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Markets
EUR/CHF plunges to 2015 lows as Franc strength accelerates
The Euro (EUR) extends losses against the Swiss Franc (CHF) on Friday, with EUR/CHF sliding to its lowest level since 2015, when the Swiss National Bank (SNB) abruptly abandoned…
Upside bias holds as 21-day SMA cushions declines
The British Pound (GBP) trades on the back foot against the Japanese Yen (JPY) on Friday after the Pound weakened broadly following a Financial Times report that Prime Minister…
EUR/CAD steady amid ECB caution, Canadian Dollar gains on Oil boost
EUR/CAD trades with minimal movement on Friday, holding near 1.6310 at the time of writing, as investors assess the impact of a more cautious tone from the European Central Bank…
EUR/USD holds 1.1600 as Fed cut bets ease, Eurozone GDP supports
The EUR/USD ended Friday with losses of 0.10% but the week finished on a higher note up 0.51% as risk appetite deteriorated amid growing speculation the Federal Reserve would pause…
My concerns on inflation is much broader than tariffs alone
Federal Reserve (Fed) Bank of Kansas City President Jeffrey Schmid spoke about the economic outlook and monetary policy at the Joint Energy Conference hosted by the Federal Reserve…
Slumps against US Dollar as Greenback turns positive
Pound Sterling slumps against US Dollar as Greenback turns positiveThe Pound Sterling (GBP) trades 0.4% lower to near 1.3130 against the US Dollar (USD) during the European trading…
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NZD/USD climbs on US Dollar weakness, RBNZ easing caps Kiwi gains
NZD/USD trades higher around 0.5680 on Friday, up 0.60% on the day at the time of writing. The pair benefits from a softer US Dollar (USD) as investors remain cautious ahead of the…
Gold falls below $4,100 as Fed hawks dampen December rate cut hopes
Gold (XAU/USD) tumbles nearly 2% on Friday, yet it has recovered after reaching a daily low of $4,032 on growing speculation that the Federal Reserve (Fed) might pause its easing…
The change in border policy is disinflationary
Federal Reserve (Fed) governor Stephen Miran spoke at a Fox Business interview on Friday, stating that monetary policy should be forward-looking and that wage gains have…