EUR/USD LIKELY TO CONTINUE MOVING LOWER, TARGETING 0.95 IN 12 MONTHS – DANSKE BANK

According to analysts from Danske Bank, the US dollar will continue to move higher versus the…

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Dollar looks to exert more control again ahead of European trading

The plunge in the dollar yesterday came after a rather abysmal US services PMI reading in which if…

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A rather empty calendar day beckons in Europe

The dollar was pushed lower after an appalling US services PMI reading yesterday but is looking to…

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PMI data to cement euro’s trip below parity

Well, it is official. EUR/USD closed below parity yesterday as price fell to its lowest since…

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FX Majors Weekly Outlook (8-12 August)

We finished the last week with a negative catalyst for risk coming from the US labour…

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Germany June factory orders -0.4% vs -0.8% m/m expected

Prior +0.1%; revised to -0.2% German industrial orders were seen softer in June, though not as…

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Morgan Stanley Sees Potential for Swiss Franc to Strengthen

The bank recommends selling the euro against the franc and buying the franc against the yen.…

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