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  Former Barclays trader Christopher Ashton, 42, is being fined £920,000 He was part of a group of dealers who called themselves the Cartel They used internet chatrooms to fix currency prices and share information  A former Barclays trader is being fined £920,000 by US authorities over his part in ...

NEW YORK (Reuters) - It only took two days of the Pokemon Go craze to make Shama Diegnan start fearing for her wallet.

The Bank of England decided not to cut rates in a move that surprised many and boosted the pound. However, it kept us waiting for the next decision, just three weeks away. Here are three reactions: Here is their view, courtesy of eFXnews: BoE On Hold As We Expected; Paving The Way To An August Rate [...]

The post BOE keeps us waiting 3 weeks – 3 reactions appeared first on Forex Crunch.

EURUSD Daily Analysis   EURUSD (1.112): EURUSD has been bullish for the past two days with price action seen clearing above 1.110 yesterday. Following the break of the inverse head and shoulders pattern yesterday, EURUSD remained largely flat with brief retest back to the broken neckline resistance of 1.110 to establish support. Further upside is [...]

The post EURUSD , GBPUSD , USDJPY and XAUUSD TA – July 15 2016 appeared first on Forex Crunch.

The Australian dollar continues looking good. After Australian employment data seemed good enough, figures from Australia’s No. 1 trade partner look even better. China reported a growth rate of 6.7% in Q2 2016 slightly better than 6.6% expected and identical to Q1. Industrial output surprised to the upside with 6.2% instead of 5.9% expected and 6% last [...]

The post AUD/USD continues trending higher in channel after Chinese data appeared first on Forex Crunch.

A villain murdered more than 80 people celebrating France’s Bastille Day in Nice, southern France. The horrific stampede is clearly an act of terror and it joins previous attacks in Paris and in the Brussels, Belgium. France has extended the state of emergency hours after President Hollande announced the planned removal of this measure. We also heard that [...]

The post Terror attack could impact GBP more than EUR appeared first on Forex Crunch.