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The pain for the Australian dollar is not over yet

The Australian dollar lost about 4 figures against its US counterpart; further losses are expected due to the slowdown the Chinese economy is experiencing.

The Australian dollar lost about 4 figures against its US counterpart last week; further losses are expected due to the slowdown the Chinese economy is experiencing. The Australian dollar plunged to a 6-month low at 0.8982 on Monday early morning. The selloff in AUD/USD, which started last week and eroded about 4 cents of the Aussie’s value, stems More...

by ProfitEase.com | in Forex | Published 5 years ago
The SNBank warned investors that it had no restraints using negative interest rates in order to enforce the 1.20 EUR/CHF cap; the euro rallied against the Swiss franc as a result yesterday.
By ProfitEase.com in Forex On Thursday, September 11th, 2014
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The EUR/CHF trades close to its 3-week high on SNB negative rates warning

The Swiss National Bank warned investors that it had no restraints using negative interest rates in order to enforce the 1.20 EUR/CHF cap; the euro rallied against the Swiss franc as a result yesterday, and until More...

The AUD/USD surged on better than expected employment report and decelerating inflation in China, while the NZD/USD erased earlier gains after the RBNZ left interest rates unchanged.
By ProfitEase.com in Forex On Thursday, September 11th, 2014
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The Australian dollar rallies as jobs numbers beat expectations

The AUD/USD surged on better than expected employment report and decelerating inflation in China, while the NZD/USD erased earlier gains after the RBNZ left interest rates unchanged. The Aussie was pushed higher More...

Factors affecting the yen rate: the Ministry of Finance, the Bank of Japan, interest rates, government bonds, economic data, Nikkei-225, cross rate effect.
By ProfitEase.com in Forex On Wednesday, September 10th, 2014
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The USD/JPY extends its rally despite slightly decreasing Japanese machinery orders

The USD/JPY momentum pushed the pair further north to more than 6-year highs; the US dollar retained its strength against other major currencies owing to bets the Fed would hike rates earlier than previously anticipated. The More...

The US dollar holds up to its gains in Asia
By ProfitEase.com in Forex On Tuesday, September 9th, 2014
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The US dollar holds up to its gains in Asia

The USD sustained its impressive rally against other major currencies in Thursday Asian trading; the commodities complex faced further losses as a result of the greenback strength. Tuesday Asian trading witnessed More...

The GBP/USD sank to the lowest in 10 months on Monday, as the results of a YouGov poll on Scotland’s independence yielded 51 percent supporters of the split
By ProfitEase.com in Forex On Monday, September 8th, 2014
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GBP/USD hammered as Scotland independence opinion poll yields 51 percent positive vote

The sterling sank to the lowest in a 10-month period against the US dollar on Monday, as the results of a YouGov poll on Scotland’s independence yielded 51 percent supporters of the split.   The GBP/USD More...

The EUR/USD has extended its downside, and the market has anticipated the divergence; given the imminent Scottish referendum, the GBP is expected to lag behind the euro.
By ProfitEase.com in Forex On Monday, September 8th, 2014
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Euro bearishness set to continue after some short-term consolidation

The euro has continued to depreciate against the dollar, and the market has anticipated the divergence; given the imminent Scottish referendum, the sterling is expected to lag behind the euro. The euro has continued More...

The US dollar traded higher against other major currencies on Wednesday with investors eager to see the anticipated end of the Fed’s bond-purchasing program
By ProfitEase.com in Forex On Friday, September 5th, 2014
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The dollar index declines but still hovers around 14-month peak

US dollar index made a brief decline but still hovered around its 14-month peak; the reason for the USD slight correction was the poor August nonfarm payroll report. The US Labor Department report today indicated More...

The EUR/USD slumped to a 14-month low, after the ECB reduced interest rates and announced its upcoming assets purchasing program aimed at fighting the looming deflation threat.
By ProfitEase.com in Forex On Thursday, September 4th, 2014
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EUR/USD hits 14-month low, after ECB cuts rates and announces asset purchasing program to stave off deflation

The euro slumped to a 14-month low against the US dollar, after the ECB reduced interest rates and announced its upcoming assets purchasing program aimed at fighting the looming deflation threat. The euro hit a More...

The EUR/USD retreated on Monday, after ECB President Draghi warned euro zone recovery is slowing down, and further momentum loss is possible.
By ProfitEase.com in Forex On Thursday, September 4th, 2014
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A short covering rally or further euro weakness – the ECB has the final say

Thursday’s ECB meeting is the most keenly awaited event on the calendar today; expectations are set high for further stimulus, so there is plenty of room for disappointment. The European Central Bank policy meeting More...

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