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Technical Forex News

USD/JPY flirting with 102.00

The bid tone surrounding the greenback is now lifting the USD/JPY back to the boundaries of the 102.00 handle on Tuesday. A generalized better sentiment towards the risk appetite plus softer than expected labour market figures is collaborating with the JPY weakness today, allowing spot to reach the vicinity of 102.00...

Majors

GBP/USD slips to 1.6950

The sterling continues to deflate on Tuesday, now dragging the GBP/USD to the mid-1.6900s, levels...

Currencies

EUR/GBP stuck in 0.79 gate

EUR/GBP opened the day at 0.7912, and shyly edged higher adding several pips.

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Fundamental News

S&P affirms ratings on Australia at ‘AAA/A−1+

S&P rating agency notes that Australia benefits from monetary, fiscal policy stability, adding that real per capita GDP growth is set to average 2.9% 2014-17, and that Australia has the ability to absorb economic and financial shocks...

Fonterra announces milk pay−out price of NZ$6/kg

Fonterra just announced its milk pay-out price to farmers for the 2014/2015 season, coming at NZ$6/kg....

Central Banks

BoE's Broadbent: Pickup in global growth would strengthen UK recovery

BoE Deputy Governor Ben Broadbent said on Tuesday in London that a strengthening of global growth...

Equities

European markets mixed, earnings boost FTSE 100

European stocks were from little changed to slightly lower Tuesday with the main exception of the...

Commodities

Gold lacking direction yet carries a bearish bias − TDS

Analysts at TD Securities explained that a sustained move outside of the recent range parameters is...