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Forex Flash: Bundesbank hints at further ECB rate cuts - DBS Group

FXstreet.com (Barcelona) - DBS Group analysts note that Bundesbank President Jens Weidmann reiterated the European Central Bank’s (ECB) stance that another rate cut is possible if incoming Eurozone data remains weak.

Elsewhere, they note that the Portuguese unemployment rate has risen to another record high and like the yen, the euro had earlier started giving back gains on receding worries that the Fed may consider increasing asset purchases. They write, “EUR/USD started falling towards 1.30 after USD/JPY rose past 100. Overall,the US dollar was higher but this turned out to be negative for US equities.”

Forex Flash: AUD/NZD 1.2000, so what’s next? – TD Securities

With AUD/NZD is consolidating above 1.2000 after its tremendous performance against its closest counterpart, The New Zealand dollar, Alvin Pontoh, FX strategist at TD Securities in Singapore say’s that they are leaning towards expecting a reversal of AUDNZD weakness
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Forex: EUR/HUF rebounds from 292.00

Better-than-expected trade balance figures in the Hungarian economy added some buying pressure to the forint, dragging the pair to the boundaries of 292.00, although picking up pace later....
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