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MARKET NEWS Sept. 10: American Session Tatiana Norkina, analyst at FBS The US dollar index is adding about 0.25% at the session opening, consolidating at the 84.50 mark, due to absence of major macroeconomic indicators. Stock trading began in different directions. Thus, DJIA is adding...

MARKET NEWS 10 September 2014 Pound awaits the Inflation Report Hearings FXBAZOOKA.com - GBP/USD awaits the BOE Inflation Report Hearings that follow the August quarterly Inflation Report. Testimony that starts at 13:45 GMT will likely provide us with more details about the BOE monetary...

MARKET NEWS September 10: Asian session FXBAZOOKA.com - The US dollar extends the rally versus the Japanese yen and the Australian dollar, pushed up by the higher US yields. The USD/JPY pair hit a new six-year high of 106.55. AUD/USD extended the decline for a third day in a row, hitting...

MARKET NEWS September 9: American Session Tatiana Norkina, an analyst of FBS The index of the American dollar continues to grow insistently, adding just under 0.20% at the opening of the American session. A new high of 84.66 was reached today. At the same time, stock markets were opened...

MARKET NEWS 9 September 2014 BOE Carney: rate hike comes in Spring 2015 FXBAZOOKA.com - The Bank of England might start to hike interest rates in Spring 2015, although the labour market is still in the process of recovering from crisis, Governor Mark Carney said in a speech in Liverpool on...

MARKET NEWS September 9: Asian session FXBAZOOKA.com - The US dollar resumed growth versus all the major currencies as expectations for an earlier Fed Fund rate rise increased. The San Francisco Federal Reserve published a research showing investors are pricing in a lower chance for interest...

MARKET NEWS September,8: American session Tatyana Norkina, FBS analyst. Index of the dollar at the opening session adds a little more than 0.25% on expectations of speech by the Minister of Finance, Mr. Lu today. The rise of the dollar is also associated with the bearish pressure on the...

MARKET NEWS 8 September 2014 CFTC: USD longs keep rising FXBAZOOKA.com - According to the latest CFTC report, released on Sep. 5, large traders and speculators raised their USD bullish bets to the highest level since June 2013. The value of net USD longs increased from $32.9 billion as of...

MARKET NEWS 5 September 2014 Ukraine agreed ceasfire with rebels The Ukrainian government and representatives of the Russian-backed rebels have agreed a ceasefire from 15:00 GMT on Friday in Minsk. European Union will likely hold off the additional sanctions if the conflict really will be...

MARKET NEWS 5 September 2014 USD down on weak NFP US dollar index declined from a 14-month as the US non-farm payrolls increased at a lowest pace in 2014 in August. The news dampen expectations that the Federal Reserve will raise interest rates sooner than expected. US employers added only...

MARKET NEWS 5 September 2014 What to expect from the US NFP? FXBAZOOKA.com - Exhausted by the yesterday’s ECB-related move, currency traders await the US labor market data on Friday (12:30 GMT). Consensus forecasts are upbeat for all the 3 releases: Key US releases (Sept. 5) The ECB...

MARKET NEWS Sept. 5: Asian session FXBAZOOKA.com - Asian stocks fell while the US dollar extended the upside after the European Central Bank announced a rate cut and an Asset-purchase plan on Thursday. Markets await the US labor data to confirm US economic recovery. Meanwhile in Ukraine...

MARKET NEWS Sept.4: American session Tatiana Norkina, analyst at FBS The US Dollar index has leapt abruptly to the 83.48 mark after ECB decision to cut interest rates from 0.15% to 0.05%. By the American session opening, the index is adding over 0.60%. Stock markets have also opened on the...

MARKET NEWS 4 September 2014 ECB cut rate to 0.05% FXBAZOOKA.com - The European Central Bank unexpectedly cut benchmark rate from 0.15% to 0.05%. EUR/USD tested $1.3036. Next target on the downside is $1.3000. Former support at $1.3110 represents a resistance. The ECB’s President Mario...

MARKET NEWS 4 September 2014 Bank of England: policy unchanged FXBAZOOKA.com - As it was widely expected, the Bank of England left monetary policy unchanged with a bank rate at 0.5% and QE at £375 billion pounds. The markets will now be awaiting for the MPC minutes release on September 17...

MARKET NEWS 4 September 2014 EUR/USD ahead of the ECB EUR/USD is consolidating in a sort of triangle on H1 ahead of the ECB meeting and press conference later today (11:45 and 12:30 GMT). Germany released an upbeat factory orders report. The spread between US and German bond yields is also...

MARKET NEWS 4 September 2014 German data: really an improvement? German factory orders rose by 4.6% in July after declining by 2.7% in the previous month. Analysts at Commerzbank, however, think that it doesn’t yet mean that the recent phase of weakness is over. In their view, the period of...

MARKET NEWS 4 September 2014 BOJ meeting: key points As expected, the Bank of Japan left monetary policy unchanged, leaving the annual QE target 60-70 trillion yen The BOJ Governor Kuroda explained on a press-conference, that an aggressive easing was maintained to compensate the impact of the...

MARKET NEWS Sep. 4: Asian session USD/JPY edged up to 104.90 after declining yesterday. US dollar is stronger versus Japanese yen ahead of the data forecast to show a pickup in U.S. employment, supporting bets the Fed will raise interest rates. The Bank of Japan kept its record stimulus...

MARKET NEWS 3 September 2014 Cease-fire talks support stocks Demand for risky assets retrurned to the markets as Russia and Ukraine agreed on steps toward a cease-fire. Putin suggested a 7-point plan to resolve the conflict. No final decision has been made yet, but the intentions of the...