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  • Squawk / Yesterday at 8:30 GMT
    Senior Analyst / Tallinex.com
    Saint Vincent and the Grenadines
    Weekly Trading Forecasts on Major Pairs (July 6 - 10, 2015)

    EURUSD
    Dominant bias: Bearish
    Current events in the Eurozone will continue to shape the movement of EURUSD and other EUR pairs this week. Last week, price opened with a gap-down of about 200 pips before an upward bounce of over 300 pips occurred on Monday. On Tuesday, price began to go south and tested the support line at 1.1050 on Wednesday. After that, price consolidated till the end of the week. This week, EURUSD and other EUR pairs could open with gaps, and of course, the gaps would be followed by strong movements in case they occur. The outlook on EURUS D is bearish: unless the resistance line at 1.1250 is overcome, further southward movement is expected.

    USDCHF
    Dominant bias: Bullish
    This currency trading instrument traded downwards on Monday, reaching the support level at 0.9250. Form that level, price went north by 250 pips, testing the resistance level at 0.9500.

    Source: www.tallinex.com
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  • Article / Friday at 11:45 GMT

    FX Noon: The sound of silence

    Director / Accumen Management
    United Kingdom
    FX Noon: The sound of silence
    Forex markets are quiet this Friday with the US closed for Independence Day and Greece on tenterhooks ahead of this weekend's referendum. That didn't stop the AUD from taking a tumble, however...
    Read the article
  • 1d
    fxtime fxtime
    I am impressed that Greece has managed to organise a referendum within a week ! It is incredible to think they do have the skillsets to push...
  • Article / Friday at 9:52 GMT

    BP bites the bullet, but is it poison?

    Managing editor, TradingFloor.com / Saxo Bank
    Denmark
    BP bites the bullet, but is it poison?
    BP's acceptance of a landmark $18.7 billion penalty to the US government draws a line in the sand over the five-year Deepwater Horizon saga, but could the fine in tandem with lower oil prices make the global oil giant vulnerable to a takeover?
    Read the article
    1d
    Martin O'Rourke Martin O'Rourke
    Of course, if BP does become the subject of a bid from one of the big (bigger) boys, then your set fair fxtime. Hold fast and let's...
    1d
    Martin O'Rourke Martin O'Rourke
    Then you are set fair that should be. Hangs his head in shame...!
    1d
    fxtime fxtime
    Is there going to be a Tinkof/Saxo stand at the prologue tomorrow at Utrecht?
  • Editor’s Picks / Friday at 9:23 GMT

    Varoufakis advises Irish to seek 'sensible debt relief'

    Irish Independent
    Ireland has been saddled with a preposterous amount of debt and should seek a deal with other bailout states like Greece, Greek finance minister Yanis Varoufakis said today. "We should seek a sensible debt relief exercise...not just for us, but countries like Ireland and Portugal too," he told RTE in an interview on Morning Ireland. Ireland has the fourth highest government debt to GDP ratio in the EU, Greece has the highest with Italy and Portugal in between.
    Read article on Irish Independent
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  • Calendar event / Friday at 9:00 GMT

    EU Retail trade

    forecast
    actual
    Med Retail Sales Monthly
    +0.2%
    Med Retail Sales Yearly
    +2.4%