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Forex
Germany FX Today: Euro shines before German Industrial Production
The Euro (EUR) strengthens on Friday against the US Dollar (USD), trading at around 1.1750 (+0.85%), as investors sell off the Greenback en masse following the…
Silver consolidates near 14-year high as weak NFP data boosts Fed cut bets
Silver consolidates near $41.00, holding just below its 14-year peak with bullish structure intact.US NFP miss fuels Fed cut bets, dragging the US Dollar and…
Breaking: Gold rallies to fresh record-high as weak NFP fuels dovish Fed outlook
Gold holds steady around $3,575, consolidating after touching a record high of $3,586 post-NFP.The US jobs report showed weaker hiring, higher unemployment and…
EUR/USD treads water with all eyes on US services, jobs data
The Euro remains trapped within a tight range, with investors cautious ahead of key US macroeconomic releases.Eurozone Retail Sales have shown a…
USD edges higher ahead of ADP – Scotiabank
The US Dollar (USD) is tracking a little higher overall on little or no new developments. The minor lift in the USD may simply reflect a mild rebound from…
CAD softer as USD gains broadly – Scotiabank
The Canadian Dollar (CAD) is a little lower against the generally firmer US Dollar (USD), Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret…
EUR quiet and trading in narrowed ranges – Scotiabank
The Euro (EUR) is trading flat against the US Dollar (USD) and consolidating within increasingly narrowed ranges despite ongoing political uncertainty and…
GBP/USD consolidates as ADP jobs disappoint, ISM Services PMI tops forecasts
GBP/USD consolidates near 1.3430 after rebounding from a one-month low on Wednesday.US Dollar Index steadies above 98.00 following mixed US labor market…
USD/CAD falls to near 1.3800 ahead of US Nonfarm Payrolls
USD/CAD loses ground as the US Dollar struggles on rising odds of a Fed rate cut in September.The US Nonfarm Payrolls are expected to rise by about 75,000 in…
GBP is outperforming with modest gain – Scotiabank
The Pound Sterling (GBP) is up marginally against the US Dollar (USD) and outperforming all of the G10 currencies as we head into Thursday’s NA session.…