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Major currencies keep quieter so far in European trading

Major currencies keep quieter so far in European trading

There's not much in terms of action so far in European morning trade, with the market moves so far looking rather tentative at best. 10-year Treasury yields are holding steady at around 4.04% after the drop yesterday and that is keeping traders on edge today:US...

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Eurozone November unemployment rate 6.4% vs 6.5% expected

Eurozone November unemployment rate 6.4% vs 6.5% 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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GBPUSD Technical Analysis – Back in rangebound mode

GBPUSD Technical Analysis – Back in rangebound mode

USDThe Fed left interest rates unchanged as expected at the last meeting with a shift in the statement that indicated the end of the tightening cycle. The Summary of Economic Projections showed a downward revision to Growth and Core PCE in 2024 while the Unemployment...

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Magnitude 6.0 earthquake reported in Western Japan region

Magnitude 6.0 earthquake reported in Western Japan region

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 9 January 10am New York cut

FX option expiries for 9 January 10am New York cut

There is just one to take note of, as highlighted in bold.That being for USD/JPY at 143.60, which could help to limit downside price action before rolling off later in the day. That being said, the 200-day moving average at 143.35 remains the more critical support...

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USD/JPY inches back towards test of key technical level

USD/JPY inches back towards test of key technical level

The pair looks poised for another drop today after the selling yesterday, down 0.3% to 143.75 currently. Of note, price is starting to move towards a test of the 200-day moving average (blue line) at 143.35 next:USD/JPY daily chartThat puts a clearer range on price...

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ForexLive Asia-Pacific FX news wrap: Yen, equities gain

ForexLive Asia-Pacific FX news wrap: Yen, equities gain

French central bank head, and ECB Governing Council member, Villeroy speaks todayDeutsche Bank downgrade Europe equities to neutral from overweight, stays fullyear bullishSeuz shipping - container carriers have entered agreements with Houthis to avoid attackFederal...

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