Jump in UK retail sales adds to rate hike expectations; pound tests $1.36 again Jump in UK retail sales After a notable slowdown at the end of 2016 and start of 2017, British retail sales are showing some signs of recovery, even as consumers continue to feel the pinch from falling real incomes. The volume
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 (European Open) – European equities edge higher; Trump comments largely shrugged off  European equities edge higher In Asian markets, the Nikkei 225 added little after yesterday’s massive gain by nearly 2.0%, rising by 0.05% in today’s trading. Japan’s broader equity gauge, the Topix, was flat at yesterday’s level which constituted the highest the benchmark has
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(Asian Session) – Dollar eases ahead of FOMC decision; oil up after Iraq says to cut oil supply Dollar eases While geopolitical tensions escalated after the US President used stronger language against North Korea at his first speech in front of global leaders at the UN on Tuesday, the dollar showed relatively little reaction slipping near its two-year lows.
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(European Session) – Dollar stays weak on prospect of dovish Fed later  Dollar stays weak The US dollar remained weak ahead of the Federal Reserve’s announcement and the Fed Chair’s press conference later in the session. Traders seemed to be bracing for an on balance dovish message from the Fed, even though the market still
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EURUSD forecast Euro The currency pair EUR/USD continues to move within the framework of growth. At the moment, we should expect an attempt to test the level of 1.2050 and start falling below the level of 1.1650 as part of the development of the «Head and Shoulders» reversal model. In favor of falling quotations EUR/USD is a
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