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Markets
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…
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Wages generally grew at a modest pace
The Federal Reserve (Fed) Beige Book is a document released eight times a year. This document gathers anecdotal information on current economic conditions in its District from Bank…
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WTI steady near one-month lows after EIA reports crude inventory build
West Texas Intermediate (WTI) Crude Oil trades little changed on Wednesday, hovering near one-month lows as traders show a muted reaction to the latest US Energy Information…
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USD/JPY holds firm as Yen softens despite weaker US Dollar and Fed rate cut bets
The Japanese Yen (JPY) remains under pressure against the US Dollar (USD) on Wednesday despite a broadly weaker Greenback. At the time of writing, USD/JPY is holding firm around…
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GBP/USD strengthens on UK Autumn Budget and OBR projections
GBP/USD strengthens on UK Autumn Budget and OBR projectionsThe British Pound (GBP) edges higher against the US Dollar (USD) on Wednesday as markets digest the United Kingdom’s…
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