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Markets
EUR/USD pulls back as Greenback finds support following latest US data
The Euro (EUR) trims earlier gains against the US Dollar (USD) on Friday as the Greenback firms following the latest set of US economic releases. At the time of writing, EUR/USD is…
Sellers dominate as momentum turns decisively bearish
EUR/GBP remains under pressure on Friday as the Euro (EUR) continues to soften against a broadly supported British Pound (GBP). Sterling has held firm since the UK Autumn Budget,…
USD/CAD slides to a two-month low after Canada’s jobs beat; eyes on US PCE
The Canadian Dollar (CAD) strengthens against the US Dollar (USD) on Friday as a stronger-than-expected Labour Force Survey boosts sentiment around the Loonie. At the time of…
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EUR/JPY rebounds on stronger Eurozone data, soft Yen
EUR/JPY recovers from early lows on Friday as the Japanese Yen struggles to benefit from growing expectations of a Bank of Japan (BoJ) rate hike. At the time of writing, the pair…
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Italy’s Gold reserves become the focus of politics – Commerzbank
Italy is considering declaring its central bank’s 2,452 tons of Gold as the property of the people, a move opposed by the ECB over fears it could threaten bank independence. While…
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Hovering at the key 99.00 level
The US Dollar remains practically flat at the key 99.00 level on Friday after having picked up from fresh one-month lows at 98.80 on Thursday. The pair is attempting to regain lost…
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