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Synergy FX
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FX UPDATE: Sterling Firms On Carney's "Hard Brexit" Testimony | Thursday 19th October, 2017 - Synergy FX Forex Market News In a surprising twist to the current Brexit negotiations, BoE Governor Mark Carney discussed the risks of a hard Brexit on the ECB and EU banks during his testimony to the UK Parliamentary Treasury Committee. Despit...

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FX UPDATE: A Big Data Week For The Sterling | Monday 16th October, 2017 - Synergy FX Forex Market News Last Friday's US CPI and Retail Sales numbers were largely in line with market expectations. However, with the USD well bid on the expectations of higher inflation and Sales growth, Forex traders pushed the Greenbac...

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FX UPDATE: Traders Focus on US CPI Data For Direction | Friday 13th October, 2017 - Synergy FX Forex Market News   On September 8th, the EUR/USD posted a 2-year high of 1.2090, the AUD/USD reached 2.5 year high of .8120, and the USD/JPY reached a new low for 2017 at 107.30......the USD was clearly under pressure just ov...

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FX UPDATE: Hurricane Affected Payrolls Didn't Dampen The USD Rally | Monday 9th October, 2017 - Synergy FX Forex Market News Friday's headline Non-Farm payroll data (NFP) was purely a reflection of the extent of which hurricanes Harvey and Irma disrupted US employment activity. As mentioned in the FX UPDATE on Friday, it was likely that the ...

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FX UPDATE: US Non-Farm Payroll preview ... The Hurricane Edition | Friday 6th October, 2017 - Synergy FX Forex Market News It's the first Friday of the month, which means Forex traders will be turning their attention to the release of the US Non-Farm payroll, Unemployment rate and average hourly earnings.   However, forecasting today'...

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FX UPDATE: Is Trump's Tax Plan A Boom Or Bust For The USD? | Monday 2nd October, 2017 - Synergy FX Forex Market News   It's almost been a year since Donald Trump was elected to the White house. It's been over seven months since he has formally occupied the Oval office. One of the key promises Mr Trump made to voters du...

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FX UPDATE: Higher US Yields Underpin The Greenback | Friday 29th September, 2017 - Synergy FX Forex Market News On September 8th, the USD Index dipped to a 2.5-year low just under 91.00. Since then it's moved steadily higher and (barring a sharp reversal today) will go into the weekend posting its best 2-week rally of the year. ...

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FX UPDATE: Sterling Steady After Moody's Credit Downgrade | Monday 25th September, 2017 - Synergy FX Forex Market News Just over three months ago, Moody's Investor Services placed the UK Sovereign debt on negative watch. At the same time they announced that they would make their ratings decision by September 22nd. The question that ...

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FX UPDATE: FOMC Statement Underscores G-7 Policy Divergence | Friday 22nd September, 2017 - Synergy FX Forex Market News Janet Yellen and the Federal Reserve did not surprise the forex market on Wednesday. They didn't unexpectedly lift interest rates while announcing its plan to begin reducing its balance sheet will begin next month. ...

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FX UPDATE: This Week's FED Meeting Will Drive USD Flows | Monday 18th September, 2017 - Synergy FX Forex Market News Tomorrow and Wednesday, the FOMC will meet to discuss the next move in US monetary policy. Over the last several months, it’s been well-telegraphed that this meeting will focus on unwinding QE and shrinking the...
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