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Focus shifts to inflation data in Japan and Germany
The US Dollar (USD) navigated an inconclusive range near recent lows, as volatility remained scarce and trade conditions thin in light of the Thanksgiving Day holiday on Thursday.…
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USD/CHF steady amid Fed rate-cut bets, Swiss data anticipation
USD/CHF trades around 0.8050 on Thursday at the time of writing, virtually inchandeg for the day. The pair nevertheless remains under pressure as the US Dollar (USD) weakens…
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Inflation outturns are feeding into expectations
External Bank of England (BoE) MPC Member Megan Greene spoke at the Goodbody Annual Equity Conference in Dublin on Thursday. She said that although inflation has stabilized, her…
Uptrend remains intact despite early signs of bullish exhaustion
The Japanese Yen trims part of its earlier recovery against the US Dollar on Thursday as the Greenback shows resilience in muted, holiday-thinned trading. At the time of writing,…
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EUR/GBP holds near one-month low as ECB minutes limit downside for the Euro
The Euro (EUR) trades flat against the British Pound (GBP) on Thursday after a sharp slide on Wednesday following the United Kingdom’s Autumn Budget. At the time of writing,…
Growth vacuum leaves GBP exposed – Société Générale
The Economist described it as a ‘bodge-it budget’ that doesn’t give Britain what it needs. The FT calls it a ‘Spend now, pay later’ budget, which merely delays fiscal pain. The…