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Markets
EUR gains as Germany pension reform set to pass – Rabobank
Germany’s pension reform looks set to pass after Die Linke signals abstention, giving Euro (EUR) a temporary boost against the Pound Sterling (GBP). Despite this parliamentary…
CAD shrugs off renewed USMCA withdrawal threat – Scotiabank
The Canadian Dollar (CAD) shows only mild weakness after fresh headlines on a possible USMCA withdrawal, but persistent long-term trade uncertainty continues to cap gains. Despite…
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USD/CAD picks up from 1.3940 lows ahead of US and Canadian data
The US Dollar is showing moderate gains against its Canadian counterpart on Thursday, trading at 1.3970 after bouncing from five-week lows near 1.3940. From a wider perspective,…
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USD/JPY extends losses to fresh two-week lows near 154.50
The US Dollar-Yen recovery attempt seen during Thursday’s early Asian session was capped at 155.50, and the pair resumed its broader bearish trend during the European trading…
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USD mixed as markets anticipate Fed cuts – BBH
US Dollar (USD) remains mixed as bets on Fed rate cuts rise amid disappointing ADP payrolls and signs of easing inflation pressures. US labor market shows strain with negative job…
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Euro bounces from 0.8737 lows with bears still in control
The Euro is picking up from five-week lows near 0.8735 on Thursday, as the Pound loses steam, following Wednesday’s rally. The pair, however, maintains its bearish trend intact,…