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AUDUSD Technical Daily View

AUDUSD is ranging around 0,75 area after a sharp fall from 0.767 level. In addition, it is forming a falling channel and is testing the lower side. Next supports are the 50% and 61.8% Fibonacci levels. Regarding news, we are expecting U.S President Donald Trump’s speech later today and on Thursday, we have the release […]

Very little news out overnight

Good Morning, Very little news out overnight and the FOMC didn’t offer any fresh insights. Italy’s 2016 bond auction could be in focus today and an article in the FT that the new EU treaty could face some hurdles in other countries besides the UK will certainly not help risk at all. EURUSD dropped to […]

Russian Central Bank lowers FX repo rates to stabilize Ruble…

  Good Morning,    – The Euro hovers near more than 2-year low with all eyes on ECB meeting later today. The euro was last at $1.23 level, having fallen before to $1.2295, a low not seen since August 2012. – Traders said the ECB must meet the market’s already very dovish expectations or risk […]