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Author: Mark Sturdy

Weak Euro, resurgent Dollar

When the EU/EZ/IMF rescue for Greece was announced, traders viewed it as akin to reorganizing the deck chairs on the Titanic. The Euro came under intense selling pressure and stocks collapsed. So the EU/EZ/IMF launched an even...

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USD/JPY Bulls Remain Well-Positioned

The FX Trader’s view – The recovery scenario in USD/JPY recently took a knock, but bulls seem to have quickly regained their poise, and can still target higher levels, particularly on a break through the 95.00 resistance...

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Gilts, the elections and the Eurozone

Today the UK votes in the closest fought General election campaign in living memory. With a hung Parliament still looking the most likely outcome, at least according to the opinion polls, we look at how the Gilt might react once...

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Gold prospers after break from the Dollar

The recent divergence of gold from the dollar reveals just bullish it is… The Technical Trader’s view: WEEKLY CONTINUATION CHART The story of gold and the dollar is clearly a historical one of close association with only...

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Wheat to Springeth Green?

The Commodity Specialist view – The recent downward phase in Wheat (CBOT) began after the Nov-09 high, but evidence has been emerging of a loss of bear interest and we are now on the lookout for a recovery attempt. MONTHLY...

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Short Sterling and the election

Until recently it was widely assumed in the market that UK interest rates were on hold for the rest of 2010. The Bank of England suggested that a spike in inflation would soon resolve to below-target CPI for much of the two-year...

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EUR/GBP Slip Unnerves the Bulls

The FX Trader’s view – A short term bull signal seen earlier this year has essentially been negated now, following a deep pullback. Latest weakness has turned focus on key supports, and increases speculation that the...

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