Monthly Archives: August 2013

Currency Spotlight – August 27, 2013

Money managers on holiday for the last week of August may not be surprised to hear about Brent oil rallying to a 5-month high as expectations were for the Arab Spring to possibly trigger a geopolitical risk event. However, many

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Currency Spotlight – AUDUSD

  Many traders are eager to see if tonight’s minutes will show that the Reserve Bank of Australia is hesitant in providing an additional rate cut.  The lack of guidance for a future rate cut this month has helped provide

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Another Wild Summer Trading Day

At the start of yesterday’s trading day, we knew that several countries had their banks closed in observance of Assumption Day, and that should have been the first red flag for possible heightened trading volatility. In addition to some solid

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