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Forex
USD/CAD holds gains above 1.4000 as US government shutdown nears end
USD/CAD appreciates as the US Dollar gains on optimism of ending the US government shutdown. Weaker-than-expected ADP employment data have…
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Forex
Australian Dollar extends losses despite cautious RBA tone
Australian Dollar extends its losses despite a cautious RBA policy stance. The AUD could regain its ground as RBA’s Hauser…
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Forex
Japanese Yen remains depressed amid BoJ rate hike caution, risk-on impulse
The Japanese Yen remains depressed as Takaichi flags a looser fiscal goal, urges BoJ rate hike caution. A positive development…
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Forex
EUR/USD remains near 1.1600 as ECB holds steady, Fed easing eyed
EUR/USD may regain its ground as the ECB is expected to hold interest rates steady for the time being. The…
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Markets
Chart of The Day – Silver
Silver is trading nearly 1% higher today, climbing back above 50 USD per ounce and supported by gains in gold…
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Economics
German ZEW Economic Sentiment Weaker Than Expected
German ZEW Economic Sentiment (October): 38.5 (Forecast 41, Previous 39.3) Current Conditions: -78.7 vs -78.2 exp. and -80.0 previously EURUSD slightly loses…
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Markets
Let’s Talk U.K. Economy
UK labour market data for the three months to September was weak, and the signs also point to weakness for…
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Markets
DAX Up for 2nd Day
Germany’s DAX rose 0.2% to surpass the 24,000 mark on Tuesday, extending gains from the prior day, as hopes grew…
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Markets
European Stocks Extend Gains
Stocks in Europe were higher on Tuesday, with the STOXX 50 adding 0.5% and the STOXX 600 rising 0.6%, extending…
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Markets
FTSE 100 Rises 1% to New Record after Jobs Data
The FTSE 100 jumped over 1% to fresh highs near 9,900 on Tuesday as UK unemployment rose to 5%, the…
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