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Forex
Canadian Dollar tumbles amid Canadian holiday Monday
Canadian Dollar sheds half of a percent against the Greenback.
Canada Day holiday leaves CAD markets in the dark for Monday.
Canadian data remains limited…
US Dollar stabilizes post ISM PMIs data
US Dollar recovers after slight losses following ISM PMIs data.
Dollar finds cushion on high US Treasury yields.
Signs of disinflation have begun to…
Gold confined to a range amid investor uncertainty
Gold consolidates in a range amid investor uncertainty over when the Fed will cut interest rates.
Despite falling inflation, Fed officials are reluctant to…
Dedollarisation: On a path to multipolar world – DBS
In the first half of 2024, the global financial landscape witnessed an increase in the momentum of dedollarisation. The movement is driven by various…
Pound Sterling clings to gains against US Dollar as Fed likely cut rates in September
The Pound Sterling moves higher against the US Dollar as the Fed is expected to begin reducing interest rates in September.
UK annual headline inflation has…
NZD/USD pulls back to neckline of topping pattern again
NZD/USD has pulled back up to the neckline of a topping pattern again.
The move comes despite the pair making a new low on June 28.
A close higher could…
GBP: UK election seems to turn out uneventful – ING
It is election week in the UK, and the BBC poll tracker puts Labour at 40%, Conservatives at 20%, Reform UK at 16% and Liberal Democrats at 11%, ING analyst…
France: An unpleasant stalemate to stall fiscal problem solving – Rabobank
Macron gambled and lost. That much was clear heading into France’s elections this weekend. Macron’s party attracted only about 20% of the votes, behind Le…
NZD/USD: A break above 0.6135 to change momentum to the upside – UOB Group
The New Zealand Dollar (NZD) is likely to trade in a sideways range of 0.6080/0.6120. Room for further NZD weakness. Slowdown in momentum suggests 0.6040 could…
EUR/JPY moves above 173.00, reacts positively to Le Pen National Rally’s sweep
EUR/JPY gains upside traction as sentiment improves to the far-right sweep in the first round of the French election.
HCOB Eurozone Manufacturing PMI was…