Forex Market News

September 2017

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    Oil Prices Eye May High; Inverse Head-and-Shoulders Formation Unfolds

Oil Prices Eye May High; Inverse Head-and-Shoulders Formation Unfolds

By |September 26th, 2017|

Crude oil prices remain bid, with USOIL quickly approaching the May-high ($51.97) as OPEC curbs production and keep the door open to further reduce supply.

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    Brexit Briefing: GBP/USD Well Placed to Gain as Brussels Talks Proceed

Brexit Briefing: GBP/USD Well Placed to Gain as Brussels Talks Proceed

By |September 26th, 2017|

The British Pound will likely continue to trade sideways as the fourth round of Brexit talks between the UK and the EU begin in Brussels but another shift higher looks increasingly possible longer-term.

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Euro, Yen and GBP Primed Ahead of Heavy Economic Calendar

By |September 26th, 2017|

Another fresh round of political volatility over the weekend was unable to sway markets with any significance, but a heavy calendar outlay for the week ahead could certainly accomplish the task.

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    FX Markets Turn to RBNZ on Wednesday, EZ & US CPI at End of Week

FX Markets Turn to RBNZ on Wednesday, EZ & US CPI at End of Week

By |September 26th, 2017|

The last full week of September brings about several important economic data releases that will move FX markets.

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    Euro and US Dollar Focused on Comments from ECB, Fed Officials

Euro and US Dollar Focused on Comments from ECB, Fed Officials

By |September 26th, 2017|

The Euro and the US Dollar will probably look to comments from ECB and Fed officials for near-term direction cues amid a lull in high-profile economic data.

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    Gold Prices Look to Fed-Speak, Crude Oil Eyes Kurdish Referendum

Gold Prices Look to Fed-Speak, Crude Oil Eyes Kurdish Referendum

By |September 26th, 2017|

Gold prices are looking to Fed commentary for direction. Crude oil prices may regain momentum as a referendum on Kurdish independence stokes supply disruption fears.

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    Euro Left to Whims of Other Major Currencies Until CPI Report on Friday

Euro Left to Whims of Other Major Currencies Until CPI Report on Friday

By |September 25th, 2017|

A quieter calendar for most of the week ahead of the Friday release of the Euro-Zone CPI report means the Euro will be left to the whims of the other major currencies for most of the week.

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    NZD/USD Bid Ahead of Election- Outlook Hinges on RBNZ Policy

NZD/USD Bid Ahead of Election- Outlook Hinges on RBNZ Policy

By |September 24th, 2017|

Fresh remarks from the Reserve Bank of New Zealand (RBNZ) may influence the near-term outlook for NZD/USD with Prime Minister Bill English slated to win the election.

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Australian Dollar Looks Set To Hang On At The Heights

By |September 24th, 2017|

The Australian Dollar’s 2017 role in life seems to be to hover around its highs, at least against the US version. There seems little chance of a change this week.

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    The Bank of Japan Adds a New Dove to the Dole – CPI on Deck

The Bank of Japan Adds a New Dove to the Dole – CPI on Deck

By |September 24th, 2017|

The Bank of Japan may be even more dovish now with the addition of a new board member, but threats from North Korea may continue to restrain the runaway Yen-weakness that’s become commonplace in risk-on environments.

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