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Forex
USD/CAD hovers near 1.3900, three-month highs amid lower crude Oil prices
USD/CAD receives support as the commodity-linked CAD struggles due to lower Oil prices.
Crude Oil prices plunge due to easing fears of a potential all-out…
Japan’s Kato: Closely watching FX moves including those driven by speculators
Japan’s Finance Minister Katsunobu Kato on Tuesday that he is ”closely watching FX moves, including those driven by speculators, with a higher sense of…
USD/JPY attracts some sellers below 153.00, potential downside seems limited
USD/JPY loses ground to near 152.95 in Tuesday’s early Asian session, down 0.22% on the day.
Political and monetary policy uncertainty in Japan weighs on…
ECB’s De Guindos: Price outlook surrounded by substantial risks
The European Central Bank (ECB) Vice President Luis de Guindos said on Monday that the central bank has made significant progress in bringing down inflation…
EUR/USD flat lines above 1.0800 as traders await fresh catalysts
EUR/USD trades flat near 1.0810 in Tuesday’s early Asian session.
The rising bets that the Fed might not opt into aggressive easing might boost the USD. …
Dow Jones Industrial Average rebounds as investors brace for key US data and earnings reports
Dow Jones gains 350 points, recovering from last week’s loss, as investors anticipate GDP, Nonfarm Payrolls and PCE Price Index releases.
Treasury yields…
Mexican Peso sinks as USD/MXN rises past 20.00 as economy cools
Mexican Peso pressured as Trump’s chances in the US election rise.
Mexico’s recent economic data shows ongoing slowdown with weak Retail Sales and Economic…
Forex Today: US data releases return to the fore amidst US election unease
The US dollar treaded water in the upper end of the range despite US yields extending their rebound to new multi-week highs, all ahead of key US data releases…
US Dollar softens ahead of eventful week
US Dollar Index falls due to profit-taking, still trades above 104.00.
Economists predict 3.0% growth for US Q3 GDP, which might continue favoring the USD.…
Canadian Dollar continues losing as markets bet on a dovish Bank of Canada
The US economy remains robust with strong GDP and personal consumption expectations.
The Bank of Canada is expected to cut interest rates again by 50 bps in…