Daily Look

The devaluation of the Chinese yuan has already had a significant impact on markets. And there’s lots more according to the team at Goldman Sachs. Here are their views on …

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EURUSD Daily Pivots R3 1.1225 R2 1.1155 R1 1.1097 Pivot 1.1029 S1 1.0971 S2 1.0907 S3 1.0843   EURUSD (1.1): EURUSD is continuing to trade higher for the past 5 …

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The renminbi has been one of the most highly controlled currencies in FX and had a quasi-peg against the dollar for some time, but just as we saw from the …

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EURUSD Daily Pivots R3 1.118 R2 1.111 R1 1.1064 Pivot 1.0995 S1 1.0947 S2 1.0878 S3 1.0832   EURUSD (1.09): EURUSD rallied back above the 1.10 handle yesterday and on …

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We had one more push in EURUSD to the upside and we have to change the structure of our count. Nevertheless, we still hold our view that this is a …

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News overnight that the PBOC adjusted lower its daily fix for the Chinese renminbi against the US dollar sent USDCNY flying to levels not seen for three years and caught …

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EURUSD Daily Pivots R3 1.1024 R2 1.0983 R1 1.0953 Pivot 1.0912 S1 1.0882 S2 1.0842 S3 1.0812   EURUSD (1.09): EURUSD’s attempt to break the resistance near 1.09275 looks to …

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After the excitement of the Bank of England’s Super Thursday where sterling lost over 100 pips against the dollar and nearly the same against the euro, the attention moves to …

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EURUSD Daily Pivots R3 1.1033 R2 1.0985 R1 1.0944 Pivot 1.0895 S1 1.0855 S2 1.0806 S3 1.0766   EURUSD (1.09): The Single currency reversed from the lows yesterday after testing …

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Today is likely to mark the first steps towards the commencement of the interest rate tightening cycle for the Bank of England. The markets can rest assured there won’t be …

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