4-hour chart (green step origin) comes in at 109.717.

I know we are in the red today, and there are levels above in the way but it seems the attempt lower today just could not profit any involve ahead.  Get  in the black and things will see improved. 

Stocks are commencement taking into consideration declines that should not abet the upside. The S&P is all along -4 points or -0.16%. The Nasdaq is the length of -16 points or -0.25%.

US yields are stalled near unchanged levels.  I guess the debt minister to is looking for a toting happening too.

Forexanalysis

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Re: Forex Market News And Analysis
« Reply #27 on: Sep 13, 2017, 10:55 PM »
Forex in the disaffect and wide ahead analysis: EURUSD higher but hangs in the middle of MA levels

Below 100 hour MA. Above 200 hour MA.
The EURUSD has been confined to a 30 pip trading range substitute times the last 12 or appropriately hours. The range for the hours of day is not much augmented at 37 pips. The price is compound re the daylight. The pair closed at 1.1964 yesterday and we trade at 1.1976 currently.

 
Technically, the high today has seen traders inclined adjacent-door to the 100 hour MA (blue extraction in the chart above). That currently comes in at 1.19958.

On the downside, the 50% of the involve going on from the August 31 low comes in at 1.19573. The 200 hour MA is a tiny lower at 1.19504. 

The pair is non trending and looking for a shove. 

Taking a see at the weekly chart out cold, the pair upon Friday last week pushed to the highest level before December 2014 at 1.2092. The high got within 4 pips of the conscious the length of from the 2011 tall at 1.20968.  Sellers leaned adjoining that retracement and the 1.2100 natural resistance level.


Drilling down from the weekly to the daily, the price remains above a demean trend line at 1.1878. The 1.1910 is the tall from the arrival of August. The 1.1876 level is the swap low from 2010. Those levels are targets below. Remaining above, keeps the bulls more in manage.
 

In the last few minutes, the price has gotten a shove down to the 50% and the 200 hour MA.  So far and wide the buyers are coming in heavy the place later than a low at 1.19535 therefore far. We have outstretched the low by a few pips now

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Re: Forex Market News And Analysis
« Reply #28 on: Sep 30, 2017, 11:21 PM »
Hedge funds see codicil the euro's stumble and later than what they see

LONDON (Reuters) - Hedge funds are looking once than the euro's drop this week and surviving bullish, encouraged by an enlarged economy and diplomatic stabilization.
The single currency has been the standout trade in foreign quarrel markets this year, climbing anew 12 percent adjoining the dollar in 2017. Long positions in the euro are now at their greatest in five years, positioning data ham it taking place.
Investors have raised their bets a proposed expectations the European Central Bank will begin unwinding its multi-year stimulus plans in the coming months.
The slant for the closer political bond may have dimmed after preserve for the far-off and wide right surged in German elections last week. But hedge fund managers allow the euro's economic prospects remain relatively bigger than, make known, the U.S. dollar's.
"Our view on the euro is that it is going to occurring, and it's primarily based on the fact that (ECB President) Mr. Draghi is mannerism bearing in mind where the American Fed is," said Alex Roepers, chief superintendent at $1.3 billion Atlantic Investment Management.
"He needs to lift rates, and the moment he gives taking place upon zero glamor rates, the euro will rally and I think it will p.s. $1.30."
The euro has fallen in defense to 3 percent after peaking at a 2 1/2-year high close $1.21 earlier this month. The main reason for the loss was the dollar's rebound this week after the Trump administration released its tax plans and Federal Reserve officials make some hawkish explanation about U.S. whole rates.
Euro bulls are undeterred.
"Europe is at an in the future stage of economic recovery and has a large current account surplus," said Borut Miklavcic, CIO, and managing connect at LindenGrove Capital, who is "very optimistic" upon the euro.
With the eurozone economy now growing for the 17th straight quarter, the ECB is highly thought of to wind along with to its stimulus efforts, starting the neighboring year, even if inflation looks likely to remain below the bank's near 2 percent dream for years in the future.
Data upon Friday showed inflation in the 19-follower currency bloc held steady at 1.5 percent in September.
"Europe reminds me a lot of Japan subsequent to declining demographics and a big amount of savings," said Russell Clark, an accomplice at $1.2 billion Horseman Capital Management, who expects the euro to remain hermetic.


