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Equity indices across Europe have put in mixed performances today, and the thin economic calendar meant markets lacked fundamental data to guide currency trends during the session. The USD has been on a round trip as selling pressure prevailed in the European morning, but once US desks opened up, the...

Global yields swooned in response to the potential collapse of China from a miniscule measure aimed at tightening its monetary policy setting. Of course the perception that it is a downturn in Chinese growth prospects is the driver here is misguided. Indeed it's the strength of growth marking the success...

In currency trading, several factors helped the dollar to recover from session lows against European pairs. EUR/USD traded at 1.4580 before marginally retracing towards the 1.4430 area after German Economy Minister Bruederle commented that Germany was not experiencing a self-sustaining economic recovery at the moment and the Greek PM addressed...

As I had expected, the EURUSD continued it's bullish momentum yesterday, hit my long target at 1.4590, topped at 1.4599 and closed at 1.4563. On my h1 chart below we can see that the bullish momentum was driven by breakouts while price forming a bullish channel (blue). The outlook remains...