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All posts by Matias Salord

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EUR/JPY trims losses after falling to 7-week lows

A stronger yen pushed EUR/JPY to drop to the lowest level in seven weeks earlier today. During the last hours, the pair bounced sharply to the upside and trimmed losses, rising back on top of 128.00.  EUR/JPY rebound: will it be sustainable? Risk aversion sent

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US: Key events and numbers for next week – Danske Bank

 Next week’s key event is the Jackson Hole symposium. Federal Reserve members should not reveal anything dramatic according to analysts from Danske Bank. Economic reports includes Markit PMI.  Key Quotes:  “In the US, the Markit PMIs for both manufacturing and service are due for release.

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USD/CHF under pressure, eyes 0.9600

USD/CHF erased all gains during the American session and currently is testing daily lows near at the 0.9620/25 area. Thea pair is back below key technical levels, facing significant bearish pressure.  USD/CHF reverses near 0.9700, not only on Cohn The pair peaked after the release