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Trading news

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10 Apr 2015

Aussie's big event coming up - TDS

FXStreet (Guatemala) - Analysts at TD Securities noted the big news for the Aussie next week.

Key Quotes:

"Aussie Employment (Thurs 16 Apr)"

"This past week’s RBA decision to keep rates on hold left fixed income markets reeling, so markets will be keeping a close eye on the employment report for any worrying trends in the unemployment rate, helping to cement a May rate cut instead."

"We remain cautious around expecting too much job growth, and look for a modest +15K for March, although admittedly recent job ads to suggest upside risks to our view. We also look for the unemployment rate to revert to the cyclical high of 6.4% as the participation rate picks up."

Apr 10, 2015

EUR/JPY taking a rest bite of the downside

EUR/JPY is currently trading at 127.58 with a high of 128.78 and a low of 129.25.

EUR/USD back around 1.0600

The bullish attempt in EUR/USD seems to have run out of legs near 1.0640, with spot now deflating to the 1.0600 neighbourhood...