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DAX Little Changed As Retail Sales Decline
German stocks were little changed on Thursday after retail sales posted an unexpected decline in February, Data from Destatis revealed that Germany's retail sales decreased 1.9 percent from January, confounding expectations for an increase of 0.3 percent. On a yearly basis, retail sales decreased 2.
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EUR/USD could crack the 1.0800 mark on the Easter weekend – Commerzbank
EUR/USD struggles to gain traction in the second half of the week. Will the easter bunny bring quotes below 1.0800? Economists at Commerzbank analyze the pair’s outlook. Maybe a little tailwind for the Dollar The real data heavyweight is not on the agenda until Good Friday: the deflator for consumer
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Swiss Franc rises after positive survey data
The Swiss Franc gains after the ZEW survey shows Swiss investors are optimistic about the economic outlook. The survey showed an increase in sentiment for the second month in a row. USD/CHF hits a key upside target and rolls over – potentially initiating a pullback. The Swiss Franc (CHF) is trading
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NZD/JPY Price Analysis: Bearish sentiment continues, potential bullish reversal on the horizon
The daily technical analysis reveals a steady bearish momentum but with indicators recovering. The hourly chart hints at initial signs of bullish momentum with the RSI in the positive territory. Despite the bearish short-term indicators, the pair is trading above the main SMAs, indicating a persisti
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EUR/USD: Failure to hold pivot low near 1.0795/1.0760 could mean deeper down move – SocGen
EUR/USD defends 1.0800. Economists at Société Générale analyze the pair’s technical outlook. Crucial support at 1.0795/1.0760 EUR/USD rebound faced interim hurdle near 1.0980 resulting in a gradual pullback. It has dipped below the 200-DMA and is approaching recent pivot low near 1.0795/1.0760 which
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USD/CAD may retest the low 1.3600s – Scotiabank
USD/CAD’s solid rebound from the mid-1.3400 area is extending. Economists at Scotiabank analyze the pair’s outlook. There is little reason to expect gains to stop here There is little reason to expect gains to stop here. Trend momentum readings are edging bullish on the intraday and daily DMI oscill
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German Ifo Business Confidence Improves In March
German business confidence improved in March, reports said citing survey results from the ifo Institute on Friday. The business sentiment index rose more-than-expected to 87.8 in March. The score was forecast to climb to 86.0 from February's initially estimated value of 85.5. Assessment of current s
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Pull-up Update