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Synergy FX
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27/25 Bligh St Sydney NSW 2000 Australia
27/25 Bligh StreetAUNew South WalesSydney2000
+61 2 8274 2600synergyfx.com
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Sterling Is Pounded After "Hard" Brexit Talk | Monday 16th January, 2017 - Synergy FX Forex Market News The new trading week has started with a 1.5% drop in the GBP/USD, down to a 3-month low of 1.1985. Most of the trade action has been centered on a weekend report where media outlets suggest UK PM Theresa May will signa...
Synergy FX Forex Market News The new trading week has started with a 1.5% drop in the GBP/USD, down to a 3-month low of 1.1985. Most of the trade action has been centered on a weekend report where media outlets suggest UK PM Theresa May will signal the intention of a “Hard” Brexit in her official speech tomorrow. If the...Continue reading
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Wage Growth Underpins USD Bid | Monday 9th January, 2017 - Synergy FX Forex Market News Friday's US Non-Farm Payroll (NFP) report perfectly illustrated the changing dynamic in the US Labor market, and how the forward data could influence this year's FOMC's interest rate trajectory. Economists were look...
Synergy FX Forex Market News Friday’s US Non-Farm Payroll (NFP) report perfectly illustrated the changing dynamic in the US Labor market, and how the forward data could influence this year’s FOMC’s interest rate trajectory. Economists were looking for job growth to fall to 175,000 but the headline number printed 156,000. The unemployment rate rose to 4.7% from 4.6%, which was...Continue reading
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US Non Farm Payroll Report - Synergy FX Forex Market News As we return to work after the festive season, tomorrow we have our first major economic data release of 2017, the US Non-Farm Payroll report. This will be released at 13:30 GMT and the Bloomberg survey has a consensu...
Synergy FX Forex Market News As we return to work after the festive season, tomorrow we have our first major economic data release of 2017, the US Non-Farm Payroll report. This will be released at 13:30 GMT and the Bloomberg survey has a consensus of 175k, the prior release was 178k. The Unemployment Rate, Labor Force Participation Rate and Average...Continue reading
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Euro Spikes Higher During Asian Crossover | Friday 30th December, 2016 - Synergy FX Forex Market News During today's switch over from the NY to Tokyo time frames, the EUR/USD spiked close to 200 points higher before sellers came in to cap it just below 1.0660.   An early rumour for the move was the announcement by U...
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Greenback Is Mixed As Markets Thin Before Christmas | Friday 23rd December, 2016 - Synergy FX Forex Market News Capital flows in global financial markets are starting to thin in front of the Christmas holiday this weekend. In broad terms, G-7 equities are lower, bond yields are higher and the US Dollar is mixed against the major...
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Dot Plots Extend The US Dollar Rally | Friday 16th December, 2016 - Synergy FX Forex Market News The US Dollar Index has rallied to its strongest level in more than 13 years as the market continues to digest the ramifications of the FED's more aggressive interest rate policy trajectory. Financial markets weren...
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The Market Tunes-In For Retail Sales | Friday 13th January, 2017 - Synergy FX Forex Market News The consolidation phase in the US Dollar, which began in the last week of 2016, has continued into the second week of 2017. With just over a week until the new administration takes office, investors were disappointed t...
Synergy FX Forex Market News The consolidation phase in the US Dollar, which began in the last week of 2016, has continued into the second week of 2017. With just over a week until the new administration takes office, investors were disappointed that Mr Trump wasn’t spending more time outlining the detail and scope of the proposed infrastructure plans which carried...Continue reading
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Non-Farm Payroll Preview | Friday 6th January, 2017 - Synergy FX Forex Market News As Dealers and Investors brush off the holiday rust and trading volumes rise back to normal levels, the US will announce the December Non-Farm Payroll (NFP) data today. With the ADP Non-Farm employment change printing ...
Synergy FX Forex Market News As Dealers and Investors brush off the holiday rust and trading volumes rise back to normal levels, the US will announce the December Non-Farm Payroll (NFP) data today. With the ADP Non-Farm employment change printing at 153,000, on expectations of 171, 000, the US Dollar is slipping lower into the 8:30 am NY time announcement....Continue reading
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Technical Levels Will Dominate Early 2017 Trade | Tuesday 3rd January, 2016 - Synergy FX Forex Market News The technical picture in the USD, which has been advancing during most of Q4 2016, has been deteriorating over the last week of the year. Even though the holiday-thinned market conditions may have triggered exaggerated p...
Synergy FX Forex Market News The technical picture in the USD, which has been advancing during most of Q4 2016, has been deteriorating over the last week of the year. Even though the holiday-thinned market conditions may have triggered exaggerated price moves, like the EUR/USD on Friday, it’s now likely that the corrective phase is set to continue. On the...Continue reading
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US Assets Remain Bid in Thin Trade | Wednesday 28th December, 2016 - Synergy FX Forex Market News   With Australia, New Zealand and the UK still out for Boxing Day holiday, it was a pretty quiet session in the global capital markets. The USD traded higher against all of the major crosses except the EURO and...
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Strong Trends Into Year End | Synergy FX Forex Market News - Synergy FX Forex Market News   Political events and Central Bank policy moves have been driving global financial markets over the last two months. During this time, direct influence from weekly economic data seems to have diminished. With ...
Synergy FX Forex Market News Political events and Central Bank policy moves have been driving global financial markets over the last two months. During this time, direct influence from weekly economic data seems to have diminished. With dealing desks starting to thin and investors looking to the holidays, this is likely to remain the case over the next two weeks....Continue reading
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How Will The FOMC Drive The Dollar? | Wednesday 14th December, 2016 - Synergy FX Forex Market News The long awaited December FOMC meeting has finally arrived; and investors will be focused on how another round of rate normalization off the zero-bound will impact US and Global financial markets. The last time the U...
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