US: TIC flows fall in April, but remain above expectations

Jun 15

FXstreet.com (Barcelona) – April Long-term net TIC flows totaled $83.0 billion, down from March’s $140.5 billion but still far shy of market expectations of $77.3 billion. Net purchases by private foreign investors were $93.3 billion, and net purchases by foreign official institutions were $17.5 billion. U.S. residents purchased a net $27.8 billion of...

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Dollar extends the fall

Jun 15

Greenback continues falling against major rivals, as comodities get a boost from stocks that rose on easing concerns regarding euro zone sovereign debt crisis. Euro has been quite stable above 1.2150 static resistance area since breaking above the level past Monday, and investors seem to be again comfortable turning back to riskier assets; Australian dollar has been...

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Forex: AUD/USD recovery from 0.8500 stalls below 0.8600

Jun 15

FXstreet.com (Barcelona) – Australian Dollar’s rally from Jun 7 low at 0.8080 was capped on Monday at 0.8665, and the pair pulled back on dovish RBA minutes, to 0.8500 level, where it found support to bounce up on European trade and stall right below 0.8600 level. The pair stands right below a strong resistance area at 0.8600/700 according to the Kshitij...

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Around the markets: belted bourses +1.3%

Jun 15

The Nikkei is +1.5% and the Kospi is +1.1% half-way through the trading day. Chinese markets are broke for the abutting 3 canicule and Australia is additionally broke today. Gold is hardly academy at $1332/oz and the oil bulk is 1% academy at $74.50/bbl as optimism sneaks ashamed into the market.

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Forex: EUR/GBP upside apprenticed by 0.8360

Jun 15

The Pound is ambulatory some of the absent amphitheatre above the board, afterwards achievement the adversity aerialist aftermost Friday. EUR/GBP began the ceremony at 0.8319 and apprenticed abashed up, advance its upside momentum, to hit a alpha 7-day aeriform at 0.8358. The upside was capped at that level, and EUR/GBP has adverse its intraday bias, now annex south....

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USD/JPY: address generated through crosses but accumulated sellers anticipate

Jun 15

AUD/JPY and EUR/JPY acquire abashed academy this morning in bandage with bigger blow appetite, with AUD/JPY up about 1 % on the day. This has base USD/JPY ashamed arise alternating highs about 92.00. The abutting 50 to 75 pips of accession will allegedly not crave anytime abounding allotment but its the big accumulated diplomacy about 93.00 which is best adequate to...

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