Month: August 2021

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Highlights of the US import/export price data US July import prices +10.2% y/y vs +9.3% expected Prior was +11.2% y/y Import prices +0.3% m/m vs +0.6% exp (prior +1.0% m/m) Export prices +17.2 % y/y vs +15.9% prior Prior export prices y/y +16.8% Export prices m/m +1.3% vs +0.8% expected (prior +1.2% m/m) The headline
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EUR/USD extends daily rebound into the American session. US Dollar Index edges lower ahead of consumer confidence data. Falling US Treasury bond yields seem to be weighing on USD. After spending the first half of the day fluctuating in a narrow band below 1.1750, the EUR/USD pair gained traction in the early American session and
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Takes out the low from yesterday’s trading The GBPUSD has been steadily moving lower over the the course of the NY session and has just moved below the low target from yesterday’s trading below 1.38022 and also below the natural support at 1.38000. The low 1.37935 so far. Looking at the hourly chart, the pair is testing/dipping
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