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FX option expiries for 19 April 10am New York cut

FX option expiries for 19 April 10am New York cut

There are a couple to take note of, as highlighted in bold.The first ones are for EUR/USD at 1.0640-45 with about €1.9 billion in expiries lined up. It's not a technically significant region but the expiries could look to hold off any upside price action before...

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Germany March PPI +0.2% vs +0.1% m/m expected

Germany March PPI +0.2% vs +0.1% m/m 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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UK March retail sales 0.0% vs +0.3% m/m expected

UK March retail sales 0.0% vs +0.3% m/m 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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UK retail sales on the agenda in the session ahead

UK retail sales on the agenda in the session ahead

In any case, the focus at the moment is more on the broader market mood. Risk sentiment was rocked earlier by news of Israel striking Iran. But we're seeing those fears fade slightly after Iran played that all down and doesn't seem interested to retaliate.Still, this...

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The final stretch of the week looks to be a nervy one

The final stretch of the week looks to be a nervy one

Just when you thought markets would begin putting this episode behind, the barrage of headlines just had to hit right on a Friday. It is reported that Israel made multiple strikes earlier here but Iran has been playing that down in response. It's shaping up to be a...

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Iran may be trying to downplay Israel’s attack

Iran may be trying to downplay Israel’s attack

I don't know about quality of this translation and I'm sure Iran doesn't have a space agency but it looks like Iran is going to try to take the win here.That said, a separate (unconfirmed) report is out there with some tough words from the IRGC about nuclear sites....

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Now we know why markets plumeted mid-day

Now we know why markets plumeted mid-day

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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Now we wait for the response to the response

Now we wait for the response to the response

Watching this unfold in real time, I've been amazed at how slowly this has all be disseminated. These tweets from two of the biggest news services are literally an hour after we first started reporting on this attack.I think the slow reporting has something to do with...

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The risk mood isn’t great in Asia

The risk mood isn’t great in Asia

What happened?The market party has been raging all year and suddenly everyone has a hangover. The S&P 500 has fallen four days in a row and today the Nikkei is down 2%.The pain is starting to bleed over to FX as well with AUD/USD on the backfoot in early...

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