Aussie Soft Ahead of CPI Inflation  The Australian dollar is getting battered in the London session. From a daily high of 0.7133, it has dropped to a rate near 71 cents against the buck. Fear of missing CPI inflation seems to be affecting market participants as this could change RBA’s policy language in their next
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   •  A modest pickup in the USD demand prompts some fresh selling on Tuesday.   •  A slight deterioration in risk sentiment further drives flow away from the Kiwi.   •  Traders now eye second-tier US economic data for some short-term impetus. The NZD/USD pair remained under some selling pressure through the mid-European session and is
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The DAX index has started the week with slight losses. On Tuesday, the DAX is at 12,193, down 0.23% on the day. In economic news, there is only one event on the schedule. The eurozone releases consumer confidence, which is projected to remain unchanged at -7 points for a third straight month. On Wednesday, Gemany
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Brexit Cross-Party Talks To Accelerate Theresa May is going to accelerate cross-party Brexit talks this week as MPs come back from a long Easter holiday break. The UK’s prime minister will step-up negotiations with Labour in a bid to strike a compromise as soon a possible. Cabinet ministers presented a rosy picture when asked about
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Not much has happened over the Easter break in the UK ForexLive The government is continuing to hold talks with the Labour party but as it stands, they don’t seem to be making any real progress with regards to breaking the current Brexit impasse. And it sure doesn’t look like things can or will get
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
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