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Session Recap: The USD advances; GBP/USD collapsed to 1.5100

FXstreet.com (San Francisco) - The Greenback advanced against its major competitors as the GBP/USD collapsed from 1.5255 to trade at 1.5100. The EUR/USD was rejected by the 1.2880 region and declined to 1.2810. The USD/JPY recovered 100 pips from 92.55 to trade at 94.55 and the USD/CHF closed 0.27% positive on the day at 0.9485.

Against the minor dollars, the Greenback posted declined.

Main headlines in the American session:

US: ISM New York falls to 51.2 in March

US: Factory Orders rise 3.0% in February

Forex: EUR/USD still close to lows after US data

Forex: AUD/USD aiming at daily highs again

Fundamental Afternoon Wrap: Italian horror on the horizon

Forex: USD/JPY extends recover and trade above the 93.50 level

Forex: US Dollar Index up above 83.00

Forex: EUR/USD testing lows around 1.2815/20

Forex: GBP/USD extends decline and tests the 1.5100

Wall Street rises to close at record highs

Forex Flash: Wait until BoJ event before loading up on yen shorts - Societe Generale

As the markets awaits BoJ Kuroda's first policy decision on Thursday, according to Societe Generale FX strategist Kit Juckes, there is plenty of talk about yen short-covering, yet CFTC data suggest there are still yen shorts."
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Forex Flash: Pricing for RBA cuts in 1-year from 15bp to 19bp - NAB

Following the RBA more neutral monetary policy position, according to NAB, "most of the commentary surrounding the RBA post meeting statement is to the effect that the RBA is sitting quite comfortably on hold here, and that the professed easing bias is not something they are likely to act on anytime soon."
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