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Markets
US Dollar rises on easing Fed rate cut bets, focus shifts to NFP
Here is what you need to know on Thursday, November 20:The US Dollar (USD) outperformed its rivals midweek as the minutes of the Federal Reserve's (Fed) October policy meeting fed…
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Canadian Dollar flat lines above 1.4050, all eyes on US NFP data
The USD/CAD pair holds steady near 1.4060 during the early European session on Thursday. Traders brace for the upcoming US Nonfarm Payrolls (NFP) data to provide clues about the…
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EUR/USD slides further to near 1.1500 ahead of US NFP data
The EUR/USD pair extends its losing streak for the fifth trading day on Thursday. The major currency pair slides to near an almost two-week low around 1.1500 during the European…
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Japanese Yen vulnerable amid fiscal concerns and BoJ rate hike delay
The Japanese Yen (JPY) continues with its relative underperformance against a broadly firmer US Dollar (USD) and drops to a fresh low since mid-January during the Asian session on…
S&P 500 ETF (SPY) resumes advance towards all-time high [Video]
The bullish cycle in the S&P 500 ETF (SPY), which commenced from the April 7, 2025 low, remains underway as a five-wave impulsive structure. Wave (3) of this advance concluded…
Japan’s recent economic indicators have been solid overall
Bank of Japan (BoJ) board member Toyoaki Koeda said on Thursday that Japan’s underlying inflation is now around 2%, supported by broadly solid economic indicators, tight…
PBOC sets USD/CNY reference rate at 7.0905 vs. 7.0872 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 7.0905 compared to the previous day's fix of 7.0872 and 7.1201 Reuters…