post5 bullcapitaltrading

EURUSD : Week January 10-14

EURUSD, H4 EURUSD was up +0.55% on Friday on fears the record rise in Eurozone consumer prices will force the ECB to tighten policy sooner than expected. December EZ CPI rose a record +5.0% y/y (data from 2001), stronger than the expected +4.8% y/y. EURUSD also found support after EZ Nov…
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post4 bullcapitaltrading

PBOC sets USD/CNY rate at 6.3653

The People’s Bank of China (PBOC) set the USD/CNY reference rate at 6.3653 on Monday while comparing to the previous fix and the previous close at 6.3742 and 6.3777 respectively. It’s worth noting that the PBOC withdrew the most fund from the market since November in the last week. “China’s…
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post6 bullcapitaltrading

NZD/USD recovered losses

The New Zealand dollar advances some 0.46% as the North American session ends. A risk-off market mood was no excuse for the NZD to gain vs. the USD. NZD/USD Technical Outlook: Downward biased as long as it remains below 0.6859. On Friday, the New Zealand dollar trimmed some of its…
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post7 bullcapitaltrading

AUD/USD volatile, upper in dollar 0.7100s

AUD/USD has been choppy on Friday in wake of a mixed US labour market report. The pair is now trading in the 0.7180s having dipped as low as the 0.7130s. The dollar weakened broadly despite the jobs report spurring upside in yields on Fed tightening expectations. AUD/USD was choppy on…
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