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1 Apr 2015
United States EIA Crude Oil Stocks change above expectations (4.188M) in March 27: Actual (4.766M)
FXStreet.com (Barcelona)
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Apr 1, 2015
NZD/USD recovers to 0.7440
The NZD/USD pair, which fell on disappointing Fonterra global diary trade auction, managed to recover back to 0.7440 on the disappointing US manufacturing PMI data.
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Apr 1, 2015
Will the USD actually rise after Fed hikes rates? – HSBC
Stacy Williams, Director of Quantitative FX Strategy at HSBC, believes that markets are buying USD based on expectations of a rally if and when the Fed hikes rates, and not on the basis on change in fundamentals, and further comments that this “last hurrah idea is just one of the thorns in the side of the USD.”.
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