Clemens
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China’s GDP beats forecast, Aussie shrugs
The Australian dollar has edged lower on Friday. In the European session, AUD/USD is trading at 0.6198, down 0.22% at the time of writing. Will strong China numbers boost the Aussie? There was good news out of China on Friday, highlighted by GDP which was stronger than expected. The economy expanded
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JPY: BoJ hike speculation continues to build – ING
Another day and another set of source stories ahead of next week's Bank of Japan meeting, ING’s FX analyst Chris Turner notes. Dips may exhaust in the 153/155 area“Today it was Bloomberg reporting that several officials felt a hike was likely. ING's economist covering Japan, Min Joo Kang, has been h
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Oil market outlook from IEA and OPEC are due – ING
It’s a fairly busy day for energy markets. IEA and OPEC will release their monthly oil market reports with outlooks for the oil market, ING's commodity analysts Warren Patterson and Ewa Manthey note. IEA and OPEC to release monthly oil market reports"Both the IEA and OPEC will release their monthly
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Nonfarm Payrolls forecast: US December job gains set to decline sharply from November
US Nonfarm Payrolls are expected to rise by 160K in December after jumping by 227K in November. The United States Bureau of Labor Statistics will release the labor data on Friday at 13:30 GMT. US jobs data is set to rock the US Dollar after hawkish Fed Minutes published on Wednesday. The highly anti
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GBP/USD taps new 14-month low as NFP watch begins
GBP/USD sank to its lowest bids in over a year on Thursday. Markets are coiling ahead of another NFP Friday data dump. Pound-Dollar rate differential may widen further, weakening Cable even more. GBP/USD tapped a fresh 14-month low on Thursday as the Pound Sterling rolls over further against the Gre
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