European Manufacturing PMI data weak overall

All of the major Euro Zone PMI releases are out and they’ve been rather weak overall. Only the French one has been better than expected. Spanish Manufacturing PMI 53.9 vs 54.7 f/ …
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SocGen recommends buying USD/JPY with 105 target

Rationale Higher USD/JPY is a longstanding view we have had, but we took profit in January as the upward trend petered out and the market appeared to be overly short yen. With the …
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EURJPY has broken neckline of Inverse H&S. Projected target is around 138.00

From our FXWW Chatroom earlier today and one to watch  
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USD/CAD rally likely to show signs of exhaustion towards 1.0960

USD/CAD remains bid in the early European session and we are approaching yesterday’s high at 1.0917. Much depends now on today’s Canadian GDP release at 13:30 BST, but I think …
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Upcoming News Releases Thur 31st

Latest news releases, all times are GMT  
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Goldman Sachs Spot Desk Strategies

From Goldman Sachs via our FXWW chat room:  EUR: We will look to add to our short at 1.3415 with a stop rolled down to 1.3460, first support at yesterday’s 1.3367 low, 1.3250 ta …
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EUR/GBP gains on month-end demand

Sources in our FXWW chat room are reporting that the usual suspect (the German central bank) is seen buying EUR/GBP. Offers reported at 0.7940 and the next key tech resistance lies …
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It’s all about the USD! U/J & Loonie techs in focus

Thurs 31st July USD bulls certainly liked the outcome of FOMC and the stronger than expected US GDP figure. The USD index has rallied to trade right up under the key resistance of …
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Month-end flows forecasts

From Citi: Signals are all extremely weak this month, so much so that there is little clarity on whether to expect net USD selling or buying. This is because asset returns have bee …
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DOLLAR-YEN: MNI Fundamental levels (orders, options, technicals)

30-juil.-2014 DOLLAR-YEN: MNI Fundamental levels (orders, options, technicals) *Y102.80 Strong offers, stops (Y102.79 – 4 Jun high) *Y102.64 9 Jun high *Y102.50 Exporter offe …
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