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Markets
German Retail Sales rise 1.1% YoY in November
Retail Sales in Germany climbed 1.1% year-over-year (YoY) in November, following an increase of 0.9% in October, according to official data released by Destatis on Wednesday.On a…
Canadian Dollar softens to near 1.3800 as crude oil dips
The USD/CAD pair trades with mild gains near 1.3810 during the early European session on Wednesday. A fall in crude oil prices exerts some selling pressure on the commodity-linked…
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USD/CHF softens to near 0.7950 as Venezuela crisis supports Swiss Franc
The USD/CHF pair trades in negative territory near 0.7950 during the early European session on Wednesday. The US Dollar (USD) weakens against the Swiss Franc (CHF) amid persistent…
Australian Dollar hits new 14-month highs despite easing inflation pressures
The Australian Dollar (AUD) rises against the US Dollar (USD) on Wednesday, continuing its winning streak for the fourth successive session. The AUD/USD pair rises despite the…
Silver declines to near $80.00 as traders book profits
Silver price falls to near $80.15 during the Asian trading hours on Wednesday. The white metal edges lower as traders book some profits ahead of the key US economic data later this…
AUD/JPY weakens below 105.50 after softer Australian CPI inflation data
The AUD/JPY cross declines to around 105.40, snapping the four-day winning streak, during the Asian trading hours on Wednesday. The Australian Dollar (AUD) faces some selling…
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GBP/USD steadies near 1.3500 as traders await key US data
The GBP/USD pair oscillates in a narrow range, around the 1.3500 psychological mark during the Asian session on Wednesday, and for now, seems to have stalled the previous day's…
USD/JPY advances above 156.50 as risk-on sentiment undermines Japanese Yen
The USD/JPY pair gains ground to near 156.65 during the early Asian session on Wednesday. The Japanese Yen (JPY) softens against the US Dollar (USD) as the impact of the shock US …