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GBP/USD retakes1.2500 and above, USD deflates

After bottoming out in the vicinity o f 1.2460 in early trade, GBP/USD has managed to gather some traction and recovered the 1.250 handle and beyond. GBP/USD in 2-day lows, looks to May’s speech The pair has deflated from the 1.2670 region seen last Friday

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Europe: Anti-establishment fears rising – AmpGFX

Greg Gibbs, Director at Amplifying Global FX Capital, suggests that the anti-establishment trend in global politics has become a bigger influence on financial markets with the Trump victory building on the Brexit vote and leaving investors with a heightened fear that the Italian PM Renzi

ten new zealand dollar with coins

NZD/USD off-monthly lows, but capped by 0.7100

The NZD/USD pair extends its struggle to regain 0.71 handle in the mid-European session, although remains supported near 200-DMA support located at 0.7081. NZD/USD resilient to broad USD strength Currently, the NZD/USD pair drops -0.33% to 0.7096, unable to chew the offers placed at 0.71

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Copper resumes rally, despite stronger USD, weak China data

Copper futures on Comex staged a solid comeback from Friday’s sharp U-turn and resumed its ongoing uptrend on Monday, almost ignoring persistent broad based US dollar strength and weaker-than expected Chinese industrial production and retail sales data. The Chinese October Industrial Production came in at 6.1%

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4 Major U.K. Economic Events to Trade This Week

Sterling was the star of the forex show last week and could continue to stay in the spotlight with these major catalysts lined up. Read up on what each event is all about, what’s expected, and how the pound could react. 1. CPI readings (Nov. 15,