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Pound Sterling bounces back, outlook remains fragile on BoE’s dovish hold
The Pound Sterling (GBP) regains ground against its major currency peers on Friday after a sharp fall the previous day, which was driven by the Bank of England’s (BoE) signal that…
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Dovish BoE surprises markets – ING
ING's Chris Turner discusses the Bank of England's recent dovish stance, which was unexpected and has shifted market expectations towards potential rate cuts. Turner suggests that…
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AUD/CAD rises above 0.9500 ahead of Canada’s labor market data
AUD/CAD remains in the positive territory after recovering its daily losses, trading around 0.9520 during the European hours on Friday. However, the upside of the currency cross…
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Australian Dollar recovers recent losses as RBA hike expectations grow
The Australian Dollar (AUD) advanced against the US Dollar (USD), recovered its losses on Friday. The AUD/USD pair faced challenges amid broad-based selling in global equities and…
Japanese Yen holds gains vs. USD amid BoJ rate hike bets, risk-off mood
The Japanese Yen (JPY) sticks to modest recovery gains against a broadly retreating US Dollar (USD) through the Asian session on Friday, though it lacks bullish conviction and…
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