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Market Comment 17th October 2014

European equities look set to open slightly lower despite a strong reversal of sentiment in the US. 

EUR/USD update (17th October 2014, 11:00)

Federal Reserve chair Janet Yellen’s speech which will take place this afternoon continues to loom over currency markets.  

USD/JPY update (17th October 2014, 07:00)

Choppy price action continued in volatile overnight trade, with investors focusing on various Fed comments and economic data.

GBP/USD update (16th October 2014, 12:00)

Sterling slides due to profit taking.

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EUR/USD update (17th October 2014, 11:00)

Federal Reserve chair Janet Yellen’s speech which will take place this afternoon continues to loom over currency markets.  

USD/JPY update (17th October 2014, 07:00)

Choppy price action continued in volatile overnight trade, with investors focusing on various Fed comments and economic data.

GBP/USD update (16th October 2014, 12:00)

Sterling slides due to profit taking.

EUR/USD update (16th October 2014, 12:00)

The euro has been hit by profit taking overnight and traders are now focused on the CPI report at 10am (London time). 

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