EUR/USD – Inflation data mostly in line with forecasts by Milan Cutkovic

CPI month-on-month 0.1 % as expected Year-on-year 0.4 % vs 0.3 % f/c EUR/USD unchanged despite the slightly higher YoY figure Still decent offers ahead of the 1.30 level Market is …
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EUR/USD – Short squeeze pre-NFP?

EUR/USD is posting fresh daily highs as dealers are seeing some profit-taking flows Not surprising given the sharp decline yesterday Asia reported intraday stops through 1.2970 and …
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Option Expiries – Huge USD/JPY expiries 105.00-105.55 today

Option expiries for today’s NY cut (10:00 ET, 15:00 BST, 14:00 GMT): AUD/USD: 0.9250 (735M), 0.9295 (412M9, 0.9300 (308M) NZD/USD: 0.8400 (280M) USD/CAD: 1.0875 (260M), 1.0890 (4 …
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Medium term bears continue to sell EURUSD

EURUSD Daily EURUSD continues to trade with a heavy tone after taking out the 1:1 (Yellow), the market gaped through the 61.8 on Monday and after retesting this level the market ha …
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USD: Retracement or reversal- latter I think

The USD bears will need a bit more evidence before getting overly excited but the recent price action in AUD/USD, NZD/USD and USD/CAD certainly suggests that the greenback will str …
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Euro bounces as ECB source says action next week unlikely

According to Reuters, an ECB source said that it is unlikely the ECB will take any action next week without a further decline in inflation. EUR/USD has jumped 25 pips on the headli …
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EUR/USD – Good support ahead of 1.32

Almost everyone is bearish on the Euro and there are plenty of reasons to be…however, there is solid support ahead of the 1.32 level, so bears might pause a bit ahead of the Yell …
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ECB Monthly Bulletin Highlights

ECB sees 2014 GDP at 1.0 % vs 1.1 % in May, 2015 at 1.5 % (unchanged), 2016 at 1.7 % (unchanged) ECB: Long-term HICP expectations up 0.02 % to 1.86 % ECB sees 2014 HICP at 0.7 % vs …
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EUR/USD – Flows & orders update

A HK source is reporting that there are solid bids at 1.3335 from various names and one US bank mentioned that there are stops in good size through 1.3330. To the topside, offers r …
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JP Morgan Analysis of the ECB press conference

No surprises from the ECB today, but if someone would like an in-depth analysis of the press conference, here is a good summary from the US bank JP Morgan: The ECB did not send a s …
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