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RBA Cuts Interest Rates AUDUSD Sets To Weaken Further!

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This morning, the reserve bank of Australia cut interest rates by a quarter point (from 1.25% to 1.00%) as expected. The report was mixed...

USDCAD Sees Pullback Threats Ahead Of Canada Ivey PMI

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USDCAD: Sees Corrective Pullback Threats... As long as 1.3170 resistance holds on a daily closing basis, the USDCAD remains in a corrective pullback mode and further...
Forex - 698745

German Manufacturing PMI Falls 52.3, EURUSD Eyes 1.1400 Levels

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The German Manufacturing PMI fell 52.3, from 53.7 a month earlier, missing a forecast of 53.5. This development put the EURUSD under heavy pressure. Now,...
Forex-659887

U.S Philadelphia Fed Manufacturing Above Forecast, USD Remains Up!

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The U.S Philadelphia Fed Manufacturing Index fell 22.2, from 22.9 a month earlier, passing a forecast 19.7. This development supports the USD, EURUSD remains under...
Forex-265984

Mixed U.K Data, GBPUSD Consolidates Below 1.3215

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The U.K Average Earnings Index +Bonus rose 2.7%, from 2.6% in the preceding month, passing a forecast of 2.6%, supporting the GBP against the USD...

U.S ISM Non-Manufacturing PMI Rises 61.6, USD Remains Up!

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The U.S ISM Non-Manufacturing PMI rose 61.6, from 58.5 passing forecast of 58.1 in the last month. This development should keep the USD up in...

U.K Construction PMI Falls 52.1, GBPUSD Remains Lower To 1.2933

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The U.K Construction PMI Falls 52.1, from 52.9 missing forecast of 52.8 in the last month. This development should keep the GBPUSD under heavy pressure below the...

WTI Oil Tests 50.83 After Mixed Crude Oil Inventories Report!

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The U.S Energy Information Administration said in its weekly report today that crude oil inventories increased by 4.591 million barrels in the week ended September 15....

Mixed Data Brings Mixed Market Today!

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The German ZEW Economic Sentiment rose 17.0, from 10.0 a month earlier, passing forecast of 12.5 in the previous month. In the United States, Building Permits...

U.K Manufacturing Production Up -0.3%, Sell GBPUSD On Rebound !

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The U.K Manufacturing Production rose -0.3%, from -0.6% in the last month, missing forecast of -0.2%. This development could bring a corrective recovery before the next...
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