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AUD/USD dips as US Dollar gains on labor data, weak Australian CPI
AUD/USD trades lower on Friday, with the pair hovering around 0.6680 at the time of writing, down 0.23% on the day. The move mainly reflects renewed support for the US Dollar…
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EUR/USD ends week near 1.1640, posts 0.7% loss as Dollar dominates
EUR/USD prolonged its agony throughout the week, poising to print losses of 0.70%, as it fell 0.20% on Friday, despite the release of mixed economic data in the US. In the European…
Markets signal a brighter UK future after lost decade
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is chair and chief executive of Caxton…
GBP/CAD steady as markets digest mixed Canada employment report
The Canadian Dollar (CAD) trades little changed against the British Pound (GBP) on Friday, with GBP/CAD struggling to find direction as traders show a muted reaction to Canada’s…
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SP500 holds its bullish pattern as the Elliott Waves forecast 7300+
In our December update, we combined the Elliott Wave (EW) Principle with average midterm election-year seasonality and the Armstrong Pi-cycle turn dates and concluded for the…
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Labour market is steady, but hiring remains uncomfortably narrow
Richmond Fed President Tom Barkin said the decline in the unemployment rate was welcome and described job growth as modest but stable. He also noted that hiring remains…