FOREX

Sterling traders relaxed on Brexit trade risks

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The pound has risen against dollar while options markets suggest no flash points ahead   Currency traders have slipped up on Brexit many times over the past four years, but they are relaxed about the prospect of dropping out of the EU’s trade arrangements without […]

FOREX

EUR/USD fails to advance on positive news, at risk of falling

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EUR/USD’s failure to materially capitalize on a plethora of upbeat developments is exposing the pair weakness, according to FXStreet’s analyst Yohay Elam. Key quotes “The most significant positive development has come from the Sino-American front. US Trade Representative Robert Lighthizer and Chinese Vice Premier Liu […]

FOREX

GBP/USD Eases Back Ahead of US Jobs Report

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The Dollar is bouncing against all of its major counterparts ahead of today’s US jobs report. The markets have pretty much headed in one direction since March. The dollar has declined notably while stocks and precious metals have both rallied. The moves have been significant, […]

FOREX

EUR/GBP upside faltered in the 0.8960 area

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EUR/GBP’s upside momentum lost impetus near 0.8960 on Tuesday. UK’s Claimant Count Change rose by more than 850K in April. German, EMU Economic Sentiment coming up next on the data. The broad-based better mood in the riskier assets is dragging EUR/GBP back to the 0.8930 […]