Tag Archives: GBP/USD

Euro Down 83 Pips On The Day as Post-QEX Rally Stalls

The EUR/USD pair is trading down 83 pips on the day as the stimulus induced risk on rally starts to stall. The pair has been slowly drifting lower all day, going from its open at 1.3116 to 1.3033, where its trading at the moment. No major news were reported during the day but we had several important news releases that we will cover below. The German ZEW Economic Sentiment survey came in...

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September 18, 2012 @ 5:47 pm

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Euro Shorts Decrease, Canadian Dollar Longs Increase by 53% – COT Report

According to the latest Commitments of Traders report, last week the Net Euro short position declined from -102,306 contracts to -93,658 contracts. This reduction in the euro shorts coincides with the rally the Euro had versus the dollar in the previous week. From the date of the last COT report on September 4 to this week's last day for which data is collected, Tuesday September 11, the Euro...

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September 15, 2012 @ 12:42 pm

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Markets Continue Post QEX Rally for Second Day – EUR/JPY +280 Pips

Almost 24 hours after the FOMC's latest monetary policy decision, QEX, markets continue their risk on rally. In the forex market, the biggest winner among the majors today was the EUR/JPY. The pair is up 189 pips today, after opening the day at 100.63 its trading at 102.52 at the moment. The EUR/JPY was trading at 99.72 before the Fed's QEX decision, the pair is up 280 pips in less then a day...

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September 14, 2012 @ 5:51 pm

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Markets Continue Post QEX Rally for Second Day – EUR/JPY +280 Pips

Almost 24 hours after the FOMC's latest monetary policy decision, QEX, markets continue their risk on rally. In the forex market, the biggest winner among the majors today was the EUR/JPY. The pair is up 189 pips today, after opening the day at 100.63 its trading at 102.52 at the moment. The EUR/JPY was trading at 99.72 before the Fed's QEX decision, the pair is up 280 pips in less then a day...

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September 14, 2012 @ 5:51 pm

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