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  • North American Edition2015-04-01 10:23 UTC

    The dollar popped higher before settling ahead of tomorrow's release of the March payrolls report. EUR-USD dove to 1.0718, just over 50 pips down on the intraday high before finding a toehold above yesterday's low at 1.0712. USD-JPY, meanwhile, steamed back above 120.00 after dipping to a low of 119.42 in Tokyo, and Cable fell to a 12-day low at 1.4739, despite above-forecast UK manufacturing PMI data. One of the more hawkish Fed members, George, ... Read More 

  • European Edition2015-04-01 06:41 UTC

    EUR-USD lifted to the upper 1.07s in pre-European trade in Asia, despite Fed hawk Lacker saying that there is a strong case for June hike, although there is no pre-set timetable, and from Fed's George, also a hawk, who said that it's time for the Fed to talk about rates lift-off. Grexit concerns also very much remain in the background. Overall, this backdrop should inhibit upside potential for EUR-USD. On the flipside, we neither don't feel too ... Read More 

  • Asian Edition2015-03-31 18:28 UTC

    The dollar was mixed overall in light FX trade in N.Y. on Tuesday. Month and quarter end positioning had largely run its course, leaving the market rather listless. EUR-USD peaked at 1.0776 before easing back under 1.0730, where it spend most of the session. USD-JPY moved inside a narrow range on either side of 120.00, while USD-CAD faded toward 1.2650 following better Canadian GDP data. On the data calendar, home prices were steady, as consumer ... Read More 

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