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FX Today: It’s PMI-day!
The US Dollar (USD) kept its upside impulse well in place for yet another day on Thursday, this time climbing to the area of six-month highs backed by declining bets for another…
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US financial system is resilient
Federal Reserve (Fed) governor Lisa Cook said in remarks prepared for delivery at an event hosted by Georgetown University's business school on Thursday. She said that the US…
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USD/CAD rises as US Dollar gains on mixed labor data and Fed outlook
The Canadian Dollar (CAD) is under pressure against the US Dollar (USD) on Thursday, with the Greenback holding firm as markets scale back expectations of a December interest rate…
USD/JPY hits eleven-month high as Yen weakens, US jobs data mixed
USD/JPY trades around 157.65 on Thursday at the time of writing, up 0.45% on the day after touching a fresh eleven-month high at 157.88. The pair remains supported by broad…
EUR/GBP edges lower as Pound rebounds, Euro pressured by weak data
EUR/GBP trades lower around 0.8810 on Thursday at the time of writing, down 0.25% on the day as the Pound Sterling (GBP) gains ground. The move comes despite a still-uncertain UK…
USD/CHF climbs to two-week highs as US Dollar firms ahead of delayed NFP
USD/CHF advances for the fifth consecutive day on Thursday, with the pair drawing strong support from broad US Dollar (USD) strength as markets position cautiously ahead of the…
US Dollar Index (DXY) reaches resistance near 100.50 ahead of the NFP release
The US Dollar is trading higher across the board on Thursday as investors pare back bets of a Fed interest rate cut in December. The USD Index, which measures the value of the…