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Markets
NZD/USD’s post-RBNZ rally finds resistance above 0.5690
The New Zealand Dollar is trading higher against its US counterpart on Wednesday, boosted by a “hawkish cut” by the Reserve Bank of New Zealand RBNZ) and heightened hopes that the…
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Retail Sales data sparks caution – UBS
In a recent analysis by UBS, Paul Donovan discusses the implications of the latest US Retail Sales data, which showed slight softness. Donovan emphasizes the importance of…
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EUR/USD rallies on a brighter market mood and hopes of Fed rate cuts
EUR/USD appreciates for the third consecutive day on Wednesday, reaching levels right below the 1.1600 line from lows near 1.1500 earlier this week. Growing hopes that the US…
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A timely diversification opportunity for tech-heavy portfolios
Key pointsHealthcare was the best-performing S&P 500 sector over the past month, while information technology was one of the weakest.This divergence may indicate that markets…
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Japanese Yen stalls intraday slide amid BoJ-Fed policy divergence
The Japanese Yen (JPY) stalls its modest intraday pullback from a one-and-a-half-week low, touched against a broadly weaker US Dollar (USD) earlier this Wednesday, amid reports…
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