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Category: Invest

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FX News Invest

Resilient Core Retail Sales to Curb Canadian Dollar Weakness

Posted By David Song

Another pickup in Canada’s core reading for Retail Sales may heighten the appeal of the loonie as the BoC appears to be on course to move away from its easing-cycle.

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  • 4 days ago
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FX News Invest

Strong New Zealand Retail Sales Report to Fuel NZD/USD Rebound

Posted By David Song

NZD/USD may stage a larger recovery ahead of the weekend as New Zealand Retail Sales are projected to increase another 1.0% during the last three-months of 2016.

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  • 9 days ago
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FX News Invest

AUD/USD to Extend 2017 rally on Upbeat Australia Employment Report

Posted By David Song

A further improvement in Australia Employment may fuel the near-term rally in AUD/USD as it puts pressure on the RBA to move away from its easing-cycle.

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  • 10 days ago
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FX News Invest

Rising U.K. Headline & Core Inflation to Fuel GBP/USD Rebound

Posted By David Song

GBP/USD may stage a larger recovery and test the monthly opening range should the U.K. CPI print put increased pressure on the BoE to move away from its easing-cycle.

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  • 12 days ago
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FX News Invest

Tamed Bank of England (BoE) Forecasts to Drag on GBP/USD Recovery

Posted By David Song

A downward revision in the BoE’s quarterly inflation report may sap the near-term advance in GBP/USD as it drags on interest rate expectations.

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  • 24 days ago
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FX News Invest

Upbeat 4Q GDP to Impede on EUR/USD Recovery, Fuel Bet for June-Hike

Posted By David Song

With the Atlanta Fed’s GDP model forecasting a 2.9% rate of growth, a set of better-than-expected data prints may heighten the appeal of the U.S. dollar.

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  • about 1 month ago