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Markets
GBP/CAD firms as BoE delivers a cautious rate cut
The British Pound (GBP) edges higher against the Canadian Dollar (CAD) on Wednesday, reversing earlier losses as markets digest the Bank of England’s (BoE) latest monetary policy…
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EUR/USD extends losses ahead of ECB’s decision, US CPI release
EUR/USD has been rejected at 1.1750 and trades lower for the third consecutive day, changing hands at 1.1715 at the time of writing, but still within the weekly range, above…
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ECB likely to hold interest rates amid steady inflation, sluggish economic growth
The European Central Bank (ECB) is holding its last two-day meeting of the year and will announce its monetary policy decision on Thursday. Financial markets anticipate the central…
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US Consumer Price Index to provide inflation update after shutdown gap
The United States (US) Bureau of Labor Statistics (BLS) will publish the all-important Consumer Price Index (CPI) data for November on Thursday at 13:30 GMT.The inflation report…
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DXY holds above 98.00 amid quiet US data – ING
The Dollar Index (DXY) remains supported above 98.00 as recent US data and Fed commentary have had little impact, with attention shifting to today’s ECB meetings for potential…
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