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Re: Forex Market News And Analysis
« Reply #29 on: Sep 30, 2017, 11:23 PM »
Forex - Dollar Index Holds Near 1-Month Highs Despite U.S. Data


The dollar held steady near to one-month highs adjoining the accumulation major currencies as regards the order of Friday, despite the forgive of tepid U.S. data, although hopes for an upcoming U.S. fiscal plot were avowed to limit the greenback's losses
In a revised description, the University of Michigan said its consumer sentiment index hit 95.1 in September, all along from a previous estimate of 95.3.
The data came after the U.S. Commerce Department said consumer spending increased as period-fortunate in August, even though core inflation shortly eased.
The greenback had strengthened broadly after U.S. President Donald Trump unveiled a intend in checking account to Wednesday calling for demean tax rates for businesses and individuals as a share of an amassed overhaul of the U.S. tax code.
However, the proposal yet faces an up scuffle in the U.S. Congress, gone the Republican Party separated in the back more it and Democrats spiteful.
EUR/USD was going to 0.25% at 1.1814, even if GBP/USD slid 0.42% to 1.3386, not far away afield from Thursday's two-week lows of 1.3344.
The UK Office for National Statistics reported on Friday that the UK terrifying domestic product expanded 1.5% in the second quarter, year-on summit of-year, beside from a previous estimate of 1.7%.
On a quarterly basis, the UK economy grew 0.3% in the three months to June, in pedigree when expectations.
In the euro zone, data on Friday showed that consumer price inflation remained stable in September, missing forecasts for a slighted addition.
Elsewhere, the yen turned lower, bearing in mind USD/JPY happening 0.15% at 112.45, even if USD/CHF edged the length of 0.19% to trade at 0.9684.
The Australian dollar remained weaker, as well as AUD/USD the length of 0.22% at 0.7838, while NZD/USD was tiny tainted at 0.7232.
Meanwhile, USD/CAD climbed 0.51% to trade at 1.2490, regarding-concerning Thursday's three-week summit of 1.2519.
The loonie weakened after Statistics Canada reported on Friday that the country's economy stagnated in July, disappointing expectations for a growth rate of 0.1%.
The U.S. dollar index, which trial the greenbacks strength neighboring-door to a trade-weighted basket of six major currencies, was steady at 92.92 by 10:50 a.m. ET (14:50 GMT), not far from Thursday's one-month highs of 93.50.

 


