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Fundamental Analysis May 7 EUR/USD picked up 52 focuses to exchange at 1.3927 setting itself up for a significant fall. Climbing relentlessly after eurozone administrations PMI basically beat desires and Spanish unemployment reported much superior to anticipated. Numerous accept this is all a measurable abnormality as Spain is not in a recuperation mode and with the Easter occasion amidst the month a considerable measure of information was most likely not arranged. GBP/USD added 83 points to be the best market performed today after Services PMI data beat expectations. The pound soared to trade at 1.6951 with the possibility of breaking the 1.70 level later in the session. AUD/USD gained 7 points after the announcement of the RBA decision to hold rates and policy this morning. The pair is trading at 0.9280. In a strange twist, data showed that Australia’s trade surplus has narrowed, driven by a fall in mining exports. USD/JPY climbed off the 101 level touched as markets opened on Monday on safe haven trades with tensions escalating in Ukraine. The yen strengthen last week as the BoJ held rates and fire offering a better than expected assessment of the Japanese economy. Gold is trading at 1307.60 down by $1.70 as traders closely monitor the situation in Ukraine but strong US data seems to be outweighing the flight to safety as ISM data a day before surprised markets to the upside. Gold has been trading sideways after it fell sharply after hitting a seven-month high at 1392 USD in mid-March.

EUR/USD is exchanging at 1.3880 crawling higher on Thursday having ridden out two days of more terrible than anticipated news on Eurozone swelling and the US economy that have not in a broad sense modified observations of the approach viewpoint in either. GBP/USD outperformed its crosses to hit a 2014 trading at 1.6911 after strong manufacturing PMI data surprised the markets to the upside. AUD/USD is down just 2 points at 0.9287 after data releases this morning. Australia’s dollar held a two-day gain after Chinese data showed manufacturing picked up in April. USD/JPY is trading at 102.30 up by 7 points after the US dollar declined on Wednesday; the pair is recovering the overreaction to lackluster GDP data but extremely positive ADP payroll numbers. Gold continued to creep down trading at 1285.00 down almost $11 after the US FOMC continued its tapering program and tensions eased in the Ukraine. Traders pushed the Dow Jones to a record high yesterday

EUR/USD picked up 11 point today after US information disillusioned trader yesterday with new home deals falling admirably underneath desires. The euro was exchanging at 1.3828 in front of Mario Draghi's discourse this evening where he is relied upon to remark on the high cost of the euro. GBP/USD gained 13 points to trade at 1.6796 as traders recovered from their disappointment in the MPC minutes. Speculators seem sure that the BoE was close to raising interest rates but the minutes showed that the members were not even considering a rate hike at this time and are waiting for more assurances that the economy is under full recovery. AUD/USD recovered 4 points after Wednesday’s decline after inflation reported lower than expected. The AUD is trading at 0.9294 well below its April trading range. Even the declining US dollar did not help support the currency. Traders were hit with a decline in China manufacturing. USD/JPY eased by 21 points as the US dollar declined to trade at 102.32 after the dollar declined on lackluster new home sales Gold is flat for the day moving between gains and losses with no direction as traders take a breather after the situation in the Ukraine seems to have puffed out. Gold remains at the 1284.00 price level.

Fundamental Analysis April 23 EUR/USD picked up 20 focuses to exchange at 1.3813 staying inside its late exchanging reach with no Eurozone information and US information still before the businesses. GBP/USD was the star performer today adding 35 points to trade at 1.6827. Decent factory production figures combined with another strong month for the labor market sent March’s index of US Leading Indicators higher. AUD is trading at 0.9348 after trading as high as 0.95 just a week ago. The US dollar has climbed above the 80 level as is expected to continue to gain as US data supports the defrost of the US economy after the severe winter freeze. USD/JPY was the most active currency pair on Monday and continues to climb on Tuesday trading at 102.67 above its average trading range as data released on the Easter Monday holiday upset traders and analysts. Gold recovered a few dollars today moving between small gains and losses with little direction as tensions seemed to ease in Ukraine. Gold is trading at 1291.40. Gold recovered from early losses on Tuesday as the dollar gave back some gains, but sentiment among investors continued to be fragile on further outflows from bullion-backed funds.