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UK April CBI trends total orders -23 vs -16 expected

UK April CBI trends total orders -23 vs -16 expected

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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US futures trim gains in European morning trade

US futures trim gains in European morning trade

It was up around 0.4% in early morning trade in Europe, before the gradual retreat in the last few hours. Tech shares are still the main anchor though, with Nasdaq futures up 0.4%. But Dow futures have even turned flat on the session now. European stocks are not too...

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For Japan, silence is golden – at least for now

For Japan, silence is golden – at least for now

We're approaching early evening in Tokyo and there hasn't been any meaningful verbal pushback by Japanese officials today. Typically, you'd see them come out in droves to try and pin USD/JPY back. But amid the silence today, perhaps they're hoping that the quietness...

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FX traders have got their popcorn bags out

FX traders have got their popcorn bags out

Will Japan intervene or won't they? It's definitely not ideal as we look towards European trading, where liquidity conditions will start to pick up. And even more so when US traders come into the fray later. Officials might be thinking to wait for the BOJ to send a...

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USD/JPY but a whisker away from the pivotal 155 mark

USD/JPY but a whisker away from the pivotal 155 mark

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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FX option expiries for 24 April 10am New York cut

FX option expiries for 24 April 10am New York cut

There is just one to take note of, as highlighted in bold.That being for EUR/USD at the 1.0700 mark. The pair is being resisted around the 38.2 Fib retracement level of its recent swing lower this month, seen at 1.0709. So, the expiries here could help to keep price...

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Why the stronger yuan might prompt a PBOC rate cut

Why the stronger yuan might prompt a PBOC rate cut

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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