Hawkish Fed but US$ still at 92.50: By Mary McNamara

There was hawkish Fed rhetoric but the US$ is still below the 92.50 S/R, for now at least. This remains the level to watch for any new make or break. USDX daily: still below 92.50 …
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21 Sept: Forecast: FX: US$/Majors: By Jim Langlands

EURUSD: 1.1893 24 Hour: Bearish Medium Term: Prefer to sell rallies Preferred Strategy: Looking to sell around 1.1900-20 with a SL above 1.1950. 1.1860 is immediate support but loo …
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ANZ – RBA ON TRACK TO TIGHTEN 50BP IN 2018 AS OUTLOOK IMPROVES: FXWW

From the FXWW Chatroom: We see the RBA tightening by 50bp in 2018. This would reverse the rate cuts of 2016 and take the real cash back to zero. After these hikes we see the Bank s …
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Swiss franc falls to lowest versus euro since Jan. 2015: Reuters

LONDON (Reuters) – The Swiss franc fell to its lowest level in over two years against the euro on Tuesday, as relative calm over North Korea eased demand for perceived safe-h …
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FX Trader View: (Federal) Reserved ahead of announcement this evening: FXWW

From the FXWW Chatroom: EUR: EURUSD: Buy dips 1.1960, stop below 1.1940, target 1.2020 JPY: USDJPY: Buy dips 111.20, stop below 111.00, target 111.70 EURJPY: Buy dips 133.40, stop …
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UK Retail Sales: FXWW

Aug Retail Sales +1.0% m/m; +2.4% y/y -UK Aug Retail Sales Ex-Auto Fuel Sales +1.0% m/m; +2.8% y/y -UK Q2 Retail Sales Unrevised at +1.5% q/q; Adds 0.09pp to Q2 GDP -UK ONS: Non-Es …
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FX: quiet before FOMC: By Mary McNamara

FX movement has been fairly limited ahead of the much-anticipated FOMC and I suspect this uneasy-quiet might continue until the data release. Trend traders might be wise to wait un …
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20 Sept: Forecast: FX: US$/Majors: By Jim Langlands

Major Currency Pairs EURUSD: 1.1995 24 Hour: Neutral Medium Term: Neutral Preferred Strategy: Square ahead of the FOMC but short term charts hint mildly higher Resistance Support 1 …
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FX: some moves ahead of FOMC: By Mary McNamara

The US$ hasn’t moved that much but there have been a number of decent trend line breakout moves across FX pairs. In fact there were 6 breakouts with 5 giving good TC signals as w …
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19 Sept: All quiet while waiting on Trump (UN speech) and FOMC outcomes: By Jim Langlands

Gday folks. OK I am back in action following my 4-week drive through British Columbia. Highly recommended. As far as the markets are concerned, I am glad I was not around as it has …
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