2019

The US dollar index was seen holding steady after posting steady declines last week. The fresh lows in the US unemployment rate failed to push the dollar index higher. Lack of economic data also kept price action mostly subdued. But…
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It looks like we could be in for some volatility in AUD pairs this week, with some key events expected. To start with, we get a deeper look at the Australian economy and how experts expect it to evolve over the next six months thanks to…
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The monthly nonfarm payrolls report surprised with the unemployment rate falling to 3.5%. This marked the lowest unemployment levels since 1959. Payrolls grew by 136,000 missing the estimates of 145,000. The payroll figures for August…
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The week will see a continuation of various economic reports and scheduled speeches by central bankers which will continue to keep the markets busy. The events that stand out include the meeting minutes from the Federal Reserve and the…
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Range-bound trading is especially suited for trading the forex markets. It is often a favorite of forex traders who take shorter-term positions. To understand why, though, we have to take a closer look at the underlying traits that move…
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The services sector activity as measured by the Institute for Supply Management (ISM) saw a decline in September. The index fell to 52.6 during the month, coming out lower than the estimates of 55.1. In August, services activity rose to…
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Traders are looking to the monthly nonfarm payrolls due later this afternoon. The release will no doubt shape the decision of monetary policymakers. According to the economists polled, the monthly payrolls for September is forecast to…
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Closing out the week for Australia, we have the first potentially market-moving economic data after the RBA meeting. As expected, the bank cut interest rates. But that only leaves open the question as to when it will cut them again.…
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The World Trade Organization ruled in favor of the United States in regard to the dispute on aircraft subsidies from the EU. At the heart of the dispute is the complaint from Washington about Airbus SE (a European aircraft manufacturer)…
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