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Buz Investors Oil Shorts I had a lighthearted conversation with a colleague not so long ago, asking if they feel they might have an irrational bias toward shorting oil, simply because the flow on effect will mean cheaper petrol when they go to fill up their cars later on. Energy 

Oil Shorts in Play or an Irrational Bias for Cheap Petrol?

Oil Shorts in Play or an Irrational Bias for Cheap Petrol? Buz Investors Oil Shorts I had a lighthearted conversation with a colleague not so long ago, asking if they feel they might have an irrational bias toward shorting oil, simply because the flow on effect will mean cheaper petrol when they go to fill up their cars later on. I honestly feel I might have this! Am I alone here? Surely not. Well, now we’ve got that little disclaimer out of the way, lets have a look at some…

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Buz Investors EURUSD Marginally Higher A very light economic calendar and some easing political concerns are resulting in a modest gain in EUR/USD in today’s trading. The pair is currently at 1.0619, up 0.10% over Friday’s close. Forex News 

$EURUSD returns to the neutral bias

EURUSD returns to the neutral bias EURUSD Buz Investors neutral bias This morning at 10:40 GMT, the EUR is trading at 1.0590 against the USD, 0.1% higher from the New York close. In economic news, data indicated that French consumer confidence index remained steady in February. This morning, the pair traded at a high of 1.0603 and a low of 1.0568. The Euro traded 0.14% higher against the US Dollar in the New York session yesterday, with the pair closing the session at 1.0579. The pair is expected to its…

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USDCHF Clawing Back Following Monday’s Break Forex News 

$USDCHF positive bias unchanged

USDCHF positive bias unchanged USDCHF Buz Investors USDCHF positive bias The US Dollar is trading at 1.0094 against the Swiss Franc at 10:40 GMT this morning, 0.39% higher from the New York close. With no economic releases in Switzerland today, investors will look forward to global events for further direction. The pair traded at a high of 1.0097 and a low of 1.0053 this morning. Yesterday, the USD traded 0.17% higher against the CHF in the New York session and ended at 1.0055. The pair is expected to its find…

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USDCHF hanging on the Edge of the ledge Forex News 

USDCHF bias is turned neutral

USDCHF bias is turned neutral USD-CHF Buz Investors USDCHF bias is turned neutral The US Dollar is trading at 1.0098 against the Swiss Franc at 10:40 GMT this morning, marginally higher from the New York close. Looking ahead, investors’ will eye Switzerland’s trade balance figures, scheduled to release tomorrow. The pair traded at a high of 1.0116 and a low of 1.0072 this morning. On Friday, the USD traded 0.3% higher against the CHF in the New York session and ended at 1.0094. The pair is expected to its find…

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USDJPY short term Outlook and tiers to recognize ahead US NFPs Forex News 

USDJPY Upward Bias On Manufacturing Stats

USDJPY Upward Bias On Manufacturing Stats USD-JPY Buz Traders Take Note USDJPY Upward Bias At 09:40 GMT, the pair is trading at 101.38, with the US Dollar trading slightly higher against Yen from the New York close. Earlier today, data showed that Japan’s final Nikkei manufacturing PMI rose in September. The USD hit a high of 101.61 and a low of 101.19 against the JPY during the session. On Friday, the US Dollar traded 0.17% higher against the Yen in the New York session and ended at 101.36. Immediate downside, the first…

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USDJPY short term Outlook and tiers to recognize ahead US NFPs Forex News 

USDJPY Neutral bias, likely limited by 104.00

USDJPY Neutral bias, likely limited by 104.00 USD-JPY Buz Traders Are waiting watching USDJPY Neutral bias This morning, at 09:40 GMT, the US Dollar is trading at 102.39 against the Yen, marginally higher from the New York close. During the session, the pair traded at a high of 102.61 and a low of 101.92. Yesterday, the US Dollar traded 0.4% lower against the Yen in the New York session and ended at 102.34. The pair is expected to its find support at 101.88 and its first resistance at 102.93. USDJPY Neutral…

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USDCHF sets as much as Dip lower On Its way Up Forex News 

Intraday bias in USDCHF remains mildly upside for upper side

Intraday bias in USDCHF remains mildly upside for upper side USD-CHF The USD is trading at 0.9659 against the CHF at 09:40 GMT, 0.25% lower from the New York close. Amid no economic releases in Switzerland today, investor sentiment would be governed by global events. During the session, the pair traded at a high of 0.9686 and a low of 0.9644. Yesterday, the US Dollar traded 0.28% higher against the Swiss Franc in the New York session and ended at 0.9683. The pair is expected to its find support at…

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USDCHF sets as much as Dip lower On Its way Up Forex News 

USDCHF Intraday bias Swiss Franc stays neutral

USDCHF Intraday bias Swiss Franc stays neutral USD-CHF Consolidating with a Lack of Directional Bias USD-CHF Swiss Franc stays neutral The US Dollar is trading at 0.9740 against the Swiss Franc at 09:40 GMT this morning, marginally lower from the New York close. On the data front, Switzerland’s producer and import price index fell less than expected on a monthly basis in July. The pair traded at a high of 0.9758 and a low of 0.9735 this morning. On Friday, the USD traded 0.32% higher against the CHF in the New…

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Chile Central Bank Holds Key Rate, Removes Tightening Bias Forex News 

Chile Central Bank Holds Key Rate, Removes Tightening Bias

Chile Central Bank Holds Key Rate, Removes Tightening Bias Chile’s central bank left its key interest rate unchanged for the eighth consecutive month and removed its tightening bias as inflation fell within its target range and economists forecast the first economic contraction in six years. Policy makers, led by bank President Rodrigo Vergara, kept the key rate at 3.5 percent on Thursday, as forecast by all 26 analysts surveyed by Bloomberg. In a statement accompanying the decision, the central bank removed wording that referred to the potential normalization of rates…

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U.S. Dollar Trades With Small Upside Bias Amid PMI Reports Market News 

U.S. Dollar Trades With Small Upside Bias Amid PMI Reports

U.S. Dollar Trades With Small Upside Bias Amid PMI Reports U.S. Dollar The eurozone manufacturing PMI stood at 52 in July. This is a touch better than the flash reading (51.9) but slower than the 52.8 in June. The improvement seemed to stem from Germany, where the final reading was 53.8 rather than the 53.7 flash and the 54.5 in June, which was a two-year high. France was unchanged from the flash reading for 48.6, compared with 48.3 in June. It is the fifth month below 50. Spain and Italy…

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