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Author: Pablo Piovano

Market-Analyze

Forex Outlook FX News

EUR/USD renewed downside targets 1.0450 – Scotiabank

Posted By Pablo Piovano

Eric Theoret, FX Strategist at Scotiabank, remains bearish on the pair in the short term.

Key Quotes

“EUR is flirting with 1.05 at levels last seen

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  • 6 hours ago
Market-Analyze

Forex Outlook FX News

US Dollar clings to gains near 101.60, FOMC on sight

Posted By Pablo Piovano

The greenback, measured by the US Dollar Index (DXY) has surrendered part of its initial gains and is now gravitating in the 100.60 area.

US Dollar f

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  • 8 hours ago
Market-Analyze

Forex Outlook FX News

CNY faces further depreciation – Danske Bank

Posted By Pablo Piovano

Chief Analyst at Danske Bank Allan von Mehren believes the Chinese currency could lose further ground in the next months.

Key Quotes

“We look for CN

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  • 8 hours ago
Market-Analyze

Forex Outlook FX News

USD/JPY rangebound between 112.30 and 114.50 – UOB

Posted By Pablo Piovano

USD/JPY should remain within the consolidative range in the next week, suggested FX Strategists at UOB Group.

Key Quotes

“The 113.55 target indicate

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  • 8 hours ago
Market-Analyze

Forex Outlook FX News

DXY inter-markets: extra gains need a stronger catalyst

Posted By Pablo Piovano

The US Dollar Index (DXY) – which measures the buck vs. its main rivals – is prolonging its upbeat momentum on Wednesday, although the upside seems to

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  • 8 hours ago
Market-Analyze

Forex Outlook FX News

Canadian Retail Sales contracted 0.5% MoM

Posted By Pablo Piovano

Statistics Canada informed that headline sales have contracted at a monthly 0.5% in December, while sales excluding the Autos sector dropped 0.3% inte

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  • 9 hours ago