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Markets
Pound Sterling ticks lower against US Dollar, US CPI comes under spotlight
The Pound Sterling (GBP) drops slightly to near 1.3340 against the US Dollar (USD) during the European trading session on Thursday. The GBP/USD pair edges down after comments from…
BoE’s Dhingra: US tariffs to put downward pressure on UK inflation
Bank of England (BoE) Monetary Policy Committee (MPC) member Swati Dhingra said in a speech at a research conference hosted by Ireland's central bank on Thursday that the United…
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Likely to trade in a sideways range of 1.3330/1.3380 – UOB Group
Downward momentum has eased with the rebound; Pound Sterling (GBP) is likely to trade in a sideways range of 1.3330/1.3380. In the longer run, GBP is likely to edge lower within a…
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AUD/USD gains sharply to near 0.6510, broadly remains confined ahead of US inflation data
The AUD/USD pair trades 0.3% higher to near 0.6510 during the European trading session on Thursday. However, the Aussie pair has been trading inside the three-day-long trading…
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SNB minutes rule of fears of inflation remaining persistently negative
The latest minutes from the Swiss National Bank’s (SNB) September monetary policy meeting express that interest rates won’t fall into negative territory as inflationary pressures…
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Australian Dollar recovers losses on optimism surrounding US-China trade deal
The Australian Dollar (AUD) gains ground against the US Dollar (USD) on Thursday after recovering from daily losses. However, the AUD/USD pair faced challenges as traders adopt…