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  • bizmaxpower: @ cadientejomel <-- try to respect this chat room stop posting your referral links here.
    Apr 24, 2018, 02:57 AM
  • n0name_04: Good day po! If you are new in the stock market and want to identify the mistakes newbies do in the stock market, you can read this ebook "The 20 Pitfalls You Must Avoid If You Are New In The Stock Market". This ebook will show the mistakes to avoid in the stock market before you commit them in the first place.If you commit less mistakes, you will increase your chances of earning in the stock market as compared to newbies out there. Please visit www.stockmarketbeginnerbook.com to get your copy. Thank you!
    Apr 23, 2018, 08:03 PM
  • cadientejomel: Sino gusto kumita? Legit to.
    Apr 22, 2018, 01:56 PM
  • Senyor: welcome to the Sensational Bull Runs mga kabayans... BAT: $.40 cents ViTA: Php3.15
    Apr 22, 2018, 01:13 PM
  • wonli87: Hi all,  has anyone heard about uvumoneysite?  Need to know if this is legit
    Apr 21, 2018, 01:40 AM
  • SeekJustice: Please lang po ang CDC REALTY we thought tapos na kmi sa balance nmn sa rivergreen nagbayad kmi dapat move in na kaso ang sinasabi  meron daw kmi bayaran na interest wala po kami loan how come they will charged an interest. 2016 turn over daw pero hindi natuloy un dahil sa issue ng museum nasa news pa noon yun then natuloy ng 2018 1st qrtr kaya kmi napauwi ng Philippines para ayusin at bayaran lahat ng dapat bayaran sa Rivergreen yun pla gugulatin kami ng ganun unfair ang ginagawa nila i want to report to HLURB kaso me mga cases hindi nla naasikaso meron po ba mkakatulong po sana na magrecommend na abugado po ng real estate please thank you
    Apr 20, 2018, 06:07 AM
  • mitzc: hello people! newbie here and I am particularly interested for the informations about stocks investments.. MF/UITF/VUL.... i have been reading some discussions from the forums here and they are all informative so i decided to register so I can participate in the discussions and probably some people here can help me understand how the stocks works. KUDOS to the moderators. thank you in advance
    Apr 18, 2018, 04:03 AM
  • bizmaxpower: Kung totoo man yan walang tao dito sa Pinas na maghihiram ng ganyan kalaking pera imbes nakatulong problema pa ang nangyari ang iba sa kanila ay hind realistic ang presentation!
    Apr 13, 2018, 12:46 PM
  • bizmaxpower: Babala sa mga kaPTMers ingat sa mga Scammers ang mga iba niyan ay galing pa sa ibang bansa. Kung common sense lang ang paguuspan bakit kelangan nila magalok ng services dito sa Pilipinas.
    Apr 13, 2018, 12:44 PM
  • saly: Hello po.. magttnong lang po ako kung paano po proseso ng  smart padala.. gstu ko po sana ksi sya idgdg dto sa maliit na tindhan ko..
    Apr 11, 2018, 09:53 PM
  • John AG: hello po
    Apr 11, 2018, 04:31 PM
  • ASARABIA04: Hi Im looking for an agent of Sunlife , Prulife UK and Philam life? message me ASAP
    Apr 08, 2018, 10:48 AM
  • ASARABIA04: ASARABIA04
    Apr 08, 2018, 10:47 AM
  • jiggoy29: Hello po, ask ko lang kung ano mga requirements pag e cancel ko yung moneyLife 8.. thank you
    Apr 05, 2018, 12:24 PM
  • PwedePadala: Is there a moderator on the site? Sana merong magmonitor ng mga unrelated topic.
    Mar 30, 2018, 06:38 AM
  • bestinpalawan: hi ^_^
    Mar 28, 2018, 04:36 PM
  • Edong35: Hello there!
    Mar 25, 2018, 06:27 PM
  • pahuway: hi po, newbie here :)
    Mar 22, 2018, 05:41 PM
  • Mila: Hi everyone...
    Mar 19, 2018, 04:31 PM
  • Gallego02: hello newbie here
    Mar 16, 2018, 02:56 PM
  • Mila: Hi Diosa57...call this number for personal and comprehensive advice...09267511660....expert po sya sa ganyang usapin...
    Mar 10, 2018, 09:06 PM
  • Mila: hi Diosa57, you need to talk to someone in authority regarding that matter...call this number if you like 09267511660  for some pieces of advice...
    Mar 10, 2018, 09:00 PM
  • Niel Jhacoubs: @PINKA Kung meron ka daw philhealth la ka na daw babayaran except sa mga medicines na bibilhin.
    Mar 02, 2018, 01:32 PM
  • Diosa57: Hello po, paano po ibenta ang property ng makapatid kung patay na yung isa at sa US namatay ?  Need advice , thank you !
    Mar 01, 2018, 07:58 PM
  • pinka: Prob ko nakaloa ako no pay so wala ako pambayad ng registration
    Feb 28, 2018, 07:56 PM
  • pinka: I need pede maloanan. May car ako but hindi nareg this yr pede ko sana magamit for loan pede nid daw updated ORCR
    Feb 28, 2018, 07:56 PM
  • pinka: @niel meron po pero kulang
    Feb 28, 2018, 07:52 PM
  • natz: who wants to convert your php here to china rmb no charge text me 09052915515
    Feb 28, 2018, 07:03 PM
  • Niel Jhacoubs: @PINKA La kabang philhealth?
    Feb 28, 2018, 11:50 AM
  • pinka: Hello new lang ako dito ko po sana mauutangan employed ako but naaconfine ako ngaun need ko maloanan to pay bills dito sa ospital pandagdag sana . Nakaloa ako eh can any1 help me text 09771065064
    Feb 28, 2018, 01:00 AM
  • nelcequena: Unless paid na din yung utang mo sa credit card. If yes, kahit walang collateral, possible na makaloan ka
    Feb 27, 2018, 11:21 AM
  • nelcequena: I believe not.
    Feb 27, 2018, 11:21 AM
  • cherryl0304: i mean borrow
    Feb 26, 2018, 03:47 PM
  • cherryl0304: ask ko lang po.. possible po ba maka barrow ka ng money from bank with land collateral kahit may utang ka sa credit card before
    Feb 26, 2018, 03:46 PM
  • cherryl0304: hello po testing
    Feb 26, 2018, 03:44 PM
  • centaur_montano: test good morning
    Feb 26, 2018, 06:55 AM
  • mardaf1026: Hi po sa mga Investors, looking for adding more savings?
    Feb 22, 2018, 01:53 AM
  • Diosa57: Hello newbie po.  Tanong ko po kung ano po ang kailangan Na documents para ibenta po yung property na minana ng father ko at elder sister nya. A small parcel of land .  Yung title ay nasa pangalan nilang dalawa. Yung sister nya ay nakatira sa ibang bansa, may asawa at may 5 anak sila.  Namatay yung sister ng Tatay ko 6 years ako na po. Gusto na pong ibenta ng Tatay ko yung property at payag naman po yung asawa at mga anak ng sister nya. Ano po ang dapat hingiin na documents sa kanila para maibenta yung property at para madaling mailagay sa pangalan ng buyer yung titulo na malinis .  Maraming Salamat po.
    Feb 17, 2018, 05:58 PM
  • Bizfinder: Hello newbie here, ask ko lang bout sa casino lending ba un,how can i join?
    Feb 14, 2018, 11:17 AM