EURO CURRENCY VOLATILITY – TALKING POINTS The EU will hold parliamentary elections starting this Thursday through Sunday. According to the Financial Times latest poll, the European People’s Party coupled with the Progressive Alliance of Socialists and Democrats look set to lose their combined majority. If polls are indicative of future results, EUR price weakness may
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According to Steven Swinford, deputy political editor of The Telegraph, British Prime Minister Theresa May’s office was considering to take the Brexit deal off the table. “Hearing suggestions tonight that there may not need to be any more resignations over the WAB (Withdrawal Agreement Bill). No 10 now seriously considering pulling it in view of extraordinary
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Federal Reserve officials remained firmly committed to a “patient” policy stance at their meeting earlier this month, saying rates likely will remain unchanged well into the future. Minutes from the May 1-2 Federal Open Market Committee meeting also showed that members raised their expectations for full-year economic growth and said that earlier concerns they had
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USD Quiet Ahead of FOMC The US dollar has been a little weaker over the European session on Wednesday as a lack of key data drivers has turned attention elsewhere. Looking ahead today though, we have the release of the FOMC minutes. These could prove to be market moving if they offer any further clue as to
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Estamos ante un día agitado para el euro, con varios datos claves a publicarse durante el día. Los más importantes se relacionan con la economía más grande de la eurozona. Tuvimos una sorpresa positiva con algunos de los datos alemanes recientemente, entonces mañana veremos si se mantiene la situación. Ahora que el mercado ha visto
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Retail sales for March Canada retail sales came in at 1.1% versus 1.2% estimate Ex auto better at 1.7% vs 0.9% estimate The prior month headline number revised higher from 0.8% to 1.0% The prior month ex auto also revised higher from 0.6% to 0.7% sales rose and  7 of 11 sectors representing 39% of
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