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BabyPips
1,584 followers -
The beginner's guide to forex trading.
The beginner's guide to forex trading.

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The yen and the Swissy, which are both considered as safe-haven currencies, were the worst-performing currencies of the session, very likely because of the risk-on vibes.

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Will comdolls lose out to the dollar this week? Here’s what Happy Pip looking at on AUD/USD, USD/CAD, and NZD/USD’s charts!

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The cool shade of the hills above Lisbon will offer leading central bankers an escape from the summer heat in the coming week, but there is little they can do to get away from their differing monetary policy conundrums.

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The forex trading week has come and gone. Time to take a look at what was driving forex price action. Were you able to profit from any of this week’s top movers?

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The European session was plagued by another round of tight trading conditions, with most currency pairs bound in tight ranges for the entire duration of the session.

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The RBNZ announced that it kept the OCR unchanged at a record low 1.75% as expected. And while there was no press conference, there was enough meat on the RBNZ’s official press statement for forex traders to chew on.

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Not much in terms of economic reports or market-moving news during today’s morning London session, so trading conditions were rather tight. However, the session wasn’t a complete slumber party since the Loonie found buyers, very likely because of the recovery in oil prices.

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Volatility and directional movement was limited on most currency pairs. However, the pound was busy busting the moves yet again.

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Howdy, forex friends! If you’re lookin’ to pillage some quick pips from the Loonie or if you just wanna avoid periods of potentially higher volatility, then just know that Canada will be releasing its retail sales report on Thursday (June 22, 12:30 pm GMT) and CPI report this Friday (June 23, 12:30 pm GMT).

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Whattup, forex brothas! Get over your mid-week hump by checkin’ out these hot retracement plays on GBP/USD and CAD/JPY!
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