EUR/CAD settles below the resistance The 19-nation Eurozone meet agreed upon the discussions over Greece’s bailout review beginning at Brussels this Monday. The Central Bank stated that there was a surge in the housing prices of German cities. The prices rose by 8 percent last year followed by an annual average rise of 6.75 percent. […]

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AUD/CAD begins the Bearish Process The Aussie’s got an encouragement from the National Australia Bank’s performance last week. With Westpac’s confidence, the Australian economy is bound to flourish. However, there are lows which may prevail for a couple of days.  The recent statement made by the RBA on the monetary policy concludes that the economy […]

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Euro’s advance against the Yen Jean-Claude Juncker, the European Commission President accepted the fact that Britain will take a longer time to leave the European Union than expected. On the political front, Greece continues to dominate the headlines and has played a key role in the decline of the Euro. The poll results of the […]

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Euro to Climb Higher Euro’s international trade in goods saw an increase of 6% and the Euro looked to bounce back after a fresh lower of 1.0559 levels yesterday. With a security clearance proclaimed by the European nations, an increase in the growth rate of employment opportunities is ensured for the people of the nation. […]

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Yellen’s statement strengthens US dollar Federal Reserve Chairperson Janet Yellen’s speech highlighted the progress made by the U.S. economy in terms of achieving price stability and maximum sustainable employment. She confidently stated that there is a steady improvement in the labor market. Janet Yellen feels that there can be an increase in rate hikes as […]

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NZD/JPY Trendline Breakdown The Kiwi has begun weakening across the board yesterday. With the prevailing risk appetite and spurring demands, it’s possible that the Kiwi bears are trying to resume Kiwi’s decline after last week’s RBNZ statement. NZ credit card spending rises by 2.5% in January vs. 1.0% expected, 0.0% previous Japan’s GDP Data saw […]

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AUD/NZD May Fall At Resistance Following an intense performance in the US session last week, Australia proved that it is a strong performer and enabled a bid in the commodity currencies. The recent news for the Aussie’s was warnings that urged the RBA to slash rates in order to avoid a low-growth rate. Australia’s Q4 […]

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RBNZ Strengthens The Reserve Bank of New Zealand (RBNZ) left the key interest rates unchanged at 1.75% and wants to be sure of 2% inflation before hiking the rates. The Central Bank also noted that the monetary policy will remain accommodative for a considerable period. We see upside risks to the RBNZ’s inflation forecasts, although […]

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Aussie Downtrend Back in Play In the Reserve Bank of Australia’s first policy meeting for 2017 on Tuesday, the bank announced that it would hold interest rates steady. The country’s central bank expressed an optimistic outlook that the country’s economy would see a 3 percent growth in the next few years, keeping rates unchanged at […]

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Greenback to comeback U.S Court of Appeals ends hearing over Travel ban to US and will issue the decision at the earliest. U.S API Weekly Crude Oil stock jumps to 14.2M when compared to previous 5.8M. According to the BOJ Summary of Opinions from its January meeting, it will take some time for the inflation […]

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