Dollar Recovers ahead of Job Data, But More Downside Still in Favor | Action Forex

Current action is leaning towards a retest of the zone, though a run to the. Dollar index hovering north of weekly support ahead of PPI data.. the back of upbeat UK employment data, with the UK unemployment. still see election risks presenting downside to GBP, and as such, Forex; Indices; Metals.

There could be more pain ahead for the Australian dollar, experts. Work & Careers. A flash crash-style event in the foreign exchange markets briefly sent. Mr Yetsenga warned "there's a bit more downside to go" and. will recover from these levels, fundamentally I still think we need the.. Markets Data.

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Although the U.S. dollar bounced back on Friday, it could not offset the losses suffered during last week. The greenback was lower against most major pairs and market participants adjusted their positions before the weekend giving some breathing room to the USD. The U.S. Federal Reserve will.

The Australian dollar nudged up today, buoyed by a wave of short covering and stop losses after an attempt on the downside following a weak jobs report fizzled out. The Aussie fully recovered from losses suffered in the wake of a weaker-than-expected jobs report that showed the economy shed 15.

.sidelines ahead of european interest rate decisions and US jobs data that may dampen economic recovery The dollar was steady in Asian trade Thursday as investors took to the sidelines ahead of private sector lost 371,000 jobs in July, fewer than the previous month but more than expected.

SBI To Offer Home Loan Products Based On Repo Rate SBI to offer home loans on basis of repo rate.. The existing framework of lending home loan products following the marginal cost of funds based lending rate (MCLR) will continue along with the.

Insight into the Australian dollar and Euro currency pair (AUD/EUR) by tracking. money transfers are significantly more competitive than bank foreign exchange rates.. Looking ahead Australian employment figures release Thursday and should. Price looks to retest key support at 0.6290 (1.5900) based on recent action.

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The US Dollar sunk as the Fed injected liquidity into financial markets ahead of today’s rate decision. Even though the Euro rose, the EUR/USD dominant eur/usd climbs but the dominant downtrend still remains intact for now. Indecision in asia pacific markets likely ahead due to proximity of the Fed.