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Markets
Japanese Yen rises on intervention fears and BoJ rate hike prospects
The Japanese Yen (JPY) gains some positive traction during the Asian session on Thursday and stalls its modest pullback from a one-week top, touched against a broadly weaker US…
WTI slips below $58.50 due to possible Ukraine-Russia ceasefire
West Texas Intermediate (WTI) Oil price loses ground after registering more than 1% gains in the previous session, trading around $58.30 per barrel during the Asian hours on…
New Zealand Dollar gathers strength above 0.5700 as Retail Sales beat expectations
The NZD/USD pair extends the rally to around 0.5710 during the early Asian session on Thursday. The US Dollar (USD) weakens against the New Zealand Dollar (NZD) as traders expect…
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USD/JPY slides to 156.00 amid BoJ rate hike bets, dovish Fed outlook
The USD/JPY pair struggles to capitalize on the previous day's bounce from the 155.65 area, or a one-week low, and meets with a fresh supply during the Asian session on Thursday.…
Attention shifts to the euro docket on Thanksgiving Day holiday
The US Dollar (USD) remained on the back foot on Wednesday despite auspicious US data releases ahead of the Thanksgiving Day holiday. Meanwhile, investors continued to see the…
EUR/USD edges toward 1.16 as falling claims fail to shake dovish mood
The EUR/USD registers back-to-back bullish days boosted by speculation that the Federal Reserve might cut rates at the December meeting, following the release of a strong jobs…
Dow Jones climbs for fourth consecutive day on rate cut bets
The Dow Jones Industrial Average (DJIA) gained another 300 points on Wednesday, clawing back recent losses and retesting the 47,500 level. The major equity index has stepped into…
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Canadian Dollar gains ground as US Dollar recedes
The Canadian Dollar (CAD) found a fresh round of bidding strength on Wednesday, lurching into its highest levels against the US Dollar (USD) in a week. Loonie gains are unlikely to…