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Dollar weakens further ahead of the NFPs

Dollar extends slide on slowing unit labor costs. Investors scale back their Fed hike bets. NFPs enter the limelight; mind the earnings. Wall Street …

2 years, 9 months ago

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Week Ahead: RBA and BoC to hold rates but might be tempted to hike, OPEC meets

Policy decisions from the RBA and the Bank of Canada will be taking centre stage next week amid an otherwise light agenda. In the United States, the …

2 years, 9 months ago

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Fed officials signal pause in rates, dollar retreats

Dollar loses steam after Fed members indicate ‘pause’ in rate hikes. US debt ceiling deal passes House, but stocks and gold uninterested. Eurozone in…

2 years, 9 months ago

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Weak Chinese data pushes risk assets lower

China PMIs disappoint, dragging down risk-sensitive currencies. Yen recovers, helped by safe-haven flows and Tokyo FX warning. Euro turns to German i…

2 years, 9 months ago

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Dollar fires up, pushes gold down the stairs

Dollar continues to recover ground, bolstered by Fed bets. Gold falls to 6-week lows as debt ceiling deal spreads relief. Stocks set to open higher, …

2 years, 9 months ago

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Biden and McCarthy agree to raise US debt ceiling

Biden and McCarthy find common ground, deal ready for Congress vote. Dollar takes a breather, but summer hike bets increase. Turkish lira slips to ne…

2 years, 9 months ago

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Week Ahead: Nonfarm payrolls eyed as dollar rides Fed bets

With investors flirting with the idea of one final Fed rate increase this summer and the dollar making a comeback, there will be increased emphasis o…

2 years, 9 months ago

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Dollar pauses for breath ahead of inflation data, tech rally eases

Fed rate cut bets continue to be priced out, all eyes on core PCE inflation. US dollar softer today but still headed for third weekly gain. Debt deal…

2 years, 9 months ago

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Gold and yen scorched by rising yields, Nvidia saves stocks

Dollar continues its grind higher, empowered by Fed bets and risk aversion. Gold gets burned by rising yields, central bank divergence hits Japanese …

2 years, 9 months ago

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FOMC minutes on the radar as dollar attempts comeback

Dollar extends recovery, stock markets slide in risk-off session. Sterling takes a hit despite hot UK inflation, RBNZ sinks the kiwi. Debt ceiling ne…

2 years, 9 months ago

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