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Global FX Insights

Are things really that great?

Next 24 hours: Profit taking kicks in on EUR, GBP longs

Today’s report: Are things really that great?

We come into the new week with the market feeling great about Friday’s much better than expected jobs report out of the US. Stocks have once again extended their run, after an already impressive jump on Friday, while currencies remain bid against the US Dollar for the most part.   read report

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Wake-up call

Special report: US jobs report preview

Today’s report: Stocks up, Bitcoin on fire, US Dollar down

We’ve seen a fresh wave of demand for stocks, along with some accompanying downside pressure in the US Dollar as we come into the weekly close. It’s worth noting, trading in Europe could be a little thinner, with the UK out for the May Day holiday.   read report

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Wake-up call

Still not over that hump

Next 24 hours: Optimism is a hard sell these days

Today’s report: Still not over that hump

We’re running towards end of week holiday trade and the market will be looking for some sense of stability heading into the break. We have seen some encouraging signs with respect to the coronavirus outlook, though at the same time, it doesn’t appear as though we are over the hump just yet.   read report

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Wake-up call

How much can risk markets take?

Next 24 hours: Euro hit on softer Wednesday data

Today’s report: How much can risk markets take?

Financial markets are definitely sensitive to the tension between the US and Iran, with US equity futures dumping in early Wednesday trade on the news of Iran’s ballistic missile strikes on US troops in Iraq. Follow up reports have since downplayed fallout from the attack and the market has recovered.   read report

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Wake-up call

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