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EUR/USD:    Over the course of Monday’s segment the US dollar lost ground against all G10 rivals, with the DXY slipping back beneath 89.50 as a result. It appears weekend developments in Syria sparked a selloff in USD-related assets. Thanks to yesterday’s advance, the single currency is currently lurking just south of the 1.24 handle … Continue reading Tuesday 17th April: Slew of economic data out of the UK, Europe and US today – volatile moves expected!

Global Markets: Asian Stock Markets : Nikkei up 0.22%, Shanghai Composite down 1.61%, Hang Seng down 1.74%, ASX up 0.19% Commodities : Gold at $1349.10 (+0.09%), Silver at $16.64 (-0.11%), WTI Oil at $71.83 (-1.03%), Brent Oil at $66.78 (-0.91%) Rates : US 10-year yield at 2.834, UK 10-year yield at 1.428, Germany 10-year yield … Continue reading Monday 16th April: Asian markets mixed; Syria does not tank markets

EUR/USD:    Weekly gain/loss: +0.38% Weekly closing price: 1.2329 Molded in the shape of a strong bearish base back in late 2014, the weekly supply zone seen at 1.2569-1.2287 has managed to cap upside activity since late January. In the event that sellers eventually regain consciousness, downside targets fall in around the weekly support band … Continue reading Monday 16th April: Weekly technical outlook and review