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By AvaTrade On Tuesday, January 16th, 2018
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Could The Dollar Manage To Stay Above 90 Ahead Of Inflation Data From Germany

Summary: The dollar declined for the fourth consecutive sessions against a basket of six majors with large losses in the short term. Fortunately, the dollar held above the 90 handle for now yesterday. We will More...

By AvaTrade On Monday, January 15th, 2018
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The Dollar Index Decline Accelerated, Threatening 90 Handle

Summary: The dollar broke below its lows of September 2017 and ended sharply lower against a basket of six majors. Even with the higher-than-expected U.S. core CPI for December, the dollar could not stay afloat. More...

By AvaTrade On Monday, January 15th, 2018
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Weekly Market Report – 15.01.2018

Market Summary Asia Asian markets got off to a good start last week, but the rally dried up by mid-week, with most markets in the region falling in response to a weaker U.S. dollar. The exemption to this was the More...

By AvaTrade On Friday, January 12th, 2018
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The Euro Strength Could Resume, Await Major Data In U.S.

Summary: The euro jumped back to monthly highs on Thursday and benefited from the hawkish ECB minutes which indicated we are coming to an inflection point in the central bank’s QE program. The dollar More...

By AvaTrade On Thursday, January 11th, 2018
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The Dollar Index Awaits Short-term Directional Cues After A Wild Trading

Summary: The dollar rally halted as U.S. treasuries yield soared on Wednesday. However, the expected Trump’s infrastructure plan supported the dollar in late New York session. We will have some major More...

By AvaTrade On Tuesday, January 9th, 2018
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Premature To Bet On A Reversal Of The Downtrend In The Dollar

Summary: The dollar rally was capped by H4-period EMA60 as some Fed officials expressed their concerns over low inflation once again. All three major U.S. stock indexes climbed to new record highs though at More...

By AvaTrade On Monday, January 8th, 2018
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Weekly Market Report – 08.01.2018

Market Summary Asia Asian markets kicked off 2018 in a solid fashion, gaining broadly in the holiday shortened week. Despite trading only two days last week, Japan’s saw the best weekly performance, adding More...

By AvaTrade On Monday, January 8th, 2018
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Major Currencies Mixed On Mixed NFP

Summary: The dollar rebounded against a basket of six majors after the initial decline following the non-farm payrolls data which came in significantly disappointed expectations at 148,000 jobs added in December More...

By AvaTrade On Friday, January 5th, 2018
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A Double Dip In The Dollar Ahead Of NFP

Summary: The dollar did not move up against a basket of six majors following the solid and well-above-expectations ADP jobs report and slipped for a potential new low in the short term. Keep an eye on U.S. NFP More...

By AvaTrade On Wednesday, January 3rd, 2018
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The Dollar Saw Further Weakness, With Risk Of A Corrective Rebound In The Short

Summary: The dollar declined further for now as it hardly responded toS. Markit Manufacturing PMI for December. However, it could potentially undergo a corrective rebound in the short term. The gold retreated this More...