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Forexlive Americas FX news wrap 3 Apr: ISM price data & Powell sends USD and yields lowerForexlive Americas FX news wrap 3 Apr: ISM price data & Powell sends USD and yields lower

Major US stock indices close today with mixed resultsUS 10-year yields finish right at 4.35% againTreasury Secretary Yellen: important that US China maintain level economic […]

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New Zealand building permits +14.9% m/m (prior-8.6%)New Zealand building permits +14.9% m/m (prior-8.6%)

Stats NZ add that: the number of new homes consented was higher than any February month between 1975 and 2018Experimental statistics released today indicate that […]

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Australian Services PMI (March, final) 54.4 (prior 53.1)Australian Services PMI (March, final) 54.4 (prior 53.1)

I was lamenting the poor performance of the March manufacturing PMI: Australian March final Manufacturing PMI 47.3 (prior 47.8) No such problem with services, though, […]

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Asian market holidays today – China and Hong Kong are outAsian market holidays today – China and Hong Kong are out

From 4 to 6 April China will be on holidays for Ching Ming Festival: In English, Ching Ming is often referred to as Tomb Sweeping […]

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Fed’s Kugler says her expectations for Fed Funds consistent with March FOMC projectionsFed’s Kugler says her expectations for Fed Funds consistent with March FOMC projections

Federal Reserve Board Governor Adriana Kugler. Headlines via Reuters: My policy rate expectation is consistent with March FOMC meeting policymaker projectionsIf disinflation and labor market […]

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Gold hits US$2300 for the first timeGold hits US$2300 for the first time

Another milestone for gold, touching USD 2300 per ounce Gold is laying its own path. This article was written by Eamonn Sheridan at www.forexlive.com.

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ICYMI – PBOC says it’ll monitor changes in long-term yields during the economic recoveryICYMI – PBOC says it’ll monitor changes in long-term yields during the economic recovery

China’s central bank, the People’s Bank of China, issued a statement yesterday filled with the usual reassurances: pledged to enhance implementation of monetary policies to […]

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More from Fed’s Kugler – sees a lot of jobs created by new businessesMore from Fed’s Kugler – sees a lot of jobs created by new businesses

Federal Reserve Board Governor Adriana Kugler spoke earlier: Fed’s Kugler says her expectations for Fed Funds consistent with March FOMC projections More now: new businesses […]

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Treasury Secretary Yellen: important that US China maintain level economic playing fieldTreasury Secretary Yellen: important that US China maintain level economic playing field

US Treasury Secretary Janet Yellen speaking on China US relations and says: Important that US China maintain level economic playing fieldConcerned about China’s overcapacity fueled […]

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USDJPY remains above 100/200 hour MA & below a solid ceiling as buyers and sellers battleUSDJPY remains above 100/200 hour MA & below a solid ceiling as buyers and sellers battle

In this video, I take a detailed look at the levels in play for the USDJPY as we look toward the US close and the […]

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