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Market Updates

EncoreFX’s daily market updates are written by our experienced and professional currency market team.

Positivity permeates markets

By Rhys Miles   Another week and another change in mood for the global markets. US Non-farm payrolls on Friday…

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USD runs out of steam

Author : Brett Gordon The USD retreated against a basket of currencies on weak data out of the US.  The US trade deficit tumbled 7.6%…

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Aussie holds gains for now as USD weakens again

Author Steve Oram The Aussie dollar pulled back a little from 3 week highs after the GDP data disappointed, increasing speculation…

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Trade Deal Fades as Trump Signals Delay

Author Steve Oram The Aussie dollar opens higher against the USD this morning, having reached a 3 week peak on…

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Aussie higher on weaker US Data

Author Steve Oram A roller coaster ride for the Aussie in the last 24 hours, disappointing local data was offset…

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After a lacklustre period last week, will the lack of volatilty end this week ?

Author Steve Oram A very slow week saw AUD stick to very tight ranges, last week was particularly unique, with…

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A quiet day ahead

Author – Rhys Miles   A sequence of well timed media releases from both the US and China allayed some…

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Trade optimism unwinds

Author – Rhys Miles It was inevitable after weeks of positivity surrounding US/China trade talks that optimism would start to…

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Markets digest RBA minutes

Author – Rhys Miles   The release of the RBA’s minutes yesterday spooked the market revealing how close they came…

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A flat day ahead

By Rhys Miles As alluded to yesterday, in a data bereft week, direction or lack thereof will be driven by…

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