Crosses

The euro loses strength after failing to break 0.8550. EUR / GBP on its way to close the week unchanged, but weak. The EUR / GBP erased the gains and is aiming to test the day's lows which are around 0.8520. Hours ago,…
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USD / TRY extends higher and breaks above 8.6000. Turkey's year-end CPI forecast was 16.74%. Lire losses continue to advance ahead of the CBRT event. The Turkish lira depreciates further and pushes the USD/TRY to new…
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EUR / JPY fell to the 128.60 zone on Thursday. Rising US yields push the dollar higher, force the yen down. US retail sales surprised to the upside in August. After bottoming at new lows around 128.60, the EUR/JPY now…
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The pound remains strong against the euro after data from the United Kingdom and a change of cabinet. EUR / GBP is breaking down weekly range. The EUR / GBP is falling for the second day in a row, with the peculiarity…
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EUR / JPY is sinking well below 130.00. The higher demand for the Japanese yen weighs on the cross. Yields on US 10-year bonds fall to weekly lows close to 1.26%. Improving sentiment in the Japanese safe haven forces…
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EUR / JPY does not stop the decline, even despite positive data from the Eurozone. USD / JPY crash continues to propel the Japanese currency. EUR / JPY is falling for the second day in a row on Wednesday, as the yen…
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USD / TRY loses ground and tests the 8.4300 region. Turkey's retail sales grew 0.7% yoy, up 12.3% yoy in July. The markets' attention gradually shifts to the CBRT meeting. The Turkish lira is appreciated even more and…
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EUR / JPY loses ground and tests lows near 129.60. Further weakness could prompt a retest of the 200-day SMA. The markets' attention now turns to the US CPI (Tuesday). Continued bullish sentiment around the dollar…
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The euro is under pressure at the start of the week. EUR / GBP continues to decline and is approaching a critical level of 0.8500. The EUR / GBP is falling for the fourth day in a row on Monday and reached 0.8514, the…
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"The fact that the Bank of England outperformed the ECB in terms of normalization of policy has motivated our expectations that the EUR / GBP could move towards 0.84 by the end of the year," said analysts at Rabobank.…
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