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Euro Preview: Will Retail Sales Slow in Brazil?
30European session releases will run thin today, with only a handful of economic announcements slated for the session. The first of which will be German wholesale inflation figures. Germany’s wholesale
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There’s No End In Sight For Gold
30Gold has soared on the session – hitting a brand new record high as US stock markets plummet for the second time in 3 days. Currently trading at $1,797.40, the
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Swiss National Bank Fails To Weaken CHF
30In a not so surprising move, the Swiss National Bank followed up last week’s emergency meeting with an intervention effort last night. Although not targeting the spot market directly, today’s
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Euro Preview: Could The Inflationary Report Sink the GBPUSD?
30Rising consumer prices will be the major theme as both Germany and the UK will release inflationary data later today. Although the Bank of England’s inflationary report will carry more
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Federal Reserve Fails To Support USD Markets
30As expected, the US Federal Reserve opted to keep benchmark rates unchanged at 0.25%. The decision wasn’t without its surprises though. In a move that halted the equity market rally from this
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Swiss Franc Breaks To New All Time Highs On Euro Fears
30For the fourth day in 5, the Swiss franc soared to new all time highs against the US dollar – reaching 0.7378 earlier in the session. And, the Swiss National
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Euro Preview: Will GBP Production Disappoint?
30Traders are bracing for a busy economic release schedule today – although it’s mostly centered around the British pound. But, there are a couple of reports that might clue traders
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Will The United States Be Downgraded By Standard and Poor’s?
30More than likely considering the events of the last couple of months. And, the increased probability isn’t doing anything positive for global financial markets. Since the world’s largest economy was
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Dow Stocks In The Worst Slump Since 2008
30More concerns have risen over a potential downgrade despite the US employment picture improving for the month of July. The sentiment is hitting US equity markets with the benchmark averages now down
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3 Ways The SNB Can Weaken The Swiss Franc
30Here we go again. With USDCHF breaking to new all time record lows, despite SNB intervention efforts on August 3rd, there is now more speculation than ever that central bank
