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AUDUSD took out the 1.0600 barrier after RBA

  Good Morning , – There was a bit of action in EURCHF late evening. It seems there was a miss hit and the cross traded up to 1.2092 (!), but traders filled orders only up to 1.2025 in the market. AUDUSD took out the 1.0600 barrier after RBA. Apart from that – currencies traded […]

Market Recap-Simultaneous increase of USD and Equities

It seems that markets have reached a turning point, while both the USD, oil contracts and US Equities increased significantly at the same time. SP500 has almost closed at the all-time high, while at the same time USD strengthened across all the board (despite the fact that currently markets are pricing in a January 2020 […]

EURUSD rallied after Spain unveiled a crisis budget…

        Good Morning,   §  The euro held firm above a two-week low on Friday after Spain unveiled a crisis budget that many saw as a step towards a bailout to stabilize its public finances. EURUSD rallied in the aftermath in NY and Asia (high so far 1.29425). Commodity- and EMG currencies are doing all […]