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AUDUSD Jumps on Upbeat Australia Labor Data

AUDUSD Jumps on Upbeat Australia Labor DataIndependent Analyst: Thibault MoirezDate: 24 January 2020The Aussie dollar traded higher on Thursday on the back of stronger than expected jobs report in Australia. The pair started the day at 0.68439 and rose to 0.6877 following the announcement in the news. The Australian Bureau of Statistics published a large increase in news jobs in December of...

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The Australian Recession will not Change Due to the Latest Announcement of the Ideal Unemployment Rate, the Australian Dollar can not be Blindly Optimistic

The Australian Recession will not Change Due to the Latest Announcement of the Ideal Unemployment Rate, the Australian Dollar can not be Blindly OptimisticIndependent Analyst: Zhen QuanXiDate: 24 January 2020Yesterday's latest Australian unemployment rate in December was better than the previous value and market expectations. It was slightly lower from 5.2% of the previous value and market...

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Ignoring the Sudden Surge in GBPUSD Yesterday

Ignoring the Sudden Surge in GBPUSD Yesterday, Bank of England Interest Rate Resolution Before the 30th is Selling the Pound HighIndependent Analyst: Zhen QuanXiDate: 23 January 2020Wednesday (22/1) the pound suddenly surges 100 points in the Europe market, because there’s another changes in the forecast of Bank of England interest rate cut this month, CBI figures showed that the optimist...

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Is the Pound of the Woods?

Is the Pound of the Woods?Independent Analyst: Thibault MoirezDate: 23 January 2020The British pound was up in mid-week trading as the GBPUSD extended its gains for a third consecutive day. The pair managed to break through its 2-week high setting a new top around 1.31 after a slight dip early in the session. Strong UK manufacturing figures boosted the appeal of the pound, as the US dollar...

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AUDUSD

AUDUSDIndependent Analyst: Thibault MoirezDate: 22 January 2020Australia has been hit by severe bushfires in the past weeks which are starting to take its toll on the Australian economy. The government recently announced a 2 billion AUD relief package to aid the businesses impacted by the fires, mostly in agricultural sector. In tandem with the relief package, the Reserve Bank of Australia...

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