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Eamonn Sheridan

NZD/USD up a few ticks after the surging inflation report

New Zealand inflation data blew out expectations:See that post for more info on the report. It keeps further Reserve Bank of New Zealand rate hikes firmly on track. The next meeting is November...

Goldman Sachs bearish EUR/USD to year end: risks are probably still skewed to the downside

This via the folks at eFX. For bank trade ideas, check out eFX Plus. For a limited time, get a 7 day free trial, basic for $79 per month and premium at $109 per month. Get it here. Goldman Sachs...

USD/JPY above 149 – verbal intervention, at least, is coming for sure today from Japan

Put your motorcycle helmets on for more jawboning out of Japan today. Yesterday the verbals got a bit stronger:ps. there are links in this post to more info on what keywords and phrases...

AUD traders heads up – widespread flood damage in Australia

There is ongoing flooding in Australia, particularly in the southern state of Victoria. I'm posting this in case media headlines grab the attention of AUD traders. Victoria is Australia's second-most populous state and...

ForexLive Asia-Pacific FX news wrap: GBP gapped higher

China says it'll be further increasing its reserve capacities for key commoditiesWall Street Journal says the PBoC has signaled an on hold rate decision this weekThe key takeaways from Chinese President Xi Jinping's...

GBP has had a big Monday so far, nudging 1.1250

<p>Leading into the weekend UK PM Truss fired former Chancelloer Kwasi Kwarteng, replacing him with Jeremy hunt. </p><p>As for policy, the corporation tax will rise to 25% from April next year instead of...

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