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Forex Strategy Outlook: US Dollar Likely to Move Sharply Against Euro (Daily FX via Yahoo! Finance)

Forex options markets volatility forecasts continue to trend higher, pointing to major moves in the US Dollar and other major currencies through the coming weeks’ trade. In fact, implied volatility levels on 3-month Euro/US Dollar options now trade near their highest levels since July, 2009 and underline market fears of continued volatility.
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Your Source for Daily FOREX Market News and Analysis (Daily FX)

Forex options markets volatility forecasts continue to trend higher, pointing to major moves in the US Dollar and other major currencies through the coming weeks’ trade.
More about Your Source for Daily FOREX Market News and Analysis (Daily FX)

Forex daily technical analysis - February 8 (MENAFN)

Forex daily technical analysis - February 8
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Your Source for Daily FOREX Market News and Analysis (Daily FX)

The EURGBP may have topped in a small 4th wave. The Yen crosses may be consolidating before continuing lower. The EURGBP has strengthened in what is probably a small 4th wave. Notice that the former 4th wave extreme at 8800 has held, which is common.
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Your Source for Daily FOREX Market News and Analysis (Daily FX)

Overview Switzerland’s unemployment rate in January rose to 4.5% from 4.4% the month prior, with economists’ expectations of 4.6%, marking its highest level since March 1998, while the seasonally adjusted rate slipped to 4.1% from 4.2% the previous month, the State secretariat for Economic Affairs in Berne announced today.
More about Your Source for Daily FOREX Market News and Analysis (Daily FX)

Your Source for Daily FOREX Market News and Analysis (Daily FX)

Today, Norges Bank (NB), which along with the Bank of Israel (BoI) and the Reserve Bank of Australia (RBA) had started the global rate hike cycle late last year, kept its policy rate steady.
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Forex: USD/CAD capped its recovery at 1.0715 (The Forex Market)

Fxstreet.com (Barcelona) - The Dollar's recovery from intra-day low at 1.0655 against the Canadian Dollar has been capped at 1.0715 in the European session. The USD/CAD has fallen below 1.0700 again and it is trading around 1.0680.
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Currency Crosses: Technical Outlook 02-08 (Daily FX via Yahoo! Finance)

The EURGBP may have topped in a small 4th wave. The Yen crosses may be consolidating before continuing lower.
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UK house prices rise in January but activity drops off (The Forex Market)

The latest RICS data shows that more real estate professionals reported a rise in house prices, 32% up from 30%, but activity in the housing market was off probably due to the very cold weather.
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Forex: USD/JPY has room for further decline, perhaps 87.30 - ForexYard (The Forex Market)

According to Holden, the pair shows bearish signals on weekly charts, hinting for further downward moves:"The weekly chart shows a significant bearish trend that may have room to extend.
More about Forex: USD/JPY has room for further decline, perhaps 87.30 - ForexYard (The Forex Market)


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