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WTI Oil drops to one-month lows on Ukraine talks, supply outlook
West Texas Intermediate (WTI) US Oil trades around $57.60 on Friday at the time of writing, down 1.90% on the day. The Crude Oil extends its three-day losing streak, slipping below…
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Pound Sterling Price News and Forecast:GBP/USD firm as Fed easing bets outweigh soft US PMI signals
GBP/USD firm as Fed easing bets outweigh soft US PMI signalsThe Pound Sterling turns positive in the day as traders increase their bets that the Federal Reserve could cut rates at…
USD/CAD hovers near 1.4100 as markets digest Fed remarks and mixed Canadian data
The Canadian Dollar (CAD) holds steady against the US Dollar (USD) on Friday, with USD/CAD hovering near 1.4100 as the Greenback stages a rebound after briefly losing momentum on…
S&P Manufacturing PMI declines to 51.9 in November, Composite PMI rises to 54.8
US S&P Global Composite PMI rose to 54.8 in November's flash estimate from 54.6 in October, showing that the business activity in the US' private sector continued to expand at…
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Fed can still cut rates in near term
Federal Reserve (Fed) Bank of New York President John Williams said on Friday that the Fed can still cut rates in the near term, given current policy is modestly restrictive, per…
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Gold slides as December Fed rate cut bets diminish
Gold (XAU/USD) trades on the back foot on Friday, weighed down by fading hopes of a December interest rate cut from the Federal Reserve (Fed). At the time of writing, XAU/USD is…