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Markets
Monetary policy remains in good shape
European Central Bank (ECB) President Christine Lagarde said in an interview at the Financial Times (FT) Global Boardroom Conference in London during the European trading session…
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Likely to trade with a downward bias – UOB Group
US Dollar (USD) is likely to trade with a downward bias, but is unlikely to break below 7.0540. In the longer run, outlook for USD remains negative; the next level to watch is…
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EUR/JPY tests long-term highs at 182.60 amid generalised Yen weakness
The Yen remains the worst-performing currency of the G8 majors this week. EUR/JPY downside attempts have been contained above a previous high, at the 182.00 area earlier on…
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Brent drops below $62 as global Oil glut deepens – ING
Oil prices are under further downward pressure this week, with ICE Brent falling below $62/bbl, settling at its lowest level since late October. The Oil market is moving deeper…
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Gold struggles to gain momentum as traders await Fed rate decision
Gold (XAU/USD) extends its sideways consolidative price move through the early European session and trades just below the weekly high touched earlier this Wednesday. Traders now…
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