Fxwirepro: Aud/usd Bears Resume Again at Stiff Resistance But supported at 7-Dma ahead of Fomc Hiking Hopes &#150 Double

The attempts of this pair have consistently been restrained at the stiff resistance of 0.7761, Failure swings at resistance have evidenced declines below SMAs & currently tested supports at 0.7439 levels and any breaks below supports would drag the slumps upto 0.7305 levels on bearish SMA crossover (refer weekly chart). On daily terms, the rallies constantly ...

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Pound Drops Against Majors

The British pound weakened against the other major currencies in the Asian session on Wednesday. The pound dropped to 2-day lows of 1.2640 against the U.S. dollar and 1.2787 against the Swiss franc, from yesterday’s closing quotes of 1.2657 and 1.2807, respectively. Against the euro and the yen, the pound ...

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BoJ Tankan: Large Manufacturers' Index Steady At +10 In Q4

An index monitoring business sentiment in Japan was unchanged in the fourth quarter of 2016, the Bank of Japan said on Wednesday in its quarterly Tankan business survey. The large manufacturers’ index came in with a score of +10, in line with expectations and up from +6 in the previous ...

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BoJ Tankan Survey On Tap For Wednesday

The Bank of Japan will on Wednesday release its quarterly Tankan Survey of business sentiment, highlighting a modest day for Asia-Pacific economic activity. The large manufacturers’ index is expected to show a score of 10, up from 6 in the previous three months – while the outlook is called at ...

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Treasuries Close Nearly Flat Ahead Of Fed Announcement

Treasuries showed a lack of direction over the course of the trading session on Tuesday before ending the day roughly flat. After seeing early strength, bond prices pulled back near the unchanged line. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, inched up by ...

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