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Tools for TradersTop Movers | Heat Map | Pivot Point | Pivot Meters | Action Bias | Volatility Charts Action InsightSterling Selloff Accelerates on Talks that May May be Ousted Fresh, broad based selling is seen in Sterling today and the currency staying as the weakest one for the week. Political uncertainty seems to be a main driver. Talks of UK Prime Minister Theresa May b... Japan's Snap Election And The Impacts On Policies Volatility in Japanese financial markets is set to intensify as the snap election for the parliament (Lower House), scheduled on October 22, approaches. Our base case is that PM Shinzo Abe's LDP would... Technical OutlookGBP/USD Mid-Day Outlook GBP/USD's fall extends to as low as 1.3133 so far. Intraday bias remains on the downside for 61.8% retracement of 1.2773 to 1.3651 at 1.3108. Firm break there will target a test on 1.2773 key support ... Suggested ReadingsNZDUSD Bearish in Short-Term; Risk Tilted to Downside after Bearish Crossover of Moving Averages U.S. Trade Deficit Narrows Slightly in August Canada's Trade Deficit Widened in August GBP Lower on Speculation over Theresa May's Position US100 Stock Index Bullish In Short- And Medium-Term, Positive Momentum Though Weakens Expect U.S Jobs To Be Affected By Summer Hurricanes Catalan Independence Threat Shaking Investors | US NFP And Trump Pick Under Focus CPI Surprises To The Upside, Catalan Crisis Still Weighs On EUR USDJPY Short-Term Bullish But Momentum Fading, Neutral Medium-Term Bias Intact Dollar Holds Strong Amid Rising Economic Confidence, Aussie Tumbles After Retail Sales Shrink Trade With Our Partners
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