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Weekly FX Update – 26 May 2017 (Video)

In this week’s FX update, Senior Market Analyst Craig Erlam discusses some of this week’s key themes impacting financial markets and gives his analysis on EURUSD (0:20), GBPUSD (3:15), EURGBP (5:48), AUDUSD (7:45), USDCAD (11:43), NZDUSD (14:22), USDJPY (16:04), GBPJPY (17:58) and EURJPY (19:43). Week Ahead US Political Risk and Data to Guide Markets Soft […]

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Weekly FX Update – 26 May 2017 (Video)

In this week’s FX update, Senior Market Analyst Craig Erlam discusses some of this week’s key themes impacting financial markets and gives his analysis on EURUSD (0:20), GBPUSD (3:15), EURGBP (5:48), AUDUSD (7:45), USDCAD (11:43), NZDUSD (14:22), USDJPY (16:04), GBPJPY (17:58) and EURJPY (19:43). Week Ahead US Political Risk and Data to Guide Markets Soft […]

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Week Ahead US Political Risk and Data to Guide Markets

Holidays in UK and US will compress busy trading week The US dollar is regaining momentum after the Commerce department upgraded its first quarter GDP estimate from 0.7 percent to 1.2 percent. The U.S. Federal Reserve was already considering the slowdown a transitory one as per the minutes from its May meeting that were released […]

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Q1 US GDP Revised Up to 1.2%

U.S. economic growth slowed less sharply in the first quarter than initially thought, but the weakness was likely an aberration amid a strong labor market that is near full employment. Gross domestic product increased at a 1.2 percent annual rate instead of the 0.7 percent pace reported last month, the Commerce Department said in its […]

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DAX Dips, Markets Eye US GDP

The DAX index has posted slight losses in the Friday session. Currently, the DAX is trading at 12,527.00 points. For a second straight day, there are no releases out of Germany or the eurozone. It’s a busy day in the US, highlighted by Second Estimate GDP, which is expected to post a gain of 0.9%. Leaders of […]

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Soft End to the Week as Oil Drags

Soft End to the Week as Oil Drags

As the week draws to a close, risk appetite appears to be drying up, not helped of course by recent moves in oil which is dragging on global benchmarks. Oil Bounces But Losses Weigh on Indices Oil has been one of the standout performers throughout May as traders banked on an extension to the deal […]

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