European stocks turn mixed; London’s FTSE 100 underperforms

European stocks turned mixed on Monday, as markets stabilized following a broad based selloff in stocks and emerging market currencies on Friday. During European afternoon trade, the EURO STOXX 50 inched up 0.4%, France’s CAC 40 added 0.2%, while Germany’s DAX 30 dipped 0.1%. The...

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U.S. futures edge higher ahead of Apple earnings; Dow up 0.2%

U.S. stock futures pointed to a modestly higher open on Monday, as markets stabilized following a broad based selloff in stocks and emerging market currencies on Friday. Ahead of the open, the Dow Jones Industrial Average futures pointed to a gain of 0.2%, S&P 500 futures...

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Dollar higher vs. yen, Swiss franc; emerging market turmoil weighs

The dollar pushed higher against the yen and the Swiss franc on Monday, but safe haven demand continued to remain supported as a selloff in some emerging currencies continued into a second week. USD/JPY hit highs of 102.77, and was last up 0.26% to 102.60, recovering...

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Forex - Pound pushes higher against dollar

The pound gained ground against the dollar on Monday, boosted by expectations that the Bank of England will raise interest rates sooner than anticipated, as markets stabilized following a broad based selloff in risk assets. GBP/USD was up 0.48% to 1.6560, recovering...

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German Ifo business climate rises to 30-month high of 110.6 in January

German business confidence improved more-than-expected this month to hit the highest level since July 2011, industry data showed on Monday. In a report, the German research institute, Ifo said its Business Climate Index rose to a seasonally adjusted 110.6 in January, above...

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USD/JPY Outlook Jan. 27-31

The Japanese yen showed some strength late in the week, and gained over two cents last week. The pair closed at the 102 line. The upcoming week has just eight releases. Here is an outlook on the major market-movers and an updated technical analysis...

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GBP/USD Outlook Jan. 27-31

GBP/USD posted modest gains last week. The pair climbed close to the 1.67 line last week, but was unable to consolidate at these levels and closed the week at 1.6477. This week’s highlight is Preliminary GDP. Here is an outlook for the main events moving the...

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EUR/USD Forecast Jan. 27-31

EUR/USD had an exciting week, dropping to new lows only to rally to high ground. Is it set to continue gaining or is it still looking for a direction? German business data, Eurogroup meetings, German inflation and employment data as well as the Eurozone’s unemployment...

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Forex Weekly Outlook Jan. 27-31

The Japanese yen was the big winner of a volatile week that saw new levels for a few currency pairs, and ended with risk off sentiment. The Fed decision is naturally the most important event, and is accompanied by the first releases of GDP in the US and the UK, as well as...

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Forex Trading Signal for 27th January 2014

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