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Forex
EUR/USD tumbles below 1.0550 on upbeat US business confidence
Euro loses ground, although Germany reports steady inflation; traders await the ECB’s decision.
NFIB Business Optimism Index in the US climbs to 101.7,…
New uncertainty in the Middle East after the fall of the Assad regime causes oil prices to rise – Commerzbank
Oil prices rose significantly at the start of the week, making up for Friday's losses, Commerzbank’s commodity analyst Barbara Lambrecht notes.
A higher risk…
Mexican Peso dips with the Dollar firming up ahead of US CPI data
The US Dollar picks up supported by a sourer market sentiment ahead of the US CPI release.
Soft Mecican CPI data has increased hopes of a 25 bps rate cut…
China: CEWC to elaborate on ‘extraordinary’ stimulus – Standard Chartered
Upcoming CEWC likely to set a pro-growth tone and lay out stimulus plan, echoing the Politburo. Shift to an ‘appropriately loose’ monetary policy stance…
USD/CAD refreshes four-year high near 1.4200 with US inflation, BoC policy in focus
USD/CAD rises to a fresh four-year high near 1.4200 ahead of BoC monetary policy announcement and the US inflation.
US core CPI is estimated to have grown…
USD/CNH: Risks are skewed to the downside – OCBC
USD/CNH continued to drift lower, thanks to recent news from politburo about ramping up support and also taking cues from daily fixing guidance. Policymakers…
Forex Today: Dovish RBA tone weighs on Aussie, attention turns to US data
Here is what you need to know on Tuesday, December 10:
The Australian Dollar (AUD) stays under selling pressure early Tuesday following the Reserve Bank of…
EUR/GBP remains on the defensive below 0.8300 ahead of ECB rate decision
EUR/GBP posts modest gains near 0.8280 in Tuesday’s early Asian session.
The BoE keeps a cautious stance on its easing path.
ECB is widely expected to…
USD/CHF drops below 0.8800 on Middle East geopolitical tensions
USD/CHF drifts lower to 0.8770 in Tuesday's early European session, down 0.19% on the day.
The SNB is anticipated to cut its key policy rate by 25 bps on…
USD/CAD refreshes multi-year peak, 1.4200 remains in sight on larger BoC rate cut bets
USD/CAD trades with positive bias for the third straight day and climbs to a fresh multi-year top.
Bets for a larger BoC rate cut and a modest downtick in…