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EUR/USD2015-08-28 10:45 UTC

EUR-USD is firmer on the day after three successive down days. An intraday peak was seen at 1.1309 following an above-forecast ESI economic sentiment survey out of the Eurozone, though the euro subsequently ebbed back to the 1.1270-80 region, leaving the 200-day moving average at 1.1312 unchallenged. EUR-JPY has seen a similar price action today. The euro proved a perhaps surprising haven currency during the worst of the recent China stock ... Read More 

XE-marknadsanalys

  • North American Edition2015-08-28 10:45 UTC

    The dollar traded moderately softer, though directional impetus was lacking in forex markets as the stock market rebound flagged in Europe after a second day of gains in Asia. Market participants hunkered down, wary of a potential tape bomb from the Fed's gathering at Jackson Hole given the still open-ended 'to hike, or not to hike' question. EUR-USD firmed after three successive down days, leaving an intraday peak was seen at 1.1309 following an ... Read More 

  • European Edition2015-08-28 07:04 UTC

    The dollar majors saw contained trade in pre-Europe trade in Asia as risk-on continued for a second data. A 3.0% closing gain in Japan's Nikkei 225 and 2%-plus gain in China's Shanghai Composite led other Asian bourses higher on renewed optimism about the U.S. economy following yesterday's revised Q2 GDP, along with a slew of above-forecast Japanese data today. The S&P 500 closed with a 2.4% gain on Wall Street, building on Wednesday's solid 3.9% ... Read More 

  • Asian Edition2015-08-27 17:34 UTC

    The dollar added to recent gains in N.Y. on Thursday, as an outsized upward revision to U.S. Q2 GDP got the ball rolling. Growth was upgraded to 3.7% from the original print of 2.3%. This was stronger than median forecasts, and good enough to take the greenback higher. Some support came in the form of improved odds for a September Fed rate hike, while a vastly improved risk backdrop support the USD as well. Wall Street rallied despite renewed rate hike ... Read More 

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