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Markets
EUR/USD approaches two-week lows after poor Eurozone consumption data
The Euro (EUR) headed south for the second consecutive day against the US Dollar, trading at 1.1785 at the time of writing. The larger-than-expected decline in the Eurozone's…
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Uncertain rate cut timing – Societe Generale
Societe Generale's report provides insights on the British Pound (GBP) as the BoE's next rate cut timing remains uncertain. It suggests that the statement from the BoE will likely…
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Prices rise amid US-Iran tensions – UOB
Crude oil prices continued to rise, driven by renewed tensions between the US and Iran. Reports indicate that US President Trump has issued warnings to Iran while military forces…
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Holds losses near 0.6000, nine-day EMA
NZD/USD remains subdued for the second consecutive day, trading around 0.5990 during the early European hours on Thursday. The technical analysis of the daily chart signals a…
Japanese Yen struggles as fiscal and political woes offset hawkish BoJ
The Japanese Yen (JPY) languishes near a two-week low against a firmer US Dollar (USD) during the Asian session on Thursday and seems vulnerable to prolonging the downtrend…
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Indian Rupee remains broadly firm on US-India trade deal euphoria
The Indian Rupee (INR) ticks up at open against the US Dollar (USD) on Thursday. The USD/INR pair trades subduedly around 90.50 as the Indian Rupee holds United States (US)-India…