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Foreign Exchange Report 14 November 2018

EURUSD  The German ZEW investor confidence index improved slightly to -24.1 for November from -24.7 previously and was in line with consensus forecasts. ECB member Praet stated that a substantial amount of monetary stimulus is still required and that it … Continue reading

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Foreign Exchange Report 13 November 2018

EURUSD  The Euro remained under pressure in early European trading on Monday as the break below 1.1300 against the dollar continued to erode sentiment. EU Commission President Juncker repeated his criticism on the Italian government position and there was further … Continue reading

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G10 FX Week Ahead > 11-16 Nov. 2018

°The dollar heads into next week’s data releases on a high. °While US retail sales and inflation should back the narrative of further Fed hikes, German GDP could actually show a QoQ contraction. °And if Italy refuses to moderate its … Continue reading

Posted in Fx Market