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  • North American Edition2014-08-01 10:49 UTC

    EUR-USD and USD-JPY maintained narrow ranges ahead of today's U.S. jobs report showstopper, while GBP-USD dropped to fresh lows following a sub-expectations manufacturing PMI print out of the U.K, which adds to recent signs that recovery momentum is coming off the boil, and AUD-USD carved out a fresh low following soft Australian PPI data. Read More 

  • European Edition2014-08-01 06:53 UTC

    Both trade and direction were limited in the pre-European Asian session by the proximity of the U.S. payrolls release later today. EUR-USD stuck near to the 1.3385-90 area, leaving yesterday's 1.3371 low and Wednesday's eight-month nadir at 1.3367 untroubled while at the same time lacking the muster to test 1.3400, which capped yesterday. The high-stakes Argentina default, yesterday's Banco Espirito Santo plunge in Portugal, and the Russian standoff, ... Read More 

  • Asian Edition2014-08-01 20:38 UTC

    The July jobs report modest NFP miss prompted some dollar selling in N.Y. dealings on Friday. EUR-USD ended up near 1.3445 after posting lows of 1.3385, as USD-JPY slipped under 102.35, after touching 103.07 highs. Other U.S. data releases were mixed, with the July manufacturing ISM coming in better than forecasts, personal income rising, and June construction spending slipping sharply. The jobs report was good enough to prompt some initial Fed tightening ... Read More 

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