Daily Look

FX volatility remains on the high side at the moment, with the move in bond yields playing a major role. Bond yields are being driven higher globally at differing paces …

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EURUSD Daily Pivots R3 1.1551 R2 1.1417 R1 1.1345 Pivot 1.1210 S1 1.1138 S2 1.1004 S3 1.0932   EURUSD (1.126): On the daily chart, EURUSD saw a bullish continuation yesterday …

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The overnight session has seen a further recovery in the Aussie, thanks largely to the better than expected GDP data seen for the first quarter at 0.9% QoQ. This comes …

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The main standout in overnight trade has been the Aussie, jumping back above the 0.77 level in the wake of the latest interest rate decision. There was no surprise to …

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FX markets start a new month which once again is supposedly crunch time for Greece, but this time it feels like it really is. The single currency was performing better …

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EURUSD Daily Pivots R3 1.1098 R2 1.1051 R1 1.1017 Pivot 1.0907 S1 1.0936 S2 1.0889 S3 1.0855 EURUSD (1.096): EURUSD posted three days of gains after a bounce off the …

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The main story this week has been the US Dollar. A lack of significant tradable economic data out of the UK and EU has seen Sterling and Euro languish. Sterling …

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The rally in USDJPY is taking a breather and understandably so following its spike to levels not seen since 2002. Data overnight indicated once again the fragility of the Japanese …

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USDJPY broke sharply to the upside in the past few days, clearly making an impulsive rise that is still incomplete, but as always pullbacks can occur. A new corrective setback …

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The dollar recovery over the past few days has been a talking point within the market as it has brought some landmark levels in some of the majors with the …

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