Monthly Archives: January 2016

AUD/USD breaks above 0.7100, hits 3-week highs

AUD/USD breaks above 0.7100, hits 3-week highs

FXStreet (Córdoba) – AUD/USD shot higher and rose above the 61.8% Fibo retracement of its 2016 fall toward fresh 3-week highs, underpinned by a weaker US dollar and wave of optimism across financial markets.The dollar weakened following a quite disappointing US durable goods orders report. MeanwhilSee Original Article

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GBP rallied in response to expected Q4 GDP – BBH

FXStreet (Delhi) – Research Team at BBH, notes that the sterling rallied in response, it appears, to an as expected Q4 GDP print. Key Quotes“The 0.5% expansion compares with 0.4% in Q3. Although many, like us, feared the UK economy lost momentum in the second half of last year, it is not to beSee Original Article

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