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Daily Forex & Commodity Trading News


Thursday, 02 October 2014 07:00 GMT
By David Song  and Shuyang Ren
The EUR/USD may face a near-term correction should the European Central Bank (ECB) use the interest rate decision to buy more time.
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Wednesday, 01 October 2014 15:30 GMT
By David Song
The USD/JPY may face a larger correction in the days ahead as there appears to be a bearish divergence taking shape in the Relative Strength Index (RSI).
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Euro Market Opening Brief Thursday, 02 October 2014 06:40 GMT The Australian, Canadian and New Zealand Dollars soared on seesawing risk appetite trends as markets brace for the ECB rate decision and US jobs data.
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Top FX Headlines Thursday, 02 October 2014 11:15 GMT With the ECB's stress tests due at the end of the month and the ABS-program not yet having begun, it is unlikely QE is announced today.
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Daily Fundamentals Thursday, 02 October 2014 04:44 GMT In the past 5 months, EURUSD has dropped over 1,400 pips from peak to trough. And, much of this move can be attributed to the ECB.
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Thursday, 02 October 2014 03:58 GMT
By David de Ferranti
Gold and silver are marching higher as their pricing currency, the USD, succumbs to profit-taking in early Asian trading.
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Thursday, 02 October 2014 03:14 GMT
By John Kicklighter
The market is ill at ease. This past session saw a global correction in risk appetite trends and serious blow to fragile complacency.
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