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GBP/USD strengthens on relief rally after UK autumn statement
Pound Sterling weakens against US Dollar ahead of key US dataThe Pound Sterling (GBP) drops to near 1.3190 against the US Dollar (USD) during the European trading session on…
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Euro holds steady near 1.16 as CPI aligns with expectations – Scotiabank
The Euro (EUR) is trading flat to the US Dollar (USD) while outperforming most of the G10 currencies as it consolidates in a tight range around 1.16, Scotiabank's Chief FX…
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EUR/JPY snaps three-day losing streak as solid JGB auction weakens the Yen
The Euro (EUR) edges higher against the Japanese Yen (JPY) on Tuesday as the Yen weakens in response to easing Japanese Government Bond (JGB) yields after the latest 10-year…
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EUR/GBP edges higher as Eurozone inflation supports Euro, BoE weighs
EUR/GBP trades slightly higher on Tuesday, around 0.8800 at the time of writing, up about 0.15% on the day. The cross benefits from support for the Euro (EUR) after the release of…
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The S&P 500 is gearing up for a Christmas rally
Rising US Treasury yields and renewed selling of cryptocurrencies have cooled demand in the S&P 500. The broad stock index took a step back after a five-day rally, but its…