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Forex Flash: FOMC thinking revealed as Fed captures weekly spotlight – Deutsche Bank

FXstreet.com (Barcelona) - Looking more closely at this week's docket, Wednesday's March FOMC minutes will be closely scrutinized in light of the debate over the timing of QE tapering – Deutsche Banks's Joe LaVorgna warns that the minutes may be slightly dated following the disappointing week of data just passed.

With that in mind, the week's list of Fed speakers may provide a better real-time gauge of the FOMC's current thinking. The list of speakers includes Bernanke who will be delivering the keynote address at an Atlanta Fed conference today, and who will also speak again on Friday. At least nine other FOMC members will be speaking on various days this week.

Forex: AUD/USD rejects 1.0425, back below 1.0400

After rising around 55 pips from the 1.0370 in the early American morning, the AUD/USD traded above the 1.0400 area to test intra-day highs at 1.0425, but pair was unable to trade higher and the Aussie was rejected down. Currently the AUD/USD is trading below the 1.0400.
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Forex Flash: EUR/JPY potential upside to 129.60 medium-term – Commerzbank

The pair is posting gains for the third consecutive session on Monday, boosted by the increased weakness in the Japanese yen after BoJ’s Kuroda announced his QQE programme and the recent upbeat...
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